Najam us Saquib
Manager Compliance Assurance (AML/CFT/CPF)
Karachi, Sindh
Summary
Dynamic Financial Crime Compliance professional with extensive expertise and a steadfast commitment to regulatory adherence and financial risk mitigation. Possesses a comprehensive understanding of AML laws, regulations, and best practices, along with hands-on experience in developing and implementing robust compliance frameworks to protect institutions against financial crime. Proven track record in navigating complex regulatory landscapes demonstrates the ability to drive organizational success while maintaining the highest standards of compliance excellence.
Overview
9
9
years of professional experience
9
9
years of post-secondary education
6
6
Certifications
Work History
Manager Compliance Assurance (AML/CFT/CPF)
Mashreq
04.2023 - Current
- Assist in the development, enhancement, and implementation of an effective independent Quality Assurance framework across the Compliance Function, including international locations.
- Execute periodic Risk and Control Self-Assessment (RCSA), Compliance Monitoring Reviews, and QA (Quality Assurance) reviews to ensure the Bank’s internal procedures/policies remain compliant, and provide guidance to concerned units for improvements and remediation.
- Prepare and submit Compliance Monitoring Review reports to the head of Assurance.
- Track the implementation of recommendations and the regularization of exceptions, if any, identified during periodic assessment.
- Maintain an action plan tracker for follow-up with the respective teams for remediation actions.
- Maintenance of the Assurance Risk Register and assistance to the Head of Assurance in the annual review of the Risk Register.
- Provide necessary guidance to other compliance units in finalizing the relevant procedures of their respective units.
- Assist the Head of Assurance in the annual review and update of Compliance Policies – Banks’ AML, KYC, Sanction, and ABC Policy.
- Assist the Head of Assurance in the preparation of the unit's monthly BSC and CRMC decks to share the unit's monthly progress with senior management.
- Participated in the upgradation of the Compliance Risk Management tool, raised BRDs, performed UATs, and liaised with IT.
- Accomplished multiple tasks within established timeframes.
- Streamlined workflows by identifying bottlenecks in existing systems and implementing appropriate solutions.
- Coordinated with IT department to upgrade technology infrastructure, enhancing operational efficiency and data security.
- Enhanced team productivity by implementing agile methodologies, leading to more efficient project completion.
AVP- AML & CFT Compliance
Industrial and Commercial Bank of China Ltd.
09.2022 - 03.2023
- Managed transaction monitoring system review alerts, highlighting EDD requirements to the branches, and inform the branches for timely updates of KYC issues.
- Review sanction screening alerts to identify positive matches, and take the appropriate action in light of regulatory guidelines.
- Owned perpetual screening exercise of the bank.
- Prepare cases for potential STRs, SARs, and respond to LEAs' letters and queries.
- Assisted in the preparation and updating of bank policies and procedures.
- Prepare case studies for terrorism-related incidents, as required by SBP.
- Managed and updated the NACTA and proscribed person list on a daily basis.
- Responsible for performing the Top 100 Depositors exercise of the bank and submitting the report to the compliance committee meeting and the AML Subcommittee.
- Performed a model/scenarios assessment of the AML alerts management system of the bank for the year 2022. Analyzed data to identify areas of improvement, implementing changes that resulted in greater operational efficiency.
- Assisted in the internal risk assessment of ICBC Pakistan and was responsible for regulatory quarterly reporting of the inherent risk report to the State Bank of Pakistan.
- Ensure effective implementation of CAAMLs policies and procedures.
- To assist the management in managing CFT and AML risk of the bank.
AML - Assistant Manager (AML Case Management)
Bank Al-Habib
01.2022 - 08.2022
- Responsible for managing the CMS (Case Management Section), which reviews potential suspicious transaction cases referred by the L1/L2 AML and sanctions team.
- Review SAR/STRs prepared by the analyst for onward reporting to the Financial Monitoring Unit (FMU) at GO AML.
- Management of STR/SAR data, and updating of the Debarred list and Watch List for reported cases.
- Handling queries received from the Financial Monitoring Unit (FMU) and maintaining their data.
- Quarterly submission of SAR/STR data to Senior Management, the Compliance Committee Meeting, and the Board Meeting.
- Supervision of outward foreign remittances, considering the FE manual, transaction reviews, updating of customers' documentation, KYCs, FATCA, and CRS.
- Supervision of the Top 100 Depositors exercise and management of its data.
- Implementation of FCCM 8.0.8, create a workflow for the Case Management Section, perform UAT of the system, and coordinate with the project team.
- Conduct AML, CFT, and CPF-related training sessions for branch and operations staff.
- Also responsible for various compliance responsibilities, including correspondence with internal and external audits.
- Supervised day-to-day operations to meet performance, quality and service expectations.
