Officer (Compliance)

Officer (Compliance) – MCB Bank Limited

Job Overview

MCB Bank Limited is inviting applications from qualified and detail-oriented candidates for the position of Officer – Compliance in Colombo, Sri Lanka. The successful candidate will support regulatory compliance activities, monitor adherence to internal policies, conduct compliance reviews, and assist in managing compliance risks to ensure the bank meets applicable regulatory requirements.

Position Details

• Job Title: Officer – Compliance
• Company Name: MCB Bank Limited
• Job Location: Colombo District, Sri Lanka
• Employment Type: Full-Time
• Industry: Banking and Financial Services
• Job Category: Compliance / Risk Management
• Age Limit: Below 30 years, subject to the bank’s recruitment criteria
• Salary: Attractive remuneration package based on qualifications and experience
• Application Deadline: Within 14 days of the advertisement

Company Overview

MCB Bank Limited was established in 1947 and is one of the major banking institutions in Pakistan, with an extensive branch network and selected international operations. MCB Bank’s Sri Lankan operations seek dynamic and career-oriented professionals who can contribute to effective regulatory compliance and sound banking practices.

Qualifications & Experience

Applicants should meet the following requirements:

• Bachelor’s degree in a relevant discipline or a recognised professional qualification such as ACA, ACCA, or CIMA.
• Full or partial professional qualification or certification in Compliance, Banking, AML/CFT, or a related field.
• Strong analytical and problem-solving skills with good attention to detail.
• Ability to handle confidential and sensitive information appropriately.
• Experience in branch operations, internal audit, or branch audit will be an added advantage.
• Good written and verbal communication skills.
• Ability to coordinate effectively with different stakeholders.
• Must be below 30 years of age, subject to the bank’s applicable recruitment criteria.

Key Responsibilities

• Keep up to date with applicable local regulatory requirements, Head Office requirements, and relevant regulatory developments.
• Support business units and departments in understanding and complying with regulatory requirements, internal policies, and procedures.
• Monitor the implementation of new and existing regulatory requirements and maintain relevant trackers and status updates.
• Conduct periodic compliance desk reviews and monitoring activities covering the bank’s operations and processes.
• Assist with Compliance Risk Reviews and follow up on identified gaps and agreed corrective actions.
• Review policies, manuals, procedures, processes, and other relevant documents from a compliance perspective.
• Assist in preparing and submitting regulatory and Head Office reports, returns, and other required information.
• Coordinate responses to regulatory and Head Office questionnaires, surveys, and information requests in consultation with relevant stakeholders.
• Assist in preparing compliance training and awareness materials and coordinating staff training programmes.
• Help maintain and update the Compliance Risk Management System (CRMS) and related compliance records.
• Maintain records, trackers, and supporting documentation relating to regulatory requirements, compliance reviews, and follow-up actions.
• Support other regulatory compliance and compliance monitoring activities as required.

Required Skills

• Regulatory compliance and monitoring.
• Knowledge of banking policies and procedures.
• Understanding of AML/CFT requirements.
• Compliance risk assessment and reporting.
• Analytical thinking and problem-solving.
• Strong written and verbal communication.
• Attention to detail and record management.
• Confidentiality and professional integrity.
• Ability to coordinate with internal teams and external stakeholders.

Salary & Benefits

The successful candidate will receive an attractive remuneration package commensurate with their qualifications and experience.

The advertisement does not specify an exact salary amount or additional benefits.

How to Apply

Interested and qualified applicants should submit their updated resume, including the details of two non-related referees, within 14 days of the advertisement.

Application Email: careers@mcb.com.lk

Email Subject: Officer – Compliance

Postal Address:

Department Head – Human Resources
MCB Bank Limited
No. 8, Leyden Bastian Road
Colombo 01, Sri Lanka

Applicants should clearly mention the position applied for in the email subject line or at the top-left corner of the envelope.

Important Notes

• Applicants should meet the stated educational and professional qualification requirements.
• Applicants must be below 30 years of age, subject to the bank’s recruitment criteria.
• Experience in branch operations, internal audit, or branch audit is an added advantage.
• Applications must be submitted within 14 days of the advertisement.
• Applicants should use only one method of application delivery.
• Only candidates who meet the required criteria should apply.
• Only shortlisted candidates will be notified.