Raheel Akhtar

Financial Crime Analyst

Email: adukhf@r.postjobfree.com

Cell No.+974-****-****, +92-324-*******,

CAREER SUMMARY

• Having 5 years’ experience in three of the leading Banks of Pakistan.

• Worked in different Compliance functions as AML and KYC review in accordance to regulatory requirements.

• Engaged as active team member for development, testing and implementation of transaction monitoring software “FCCM”.

• Efficient monitoring of transactions identifying customer profile violations and liaising with branches accordingly.

• Identified Politically Exposed Persons (PEP) and monitored the same on ongoing basis.

• Monitored SWIFT inward and outward transactions with respect to sanctioned entities and individuals.

• Hands-on experience of reporting suspicious transactions (STR/ SAR) via GoAML portal. PROFESSIONAL EXPERIENCE

Mashreq Bank Limited (Compliance Officer RBG) Mar 2022 - Jun 2022

• Maintain ongoing awareness/current knowledge of all applicable internal/external compliance requirements and existing/emerging legal/statutory/regulatory environment – identifying any issues that could impact the bank.

• Assist the Compliance manager to ensure Bank’s internal procedures/policies remain compliant with regulations/changes providing guidance/advice to branch management as necessary.

• Assist in maintaining pro-active relationships with business, facilitating timely involvement to ensure compliant solutions to business issues.

• Assist in communicating all regulatory notices/circulars to all concerned areas.

• Assist in developing/maintaining/updating the KYC/AML policy.

• Assist in AML/Compliance training programs to all business group staff on an on-going basis as required/necessary to raise awareness and ensure all staff understand their responsibly/obligations with regards to Corporate/AML policies and regulatory/legal/statutory requirements.

• Provide support for the enhanced due diligence process followed on businesses classified as high risk prior to account opening/credit proposals and provide decisions accordingly. Review proposals on high risk relationships especially cases that are escalated to senior management/business group head and ensure that all risks are appropriately highlighted for sign off.

• Review the ename checker referrals from branches/enabling functions/operation and provide compliance feedback in accordance with the bank policies/CB regulations.

• Review account opening requests of high risk customers and provide clearance.

• Supervise compliance staff and provide necessary guidance and coaching to them on an ongoing basis.

• Assist in preparation of all reports/MIS on issues relating to Compliance/AML and ensure that same are provided in a timely manner to Manager Compliance as well as regulatory authority.

• Assist in developing and administering the AML reporting network across business group to ensure it is working effectively and propose changes/highlight issues as necessary.

• Assist in analyzing suspicious transactions reported by units/branches, undertake investigations where required and submit STT to UAE Central Bank in a timely manner with complete and accurate information.

• Assist in responding in a timely manner to Compliance/AML related queries/investigations of UAE Central Bank/HO/Other regulators as well as provide expert guidance to branches upon referrals.

• Ensure implementation of customer screening through world check and other Negative lists provided by HO/Central Bank UAE across all segments.

• Provide all required assistance in driving the implementation of SAS AML system for business group. Ensuring any mapping/scenario issues in business group business environment is appropriately resolved in a timely manner.

• Ensure all transactions under any subsequent/new product launches in business group are appropriately mapped/covered in SAS AML system.

• Represent compliance in any ad hoc projects as directed by Manager Compliance. MCB Limited Pakistan (Anti-Money Laundering Analyst) Dec 2020 – Mar 2022

• Investigate suspicious accounts thoroughly.

• Ensure reporting suspicious transactions to FMU promptly.

• Correspondence with the regulatory bodies in view of Money laundering/CFT/PF.

• Manage the PEP review activity and prepare the report for management.

• Implementation of customer-based Risk Model.

• Transaction based evaluation for necessary Regulatory Reporting.

• Managing Customer’s Profile based violations alerts.

• Monitoring of Personal Bank Accounts being used for Business purposes. Meezan Bank Ltd. Pakistan (Asst. Manager Transaction Monitoring & Reporting) Aug 2019 – Dec 2020

• Investigate and assess alerts for potential money laundering risks in the Bank.

• Assist and ensure efficient identification and monitoring of suspicious transactions and reporting.

• Ensure timely reporting of suspicious transactions to Financial Monitoring Unit via GoAML portal.

• Provision of information regarding customer accounts as per the requirements of regulator.

• As an AML subject matter expert, provide direction and guidance to branch staff on appropriate remediation action for high-risk accounts.

Dubai Islamic Bank Pakistan Limited (AML & Compliance Officer) Oct 2017 - Jul 2019

● Investigate and assess alerts for potential money laundering risks in the Bank.

● Assist and ensure efficient identification and monitoring of suspicious transactions and activities.

● Ensure timely, efficient reporting of suspicious transactions to Financial Monitoring Unit.

● Daily assessment of AML and SWIFT reports for potential suspicious activity.

● As an AML subject matter expert provide direction and guidance to branch staff on appropriate remediation action for high-risk accounts.

● Assist with money laundering related queries/questionnaires received from State Bank of Pakistan.

● Investigate, review and resolve AML related and ensure proper investigation of suspicious transactions or money laundering alerts.

● Prepare weekly, bi-weekly, monthly and quarterly reports to AML Compliance Officer.

● Monitoring of safe watch software (EastNets) all SWIFT transactions with respect to the sanction entities and individuals.

● Obtain documentary proof of suspicious transactions and ensure effective record keeping of suspicious transaction identified and reported to the State Bank of Pakistan in line with the requirements of the Financial Intelligence Act.

● Performed Enhanced Due Diligence on customers deemed high risk, and suggested account restrictions and/or account closures based on risk to the institution.

● Determined and implemented additional steps, validating KYC risk compliance based on research of customer records, verification of account purpose and legitimacy, analysis of transaction activity.

● Approval of NGO/NPO accounts and revision of CPF individual/entity after reviewing and investigation of the customer/entity profile and supporting documents.

● Arrange the PEP approvals from Head of Compliance after investigation of all PEP CPF according to the PEP policy.

● Compilation of CTR reporting data.

Usman Tractor House (Manager) Jan 2017 - Oct 2017

● Bookkeeping and managing all accounting records

● Dealing with banks for opening LC’s and maintenance of bank accounts Managing Inventories

● Preparations of Financials

Sentient Solutions (Assistant Business Analyst) Oct 2016 - Nov 2016 TECHNICAL SKILLS

• Leadership, team building, interpersonal and communication skills,

• Analytical skills, critical thinking and multi-tasking.

• Ability to work under pressure, problem solving skills and decision making.

• Thorough knowledge of regulatory requirements

SYSTEM EXPERTISE

● Financial Crime and Compliance Management (FCCM)

● GoAML

● Microsoft Office (Word, Excel, PowerPoint)

● Eastnets

● SAS AML system

EDUCATION

● Association of Chartered Certified Accountants ACCA (Member). Professional Papers (Advance Financial Management & Advance Audit and Assurance)

● A Level (Business Studies)

●O Level (Business Studies)

TRAININGS

• Training of AML Sanctions & Fraud in Trade Finance from The Institute of Bankers in Pakistan (IBP).

• One week Orientation Learning Program at Meezan Bank Limited.

• Training on Trade Based Money Laundering Learning and Development Center MCB Bank.

• Attended webinar on The Trade Based Financial Crime,jointly arranged by Sigma Risk and Dellsons Associates

• Sap Financials-48 Hours End User Training conducted by Exd/ACCA. LANGUAGE

● Urdu Native

● English Competitive

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