Monitoring Officials, ICCD-Up to EO

Job Description

Title: Monitoring Officials, ICCD-Up to EO

Company Name: Bank Asia PLC

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 2 years
• The applicants should have experience in the following business area(s): Banks

• Masters

MBA/ MBM/ Masters in any business discipline. Candidates having professional qualifications, e.g. CA (CC)/ CMA-Inter/ACCA/CAMS/JAIBB/AIBB will be given preference.

• At least 2 years
• The applicants should have experience in the following business area(s): Banks

Minimum 2 to 6 years working experience in the field of Auditing/Monitoring/General Banking/Credit/Treasury/Cards including Anti-Money Laundering related functions in any commercial bank.

Additional qualification:

• Ability to travel to other locations (as/when needed).

• Strong Communication skills with proficiency in Microsoft Office applications and IT Tools.

• Sound knowledge of Banking Operations, Internal Controls, and Regulatory Compliance.

• Ability to Analyze Data, identify Control Gaps, Operational Risks, and Process Deviations.

• Familiarity with Audit/Inspection, and Risk Based Monitoring Frameworks.

• Conduct Off-site Monitoring through CBS/other systems, Virtual Meeting & e-mail communication on various issues of Branches, Sub-Branches, SME Centers, IBW’s including the Department/Divisions of Corporate Office and report the identified lapses/shortcomings/deviations.

• Carry out On-site Monitoring including Surprise Visit and Compliance Testing of Branches, Sub-Branches, SME Centers, IBW’s and relevant Department/Divisions to assess operational soundness/control effectiveness and report accordingly.

• Proactively identify, monitor, and report high-risk issues, including Early Warning Borrowers/Issues, on a regular and ongoing basis.

• Review and examine all General Banking, Credit, Foreign Trade, Treasury Functions, Card Operations (both debit & credit) and related issues and report the identified lapses/shortcomings including irregularities/gross deviations (when/where applicable).

• Identify potential Operational, Financial, and Compliance risks in banking operations and prepare detailed monitoring reports with practical recommendations for risk mitigation.

• Review and examine Banking/Transactional records, Trial Balances, Affairs and different GL Heads to ensure accuracy and compliance.

• Identify Unrealized Income/ Charges/ Fees/ Margin/Commission etc. in accordance with the Bank’s Schedule of Charges and applicable guidelines.

• Review and prepare Exception Reports based on Internal Control and Monitoring Tools of the Monitoring Department, including LDCL, QOR, Self-Assessment Anti-Fraud Internal Controls and DCFCL.

• Evaluate compliance with regulatory requirements and the Bank’s internal policies, procedures, and circulars.

• Perform any other duties as assigned by the Head of Monitoring and the Head of ICCD.