AML In-charge-Karachi

First  Women Bank Limited, Karachi                                              Qualification:                                               

• Minimum Graduate Preferably Masters

Experience:

• 5-6 years of branch banking experience, preferably having relevant compliance experience of 03 years and more.
• Sound knowledge of banking operations and Prudential Regulations/ Regulatory requirements.          

Jobs Description:

• Maintain robust systems and procedures to carry out AML & CFT related responsibilities as stipulated in relevant SBP instructions as issued from time to time.  
• Monitor and identify any lapses in due diligence process whiling on-boarding customer.
• Monitor and supervise AML analyst activities in order to ensure timely closure of alerts· and review these alerts in the light of provided justification and mentioned own assessment.  
• Establish proper mechanism· & ensure prompt reporting of suspicious transactions & Currency Transaction (CTR) to Director General, Financial Monitoring unit (FMU), Karachi on GoAML.  
• Highlight changes required in the light of regulatory instructions relating to Anti-Money· Laundering, CDD/KYC and suspicious transactions.  
• Regularly monitor MIS reports and identify any gaps therein and share the same with· respective department/unit for compliance.
• Review all suspicious transactions (upheld transaction) reported by Branch Cos, AML· analysts and determine whether suspicious warrant onward reporting to Director General, Financial Monitoring Unit, Karachi.
• Ensure that periodic reports are forwarded to Head Compliance· & CCM  Review the profile of high-risk accounts and high cash intense accounts in order to· highlight any suspicion in customer’s profile.  
• Supervise the review and approval of PEP and other High-risk relationship at the time of· on-boarding/periodic review/reactivation.