Head of Internal Control & Compliance (ICC)

Job Description

Title: Head of Internal Control & Compliance (ICC)

Company Name: NRBC Bank PLC

Vacancy: 1

Age: At most 55 years

Job Location: Dhaka

Salary: --

Experience:

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

• Master’s degree in Banking Management (MBM), Business Administration (MBA), Accounting, Finance, Management, Economics, or any other relevant discipline from a reputed university.

• Professional qualifications such as CA, CMA, ACCA, CIA, CISA, CFE, or other recognized qualifications in audit, compliance, accounting, risk management, or banking will be considered a strong advantage.

• Specialized training/certification in Internal Audit, Internal Control & Compliance, Risk-Based Audit, Fraud Risk Management, Information Systems Audit, Regulatory Compliance, or Corporate Governance will be given preference.

• No 3rd Division/Class or equivalent result in any academic examination will be permissible.

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

• Age At most 55 years

Age Limit: Maximum 55 years as on 24/10/2026

Experience Requirements

• Minimum 20 years of professional banking experience, with substantial exposure to Internal Control & Compliance, Audit & Inspection, Compliance Monitoring, Risk Management, Credit, Operations, or related control functions.

• At least 3–5 years of senior-level experience in Internal Control & Compliance/Audit & Inspection, preferably in a scheduled commercial bank.

• Candidates currently serving or having substantial experience as Head of ICC, Deputy Head of ICC, Head of Audit & Inspection, Head of Compliance, or in an equivalent senior control function will be given preference.

• Sound knowledge of Bangladesh Bank’s Guidelines on Internal Control & Compliance, risk-based internal audit, regulatory compliance, Bank Company Act, BFIU requirements, corporate governance requirements, and other applicable banking laws and regulations.

• Proven experience in risk-based auditing, branch and Head Office inspection, compliance monitoring, fraud and irregularity investigation, regulatory inspection compliance, audit follow-up, and control assessment.

• Strong understanding of banking operations, credit, foreign exchange and trade finance, treasury, digital banking, cards, information technology, and other major banking activities from an internal control perspective.

• Ability to identify systemic control weaknesses, conduct root-cause analysis, recommend practical corrective measures, and independently escalate significant issues to Senior Management and the Board/Audit Committee, as applicable.

• High level of professional integrity, independence, analytical ability, judgment, confidentiality, and attention to detail.

• Excellent leadership, communication, report-writing, presentation, regulatory liaison, and stakeholder-management skills.

NRBC Bank PLC., one of the fast-growing private commercial banks of the country, committed to maintaining the highest standards of internal control, regulatory compliance, governance, accountability, and operational integrity, invites applications from competent, experienced, dynamic, and highly disciplined banking professionals for the position of Head of Internal Control & Compliance (ICC).

The position is a key control function of the Bank, responsible for ensuring a robust internal control and compliance environment, independent assessment of operational and financial activities, identification of control weaknesses and irregularities, and effective implementation of corrective measures in line with Bangladesh Bank guidelines, applicable laws and regulations, and the Bank’s approved policies and procedures.

Rank: Senior Vice President (SVP) - Senior Executive Vice President (SEVP)

Location: Head Office, Dhaka

Employment Status: Permanent

Key Responsibilities

Internal Control Framework: Lead and strengthen the Bank’s internal control framework to ensure adequate controls, checks and balances, segregation of duties, accountability, and operational discipline across the Bank.

Regulatory Compliance: Ensure compliance with applicable Bangladesh Bank guidelines and circulars, Bank Company Act, BFIU requirements, relevant laws and regulations, and the Bank’s internal policies, procedures, and delegated authorities.

ICC Function Leadership: Lead and supervise the activities of the Internal Control & Compliance function, including Audit & Inspection, Compliance, and Monitoring functions/cells in accordance with the regulatory framework and organizational structure of the Bank.

Risk-Based Internal Audit: Develop and implement an effective risk-based internal audit and inspection plan covering branches, sub-branches, Head Office divisions/departments, business units, operations, digital channels, and other areas of the Bank.

Compliance Monitoring: Establish effective mechanisms for continuous monitoring of regulatory and internal compliance and ensure timely identification, reporting, escalation, and rectification of compliance gaps.

Audit & Inspection: Ensure comprehensive and independent audits and inspections of the Bank’s operations, financial activities, credit processes, cash management, trade finance, treasury, technology systems, and other critical areas.

Fraud & Irregularity Detection: Strengthen mechanisms for identifying and reporting fraud, forgery, misappropriation, financial irregularities, policy violations, control failures, and suspicious activities, and recommend appropriate corrective and preventive measures.

Follow-up & Rectification: Ensure effective follow-up of audit, inspection, regulatory, and compliance observations and monitor timely implementation of corrective actions by the concerned divisions, departments, branches, and business units.

Bangladesh Bank Inspection Compliance: Coordinate responses and compliance relating to Bangladesh Bank inspections and supervisory observations and ensure timely submission of accurate and complete compliance reports.

Regulatory & Statutory Audit Coordination: Coordinate, as applicable, with Bangladesh Bank, external auditors, statutory auditors, regulatory authorities, and other assurance providers on matters relating to internal control, audit, and compliance.

Policy & Procedure Review: Review the Bank’s policies, operational manuals, processes, products, and control procedures from an internal control and compliance perspective and recommend necessary improvements.

Control Testing & Monitoring: Develop effective control-testing and monitoring mechanisms to assess the adequacy and effectiveness of key controls and identify systemic or recurring control weaknesses.

ICT & Digital Control: Ensure appropriate audit and control coverage of Core Banking Systems, digital banking, cards, alternative delivery channels, information security, cyber risk, access controls, and technology-related operations, in coordination with relevant functions.

Management & Board Reporting: Prepare and present comprehensive reports on major audit findings, control weaknesses, compliance gaps, fraud and irregularities, unresolved observations, and emerging control risks to the Managing Director & CEO, Audit Committee of the Board, Board of Directors, and other competent authorities, as applicable.

Independence of ICC: Maintain the functional independence, objectivity, integrity, and confidentiality of the ICC function and ensure that audit and compliance activities are conducted without undue influence.

Preventive Control: Promote a preventive rather than merely detective control environment through root-cause analysis, process improvement, control enhancement, and continuous monitoring.

Compliance & Control Culture: Promote a strong culture of compliance, ethical conduct, accountability, zero tolerance for irregularities, and adherence to approved policies and procedures throughout the Bank.

Team Leadership & Development: Lead, develop, and strengthen the ICC team through effective manpower planning, professional development, specialized training, performance management, and succession planning.

Strategic Advisory: Advise the Board, Audit Committee, Managing Director & CEO, and Senior Management on significant internal control and compliance issues and recommend appropriate measures to strengthen the Bank’s governance and control environment.

Financial Benefits: Attractive and competitive compensation package