BRAC EPL Stock Brokerage Limited, a subsidiary of BRAC Bank Limited; is one of the largest stock brokerage in Bangladesh with strong foothold in domestic institutions, retail clients and foreign institutional investment segment.
We are looking for confident, career focused and highly energetic Head of Internal Control & Compliance to serve the internal stake holders and management.
Oversee the organization-wide compliance and regulatory activity with strict monitoring
Maintain regulatory affairs and correspondence with Regulators and other govt. bodies like BSEC, DSE, CSE, CDBL and RJSC etc.
Reporting, observation, inspection, and corrective action as per compliance and regulatory guidance
Secure Internal Control across the branches and the organization
Strictly execute the security related rules and regulations across the organization
Preparation of compliance report: Daily activity report, Net Capital-Monthly for DSE & CSE within 3rd day of the next month, Financial Netting- reporting every 5th day of the next month, Branch Report -Monthly-DSE within 5th day of the next month, Yearly and half Yearly Financial report for DSE CSE and SEC, Institutional reporting, Branch Compliance Review-Weekly/Monthly
Follow-up all daily trade activities of authorized representative and staffs
Ensure regularization the laps and irregularities
Keeping Investors records, Books, and documents
Rules & Regulations: SEC Rules and regulations-1987, Stock dealer, Stockbroker & Authorized Representatives-2000, Settlement of Stock Exchange Transactions Regularations-1998, Depository user Regulations-2003
Responsible for Yearly, Monthly & Quarterly Financial reporting
Regularly monitor Branch Compliance activities
Branch office visit for proper execution of Internal Control & Compliance
Clients' complaints, communication handled timely and properly
Maintain Awareness of regulatory changes recurrently among the employees
Maintenance of Customer Register-Rule-12(1)(Ka) SEC, copies (hard and soft) of ledger, register/books of records-Rule13(2) of SEC, register for Securities Transactions
Training and monitoring the employee's compliance performance of their duties.
Supervision all regular and urgent works with consultation of Departmental Head.
Monitoring and Assessment: Quarterly assurance function, Internal & external audit functions and regulatory reviews.
Any other functions assigned by the management and BoD.
Educational Requirements :
Masters/MBA from any discipline (Professional LL.B/LL.M will be an added advantage)
Experience Requirements :
Additional Requirements :
Minimum 8 years of Total experience (minimum 5 years working experience as HoICC)
Good knowledge on regulatory issues, laws, market dynamics and economic trend
Strong communication and inter-personal skills
Natural ability to lead a high skilled dynamic team.
Must be enthusiast toward the capital market
Strong interpersonal and communication skills (oral and writing) to deal with stake holders
Well versed in MS Office suits, advanced computer skills, Internet, and email correspondence
Good team player, well-organized, initiative and detail-oriented
Professional knowledge and skill levels are kept up-to-date in order to meet the needs of the position
Compensation & Other Benefits :
Attractive Compensation for deserving candidate with fringe benefits (e.g., PF, Gratuity, Insurance, and others)
