Job Description
Title: Head of Internal Control & Compliance Division (ADMD/DMD)
Company Name: ONE Bank PLC
Vacancy: 01
Location: Dhaka
Salary: Negotiable
Experience:
∎ At least 10 years
∎ The applicants should have experience in the following business area(s):Banks
Published: 3 Apr 2024
Education:
∎ Masters in any discipline from any reputed University having no third division/class or CGPA less than 2.50 in any examination.Candidates having additional qualifications like CA/ACCA/CIMA/CMA/CSAA/ CISA/CFA will be given preference.
∎ Masters in any discipline from any reputed University having no third division/class or CGPA less than 2.50 in any examination.
∎ Candidates having additional qualifications like CA/ACCA/CIMA/CMA/CSAA/ CISA/CFA will be given preference.
Requirements:
Additional Requirements:
∎ Age at most 50 year(s)·
∎ Minimum 10 years of banking experience and 5 years in audit and inspection in any Commercial Bank.
∎ Sound knowledge and compliance regarding different types of circulars of Bangladesh Bank and other Regulatory Bodies and compliance of the circulars/instructions accordingly.
∎ Well conversant with Bank Companies Act, Basel III, Market risk, banking operations including Islamic banking, investment, trade finance, general banking, fund management etc.·
∎ Possesses fair knowledge of Core Risk Management guidelines, Auditing & Accounting Principles & Standards.
∎ Capable of examination and evaluation of the adequacy and effectiveness of the internal control systems; adherence to legal and regulatory requirements, codes of conduct, implementation of policies and procedures.
∎ Good presentation skills and proficiency in writing/compiling quality reports in English. Must have leadership capability to manage and motivate staff.
Responsibilities & Context:
∎ Analyze, formulate, implement and review internal control and compliance policies of the bank.
∎ Develop and ensure conducting comprehensive internal audit program for the bank.
∎ Assist the Management in formulating pertinent policies in line with operational procedures of the bank.
∎ Recommend measures/guidelines to prevent fraudulence, operational and business risks and to improve the adequacy of bank records and recordkeeping.
∎ Execute Internal Audits regularly as per plan, policies & strategies approved by the Audit Committee of the Board·
∎ Investigate, as requested by the Senior Management on fraud, embezzlements, and defalcations within the bank. Work in cooperation with Law Enforcement Agencies/Regulatory Bodies in any such cases as deemed necessary.
∎ Conduct investigations of irregularities discovered by or brought to the auditor's attention.
∎ Report audit findings and recommendations to concerned Management based on the results of regularly scheduled audits, non-scheduled audits and at any time when issues need to be addressed by the Management.
∎ Prepare and provide reports on frauds and forgeries of the bank and health reports of the bank.
∎ Maintain communication with the Board of Directors, Audit Committee of the Board, Senior Management and Stakeholders.
∎ Coordinate the Division’s activities with all applicable regulatory bodies.
∎ Monitor and constant follow-up compliance of internal and external audit findings.
∎ Supervise overall ICC Division complying with Core Risk Management guidelines as set by Bangladesh Bank.
∎ Perform other duties as required, consistent with the goals, objectives, and responsibilities of the internal audit department and with the approval of the Audit Committee of the Board.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Job Highlights:
Company Information:
∎ ONE Bank PLC
∎ HRC Bhaban, 46 Kawran Bazar, Dhaka-1215
Address::
∎ HRC Bhaban, 46 Kawran Bazar, Dhaka-1215
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 25 Apr 2024
Category: Bank/Non-Bank Fin. Institution
