NATIONAL BANK OF PAKISTAN JOB OPPORTUNITIES

NATIONAL BANK OF PAKISTAN JOB OPPORTUNITIES

"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:

UNIT HEAD - INTERNATIONAL COMPLIANCE UNIT (AVP/VP)

Reporting to:

Wing Head- International Compliance

Educational /Professional Qualification:

Minimum Graduation or equivalent from a local or international university / college/ institute recognized by the HEC

Candidate having Master's degree and / or any other professional certificate will be preferred.

Experience:

Minimum 07 years of banking experience in compliance preferably Regulatory Compliance and / or AML / CFT/ Sanctions Compliance or International Compliance

Other Skills/ Expertise / Knowledge Required:

Excellent communication, interpersonal and analytical skills

Excellent in MS office and BI tools.

                 Good understanding of banking operations/SBP regulations and banking law


Ability to prioritize and accomplish tasks with strict deadline

Team player, goal oriented & result driven

 

 

Outline of Main Duties / Responsibilities

 To supervise the offsite review process of the team and recommend changes /updates as required in the mechanism

  • To manage and conduct QA of all International Compliance Division (ICD) reviews, regulatory reports & trackers, offsite quarterly and monthly reports; and Compliance Committee of Managements (CCMS)
  • To ensure the branches comply with new or amended regulations. Circulate relevant updates to the team. Keep track of action plans

  • To review proposal,vendor assessment, user acceptance testing results, scenarios & parameters assessment, conducted by the Country Compliance Officer (CCO) and share feedback as required. Keep track on the required review, assessment, and updates (if any) of the existing systems

  • To ensure Branch Compliance Committee Meetings (BCCMS) are carried out as per frequency. Review and recommend changes to agendas and Terms of Reference (TOR) updates, as required. Prepare a quarterly summary update on the issues escalated by the Branch Compliance Committee Meetings for Head Office Compliance Committee of Managements (HO CCMS)

  •  To ensure QA and review of all Compliance related Policies and Procedures of overseas branches. Coordinate with Compliance Group stakeholder for feedback. Ensure detailed MIS of all overseas policies and procedures are maintained as per SBP framework requirement

  • To prepare necessary agendas and presentation for the Compliance Committee of Management and Board Risk and Compliance Committee. Keep track of all relevant Agenda Items and their escalations

  • To liaise with Country Compliance Officers & internal stakeholders. Maintain strong coordination with the Country Compliance Officers, Financial Institutions & Remittances Group (IFRG) and Audit & Inspection Group (A&IG) on the matter under the purview of the Department through regular emails,con-call and online meetings

  • To assign and follow-up for annual online compliance training programs for overseas Country Compliance Officers and International Compliance Division team members

  • To manage team data and ensure MIS is maintained and updated as per requirements. Formalize the data presentation and reports. Submit monthly updates to the Wing Head

  • To perform any other assignment as assigned by the supervisor(s)

 

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Position/ job title:

SENIOR COMPLIANCE OFFICER (OG II)

Educational And Professional Qualification:

  • Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC
  • Candidate having Master's degree and / or any other professional certificate will be preferred

Experience:

Minimum 03 years of banking experience preferably in regulatory compliance, Internal Control and/or Audit

Other Skills /Expertise /Knowledge Required:

  •  Excellent communication, interpersonal and analytics skills
  • Excellent in MS office and Bl tools
  • Good understanding of banking operations / SBP regulations and banking law
  • Ability to prioritize and accomplish tasks with strict deadline Team player, goal oriented & result driven


Outline of Main Duties / Responsibilities

  • To work with CCOS to develop corrective action plan for resolution and establishing sustainable controls. Ensure overdue items are escalated and deadlines extensions are sought with proper justification
  • To conduct offsite reviews through the Quarterly Review Report and Periodic Process Reviews of different compliance areas. Follow-up with the CCOs for resolution of gaps observed.
  • To review regulatory updates (regulations, circulars etc.) issued by the overseas regulators, received through the Compliance & Control Sheet (CCS) on a monthly basis. Follow-up on the implementation status of the action plan to monitor compliance. Ensure CCOS map relevant local regulatory requirements with documented policies/procedures. Escalate delays / gaps to the Unit Head
  •  To closely coordinate and follow-up with the CCOS on the compliance systems implementation process. Coordinate with Head Office Information Technology as necessary. Follow-up on the required review, assessment, and updates (if any) of the existing systems. Follow-up on progress and escalate delays to the Unit Head
  • To review agendas, minutes of the meetings and trackers. Participate as an observer in BCCMs and ensure they follow TORS and follow-up on resolution of matter arising. Highlight significant compliance issue for HO CCM. Keep track of deadlines and extensions and ensure necessary escalation
  • To review compliance related documents for a standard flow, coverage, and completeness. Share feedback with the CCOS. Follow-up, track and maintain a detailed MIS of all documents in line with SBP framework
  • To review all regulatory inspection reports of the overseas branches.
  • Follow-up with the CCOS on the action plan; progress, and resolution status. Maintain MIS / Inventory of observations. Escalate all timeline lapses and significant gaps to the Unit Head
  • To maintain and update all dashboards; ensure timely reports and MIS are prepared and updated with monthly submission to the Unit Head
  • To liaise with CCOs on all matters under purview through regular email follow-ups, con-calls, and online meetings. Maintain a close working relationship with the CCOS
  • To review and follow-up on status of the observations highlighted by External Auditors in the Management Letters and Internal Control Memorandums (ML/ICMS)
  •  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 JOB OPPORTUNITIES


(We are an equal opportunity employer)
 Women, Minorities and Differently-abled Persons are encouraged to apply