Department: Compliance 

Location: Corporate Office, Islamabad

Objective:

You will be responsbile for ensuring implementation of relevant laws and regulations and managing compliance risk in accordance with SBP guidelines on Compliance Risk Management.

What You Will Do:

1.   Regulatory Compliance

• Ensure that bank’s operations are in compliance with prudential regulations, provisions of existing laws and regulations, bank’s own policies and procedures and industry best practices.


• Stay updated with the changes occurred in the regulatory framework and assessing the impact of changes on the bank.


• Establish and maintain relationship with regulatory authorities, manage regulatory inspections and ensure that accurate data/returns are submitted to regulator and other agencies.

2.   Compliance Risk Management

• Assess the effectiveness of the compliance program and continuously improve it through establishing, monitoring and reviewing methods and feedback mechanism for the bank through compliance monitoring reviews.


• Ensure that all staff and management are clearly motivated and trained and that they are driven towards strengthening the compliance framework of the Bank.


• Supervise implementation of compliance plan and regularly report on compliance with the laws and regulations to the Board or its designated committee.


• Serve as a contact point between President and senior management with regard to the functioning of compliance program and compliance development.


• Provide assistance in the area to branches and other departments of the bank, and act as liaison with SBP concerning the issues related to compliance.


• Monitor and report breaches and weakness to President and other related departments through Compliance Committee of Management and recommend remedial actions.


• Assist the President and perform other functions relating to compliance that may be assigned.

3.   AML/CFT/CDD Compliance

• Ensuring implementation and compliance of relevant laws and regulations with respect to AML/CFT/CPF/CDD.


•  Ensuring implementation of REGTECHS for monitoring and mitigation of ML/TF risks.


• Ensuring outreach and capacity building of compliance staff with respect to AML/CFT regulations.


• Monitor and report suspicious transactions to the President of the bank and Financial Monitoring Unit-SBP.


• Assessment of ML/TF/PF risks of the bank and development of necessary mitigating controls. 

What You Need:

• Minimum 10 years of progressively responsible experience of audit / compliance in an audit firm commercial banks/sizeable domestic or multinational financial service organization.


• Master’s in Business Administration, Economics or Finance. Preference will be given to candidates who have addition qualification of ACCA / ACMA or CA Qualified.


• ACAMS / CISA / CISM / CIA certifications will be an added advantage.

Please note we are an equal opportunity employer and value talent diversity at our Bank. We do not discriminate on the basis of age, color, gender, marital status, race, religion, or disability status. Therefore, all qualified candidates are welcomed and encouraged to apply on our positions.