- Promoted teamwork within the workplace by encouraging collaboration among staff members on various project tasks.
Case Management Team Leader (AML/CFT/CPF Cases)
Bank Al Habib Ltd.
08.2019 - 12.2021
- Responsible for the review of L3 cases, conduct in-depth analysis for potential suspicious transaction cases.
- Review STRs prepared by analysts for onward submission to the MLRO and CCO.
- Report STRs/SARs to the Financial Monitoring Unit (FMU) at GO AML.
- Managed and updated the debarred list and watch list for reported cases.
- Handling of queries received from the Financial Monitoring Unit (FMU).
- Oversee adverse media searches of individuals/entities for the bank via data.
- Performed the quarterly review of accounts highlighted by law enforcement agencies, and shared findings and reports with senior management.
- Quarterly submission of STRs data to senior management.
- Submission of STRs data for the Compliance Committee Meeting and the Board Meeting.
- Prior review of outward foreign remittances with respect to AML, CFT, and CPF points of view.
- Screening and clearance of transactions (MT103, MT700, MT202) via the SafeWatch Screening Module.
- Conduct training sessions for branch and operations staff. To promote a compliance culture.
AML Compliance Analyst
Bank Al Habib Ltd.
06.2016 - 07.2017
- Responsible for handling alerts, making MIS reports on Excel, and closing the alerts at L1.
- Raising AML queries related to transactions and ownership to RM and branches.
- Follow-up from branches for compliance-related queries.
- Screening of names and remittances using Safe-Watch (filtering software) against local regulatory/official negative lists (OFAC, UNSC, NACTA).
- Screening of transactions (MT103, MT202 and MT700) via SafeWatch Screening Module.
Education
MBA - Accounting And Finance
Karachi University Business School
University Of Karachi 01.2014 - 12.2015
Bachelor of Commerce - Commerce
Liaquat Government College
Karachi, Sindh, Pakistan 08.2009 - 01.2012
Intermediate - Pre-Engineering
Government Degree Science College Malir Cantt
Karachi 08.2006 - 08.2008
Matric -
Superior Grammar School
01.2004 - 08.2006
Skills
Strong written and verbal communication
Certification
Henley Business School - Certified Compliance and AML Manager (Level 2)
Accomplishments
- Received Certificate of Recognition in 2024 at Mashreq for exceptional performance and dedication at work.
- Successfully performed model/scenarios assessment of AML alerts management system at ICBC for year ended 2022 and recommended senior management for addition of scenarios.
- Successful implementation of FCCM 8.0.8 in 2021 for Case Management Section at BANK Al-Habib.
- Consecutively getting Excellent Appraisal Rating for three years (2018 till 2020) at BANK Al-Habib.
- Got International Mitsubishi Scholarship in 2015.
- Got first position in certificate course in MS OFFICE AUTOMATION from HABIB UNIVERSITY FOUNDATION (IACT)
INTERNSHIPS
- MUSLIM COMMERCIAL BANK as operations interns Branch (1 July 2015 – 15 August 2015)
ROTATIONS: Branch Banking, Teller services, Account opening and KYC/CDD, Maintaining branch record, Working on record Keeping
EXTRA-CURRICULAR ACTIVITIES
Like Photography, playing badminton, Gardening
References
Will be provided upon request
Timeline
Henley Business School - Certified Compliance and AML Manager (Level 2)
05-2025
Advance creative thinking techniques ( Problem solving)
11-2024
Analyzing and Visualizing Data with Microsoft Power BI
10-2024
McKinsey Forward Program (It is a 6 months program that enables participant to develop practical skills such as effective communication and develop adaptable and resilient mindsets and habits).
05-2023
Manager Compliance Assurance (AML/CFT/CPF)
Mashreq
04.2023 - Current
AVP- AML & CFT Compliance
Industrial and Commercial Bank of China Ltd.
09.2022 - 03.2023
AML - Assistant Manager (AML Case Management)
Bank Al-Habib
01.2022 - 08.2022
Junior Associate of Institute of Bankers Pakistan (JAIBP) Stage II
03-2021
Anti Money Laundering and Combating Terrorism Financing organized by IFMP.
01-2020
Case Management Team Leader (AML/CFT/CPF Cases)
Bank Al Habib Ltd.
08.2019 - 12.2021
AML Compliance Analyst
Bank Al Habib Ltd.
06.2016 - 07.2017
MBA - Accounting And Finance
Karachi University Business School
01.2014 - 12.2015
Bachelor of Commerce - Commerce
Liaquat Government College
08.2009 - 01.2012
Intermediate - Pre-Engineering
Government Degree Science College Malir Cantt
08.2006 - 08.2008
Matric -
Superior Grammar School
01.2004 - 08.2006
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