Organization: Khushhali Microfinance Bank Limited

Khushhali Microfinance Bank Limited is looking for Senior Officer CFT

Email your resumes at: Careers@kb.com.pk mention position title in subject.

Please note it’s a full time position based at our Corporate Office – Gulberg Green, Islamabad.

Who are we looking for?

• Preferably Master Degree in Business administration /Finance/ Economics/ Commerce from an HEC recognized/overseas institution.
• Minimum 2-3 years’ experience in a financial environment. Exposure to Banking Operations, experience and knowledge of AML/CFT regulations, AML/CFT Act and best practices will be an added advantage.

Key Responsibilities:

• Investigate, review and resolve sanction screening alerts generated through FCM bulk scanning process or received through any other sources as per Bank’s procedures and guidelines issued by Govt. of Pakistan to ensure compliance of UNSC Sanction Regime
• In case of true match found during investigation, ensure timely freezing & accurate submission of STRs to FMU on goAML as per SBP’s regulations and KYC/AML/CFT Procedural Manual of the Bank.
• Upon true match, identify linkages or associates of Proscribed / designated customer using inquiries, reports, and databases developed in system.
• Assist in the implementation of UNSC Sanction Regime under the guidance issued by Government to Pakistan.
• Assist in watch list management activity for sanction’s screening through FCM application.
  Assist in PEP List management for screening through FCM.
• Working on CNICs cancelled by NADRA/SBP for updating in restricted/negative lists of banks. Identification of matched customers and process for debit block on such accounts.
• Working on CNICs of Deceased persons shared by NADRA/SBP for decease marking through COU.
• Ensure the proper records is maintained for CNICs canceled by NADRA/SBP and CNICs cleared by NADRA/SBP.
  Ensure periodic analysis over data uploaded on NACTA website and updation of Bank’s maintained Negative List.
• Screen the identification information of Bank’s employees, vendors/supplier and shareholders at the time of onboarding and on quarterly basis as per Bank’s procedure and Guidelines of Govt. of Pakistan under UNSC Sanction Regime.
• Ensure proper record keeping of information screened along-with screening results as per bank’s policy and procedures

Skills:

• Good knowledge of all the aspects of customer due diligence and anti-money laundering and combating the financing of terrorism, from the basic to the advanced level.
• Have a strong understanding of the different types of customers, identify early warning signals, gain information about Terrorist financing, recognize Prudential Regulations, categories suspicious activities and finally understand transaction monitoring.
• Should possess excellent writing and communication skills.
• Well organized with good analytical and teamwork skills.