BRAC Bank is a value-based organization and one of the most sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank's aspiration towards becoming the best bank in the country.

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

Associate Manager, Anti-Money Laundering Division

Employment Type: Full Time

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 end-to-end process.
  • Assisting in reviewing/investigating and reporting of Suspicious Transaction/Activity and post reporting activity. Also, initiate Adverse Media search using available systems and escalating to Line Manager.
  • Assist in Reporting of Cash Transaction Report to Regulatory Authority.
  • Reviewing related processes and suggest amendment 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 other 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 2-5 Years working experience in banking industry
  • Candidates having experience in handling AML issues will get preference
  • Candidates having CAMS certification will get preference
  • Strong command over advance MS excel
  • Strong communication and presentation skill
  • 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 skill including multiplying, dividing, and counting using fractions
  • Interaction with team members at all levels 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.

BRAC Bank is a values-driven organization and believes in protecting all its stakeholders, including the employees and the community we work with, from all forms of harassment, abuse, neglect, exploitation, and discrimination. As an equal opportunity employer, BRAC Bank encourages applications from any gender-diverse individuals and people with disabilities. We consider personal persuasion as disqualification of candidature

If you are interested in taking this challenge, please 'Apply Now. 

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

BRAC Bank does not charge any fee at any stage of the recruitment process.

Application Deadline: June 11, 2022