Manager, Regulatory Compliance

Job Description

Title: Manager, Regulatory Compliance

Company Name: BRAC Bank PLC

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 8 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors
• Masters

Masters/ Bachelor’s degree from a reputed university with a satisfactory academic track record.

• At least 8 years
• The applicants should have experience in the following business area(s): Banks

• Eight years of relevant work experience with minimum four years in ICCD functions, preferably in the banking or financial services industry.

• Relevant certifications like JAIBB, AIBB, BIBM Certifications (e.g. CERM, CETS, CECM, CEAF, CPAI, CICC) and Professional certification e.g. CIA, CA, ACCA, ACMA and/or CIMA are preferred.

• Excellent interpersonal and collaboration skills to work with cross functional teams.

• Good analytical and problem-solving skills.

• Positive mindset to work under pressure and adaptive to change.

• Self-propelled, proficient in customer-centricity, team player, and capability to meet deadlines.

BRAC Bank PLC is a full-service private commercial bank in Bangladesh, aiming to become the most trusted, innovative and inclusive bank, driven by purpose and powered by people. It plays a pivotal role in shaping the country's financial future, with a clear focus on sustainability. With the highest market capitalisation, the highest international shareholding and the country’s best credit rating, the bank leads the Bangladesh banking industry in key financial metrics. BRAC Bank is considered the standard bearer of good governance, ethics and values-based banking. BRAC Bank today serves as a trusted partner for individuals and businesses across every segment of the economy - Small & Medium Enterprises (SME), Corporate & Institutional and Retail Banking.

BRAC Bank is currently looking for an ambitious, intelligent, goal-oriented, and enthusiastic individual for the following position in its Internal Control and Compliance Division

Grade: SPO

KEY RESPONSIBILITIES:

• Coordination with all Regulatory Inspection teams.
• Collecting information from stakeholders and providing the same to Inspection teams and vice versa.
• Performing regular follow-up and conducting meetings among stakeholders and Inspection teams.
• Circulation of Inspection Reports to the stakeholders for collecting compliance response.
• Compiling stakeholders’ response and subsequent effective communications.
• Submitting compliance response according to regulatory expectations ensuring quality within the deadline.
• Performing compliance review on regulations for implementation of regulatory directives.
• Ensuring accurate reporting to key stakeholders (e.g. RM paper, Core Risk rating etc.).
• Providing prudent advisory services to stakeholders (e.g. on PPG, Policy, Process, regulatory directives etc.).
• Reviewing compliances, adequacy and efficiency of internal controls over relevant laws, regulations policies, processes, best practices etc. both in terms of internal and regulatory requirements as applicable.
• Formulating and maintenance of critical MIS forecasting compliance and control risks..