MAAZ SHAMS
Karachi,Sindh
Summary
Highly skilled and detail-oriented TBML and AML/CFT Analyst with over 3 years of experience. Expertise in transaction monitoring, risk assessment, customer due diligence, and regulatory compliance. Proficient in analyzing complex financial transactions and trade documents to identify and mitigate money laundering risks. Strong communicator with a deep understanding of industry policies, procedures, and best practices.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Assistant Manager
Bank Alfalah
06.2024 - Current
- Performed price verification of trade transactions referred by branch and CTO prior to execution of transaction as per approved policy.
- Identified transactions that were executed without performing price due diligence and assessed the same based on underlying Goods Declaration (GD).
- Assisted the line manager in collecting and compiling date for annual Bank's Risk Profile (BRP).
- Ensure timely closure of Red Flags i.e. within 30 days of initiation of transactions to comply with the directives under TBML framework.
Senior TBML Analyst - Trade Governance
Habibmetropolitan Bank - Subsidiary of Habib AG Zurich
04.2021 - 06.2024
- Conducted price verification of trade finance documents to identify potential over- or under-invoicing, thereby mitigating the risk of trade-based money laundering.
- Developed and maintained Trade - KYC (CRP) module with an in-built risk rating scale and calculator and integrated it with core banking modules to ensure all transactions are aligned with customer's risk profile.
- Conducted initial and ongoing CDD and EDD on clients, focusing on high-risk sectors and jurisdictions. Verified the identity of clients and their relation with key buyer/seller (related parties).
- Initiated monitoring details of goods declarations (GD) to ensure alignment with underlying documents. Identifying discrepancies and raising red flags to higher management or compliance authorities since Feb 2023.
- Communicated findings and recommendations to senior management and compliance officers, providing insights into emerging risks and trends.
- Supported the sanctions screening team in effectively and accurately dismissing alerts generated by the Accuity screening solution, including vessel tracking alerts.
- Recommended improvements to existing controls and processes to enhance the effectiveness of the AML and TBML program. Also, actively worked with the I.T. team for automation of certain process flows to improve efficiency.
- Maintain oversight on Customer Onboarding process, placing controls and ensuring due diligence to mitigate the risk of onboarding customers that are absconders or pose a reputational or financial threat to the bank.
- Manage, facilitate, conduct meetings and respond to SBP audits (on-site and off-site), internal audits, Global (Dubai, Switzerland) and External (KPMG) audits. Provision of required information or data by compliance, SBP team and internal audit.
- Handled all inquiries and notices from Law Enforcement agencies (Customs, FIA, FBR, Customs Intelligence, etc) by arranging required information, data and ensuring timely submission.
- Point of contact for any support, issue, development related to PSW and Accuity screening solution.
- Contributed to projects including PSW and the Accuity screening solution, focusing on module development and integration with core banking systems.
- Served as the primary point of contact in trade operations, providing support, assistance, and training.
- Assigned tasks and managed workloads to ensure efficient and effective completion of all AML/CFT activities. Conducted regular team meetings to review progress, discuss challenges, and share best practices.
Account Officer
MOEY Transport Pty Ltd.
02.2019 - 03.2020
- Compiling entries for the general ledger and maintaining account books
- Calculating taxes owed using prescribed rates and laws
- Compiling, presenting, and preparing reports, budgets, and financial statements.
Education
MBA in Islamic Banking & Finance -
University of Karachi - KUBS
07.2024
Accounting And Finance
Universal Business School of Sydney
Sydney, Australia12.2019
Intermediate - HSC - Pre-engineering
Ghazi Foundation College
Karachi09.2012
Matriculation - SSC - Science
Beaconhouse School System
Karachi, SD08.2009
Skills
- Strong communication and interpersonal skills
- Strong analytical and investigative skills
- Ability to work under pressure and meet tight deadlines
- Ability to adapt to changing regulations and evolving industry practices
- Analytical and investigative skills
- Communication and interpersonal skills
Websites
Certification
- Dynamics of Trade Sales & Trade Operations in Compliance Perspective (Mentor Consultancy, Training & Development) - 11/01/23
- Reporting of STR for Trade Transactions - GO AML (Mentor Consultancy, Training & Development) - 06/01/23
Languages
English
Proficient
C2
Urdu
Proficient
C2
Timeline
Assistant Manager
Bank Alfalah
06.2024 - Current
Senior TBML Analyst - Trade Governance
Habibmetropolitan Bank - Subsidiary of Habib AG Zurich
04.2021 - 06.2024
Account Officer
MOEY Transport Pty Ltd.
02.2019 - 03.2020
MBA in Islamic Banking & Finance -
University of Karachi - KUBS
Accounting And Finance
Universal Business School of Sydney
Intermediate - HSC - Pre-engineering
Ghazi Foundation College
Matriculation - SSC - Science
Beaconhouse School System
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