Chief Anti Money Laundering Compliance Officer, NEO PSP Limited at Banglalink

Dhaka, Dhaka Division, Bangladesh -

Full Time

Start Date

Immediate

Expiry Date

04 Apr, 26

Salary

0.0

Posted On

04 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

AML/CFT Regulations, Risk Assessment, Analytical Skills, Leadership, Communication, Stakeholder Management, KYC, CDD, EDD, Transaction Monitoring, Regulatory Compliance, Training, Ethical Standards, Integrity, Financial Crime, Regulatory Interaction

Industry

Telecommunications

Description

Company Introduction As part of the global VEON Group, we are expanding into the digital financial services market to serve a broader customer base and strengthen our role in Bangladesh’s digital ecosystem. To advance this initiative, we are in the process of obtaining a Payment Service Provider (PSP) license via our newly established subsidiary called - NEO PSP Limited, a next-generation payment solutions company. Operating as a wholly owned subsidiary of Banglalink, one of the country’s leading digital operators, NEO PSP is built on the vision of enabling a cashless and connected future. The company empowers businesses to accept and process payments seamlessly through a secure, efficient, and scalable payment gateway, supporting the growth of digital commerce across Bangladesh. Leveraging Banglalink’s trusted digital ecosystem and technological expertise, NEO PSP aims to simplify financial transactions for enterprises of all sizes — from startups to large corporations. Our platform would support diverse payment methods, ensuring speed, reliability, and transparency in every transaction. At NEO PSP, we are committed to enabling digital financial (FINTECH) inclusion and accelerating Bangladesh’s journey toward a smarter digital economy. With innovation, compliance, security, and customer trust at our core, we strive to become the preferred payment solutions partner for businesses nationwide. Job Description The CAMLCO will be responsible for designing, implementing, and overseeing an effective AML/CFT compliance program in accordance with the Money Laundering Prevention Act (MLPA), the Anti-Terrorism Act (ATA), the Bangladesh Bank AML/CFT Guidelines for PSPs, the BFIU requirements, and applicable Veon group policies. Develop, update, and maintain the organizations’ (NEO PSP) AML/CFT policies, procedures, and internal controls. Establish a risk-based AML/CFT compliance framework aligned with Bangladesh & international best practices, and VEON Group. Ensure compliance with all applicable AML/CFT laws, regulations, circulars, and guidelines issued by Bangladesh Bank and BFIU. Continuously monitor regulatory changes and ensure timely implementation across the organization. Oversee transaction monitoring systems to detect unusual and suspicious activities. Review, approve, and ensure timely submission of Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs) to BFIU. Ensure proper maintenance of AML-related records and documentation. Ensure effective implementation of KYC, CDD, and Enhanced Due Diligence (EDD) procedures. Monitor high-risk customers, PEPs, correspondent banking relationships, and new products/services. Conduct enterprise-wide AML/CFT risk assessments and recommend mitigation measures. Act as the primary point of contact with Bangladesh Bank, BFIU, and other regulatory authorities on AML/CFT matters. Coordinate regulatory inspections, audits, and responses to regulatory queries. Design and conduct AML/CFT training programs for employees, management, the Board and merchants/agents. Promote AML/CFT compliance culture across all levels of the company. Prepare and present periodic AML/CFT compliance reports to senior management and the Board. Advise the Board and Management on AML/CFT risk exposure and compliance status. Academic Qualification Minimum Bachelor’s degree in Finance/ Banking, Accounting, Law, Business Administration, Economics or related field. Master’s degree (MBA, M.Com, MSc, LLM, or equivalent) preferred. Professional certifications on anti-money laundering, such as CAMS, ICA (AML/CFT), CFCS or equivalent will be an added advantage. Job Experience Required 12–15 years of experience in bank/ NBFI/ MFS/ Fintech with at least 5 years in AML/CFT, Compliance, or Financial Crime roles. Prior experience in banks, PSPs, MFS, fintech, or regulated financial institutions preferred. Proven experience dealing with regulators (Bangladesh Bank / BFIU preferred). Required Capabilities & Skills Strong knowledge of AML/CFT regulations and Bangladesh Bank/BFIU/FATF guidelines Risk assessment and analytical skills with experience in AML systems and digital/fintech platforms. High ethical standards and integrity Strong leadership, communication, and stakeholder management (Interpersonal & Networking skills. Worked as Director/Head or equivalent senior position and acted as CAMLCO/Deputy CAMLCO for 3 years.

Responsibilities

The Chief Anti Money Laundering Compliance Officer (CAMLCO) will design, implement, and oversee an effective AML/CFT compliance program. This includes ensuring compliance with relevant laws and regulations, monitoring transactions, and conducting risk assessments.