Jobs Dhaka
Compliance Manager
Requirements
Education
Bachelor/Honors
Experience
3 to 10 years
Additional Requirements
3 to 10 years’ experience with managing compliance regulatory projects or working in a banking environment or other financial management position.
Good understanding of financial institutions.
A humble, meticulous, and confident professional with a proven track record in change management.
Ability to quickly dig down the processes and data; however, also take a step back and take in the overview of the situation.
Analyze problems and translate them into concrete improvements and get the right buy-in and implement them.
Self-starter, proactive, and decisive.
Excellent social skills and a good dose of organizational sensitivity.
A team player who continuously improves self and the people around him/ her.
Strong financial acumen and skills to communicate financials with different stakeholders. Advanced user of MS Office.
Responsibilities & Context
ASA International is one of the world's largest and fastest growing international microfinance banking institutions offering socially responsible loans to underbanked, low-income female micro-entrepreneurs in Asia and Africa ("ASA International" or the "Group").
ASA International promotes financial inclusion and has successfully shown that access to financial services helps to reduce poverty and promotes social-economic progress for its predominantly female client base.
ASA International has a premium listing on the main market of the London Stock Exchange and serves close to 2.5 million customers across 13 countries in Asia and Africa.
It has corporate head offices in Amsterdam, the Netherlands as well as in Dhaka, Bangladesh.
ASA International provides small loans ranging from USD 250 to USD 2,000. Almost all customers are women that run small businesses, from small shops, restaurants, sewing businesses, to various trading activities and cottage industries. Increasing financial inclusion and promoting social and economic development of our clients and their communities is at the heart of ASA International's mission.
ASA International is a seeking a Group Compliance Manager at its global office location in Dhaka. As a compliance manager, you are responsible for ensuring a company complies with applicable laws and regulations and internal policies.
The position ensures the Board of Directors, management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed.
Above all the Group Compliance Manager will facilitate, develop and maintain the right culture and ensure that behavior in the organization meets the company’s standards of conduct and ethics.
Design and oversee the corporate compliance program of ASA International ("Compliance Program"), functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization.
One of the more important responsibilities includes oversight and review of the business areas' AML/KYC policies, procedures and intelligent transaction monitoring systems. Play a role in continual risk assessment related to compliance with local laws and regulations as they pertain to the business of the microfinance institutions in the various countries.
Implementing the Compliance Program with written policies, procedures, and standards of conduct.
Guiding compliance officers in group subsidiaries in establishing compliance function locally.
Enforcing standards through well-publicized disciplinary guidelines and developing policies. Advising on relevant regulatory issues concerning the Company’s business. Consults with the Chief Compliance Legal and Risk Officer as needed to resolve complex legal compliance issues. Identifying potential areas of compliance vulnerability and risk; developing/implementing corrective action plans for resolution of issues, and provides general guidance on how to avoid or deal with similar situations in the future.
Introduce effective compliance training program, including appropriate introductory conducting periodic risk assessments and response plans training for new employees as well as ongoing training for all employees and managers.
Conducting internal monitoring and auditing of Compliance Plan. Collaborating with other departments (e.g. Risk Management, Internal Audit, HR, etc.) to direct and resolve compliance issues.
Responding promptly to detected breaches, developing corrective actions, and reporting findings.
Providing reports on a regular basis, and as directed or requested, to keep the Audit and Risk Committee of the Board and senior management informed of compliance concerns. Developing effective lines of communication. Be responsible for overall & day-to-day management of compliance function (including AML, Anti-Bribery and Anti-Corruption Compliance management etcetera) of the holding company and supervision across the Group entities.
Setting internal governance, compliance and policies with internal control (and supervising the local compliance managers in performing the same locally) Identify, evaluate, address legal and reputational risks and effectively manage compliance risks. Implement compliance procedures & policies, ensure timely reporting, follow-up actions, documenting, record keeping and arrange trainings.
Prepare periodical compliance reports/ certificates/ confirmations
Communicate with external counsel & regulators if required and keep up to date with, and understand, relevant laws and regulations assist in the gathering of internal information in response to regulatory requests.
Ensure compliance with licensing requirements.
Highlight or escalate areas of concern, contribute to robust and effective compliance controls within the organization
Review contracts/documents, marketing materials, presentations and websites to ensure compliance with regulatory requirements
Collaborate with other departments to create a culture of compliance.
Compensation & Other Benefits
Provident fund, Weekly 2 holidays, Insurance, Gratuity
Festival Bonus: 2
Boishakhi allowance.
Employment Status
Full Time
Job Location
Dhaka
