Whom we are looking for

Experience Requirements

One of the largest banks of the country is inviting applications against the following position from professionals with proven track record and capacity to perform as a catalyst for transformation in a challenging environment in the area of COMPLIANCE. The individuals who fulfill the below-mentioned basic eligibility criteria may apply for the following position: CHIEF COMPLIANCE OFFICER (SEVP) Reporting to the President
Basic Eligibility Criteria:- Academic / Professional Qualification:• Minimum Bachelor's degree from HEC recognized University / Institute or equivalent. • Having Master's Degree and/or additional relevant professional qualification or certifications in the field of Compliance from renowned institutions shall be an added advantage. Experience: • Overall 20 years of experience in the financial sector which may include big four accounting firms, out of which at least 5 years in a Senior Management role in Compliance, Risk or Audit functions of multinational or local bank(s). Outline of Main Duties/ Responsibilities: • To provide leadership & guidance to all direct reports and assist top management on matters of regulatory compliance. • To establish and maintain compliance culture within the Bank. • To ensure that AML/KYC/CDD/EDD/CFT policies are in place & appropriate Internal Control is being put in place to effect compliance. • To ensure appropriate compliance reviews to verify compliance with applicable laws, regulations and Bank's policies. • To serve as a contact point between President and Senior Management with regards to functioning of the Compliance Program. • To act as a liaison with SBP concerning issues related to Compliance issues. • To develop, administer and monitor a program that ensures the Bank's compliance with all applicable laws, regulations and rules governing operations and product offerings. • To serve as an in-house expert to provide compliance advice and guidance to all Bank staff, addressing any compliance questions. Working with the concerned office(s) on development of new products and/or delivery systems or modifying existing ones. • To report compliance exceptions to the President/Board Committees and respective Groups and ensure corrective actions are taken or implemented promptly to resolve matters. • To serve as Bank's representative to the Regulators with respect to Bank compliance, including the management of all regulatory compliance examinations. • To design enterprise-wide compliance risk management frameworks and develop written compliance program / policy document consistent with management objectives and regulatory compliance. • To arrange trainings and create awareness of applicable I revised laws, regulations and corporate policies within the Bank to ensure that they are promptly communicated and followed. • To facilitate learning through trainings in co-ordination with Learning & Management Division (HR Management Group) or Internal Job Rotations and interactive sessions amongst employees. • To ensure compliance of Banking laws, Regulations, Bank's instructions and procedure, maintenance of files and other records, rectification of Audit irregularities and their non-recurrence. • To serve on various planning and policy making committees Assessment Tests / Interviews: Only shortlisted applicants strictly meeting the above-mentioned basic eligibility criteria will be invited for test and for panel interviews. 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. Place of Posting: Karachi
Interested candidates may visit website and apply on-line by 07-07-2020 as per given instructions. The candidates should clearly mention their Name, Father's Name, Date of Birth, CNIC Number, Qualifications with percentage / CGPA / Division, Place of Domicile and complete Current Mailing / Residential Address with Telephone Numbers PTCL / Mobile in their Resume / Application.
Applications received after due date will not be considered in any case. No TA/DA will be admissible for test /
(We are an equal opportunity employer) Women are encouraged to apply.
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