Telenor Microfinance Bank Limited Jobs Head of Anti Financial Crimes (MLRO)

 

The incumbent is responsible to design, develop, implement and maintain strategies, programs and plans, to manage the Bank’s exposure to the risks of Money laundering, Terrorist Financing and Proliferation of weapons of mass destruction emanating from the threats and vulnerabilities posed by the business environment the Bank has been operating in, and also ensure Bank’s compliance with related Laws, Rules & Regulations through execution of AFC Compliance Program.

Telenor Microfinance Bank Limited Jobs Head of Anti Financial Crimes (MLRO)

Organization: Telenor Microfinance Bank Limited

Position: Head of Anti Financial Crimes (MLRO)

Location: Karāchi, Sindh, Pakistan

Required Qualification, Education/Certification & Experience:

• ACA, ACCA, master’s degree in business/ Commerce/ Finance + Professional Certification/Diploma in Compliance, AML, AFC, Internal Controls/Frauds
• 10 to 12 years of relevant experience
• Stakeholder Management
• Knowledge AFC management and AML related LRRs
• Compliance & Regulations
• Financial and Risk Analysis
• Financial Crimes investigation

Role & Responsibilities:

• Manage the Anti Financial Crimes Department within Compliance Function to supervise and undertake activities related to CDD/ KYC, AML & CFT monitoring & Sanctions Compliance to manage the Bank’s ML/TF risks and ensure compliance of related Laws, Rules and Regulations,
• Design, develop, execute, monitor & maintain strategies, programs and plans, to manage the Bank’s exposure to the risks of Money laundering, Terrorist Financing and Proliferation of weapons of mass destruction emanating from the threats and vulnerabilities posed by the business environment the Bank operate in,
• Ensure preparation and implementation of Second Line of Defense Policies, procedures, systems and tools related to KYC, Customer Due Diligence, Enhanced Due Diligence, Transaction Monitoring, Sanctions Compliance and regulatory reporting related to STRs and CTRs,
• Design & conduct Bank-wide periodic ML/ TF risk assessment in the light of National Risk Assessment and other studies performed by the government authorities, and evaluate Bank’s controls to mitigate the identified inherent risks,
• Support & advise the First Line of Defense functions/ Business Units in development, execution and monitoring of first line policies, procedures and controls pertaining to AML/ CFT areas,
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• Prepare, implement and monitor the Bank-wise AFC Training Program for awareness creation and skill development of First and Second Line of Defense functions’ staff to mitigate the ML/TF risks,
• Assist Chief Compliance Officer in identifying the areas requiring special attention, including regulatory requirements, sensitive nature or importance and provide expert advice to staff on areas of emphasis and importance.
• Collaborate with and support the business teams in development and review of Bank’s Products and Services to advise on management of ML/TF risks and required mitigating controls,
• Keep liaison with external stakeholders including SBP, FMU and various LEAs to fulfill the Bank’s legal and regulatory obligations pertaining to KYC and AML/ CFT areas,
• Ensure correct & timely reporting of regulatory returns pertaining to the Department and fulfill the RFIs of regulators, various government authorities and LEAs related to customer information in line with legal and regulatory frameworks,
• Ensure preparation of performance reports on ML/TF risk management and related MIS and present it to various governance forums of the Bank,
• Supervise the activities mandated by the regulator under the domain of CFT Desk as well as other specific areas,
• Carry out any other tasks assigned by Chief Compliance Officer, Bank’s Senior Management or any governance forums of the Bank.
• Incumbent shall be responsible to adhere by Telenor Microfinance Bank Behaviours & Values in all aspects of his/her work conduct.
• Ensure that a culture of risk and compliance management is implemented, and institute performance measures tied to individual risk and compliance responsibilities.

“Telenor Microfinance Bank / Easypaisa is an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, gender, sexual orientation, gender identity, age, status as an individual with a disability, or other applicable legally protected characteristics"

Please note that only shortlisted candidates will be called in for an interview.

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