Compliance Manager/ MLRO
GULF Exchange
Total years of experience :16 years, 11 Months
AML/CFT - MLRO Responsibilities:
Implement and maintain AML/CFT systems, policies, and procedures to meet regulatory standards and FATF recommendations.
Utilize ACAMS risk assessment tool for automated risk assessment.
Support Board of Directors with MLRO-related MIS.
Ensure staff education on AML/CFT and compliance.
Provide compliance guidance to Operations and First Line of Defense.
Act as liaison with regulatory authorities.
Oversee KYC/CDD/EDD activities.
Review and act on suspicious transactions.
Ensure adherence to sanctions and FATF recommendations.
Implement AI & Machine Learning for FCC systems.
Close audit issues promptly.
Enhance risk-based approach mechanisms.
Monitor transaction monitoring systems and conduct gap analysis.
Offer compliance advice and support coordination efforts.
Implement E-learning courses for staff training.
Conduct regulatory instruction gap analysis.
Enhance AML systems and oversee implementation.
Deploy E-KYC for mobile transactions.
Communicate compliance risks to Management.
Chair Policy and Development Committee.
Sanctions Compliance Responsibilities:
Establish and maintain effective sanctions compliance program.
Supervise name screening against global lists.
Update internal watch-lists.
Ensure timely action on NCTC feeds.
Develop and implement sanctions investigation process.
Manage WorldCheck Refinitiv solution.
Set, test, and validate sanction screening thresholds.
Subscribe to relevant authorities' RSS feeds.
Block transactions violating sanctions.
Review and approve transactions.
Correspond on ongoing screening.
Serve as escalation point for sanctions advisory.
Develop training materials for staff.
International Expansion Role:
Support international aspirations.
Manage end-to-end licensing.
Facilitate entity incorporation.
Recruit personnel for international efforts.
Ensure compliance with regulatory requirements.
Establish banking relationships.
Act as liaison with external parties
Collaborated with the Doha Bank team Operations Risk Team, providing support to multiple departments including Compliance, Operational Risk, and IT, as part of a third-party contract sponsored by Proztec Company.
Roles and Responsibilities:
Coordinated upgrade efforts for the AML Transaction Monitoring and Sanction Screening system, Netreveal, facilitating communication between IT and Business teams.
Managed access within the AML-Norkom system, aligning roles with Operational Risk Team-approved access rights policies.
Designed roles in the AML-Norkom System according to business requirements.
Assisted auditors during Transaction Monitoring system audits, providing necessary reports for review.
Administered the SailPoint Identity and Access Management System, including report generation and Access Review Certifications.
Supported Doha Bank branches in the UAE and Kuwait with Access Management and risk mitigation across systems.
Conducted regular audits of user lists in supported systems, ensuring proper access privileges.
Provided after-hours business support to minimize interruptions, communicating system downtime effectively.
Offered weekly updates to the Head User Access Control and supported the Business Continuity team as required.
Assisted in system implementations, enhancements, and upgrades with a focus on compliance and risk management.
Developed Standard Operating Procedures and Manuals for supported systems to ensure consistency.
Collaborated with system owners to implement necessary changes for compliance and risk mitigation.
Managed Exchange and Active Directory functions, emphasizing compliance and risk management.
I served as the Regional Compliance Officer for the Gwadar Region at the National Bank of Pakistan, with direct reporting to the Regional Compliance Head, who in turn reported directly to the Chief Compliance Officer at the Head Office.
Roles and Responsibilities:
Ensuring that Branches in the region are compliance and AML/CFT Policies procedures.
First level advisory for all sanctions hits in branches, specially during account opening stage.
Manual reviews transactions individual customers as well as business customers and match with history of account through account statement of account holder to review and any mismatch.
To evaluate and review the replies/supporting documents submitted by Branches/Business.
To conduct Anti Money Laundering (AML) inquiries/investigations on accounts of respective Branches and to convey findings of AML inquiries/investigations to the Team Leader/Unit Head-AML Monitoring for further guidance/decision making.
To investigate any possible unethical behavior of accounts and raise queries with branches to analyze out of pattern transactions. To follow up with respective branches for timely submission of response.
Pre-Account Opening due diligence of High Risk accounts in relation to AML/CFT Regulations and Banks Internal AML Policies.
Maintenance of due diligence record of Top 100 Depositors of each branch for over 26 branches in region.
Offsite training and guidance to branches regarding AML/CFT Regulations and issues.
Responding to inquires received from Head Office specially regarding CTR Filing high volume transactions.
Conducting branch inspections to ensure compliance with due diligence requirements, assess data quality of customer information, and adhere to all regulatory instructions.
Reporting and findings all deviations immediately to reporting manager for immediate actions.
I held the position of First Line of Defense at Allied Bank of Pakistan, where I was responsible for updating KYC information for numerous accounts. Additionally, I was actively involved as part of a team in implementing compliance department requirements.
Roles and Responsibilities:
Managed customer consumer and business credit card accounts while delivering service for late payments, address change, name change, bill accuracy, ACH/Payment Processing, and solutions.
Account Opening with proper scanning of documents as per CDD/KYC of SBP & ABL policies.
Ensuring balancing of internal accounts being in-charge of Cash and Remittance Department.
Ensure that ATM is properly functioning with 24/7 time.
Project Lead for updating AML/KYC forms of multiple branches within the city.
Identify potential customers and manage their database with emphasis on relationship building.
Inward/Outward Clearing
Overall cash supervision and customer dealing.
Monitoring all inward and outward remittances.
Ensuring efficient answers to all customer queries.
Coordinate with superiors regarding targets.
Finance and Research