We are seeking applications for the position of Head Compliance. Interested candidates meeting the following criteria are encouraged to apply online:
Manage a bank wide compliance function, know-your-customer (KYC) and anti-money laundering frameworks in line with applicable laws / regulations.
Identify compliance weaknesses, ensure adherence to the established policies, procedures, and develop controls where lacking.
Coordinate with the State Bank of Pakistan in context of compliance issues and regulations and facilitating SBP inspection team for provision of data, information, documents etc.
Implementation of compliance program which sets out its planned activities, such as the implementation and review of specific policies and procedures, compliance testing at branches.
Advise Management on the applicable laws, rules and standards, besides keeping it updated with developments in the regulatory environment.
Vetting of new products and services, banks policies/ procedures/ product programs from compliance perspective.
Creating awareness in bank staff on compliance through various tools and training sessions on interpretation of Regulations, applicable laws, and internal policies or other compliance matters.
Liaison and collaboration with the Business / Support functions on compliance matters and periodical reporting to State Bank of Pakistan(SBP
Qualification: Masters Degree in business administration or any other discipline relating to banking and finance from an HEC recognized institution.
Experience: Minimum of 10 year banking experience with preferably 3 years at senior level in compliance and internal control functions
ob Location: Presently Bahawalpur to be shifted to Islamabad in near future.