Compliance Head
Habib Bank Ltd
Total years of experience :4 years, 4 Months
• Identify, assess, advise, monitor and report on the bank’s compliance risk to Board and senior management i.e. risk of legal or regulatory sanctions, financial loss, or loss to reputation a bank may suffer as a result of its failure to comply with all applicable laws, regulations, codes of conduct and standards of good practice.
• Leading the team of Compliance Officers for managing Compliance function in the Region.
• Ensuring the implementation & compliance of Regulatory, legal and Bank’s internal policy framework in HBL UAE, Oman & Bahrain.
• Establishing written guidance to staff on the appropriate implementation of the laws, rules and standards through policies and procedures and other documents such as compliance manuals, internal codes of conduct and practice guidelines.
• Assessing the appropriateness of internal procedures and guidelines, promptly following up any identified deficiencies in the policies and procedures and, where necessary, formulating proposals for amendments.
• Liaising with relevant external bodies, including regulators, standard setters and external legal counsel.
• Coordinate with Central Bank with regard to Regulatory Examination and day to day matters.
• Customer Due diligence of new and old customers of the Bank.
• Educating staff with respect to compliance with the applicable laws, rules and standards, and acting as a contact point within the bank for compliance queries from staff members.
• Holding regular training programs for staff to create awareness and enable them learn the techniques of Customer Due Diligence (CDD) and Enhanced Due Diligence according customers risk profile.
• Managing AML/ CFT Compliance program in the Bank and ensuring that regulatory and legal requirements of respective country are met.
• Reporting unusual activities in banking transactions to Central Bank and Law enforcement authorities.
• To assist the bank management in preparing Banks policies & Procedure manuals, Product programs, new initiatives.
• Vetting and review of Bank circulars, SOPs and PPs.
• Prior approval of banking transaction in the backdrop US, UN & EU sanctions.
• Accounts monitoring and prior review of newly opened accounts and ongoing behavior of accounts.
• Transaction monitoring (Cash, Inward/ outward remittances)
• Handling of alerts generated by TMS (Transaction Monitoring System) and investigate according SOPs & CMS (Case Management System)
1973 Education Punjab University Lahore. Master Degree • DAIBP and numerous Management and Banking courses in Pakistan and abroad Computer skill MS word, Excel, Power point, Internet, Emailing.
