Manager, Risk & Special Asset Management Department

Infrastructure Development Company Limited (IDCOL)

Infrastructure Development Company Limited (IDCOL)

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Summary

• Vacancy: 1
• Location: Anywhere in Bangladesh
• Experience: At least 5 years
• Published: 22 Jan 2025

Requirements

Education

• Minimum bachelor’s degree in Finance, Law, Economics, Business Administration or related field with a minimum CGPA of 3.00; Master’s or professional certifications (CAMS, ICA) will be preferred.

Experience

• At least 5 years

Additional Requirements

• A minimum of 5 years of experience in AML/CFT, Compliance or Risk Management Unit of Financial Institutions (at least 02 years in a leadership role within banks and FCs)
• Understanding of requirements from local regulators like BFIU, Bangladesh Bank and international regulators like FATF, DoJ, OFAC and European Union. Also, a detailed understating of local and international financial AML/CFT trends would be preferred.
• Proficiency in using compliance tools, regulatory reporting (STRs/SARs/CTRs) and risk assessment frameworks.
• Proven ability to lead teams, make decisions, and collaborate with internal and external stakeholders to get the response and results as per requirement.
• Strong communication and reading skills in English; effective communication skills for engaging with management, regulators, auditors and law enforcement agencies.
• High ethical standards, attention to detail, and ability to manage multiple priorities.

Responsibilities & Context

As a champion of sustainable financing solutions, Infrastructure Development Company Limited (IDCOL) empowers transformative projects across diverse sectors. Join our dynamic team to drive positive change through sustainable development and shape a brighter, greener future.

Duties and Responsibilities

• Lead the development, implementation, and regular review of the AML/CFT framework, ensuring compliance with Bangladesh Bank regulations and international best practices. Supervise the execution of policies, including Customer Acceptance Policy (CAP), KYC, due diligence, and transaction monitoring.
• Conduct enterprise-wide AML/CFT risk assessments, oversee transaction monitoring to detect suspicious activities, and ensure effective mitigation strategies for high-risk accounts and transactions.
• Act as the key liaison with regulators, auditors, and law enforcement agencies to ensure compliance with and address queries.
• Develop and update AML/CFT policies, processes, and guidelines in response to regulatory changes. Conduct organization-wide training programs to build awareness and expertise among employees and external stakeholders.
• Lead, mentor, and manage the AML/CFT team, ensuring resource efficiency and skill development. Oversee the implementation and maintenance of compliance tools and systems.
• Collaborate with internal departments (e.g., Risk, Legal, Credit) to address compliance risks. Provide periodic updates to the CEO, Board of Directors, and Audit Committee on AML/CFT activities and risks.
• Manage the process of reviewing, approving, and disclosing STRs/SARs. Maintain a comprehensive database of suspicious activity disclosures and ensure timely follow-up and corrective actions.

Compensation & Other Benefits

• We offer attractive package

Employment Status

Full Time

Job Location

Anywhere in Bangladesh

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