Senior Compliance Officer
Meezan Bank
Total des années d'expérience :9 years, 4 Mois
• Led and supervised a dedicated team of three to five professionals, ensuring seamless collaboration and productivity.
• Submitted reports to the State Bank of Pakistan (SBP) on Money Laundering/Terrorist Financing (ML/TF) on a quarterly/annual basis.
• Monitored and controlled the daily reporting of Currency Transaction Reports (CTRs) to the Financial Monitoring Unit (FMU).
• Conducted ad-hoc investigations, remediation, complex analysis and classification of transaction surveillance, in line with the company’s risk methodology.
• Analyzed clients account activity to detect patterns unique to money laundering, terrorist financing, drug/human trafficking etc.
• Collected and reviewed AML documents in accordance with current KYC Policies and provided rationales when client risks were identified.
• Critically analyzed information provided by clients and making good judgement while taking necessary actions in line with policies and procedures
• Demonstrated an excellent work relationship with my teammates, line manager and other teams.
• Filed Suspicious Transaction Reports (STRs) to regulatory bodies when money laundering or terrorist financing is identified.
• Identifying, understanding, and escalating new and emerging patterns of fraud, both external and internal.
• Developed various automated MISs to assist different Compliance teams to extract the results on one click basis by utilizing Power Query.
• Provided advisory services regarding obtaining senior management’s approval for the opening of Politically Exposed Persons (PEP), NGO/NPO, Trust etc. accounts in compliance with AML regulations.
• Ensure periodic review of customer’s profile. Conduct exercises including escalation to 80 areas, correspondence, and follow-ups and highlight the discrepancies multiple times to mitigate the risk of irrelevant information.
• Assist Line Manager in development of International Risk Assessment Report and also gathered data from different departments required in accuracy of report.
• Complete Extraction of customer, transaction, and all related data utilizing different available software and applications.
• Compiled and submitted reports on multiple tasks and unit progress to the senior management of the Bank.
• Coordinated with various departments within the Bank to gather information related to different queries.
• Thoroughly scrutinize account opening forms and associated documents to ensure compliance with regulatory standards and internal policies.
• Verify the accuracy and completeness of customer information, ensuring all required documentation is provided.
• Reviewing all kinds of Account Opening Forms such as Individuals, Sole Proprietorship, Partnerships, Public/Private Ltd, NGOs, Societies, Trusts, Govt. Entities etc.
• Implement and enforce KYC procedures, conducting due diligence on customer profiles to identify and mitigate potential risks.
• Stay updated on regulatory changes and ensure compliance with evolving KYC requirements.
• Authorize account openings based on established criteria and compliance guidelines.
• Review and validate the authenticity of customer information to prevent fraudulent activities.
• Communication with branch through email & telephonic regarding accounts error and discrepancies clarification.
• Collaborate with branches and regional offices to address queries and provide guidance on compliance-related matters.
• Conduct training sessions and disseminate information to ensure consistent understanding and implementation of compliance procedures.
• Follow-ups with branches regarding deferrals of regulatory documents like identification and registration documents etc.
• Maintain accurate and organized records of account opening forms, authorization decisions, and related correspondence.
MBA - Finance & Investment University of Karachi, Pakistan Year of Graduation: 2024
Bachelor of Commerce Shah Abdul Latif University Khairpur, Pakistan Year of Graduation: 2014