Senior- Financial Crime, KYC, Sanctions Compliance- Karachi
Karachi, Sindh, PK
6d ago
source : Mehnat Mazdoori

From small businesses to some of the world’s best-known brands, our tailored services help build trust and confidence through transparency, clarity and consistency for our clients across the MENA region.

Our MENA clients look to us for advice and services they can trust every time. You will use your professional skills and experience to make it happen, by supporting our MENA based EY Member Firms to serve clients in the MENA region across a broad range of industries and responsibilities.

EY Rapid Innovation As a Multinational Member Firm in the EY network, Rapid Innovation, based in Karachi, exclusively provides its services to MENA based EY Member Firms across the MENA region, excluding Pakistan.

The work is executed remotely by working virtually with our MENA onshore teams and sometime may require travel to MENA EY offices.

The opportunity Rapid Innovation is recruiting for Senior Consultants to join our rapidly expanding Financial Crime Compliance team in the areas of Sanctions Compliance, KYC EDD, Transaction Monitoring in Karachi, Pakistan.

Your Key Responsibilities As a Senior Consultant you could be placed in either areas of work i.e Sanctions Compliance, KYC EDD or Transaction Monitoring and you will need to :

  • Monitor business relations and transactions from a Due Diligence and Money Laundering / Terrorist Financing perspective on an on-going basis through the Automated Transaction Monitoring Systems.
  • Monitor staff transactions from an Anti-Money Laundering ( AML ) perspective.
  • Assign AML and Foreign Account Tax Compliance Act ( FATCA ) alerts to the AML investigators and ensure alerts are closed within a pre-defined Turn Around Time ( TAT ).
  • teams.
  • Review Sanctions related alerts generated by sanctions screening systems and approve / reject escalated instances.
  • Perform periodic screening of the customers and close the alerts in the system.
  • Review and close SWIFT sanctions alerts as per pre-defined Turnaround Time ( TAT ).
  • Ensure that the KYC / EDD requirements of the Bank are adhered to, at the time of customer on-boarding including verification requirements.
  • Conduct on-boarding for High-risk / Very High-risk individual and institutional accounts.
  • Ensure KYC / EDD processes have been performed as per the regulatory guidelines and internal policies and procedures.
  • Validate High-Risk / Very High-Risk customers’ data and supporting documentation. Ensure data is appropriately recorded and stored on internal KYC systems.
  • Skills And Attributes For Success Pro-activity, accountability and results-driven people will flourish in this environment.

    Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills. This will have a huge impact on those around you and help promote a positive work ethic.

    To qualify for the role, you must have

  • Experience in the application of KYC / CDD / EDD requirements.
  • Good understanding of a robust AML and CTF framework.
  • Independence and objectivity to evaluate compliance breaches / matters.
  • Ability to build a constructive and effective relationship with peers, seniors, and stakeholders.
  • Financial Crime and compliance knowledge, specifically AML / CFT.
  • In-depth understanding of Rules / Regulations relating to AML / CFT.
  • Experience in advising or working in a Compliance function with a focus on delivering a robust Sanctions compliance program.
  • Strong track record in dealing and managing regulators and other stakeholders.
  • Strong interpersonal skills with the ability to communicate with impact, build healthy professional connections, influence outcomes, simplify complex topics into actionable recommendations for decision-making.
  • Exceptional knowledge of all aspects of Sanctions and the relevant regulatory requirements.
  • Exemplary knowledge and understanding of international and cross border rules and regulations (such as OFAC, UN, and EU Sanctions regimes, FATCA, FATF, and BIS).
  • Ability to perform innovative thinking to solve complex problems with no established precedence while balancing risk, speed, and accuracy.
  • Proficient in MS Office products (Project, Word, Excel, PowerPoint)
  • Ideally, you’ll also have

  • Bachelor’s Degree or Higher in Management, Banking or Finance, preferably ACAMS certification or equivalent
  • Minimum of 3-5 years of experience in a AML Compliance, Sanctions Compliance or KYC EDD role
  • What We Look For We are interested in professionals who are business savvy with a passion for quality work, innovation as well as the motivation to create your own EY journey. What We Can Offer You

  • Support and coaching from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that’s right for you
  • About EY As a global leader in assurance, tax, strategy, transaction and consulting services, we’re using the finance products, expertise and systems we’ve developed to build a better working world.

    That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better.

    If you can confidently demonstrate that you meet the criteria above, please contact us Build your legacy with us.

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