BRAC Bank, the pioneer of SME Banking in Bangladesh, delivers a full array of banking services to individuals and 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 becoming the best bank in the country. While we thrive in the present, we invest simultaneously for the future.

BRAC Bank is currently looking for an enthusiastic and goal-oriented individual for the following position in its Advisory, MIS, and Governance team of the Anti-Money Laundering Division (AMLD):

Associate Manager/ Manager, Anti-Money Laundering Division

KEY RESPONSIBILITIES:

• CDD/ EDD/ PEP/ IP/ sanctions advisory and exception approvals, correspondent banking EDD advisory, risk assessment of regulatory requirements (circulars/acts), formulation and updating relevant policies & SOPs, risk assessment of products & services, branch queries, TBML advisory, TBML L3 alert mitigation, AML/TBML training content preparation and conducting sessions;
• Maintaining and circulating central MIS, self-assessment review of branches and follow-up on observations, quarterly meeting minutes review and follow-up, off-site review of branches, planning & coordination for branch inspections/ on-site reviews across Bangladesh, follow-up on branches for weaknesses mentioned in half-yearly AML-CFT report, etc;
• Taking appropriate action according to the requirement of regulatory letters/production orders following the end-to-end process;
• Assisting in reviewing/investigating, and reporting suspicious transaction/activity and post reporting activity. Also, initiate adverse media search using available systems and escalating to the line manager;
• Assist in Reporting of Cash Transaction Report to Regulatory Authority;
• Reviewing related processes, and suggest amendments of the same according to the changes of internal policy and Bangladesh Bank/BFIU regulations;
• Assisting in ongoing AML transaction monitoring for various exception reports such as Cash Transaction Report, Transaction Profile Breach Report, Transaction Monitoring Reports for High-Risk Accounts, Credit Card Transactions Monitoring, etc;
• Communicating with relevant units and the business in regards to STRs, compliance reviews, investigations, as well as ad-hoc projects;
• Coordinating with regulatory audit and other external stakeholders as well as internal stakeholders. 

KEY QUALIFICATIONS:

• BBA/MBA/Graduate or MSc in CSE;
• Minimum 5-4 years of working experience in the banking industry;
• Candidates having experience in handling AML issues will get preferences;
• Candidates having CAMS certification will get preferences; 
• Strong command over advanced MS excel;
• Strong communication and presentation skills;
• The ability to read and interpret documents such as government regulations, internal controls, and instruction manuals;
• Maintenance of discretion in handling confidential information;
• Usage of math skills including multiplying, dividing, and counting using fractions;
• Ability to interact with colleagues at any level of the organization professionally, including the ability to speak in front of groups;
• Willing to travel frequently;
• Proficient in customer centricity, self-propelled, team player, and capability to meet deadlines.

MALE, FEMALE, OTHER GENDER AND PERSON WITH SPECIAL NEEDS ARE EQUALLY ENCOURAGED TO APPLY

Only short-listed candidates will be called for interviews 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 pursue this opportunity, please ‘Apply Online’

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: September 21, 2021