BRAC Bank is 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.

Associate Manager/Manager, Regulatory Compliance

KEY RESPONSIBILITIES:

• Follow up and monitor compliance with the regulatory guidelines and circulars;
• Conduct compliance review/testing;
• Coordinate Bangladesh Bank (BB) Inspection team and ensure compliance response submission of BB inspection report and subsequent follow-ups;
• 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;
• Preparation of quarterly reports on the regulatory compliance position;
• Liaise with different departments and personnel for smooth collection of the compliance status of relevant regulations;
• Address queries and clarifications on regulatory interpretations;
• Develop an effective communication process that will allow smooth compliance with relevant regulations in different departments and personnel;
• Maintain trackers for regulations monitoring and review;
• 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.

KEY QUALIFICATIONS:

• A Bachelor's degree from a reputed university with a satisfactory academic track record;
• 3-5 years of work experience in a relevant field will be an added advantage;
• Credibility as a subject matter expert and a minimum of 6 years of banking experience (experience in audit, compliance, monitoring, and risk management roles will get priority);
• Knowledge of local regulatory requirements and obligations and the ability to identify emerging compliance issues and themes;
• Experience in working with key 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.

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 persons with disability. We consider personal persuasion as disqualification of candidature.

If you are interested in taking up the challenge, please 'Apply Online'. 

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: 20 September, 2022