Head of compliance

3 weeks ago

india Finclude Full time
Job Description
Scope:

This position is with our fintech client for their Karachi office. You will be responsible for developing a comprehensive regulatory compliance framework as well as implementing and maintaining processes, systems and controls to ensure Company’s continued compliance.

You will be responsible to lead and providing direction on all legal matters and regulatory issues together with existing internal legal resources as well as external legal advisers. You will be a senior member of the team reporting directly to the CEO. There is already a compliance and legal function existing.


Job Duties:
  • Develop, implement and maintain a framework of policies and procedures for managing and mitigating operational and compliance risks, in line with laws and regulations applicable to us
  • Design and implement relevant compliance processes including know your customer (KYC), anti-money laundering (AML), sanctions and combating the financing of terrorism (CFT)
  • Perform risk assessments to understand risk level, significance and scope to our operations
  • Master a deep understanding of the rules and regulations in which we operate, including monitoring any changes and developments
  • Oversee the gathering of internal information to meet external regulatory reporting obligations and supervise the legal matters of the organization, including maintaining liaison with legal advisors regarding smooth handling of the legal cases
  • Act as a point-of-contact for all employees on issues relating to money laundering, terrorist financing and receive reports on non-compliance with laws or company policies
  • Compile regular reports on risk and compliance performance that can be shared with management or the board of directors so that issues can be rectified
  • Support our product and market expansion initiatives by overseeing efforts to apply for new licenses where needed
  • Ensure regular information dissemination and coordinate training across the company on compliance issues and provide proactive and effective solutions for risk management.
  • Oversee any internal and external audits or regulatory examinations
  • Manage third party vendor risk reviews and vendor due diligence where relevant
  • Collaborate with other departments to create a culture of compliance across the organization
  • Act as a main point of contact with regulator (SBP) and managing inspections and audits

Requirements
  • Master's Degree in either economics/business/law (preferred). However any candidate with relevant experience will be considered
  • Relevant course, done through ICA (International Compliance Association) or NIBAF
  • Experience in Pakistan working with regulated financial institutions and the State Bank of Pakistan
  • ACAMS certification
  • 3+ years in a senior compliance/legal role
  • Experience in payments/financial services space
  • Ability to develop deep relationships with regulators (Central Banks or other regulatory bodies) across multiple jurisdictions
  • Excellent sense of judgment - able to help steer the company to balance innovation and growth with regulatory compliance
  • Critical problem-solving skills
  • Ability to thrive, adapt and embrace change in rapidly-changing regulatory environments
  • Knowledge of global payments compliance regulation - PCI DSS, PSD2, GDPR, card scheme rules etc.
  • Experience of any PSO/PSP or EMI would be preferred.
  • A willingness to learn and “can do” attitude

Requirements
- 3+ years in a senior compliance/legal role - Experience in payments/financial services space - Ability to develop deep relationships with regulators (Central Banks or other regulatory bodies) across multiple jurisdictions - Excellent sense of judgment - able to help steer the company to balance innovation and growth with regulatory compliance

  • Head of Compliance

    3 weeks ago

    india SKS Enterpprises - Human Resource Planning and Management Full time

    Position Name - Head of Compliance Location - Mumbai Experience Range - 10+ yrs Mandatory Requirement: Experience in Regulatory Compliance, Risk Management, Liaison with Regulatory Bodies Minimum of 10 years of experience in compliance within the financial industry. Job Roles and Responsibilities: Policy Development and Implementation: Design,...

  • Head of Compliance

    1 month ago

    india Vahura Full time

    Our Client is a leading broking and investment firm in India, dedicated to delivering exceptional financial services across various sectors including investment banking, stock broking, portfolio management, private wealth management, research analysis, and Alternative Investment Funds . They are now seeking a seasoned professional to join their team as the...

  • Head of Compliance

    1 month ago

    india ISS Facility Services India Private Limited Full time

    About ISS: ISS provides high quality facility services which includes facilities management; cleaning & hygiene services; maintenance and building services; catering; security; landscaping and a wide range of other tailor-made services for customers throughout the Public and Private Sectors. The customer's account is a high-profile global account for ISS...

  • Head of compliance

    5 days ago

    India Finclude Full time

    Job Description Scope: This position is with our fintech client for their Karachi office. You will be responsible for developing a comprehensive regulatory compliance framework as well as implementing and maintaining processes, systems and controls to ensure Company's continued compliance.You will be responsible to lead and providing direction on all legal...

  • Security Governance and Compliance Head

    1 month ago

    india Agratas Full time

    Job Title: Security Governance and Compliance Head Job Description: We are seeking a highly skilled person with minimum 10 years experience to join our team as Security Governance and Compliance Head. The ideal candidate will be responsible for developing, implementing, and managing security policies and compliance programs to ensure the protection of our...

  • Head, Legal and Compliance

    3 weeks ago

    india StreSERT Services Limited Full time

    Job Description Job Title: Head, Legal and Compliance (Cross-border operations)Department: Legal and Compliance Reports to: Executive Committee Location: Lagos Job Type: Full Time Our client is a Group of companies with over 3 decades of business operations in areas such as power generation, real estate, construction and automobile. The Group has so far...

