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Sidat Hyder Morshed Associates Pvt Limited Jobs Detail

One of the largest and most prestigious commercial banks having a vast nationwide network of branches is looking for dynamic and challenge-oriented professionals with proven record of accomplishments in the area of Compliance. The individuals who fulfill the below basic-eligibility criteria may apply for the following positions:

01 Position / Job Title Wing Head — SBP Coordination
  Reporting to Divisional Head — Regulatory Compliance & SBP Coordination
Educational/ Professional Qualification
  • Minimum Bachelor's degree from reputable HEC recognized University / Institute.
  • Candidate having Master's degree and / or any other professional certificate will be preferred.
Experience
  • Minimum 10 years of banking experience out of which 03 years in compliance or control function.
Outline of Main Duties / Responsibilities
  • To effectively coordinate with SBP and all Groups within the Bank for timely provision of
    data / information, maintain adequate governance and oversight over the process.
  • To manage the coordination team in order to play the role of contact point for all SBP
    departments for collection, queries and timely submission of data / information.
  • To maintain and collate relevant MIS related to penalties as well as receipts, submission and delay in provision of data / information.
  • To appraise governance committees of the Bank about delays in disseminating the information.
  • Any other assignment entrusted by Divisional Head / CCO from time to time.
02 Position / Job Title Unit Head - CFT Desk
  Reporting to Wing Head - CFT Compliance & Sanction
Educational/ Professional Qualification
  • Minimum Bachelor's degree from reputable HEC recognized University / Institute.
  • Candidate having Master's degree and / or any other professional certificate will be preferred.
Experience
  • Minimum 05 years of banking experience out of which 03 years in Sanction and / or CFT compliance.
Other Skills/ Expertise/
Knowledge Required
  • Strong interpersonal and communication skills.
  • Strong MS office skills.
Outline of Main Duties / Responsibilities
  • To ensure compliance with the SBP guidelines related to CFT.
  • To assist Wing Head - CFT Compliance & Sanctions Wing in preparation of procedures and SOPs related with CFT.
  • To comply with the SROs received from SBP on UNSC sanctions, instructions received from NACTA, FIA, CTD on freezing /de-freezing of accounts.
  • To ensure that the updated list of sanctions and negative lists are uploaded on the Bank's internal portal/ Bank's screening system in a timely manner.
  • To provide day-to-day advice to other Groups on matters related to targeted financial sanctions.
  • To provide and submit information to SBP with respect to freezing / de-freezing of accounts, CFT related matters etc.
  • To analyze major terrorist incidents that occur within the country or abroad for assessing the TF risk.
  • To report freezing / de-freezing of accounts, against the CTD letters, court orders, FIA and NADRA CNIC cancelation.
  • To ensure that MIS is maintained for freezing and de-freezing of accounts.
  • To provide compliance-related MIS, reports and update as required by the higher management.
  • To maintain Database and STR Reporting related to TF / PF / TFS Risk.
  • To supervise the handling, recording and timely response to queries received from NACTA, LEAs and against Court orders.
  • To supervise and manage, CFT team and handle all operational matters.
  • Any other assignment(s) given by the supervisor from time to time.
03 Position / Job Title Unit Head - Sanction
  Reporting to Wing Head - CFT Compliance & Sanction
Educational/ Professional Qualification
  • Minimum Bachelor's degree from reputable HEC recognized University / Institute.
  • Candidate having Master's degree and / or any other professional certificate will be preferred.
Experience
  • Minimum 05 years of banking experience out of which 03 years in Sanction and / or CFT compliance.
Other Skills/ Expertise/
Knowledge Required
  • Strong interpersonal and communication skills.
  • Strong MS office skills.
Outline of Main Duties / Responsibilities
  • To ensure compliance of UNSC, OFAC, EU, & BOE sanctions through screening of customers /transactions via automated system in a timely manner.
  • To review Sanction Screening cases, investigate, report and escalate Sanctions related hits and other Sanctions related issues to the management.
  • To assist Wing Head CFT & Sanctions Compliance in development of Procedures, SLAs & SOPs related with sanctions.
  • To identify and escalate system/process related issues to the Wing Head and relevant quarters for resolution.
