Compliance Manager

We are hiring a Compliance Manager to lead the Compliance Department in Bangladesh. This is a strategic role with full ownership of compliance functions, including regulatory relations, risk assessment, policy implementation, and internal controls. The ideal candidate will have deep experience in Bangladesh Bank regulations, AML/CFT, and fintech or digital finance compliance operations.

About PalmPay

Key Responsibilities

Regulatory Compliance

• Monitor changes in financial regulations and ensure adherence to all Bangladesh Bank, BFIU, and relevant authority guidelines.
• Interpret regulations and communicate actionable requirements to internal stakeholders.
• Liaise with legal and regulatory affairs teams to handle compliance concerns and provide guidance.

Policy Development and Implementation

• Draft, review, and implement compliance policies and procedures.
• Ensure effective rollout and employee awareness of all compliance protocols.
• Lead organization-wide training programs on compliance expectations.

Risk Assessment

• Conduct regular compliance risk evaluations across departments.
• Recommend control enhancements and lead efforts to mitigate identified risks.
• Collaborate with all departments to align business operations with compliance requirements.

Monitoring and Reporting

• Establish systems for ongoing compliance monitoring.
• Generate detailed compliance reports for management and regulators.
• Ensure internal reporting lines are efficient in flagging potential issues.

Investigations and Remediation

• Investigate compliance breaches or irregularities.
• Design corrective action plans and track resolution progress.
• Work with internal audit to ensure control effectiveness.

Key Competencies

• Strong understanding of local regulations, including labor law, tax compliance, anti-money laundering (AML), data privacy, and business licensing.
• Ability to create actionable compliance frameworks tailored to PalmPay’s operating context in Bangladesh.
• Proactive mindset in identifying hidden risks and proposing practical corrective measures.
• Skilled in cross-departmental communication, with strong influence and execution ability, particularly when working with Business, Legal, HR, Finance, and IT.

Required Qualifications

• Bachelor’s or Master’s degree in Law, Finance, Business Administration, or related discipline.
• At least 7 years of experience in compliance, legal, risk, or regulatory affairs; 3+ years in a leadership role.
• Hands-on experience with Bangladesh Bank policies, AML/CFT guidelines, and financial services compliance.
• Proven success in managing regulatory relationships, audits, and inspections.
• Fluent in English and Bangla, with strong communication and analytical skills.

Preferred Skills

• Certifications in AML/CFT, Risk, or Compliance (e.g., CAMS, ICA, CRMA)
• Background in fintech, digital banking, MFS, or NBFI
• Experience in multinational or cross-border compliance environments
• Knowledge of cybersecurity, data protection, and payment systems compliance

Compensation & Benefits

• Competitive salary
• Festival bonuses and mobile/internet allowance
• High-growth environment with leadership exposure
• Opportunity to lead compliance for a global fintech in a new market.