BRAC Bank Limited, the pioneer in SME Banking, delivers a full array of banking services to individuals as well as business entities. Our financial results along with the best credit rating and multiple best financial report awards speak of our aspiration, transparency and teamwork towards the objectives of becoming the best bank in the country. While we thrive in present, we invest simultaneously for the future – upgraded core banking system in Finacle 10, first local bank to roll out Oracle ERP, process alignment with best practices and many more. However, this feat of providing a comprehensive range of solutions to its millions of customers would not be possible without our diversified business model and an unmatched network of 187 branches, 376 ATMs, 96 CDMs, 456 SME unit offices, 9 Regional Operations Offices and 510 Agent Banking outlets.

To support its continuous business growth, BRAC Bank is currently looking for an ambitious, smart, result-oriented individual with strong social skills and integrity in the following position:

Manager/Associate Manager, Regulatory Compliance under Internal Control & Compliance Division

KEY RESPONSIBILITIES:

• Develop and implement a compliance framework within the bank and development of a comprehensive compliance repository capturing, inter-alia, the regulatory extracts, policies and procedures for effective compliance, compliance risks and the corresponding controls etc. by conducting compliance review exercises;
  
• Follow up/monitor compliance with the regulatory guidelines and circulars;
  
• Track compliance with regulatory guidelines and circulars;
  
• Liaise with different departments and personnel for smooth collection of the compliance status of relevant regulations;
  
• Review compliance procedures by performing sufficient and representative compliance review to determine compliance of the system with internal/external standards and creation of monitoring mechanism;
  
• Address queries and clarifications on regulatory interpretations;
  
• Develop an effective communication process that will allow smooth compliance of relevant regulations in different departments and personnel;
  
• Carry out a compliance risk assessment review to identify and assess major compliance risks faced by the bank;
  
• Preparation of quarterly report on the compliance position of the bank including compliance risks, compliance failures/ breaches/ non-compliance with regulatory guidelines/ administrative actions initiated against the bank to be placed before the Head of ICC/ BAC/ BOD;
  
• Escalation of issues to Enterprise Risk Associate Forum (ERAF), Enterprise Risk Governance Forum (ERGF);
  
• Strictly maintain the confidentiality of compliance activities;
  
• Any other job assigned by management

KEY QUALIFICATIONS:

• Graduate from any reputed University with a satisfactory academic track record;
  
• Credibility as a subject matter expert and minimum 5+ years of work experience (experience in compliance/risk management roles will be given priority);
  
• Knowledge of local regulatory requirements and obligations and the ability to identify emerging compliance issues and themes;
  
• Experience in working with key country-level regulators and industry associations;
  
• Excellent communication skills with strong analytical ability;
  
• Passion for exceeding stakeholders’ expectations;
  
• Ability to lead a dynamic team independently and adaptive to changes;
  
• Proficient in customer-centricity, results-oriented and self-propelled.

FEMALE CANDIDATES ARE ENCOURAGED TO APPLY

Only short-listed candidates will be invited for the interview as per the recruitment process. BRAC Bank reserves the right to accept or reject any application without assigning any reason whatsoever.

If you are interested to take this challenge, please 'Apply Online' at www.bdjobs.com and send your résumé with a recent passport size photograph along with your NID number (mandatory).

BRAC Bank does not charge any fee at any stage of the recruitment process. Please note that BRAC Bank is an equal employment organization. Any form of persuasion will disqualify the candidature.

Application Deadline: July 7, 2021