Manager, Compliance Assurance

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Contribute to the establishment of an effective Assurance framework within the Compliance department.

• Provide assurance to Compliance Senior Management regarding the effectiveness of the Compliance Program.

• Collaborate with various Compliance verticals to ensure that internal controls are functioning effectively.

• Oversee significant compliance risks and ensure adherence to regulations, standards, and procedures.

• Proactively escalate critical issues within Compliance and/or the business in a timely manner.

• Assist in the development and implementation of an independent Quality Assurance framework across the Compliance Function, including in international locations.

• Carry out periodic monitoring and testing reviews to ensure that internal procedures and policies remain compliant.

• Conduct independent validation of Compliance Systems, including Screening, Payment, and Transaction Monitoring systems.

• Monitor the implementation of recommendations and regularization of exceptions identified during periodic assessments.

• Share insights and best practices.

• Provide guidance to other compliance units in finalizing relevant procedures.

• Assist Head Office Compliance with the annual review and updates of AML/KYC, Sanctions, and ABC Policies.

• Foster a positive compliance culture and monitor adherence to planned training.

• Collaborate with ECFs to integrate assessment and regulatory-update learnings into training materials.

• Support the Unit Manager and Group Head of Compliance with strategic initiatives.

• Represent Compliance in projects as directed by the Unit Manager or Head of Compliance.

⛳️ Requirements

• Bachelor’s degree with over 10 years of banking experience, including a minimum of 5 years in Financial Crime, specifically in Sanctions Compliance.

• Strong knowledge and understanding of local AML/CFT regulations and international best practices/requirements.

• Excellent and up-to-date knowledge of International/OFAC/EU/UN Sanctions.

• Technical expertise in screening filters utilized for customer screening, payments filtering, and Transaction Monitoring Systems.

• ACAMS Certified or hold another recognized certification.

• Organizational awareness, including a working knowledge of risks, products, processes, and controls.

• Proficient in computer usage, with good knowledge of MS Excel and Compliance systems/applications.

• Strong command of both spoken and written English.

• Good presentation abilities.

• Familiarity with banking laws and practices, as well as bank policies, procedures, and systems.

• Knowledge of multi-jurisdictional regulations.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health and wellness programs.

• Opportunities for professional development and career advancement.

• Flexible working arrangements.