Manager - Regulatory Relationships & Compliance
Dhaka, Dhaka, Bangladesh
Full Time
Mid Level
PalmPay is a pan-African fintech company currently operating in Nigeria, Ghana, Kenya, Uganda, and Tanzania and expanding to other markets this year. We’re reinventing the payment experience by making it easy and reliable for everyone to transfer money, pay bills, and shop online.
We are seeking a proactive Compliance & Regulatory Affairs professional to manage relationships with Bangladesh Bank, MRA, and other regulators while ensuring full compliance. The role involves overseeing licensing, reporting, and policy implementation to meet regulatory requirements. You will monitor regulatory changes, conduct internal audits, and facilitate inspections to maintain compliance standards. Strong regulatory knowledge and excellent stakeholder management skills are essential.
Key Responsibilities:
We are seeking a proactive Compliance & Regulatory Affairs professional to manage relationships with Bangladesh Bank, MRA, and other regulators while ensuring full compliance. The role involves overseeing licensing, reporting, and policy implementation to meet regulatory requirements. You will monitor regulatory changes, conduct internal audits, and facilitate inspections to maintain compliance standards. Strong regulatory knowledge and excellent stakeholder management skills are essential.
Key Responsibilities:
- Establish and maintain strong relationships with regulatory authorities, including Bangladesh Bank and the Microcredit Regulatory Authority (MRA), ensuring compliance with all applicable laws and guidelines.
- Oversee regulatory documentation, licensing, and reporting processes, ensuring accuracy and timely submission in accordance with regulatory requirements.
- Monitor and interpret regulatory changes, assess their impact on the organization, and implement necessary compliance measures.
- Develop and implement internal compliance policies, procedures, and controls to mitigate regulatory risks.
- Conduct periodic internal reviews and audits to assess compliance effectiveness and recommend necessary improvements.
- Facilitate regulatory inspections, audits, and correspondences, ensuring a smooth and transparent process.
- Conduct regular visits to regulatory bodies and maintain proactive communication to address compliance-related concerns.
- Proven experience working with licensed Payment Service Providers (PSPs), Payment System Operators (PSOs), or Banks is a must.
- Minimum of 5 years of experience in the Fintech or Banking sector, with expertise in regulatory compliance, reporting, and risk management.
- Gulshan 1
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