Woori Bank, the First Commercial Bank of Korea incorporated in 1899, head Quarter located in Seoul, South Korea, operating 877 Branches in Korea and 430 Global Networks in 26 Countries with 22,377 employees.

Being one of the largest commercial bank of Korea, Woori Bank started its operation in Bangladesh in 1996. During last 27 years in Bangladesh, the Bank expanded its network with 07 Branches (Gulshan, Mirpur, Uttara, Narayanganj, Chittagong, Motijheel and Karwan Bazar) and 02 Customer Service Centre in DEPZ, Savar & CEPZ, Chattogram. The Bank also diversified its portfolio in both Retail and Corporate Banking services to its customer with premium service quality. As part of its Business expansion, Woori Bank is looking for highly deserved candidates for the following position:    

Job Responsibilities

• Reviewing loan concentration and reporting management if any breach found comparing with lending cap.
• Taking steps to increase effectiveness of Executive Risk Management committee.
• Improving quality of assets by reviewing target based program, recovery of classified and written off loans.
• Reviewing loand and deposits portfolio changes and monitoring progress status of taken initiatives of management for increasing portfolio.
• Improving quality of assets by reviewing target based program, recovery of classified and written –off loans.
• Reviewing intiatives to increase CMSME performance rating, Green Banking Peformance Rating, CSR Performance rating, etc.
• Several Report need to prepare as and when required.
• Setting risk appetite and limits for the various business lines.
• Identify and evaluate business risks and control them.
• Manage the process for developing risk limits and approval authorities.
• Monitoring loan portfolio for ensuring sound quality assets and operational risk etc.
• Monitoring loan portfolio to ensure good quality asset growth.
• Monitoring credit concentration and ensuring compliance of internal limit.
• Monitoring and following up overdue loans, SMA loans, NPL, written off loans, overdue accepted bills etc.
• Monitoring foreign exchange related risk such as exchange rate risk, maintenance of FX related limits, repatriation of export proceeds etc.
• Monitoring liquidity ratios, liability concentration, and growth of asset etc. to manage liquidity risks.
• Monitoring unsettled issues (identified fraud/forgeries, major irregularities etc.
• Implementation of Management Instructions and Internal Policies.
• Policy and Manual review and update.
• ERMC meeting and improvement decisions.
• Any other jobs - assigned by the management.

Educational Qualification & Other Competencies

• Master’s Degree preferably in Business discipline from any reputed Public/Private/Foreign University with good academic record of accomplishment. Other professional Certification like CFA, CPA, ACCA or CA will be considered as an added advantage
• Minimum 5 to 8 years of banking experience in a bank as Compliance Officer or in Internal Control and Compliance department
• Must have necessary knowledge in the area of Foreign Exchange, General Banking, Credit, Risk Management & AML/CFT
• Proficiency in MS Office, Excel & Power-Point
• Excellent presentation and communication skills in both English and Bengali

Salary: Negotiable

Allowances & Benefits: Different allowances and benefits as per Bank’s rules.

Note: Detail information must be ensured by the applicant on:

• Present Position (2) Job Details (3) Present Salary (4) Expected Salary (5) Educational Information (6) Marital Status
  (7) Present and Permanent address (8) Age as of 30 April 2023 (9) 02 References and etc.

Application Procedure:

Application Deadline: 12 May 2023

SAY NO TO MONEY LAUNDERING & TERRORIST FINANCING. SAVE COUNTRY & SAVE YOURSELF!