Monitoring Officer for ICC Division

Job Description

Title: Monitoring Officer for ICC Division

Company Name: A Leading Private Commercial Bank

Vacancy: --

Location: Anywhere in Bangladesh

Minimum Salary: Negotiable

Experience:
∎ 2 to 5 years
∎ The applicants should have experience in the following business area(s):Banks

Published: 30 Jan 2025

Education:

Requirements:

Additional Requirements:
∎ Experience Requirements: 2-5 years’ experience in any Bank’s ICC Division with proven track record in respective field i.e. audit and inspection, compliance and reporting
∎ Candidates from Audit firm will be given preference.
∎ Must have experience in Special Investigation and Audit Report writing.
∎ Adequate knowledge on different section of Banking like GB, Foreign Trade, Credit, AML, Treasury, Risk Management, etc.
∎ Well conversant in Banking Laws & practices and different rules/regulations of Bangladesh Bank & other regulatory authorities
∎ Applicant having break of service need not apply.
∎ Computer literacy is a must.
∎ Experience Requirements: 2-5 years’ experience in any Bank’s ICC Division with proven track record in respective field i.e. audit and inspection, compliance and reporting
∎ Candidates from Audit firm will be given preference.
∎ Additional Requirements:
∎ Must have experience in Special Investigation and Audit Report writing.
∎ Adequate knowledge on different section of Banking like GB, Foreign Trade, Credit, AML, Treasury, Risk Management, etc.
∎ Well conversant in Banking Laws & practices and different rules/regulations of Bangladesh Bank & other regulatory authorities
∎ Applicant having break of service need not apply.
∎ Computer literacy is a must.

Responsibilities & Context:
∎ Conduct regular /surprise/special audit & inspection of Banks’ Branch/Division/Departments/Subsidiary concerns
∎ Monitor the records, transactions, statements, etc. both physical & CBS audit as per regulatory, divisional & branch own policy
∎ Prepare audit reports on basis of finding/observation with specific recommendation for corrective measures and compliance
∎ Will be responsible for special Investigation and audit report writing.
∎ Receive Audit and Inspection Reports from the Audit and Inspection Unit and Bangladesh Bank.
∎ Ensure timely compliance of internal/external/Bangladesh Bank audit/ inspection report
∎ Correspondence with the branches/departments for follow up and compliance.
∎ Prepare the compliance report to be submitted Bangladesh Bank within the stipulated time
∎ Prepare & present memos before the Board Audit Committee comprising of internal audit/inspection report.
∎ Monitor the operational performance of the branches/divisions/departments.
∎ To monitor/follow-up Branches/Division/Department for compliance on entire findings/recommendation
∎ Review the LDCL and prepare a summary report on the deviations observed in the LDCL.
∎ Carry out surprise inspection routinely to Branches/Divisions to sample checks on the items of DCFCL/Self-Assessment of Anti-Fraud Internal Control/AML & CFT issues/any regular gaps are identified.
∎ Prepare annual inspection reports of the Bank
∎ A Leading Private Commercial Bank is looking for Experienced Officials for the following position
∎ Employment Status: Permanent in the rank of SO/FEO/EO/SEO
∎ Job Responsibilities:
∎ Conduct regular /surprise/special audit & inspection of Banks’ Branch/Division/Departments/Subsidiary concerns
∎ Monitor the records, transactions, statements, etc. both physical & CBS audit as per regulatory, divisional & branch own policy
∎ Prepare audit reports on basis of finding/observation with specific recommendation for corrective measures and compliance
∎ Will be responsible for special Investigation and audit report writing.
∎ Receive Audit and Inspection Reports from the Audit and Inspection Unit and Bangladesh Bank.
∎ Ensure timely compliance of internal/external/Bangladesh Bank audit/ inspection report
∎ Correspondence with the branches/departments for follow up and compliance.
∎ Prepare the compliance report to be submitted Bangladesh Bank within the stipulated time
∎ Prepare & present memos before the Board Audit Committee comprising of internal audit/inspection report.
∎ Monitor the operational performance of the branches/divisions/departments.
∎ To monitor/follow-up Branches/Division/Department for compliance on entire findings/recommendation
∎ Review the LDCL and prepare a summary report on the deviations observed in the LDCL.
∎ Carry out surprise inspection routinely to Branches/Divisions to sample checks on the items of DCFCL/Self-Assessment of Anti-Fraud Internal Control/AML & CFT issues/any regular gaps are identified.
∎ Prepare annual inspection reports of the Bank

Compensation & Other Benefits:
∎ Attractive compensation package
∎ Excellent working environment
∎ Smooth Career Progression
∎ What We Offer:
∎ Attractive compensation package
∎ Excellent working environment
∎ Smooth Career Progression

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

If you meet the eligibility requirements, please send your details CV to this email address [email protected] with mentioning 'Job Title' in the subject line latest by February 9, 2025.

* Only short-listed candidates will be invited for interview. For highly deserving candidates, conditions and requirements mentioned above may be relaxed. We do not entertain canvassing in any form and the Bank reserves the right to accept or reject any application without assigning any reason