Soneri Bank Limited Jobs Unit Head Trade Based Money Laundering
Soneri Bank Limited Jobs Unit Head Trade Based Money Laundering:
Organization: Soneri Bank
WE ARE HIRING!
Department: Compliance Control and Investigation Group
Position Title: Unit Head – Trade Based Money Laundering
Grade: Vice President – VP
Qualification: Master’s Degree from HEC recognized institution
Experience: 10+ years of experience in the areas of Trade Operations, Governance and/or Trade Compliance.
Application Deadline: 7th January, 2025
Email: [email protected]
*Kindly mention position in subject line
Location: Al-Rahim Tower, Central Office, Karachi
Roles and Responsibilities:
- Ensure the delivery of timely advice to the CTO and business functions from Trade AML Advisory, both quantitatively and qualitatively, in line with internal and regulatory requirements. Additionally, lead the team responsible for pre/post monitoring and trade onboarding.
- Manage the team efficiently to mitigate trade sanctions, TBML and other associated risks.
- Provide advice on highlighted business transactions pertaining to/from sanctioned or high-risk countries (if any) to prevent sanctions breaches, regulators violations, and TBML issues.
- Ensure the timely preparation and reporting of STRs for further review by the CAMLO/CCO before submission to the FMU (Financial Monitoring Unit).
- Actively participate in bank-wide awareness training for AML/CFT/PF/TBML to strengthen the compliance culture within the bank, either as a trainer or attendee.
- Conduct various trend analysis & report status to management as per prescribed timelines within the bank’s policies & procedures.
- Review internal & external audit reports & develop remedial action plans as needed.
- Develop & implement continuous improvement strategies in existing TBML processes in conjunction with line management.
Requirements:
- Candidates with experience working in an automated transaction monitoring environment will be given preference.
- Knowledge of trade finance and the SBP TBML framework.
- Ability to analyze trade documents from a trade sanctions and TBML perspective.
We are an equal opportunity employer
Only shortlisted candidates will be contacted for an interview