  • To provide day-to-day advice to other groups on matters related to sanctions screening.
  • To supervise / manage Sanctions Compliance Unit and handle all operational matters.
  • To provide sanctions related MIS, reports and updates as required by the higher management.
  • To maintain Database of rejected transactions and STR Reporting related to sanctions.
  • Any other assignment(s) given by the supervisor from time to time.
04 Position / Job Title Unit Head - Trade Based Money Laundering (TBML)
  Reporting to Wing Head —AML / CFT & Analytics
Educational/ Professional Qualification
  • Minimum Bachelor's degree from reputable HEC recognized University / Institute.
  • Candidate having Master's degree and / or any other professional certificate will be preferred.
Experience
  • Minimum 05 years of banking experience out of which 03 years in Sanction and / or CFT compliance.
Other Skills/ Expertise/
Knowledge Required
  • Thorough knowledge of AML and sanction regulations.
  • Strong interpersonal and communication skills.
  • Strong MS Office skills.
Outline of Main Duties /
Responsibilities
  • To update TBML procedure in case of any amendment / changes.
  • To coordinate with business / trade on implementation of TBML Framework issued by SBP.
  • To provide support to Wing Head on procurement /implementation of system to mitigate TBML risks.
  • To carry out transaction monitoring from TBML perspective.
  • To provide support to business / trade on TBML operation procedure.
  • To review the transactions referred by business / trade from TBML perspective and provide feedback.
  • To ensure delivery of timely advices/go-aheads to Trade Operations and business with respect to TBML in lieu of internal and regulatory requirements.
  • To closely coordinate with Operations and Business for smooth processing of transactions referred to TBML Department.
  • To ensure timely preparation and reporting of STRs for further review of MLPO.
  • To complete required documents for regulatory reporting.
  • To keep record of the cases handled.
  • To assist Wing Head AML / CFT in providing update to Management / Board Committee on TBML related matters.
  • Any other assignment(s) given by the supervisor from time to time.
05 Position / Job Title KYC Officer
  Reporting to Unit Head — KYC / CDD
Educational/ Professional Qualification
  • Minimum Bachelor's degree from reputable HEC recognized University / Institute.
  • Candidate having Master's degree and / or any other professional certificate will be preferred.
Experience
  • Minimum 03 years banking experience out of which 01 year in the area of KYC / CDD.
Outline of Main Duties / Responsibilities
  • To be responsible for reviewing / verifying Account Opening forms and all other mandatory / supporting documents / approvals required for account opening in Compliance Group.
  • To ensure risk based profile of the customer for continuous monitoring of KYC / CDD is being carried out in the branches.
  • To obtain branch's feedback related to customer's transactions triggered through TMS alerts that are not in line with the customer's profile.
  • To monitor the KYC / CDD of new on-boarding accounts/existing accounts and also revising the same as per their updated profile and Risk (Based on Risk Based Approach).
  • To perform detailed review of Account Opening Information and transactions of High Risk Accounts (Including Accounts of Exchange Companies, PEPS, Clubs / Associations / Trusts, NGOs / NPOs etc.) as per Regulatory & Internal Guidelines through automated triggered cases / alerts.
  • To review existing relationships; identify risks pertaining to customers and guide branch staff regarding AML / CFT policy.
  • To review and identify the discrepancies of customer profile through triggered KYC cases by FCCM.
  • To escalate the highlighted discrepancies of KYC cases to branches / areas / regions for their required action / updating the profile and follow-up with the branches / areas / regions for the desired response.
  • To ensure quality assurance workflows focused on KYC / CDD.
  • Any other assignment(s) given by the supervisor / team leader from time to time.
Assessment Test / Interview(s) Only shortlisted applicants 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.
Place Of Posting Karachi
 

Interested candidates may visit website www.sidathyder.com.pk/careers and apply on-line within 10 days from the date of publication of this advertisement as per given instruction.

Applications received after due date will not be considered in any case. No TA/DA will be admissible for test / interview.

(We are an equal opportunity employer)
Women, minorities and differently-abled persons are encouraged to apply.

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