National Bank of Pakistan — Career Opportunities

Job details

The Nation’s Bank”, National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank. In line with our strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the following positions in the area of Compliance based at Karachi. The individuals who fulfill the below basic-eligibility criteria may apply for the following positions: 01 Position / Job Title: Wing Head - FI, TBML Advisory & Monitoring (VP) Reporting to: Divisional Head - AML / CFT Division Educational / Professional Qualification: - Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC of Pakistan - Candidates having Master’s degree or any other professional certification(s) will be preferred Experience: - Minimum 10 years of banking experience in compliance and / or controls, out of which 03 years in a managerial role in AML / CFT or Sanction Screening or TBML / Trade Operations Other Skills / Expertise / Knowledge Required: - Excellent communication, interpersonal and analytics skills - Excellent in MS office and BI tools - Good understanding of banking operations / SBP regulations and banking laws - Effective team players - Good reporting and presentation skills - Ability to prioritize and accomplish task with strict deadline Outline of Main Duties / Responsibilities: - To lead, mentor, and evaluate compliance professionals of the Wing, ensuring continuous development and performance excellence - To develop and maintain the Bank’s Correspondent Banking and TBML frameworks to ensure alignment with regulatory requirements and industry best practices - To provide compliance advisories to trade operations and business team on high risk / complex trade transactions from TBML / TF perspective - To oversee the monitoring and post review of trade transactions to detect suspicious activities / transactions and ensure timely STR filing to FMU - To supervise CDD / EDD reviews for on-boarding / continuing relations with Financial Institutions (i.e. Correspondent Banks, Tie-ups, Exchange Companies, etc.) - To conduct thematic reviews and typology analysis to identify emerging TBML risks and implement effective mitigation measures - To provide expert guidance to Business and Trade Operations on high-risk trade transactions and regulatory requirements - To perform periodic gap analysis and assessments of system controls to strengthen the trade-related AML environment - To oversee the calibration and testing of automated trade monitoring scenarios and sanction screening system to improve detection accuracy - To collaborate with IT, Operations, and vendors to implement and enhance system controls for TBML / TF detection - To design and present dashboards and MIS on risk indicators and monitoring outcomes for senior management - To oversee the periodic regulatory reporting FATCA, CRS, SBP reporting related to PEP, Inherent risks, AML / CFT risk - To supervise the coordination for the information arrangement related to AML / CFT Division for Internal audit / External audits, SBP inspections and internal review exercises - To ensure that AML / CFT Policy, AML / CFT manual & IRAR documents are updated and maintained as per the regulatory guidelines - To design training programs to enhance staff awareness on TBML red flags and institutional risk protocols - To perform any other assignment as assigned by the supervisor(s) 02 Position / Job Title: Manager - International Compliance (OG-I) Reporting to: Unit Head - International Compliance Educational / Professional Qualification: - Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC of Pakistan - Candidates having Master’s degree and / or any other relevant professional certification(s) will be preferred Experience: - Minimum 04 years of banking experience in Regulatory Compliance and / or SBP Coordination and / or Internal Control and / or Audit Other Skills / Expertise / Knowledge Required: - Excellent communication and interpersonal skills and analytical skills - Excellent in MS Office and BI tools - Good understanding of banking operations / SBP regulations and banking laws - Ability to prioritize and accomplish tasks with strict deadline - Team Player, goal oriented & result driven Outline of Main Duties / Responsibilities: - To work with overseas branches to develop corrective action plans for resolution of regulatory issues and establishment of sustainable controls and ensure timely implementation. Review, track and escalate timeline breaches - To conduct offsite reviews of overseas branches, including process reviews of different compliance areas and follow-up for resolution of gaps in a timely manner - To review regulatory updates (regulations, circulars, etc.) issued by the overseas regulators, follow-up on the implementation status of the action plan to monitor compliance - To coordinate with overseas branches on compliance systems implementation - To review of agendas, minutes and trackers of the Branch Compliance Committee of Management meetings. Highlight significant compliance issue; track deadlines and ensure necessary escalation - To review compliance-related policies, procedures, manuals, frameworks, etc. of overseas branches coverage, conflict and completeness. Follow-up, track and maintain detailed MIS of all documents in line with SBP framework and related HO policies - To review all regulatory inspection and external reports of overseas branches; follow-up on action plan; progress, and resolution status. Maintain MIS / inventory of observations. Escalate all timeline lapses and significant gaps - To liaison with Country Compliance Officers on all matters under their purview through regular phone / email follow-ups, co-calls, and online meetings. Maintain a close working relationship with the CCOs - To perform any other assignment as assigned by the supervisor(s) Assessment test/ Interview(s): Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteria will be invited for test and / or panel interview(s). Employment Type: The employment will be on contractual basis for three years which may be renewed on discretion of the Management. Selected candidates will be offered compensation package and other benefits as per Bank’s Policy / rules. Interested candidates may visit the website www.sidathyder.com.pk/careers and apply online within 10 working days from the date of publication of this advertisement as per given instructions. Applications received after due date will not be considered in any case. No TA / DA will be admissible for test / interview. National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.