Head of Internal Control & Compliance
Job Description
Title: Head of Internal Control & Compliance
Company Name: Fareast Finance & Investment Limited
Vacancy: 01
Job Location: Anywhere in Bangladesh
Employment Status: Full-time
Educational Requirements:
∎ 4 Years Bachelor/Master with Commerce/Business background (having no 3rd Division/Class in any academic record) with CA/CMA/CIA/CFA
Experience Requirements:
∎ At least 8 year(s)
Job Responsibilities:
∎ The Head of Internal Control & Compliance, has overall responsibility for total administration of Internal Control and Compliance of Fareast Finance & Investment Limited (FFIL). The Head of ICC has to provide reasonable assurance to the Senior Management and the Audit Committee of the Board that there are effective and efficient policies and procedures in place, well understood and respected by all employees, and that FFIL is complying with all regulatory requirements. The position is responsible for ensuring ICC is closely aligned with industry best practices in executing the duties across the FFIL's business and operations.
∎ Developing ICC work plan that reflects FFIL's highest risks that will be monitored by the compliance function.
∎ Providing guidance to the Audit Committee of the Board, Senior Management, and all other Employees on compliance.
∎ Implementation of the Compliance Program.
∎ Maintaining current knowledge of Laws and Regulations, keeping abreast of recent changes.
∎ Developing policies and programs that encourage employees to report suspected fraud and other improprieties without fear of retaliation.
∎ Monitoring external audit (Bangladesh Bank, Statutory Auditor) review process, maintain awareness of compliance issues, and responds to administrative inquiries related to compliance issues or audits.
∎ Provide an annual holistic opinion on the effectiveness and adequacy of risk management, control, and governance processes.
∎ Run ICC Department complying Guidelines set by Bangladesh Bank.
∎ Preparation and submission of reports to the Audit Committee of the Board, Senior Management and Regulatory Authorities as per requirements.
∎ Keep constant follow-up on the resolutions of audit findings.
∎ Fostering the quality and continuous improvement in the control process.
∎ Appropriate recognition and addressing of legislative and regulatory issues impacting the Company.
∎ Others, as and when assigned.
Additional Requirements:
∎ Age at most 40 years
∎ 8 [eight] years with at least 5 [five] years experience in the Internal Control & Compliance Department of any Non-Bank Financial Institution.
∎ Effective written and oral communication skills with good typing speed in English and Bengali.
∎ Ability to work without supervision and organize own workload and manage time effectively.
∎ Ability to work under pressure, within agreed targets and time scales and deliver quality outcomes.
∎ Ability to promote & present ICCD functions positively to the Management and the Board.
∎ Not more than 40 years as on May 31, 2021. Age limit may be relaxed for experienced candidate.
Salary:
∎ Attractive salary package.
Compensation & Other Benefits:
∎ Provident fund, staff gratuity, festival bonus, group life insurance scheme, hospitalization assurance plan and mobile facilities as per rules of the company.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 31 May 2021
Company Information:
∎ 20 May 2021
∎ Fareast Finance & Investment Limited
∎ Business : Non Banking Financial Institution
Category: Bank/Non-Bank Fin. Institution
:
Source: bdjobs.com
Deadline Expired on 31st May 2021
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