  • Officer - Compliance

    2 months ago

    India Sumitomo Mitsui Banking Corporation (SMBC) Full time

    Responsible for handling Compliance related function of the India Branches and assist / support LCO for overall Compliance Function in the Branches. - Issue Branch Circulars for all staff members of the Branch highlighting the regulatory requirements. - Conduct various Training (classroom Training, On Line training etc) to educate the branch staff and also...

  • Head of Marketing

    5 days ago

    India Kyari (A Brand of Select) Full time

    About the company: We are a budding home decor startup, yet a leading one in the D2C space. Two years ago, with a small team of 3 people from Indore, we launched our game-changing self-watering planters. We believed then, as we do now, that home decor should be both beautiful and hassle-free. Our self-watering plants with planters were an instant hit....

  • Sr. Analyst

    2 months ago

    india SMBC Group Full time

    Responsibilities Conduct Compliance testing and monitoring as per Head Office and RBI guidelines (including submission of Tranche data). Submit the report to Management and Local Management Committee. Carry out Compliance Risk Assessment and Compliance Action Plan on annual basis. Follow up with the Heads of the Department to...

  • Compliance Analyst

    4 weeks ago

    India Norstella Full time

    Compliance Analyst Location: IndiaType: Full-time/permanentReporting to: Head of Employment Law, Litigation & Corp GovAbout NorstellaAt Norstella, our mission is simple: to help patients get access to live-saving therapies without delay.​ ​We turn that into reality by helping our clients navigate the complexities at each step of the drug development...

  • Compliance Analyst

    4 weeks ago

    india Norstella Full time

    Compliance Analyst Location: India Type: Full-time/permanent Reporting to: Head of Employment Law, Litigation & Corp Gov About Norstella At Norstella, our mission is simple: to help patients get access to live-saving therapies without delay.​ ​We turn that into reality by helping our clients navigate the complexities at each step of the drug...

  • Compliance Analyst

    5 days ago

    India Norstella Full time

    Compliance Analyst Location: India Type: Full-time/permanent Reporting to: Head of Employment Law, Litigation & Corp Gov About Norstella At Norstella, our mission is simple: to help patients get access to live-saving therapies without delay.​ ​We turn that into reality by helping our clients navigate the complexities at each step of the drug...

  • Head of Legal

    3 weeks ago

    india Aloha Consulting Group Full time

    Job Description ACG_1901_JOBOur client is a leading insurance company who is looking for a qualified candidate to join their firm:In charge of leading the Compliance department to fulfill all functions and duties of the department  Consult, provide guidance, evaluate, manage, and monitor legal issues  Set out action plan, execute, and manage all compliance...

  • Head of Legal

    2 months ago

    india Aloha Consulting Group Full time

    Job Description ACG_1901_JOBOur client is a leading insurance company who is looking for a qualified candidate to join their firm:In charge of leading the Compliance department to fulfill all functions and duties of the department  Consult, provide guidance, evaluate, manage, and monitor legal issues  Set out action plan, execute, and manage all compliance...

  • Compliance Manager

    5 days ago

    India Elevate Partners Full time

    Job Description A leading financial services team are seeking a Compliance Manager (Governance & Policy) to join their team. Reporting to the Head of Compliance you will be responsible for developing and communicating relevant Compliance Policies, setting out FS Compliance requirements and provide policy implementation and interpretation.Key...

  • Sr. Analyst

    3 weeks ago

    india SMBC Group Full time

    Responsibilities Conduct Compliance testing and monitoring as per Head Office and RBI guidelines (including submission of Tranche data). Submit the report to Management and Local Management Committee. Carry out Compliance Risk Assessment and Compliance Action Plan on annual basis. Follow up with the Heads of the Department to...

  • Assistant Vice President-Compliance Testing 1

    5 days ago

    India SMBC Group Full time

    Responsibilities Conduct Compliance testing and monitoring as per Head Office and RBI guidelines (including submission of Tranche data). Submit the report to Management and Local Management Committee. Carry out Compliance Risk Assessment and Compliance Action Plan on annual basis. Follow up with the Heads of the Department to ensure closure and...

  • Compliance Counsel

    4 weeks ago

    india aleksandar. Full time

    Job Description aleksandar. have been appointed to manage a specialised recruitment process on behalf of a leading multinational organisation. Our mandate is to identify and appoint a Compliance Counsel in Penang, Malaysia on a long term 12 month contract. Our business partner is a multi-billion dollar, high profile company who offers a range of products and...

  • Compliance Manager

    4 weeks ago

    india aleksandar. Full time

    Job Description aleksandar. have been appointed to manage a specialised recruitment process on behalf of a leading multinational organisation. Our mandate is to identify and appoint a Compliance Manager in Penang, Malaysia on a long term 12 month contract. Our business partner is a multi-billion dollar, high profile company who offers a range of products and...

  • Compliance Manager

    3 weeks ago

    india aleksandar. Full time

    Job Description aleksandar. have been appointed to manage a specialised recruitment process on behalf of a leading multinational organisation. Our mandate is to identify and appoint a Compliance Manager in Penang, Malaysia on a long term 12 month contract. Our business partner is a multi-billion dollar, high profile company who offers a range of products and...