SENIOR MANAGER RISK & COMPLIANCE

Karachi - Pakistan

Monthly Salary: Not Disclosed

Posted on: 20 hours ago

Vacancies: 1 Vacancy

Job Summary

COMPANY OVERVIEW:

Our client a Karachi-based State Bank of Pakistan (SBP) regulated Electronic Money Institution (EMI) seeks to appoint an experienced professional for the following role:

Job Role

This position will lead regulatory coordination process governance compliance testing risk assessments and reporting mechanismssafeguarding the organization against compliance breaches operational lapses and financial crime exposure. The role also supervises units and functions under the Risk & Compliance umbrella including AML and Internal Control oversight.

Key Responsibilities

Implement and review SOP Key Risk Indicators in line with Operational Risk framework Business Risk policies and Risk Control Self-Assessment (RCSA)
Introduce a Risk and Governance Committee (RGC) for Business Banking to oversee the risk framework for the Business Ensure the risks associated with new and changed products services and business strategy are sufficiently assessed and mitigated
Develop and manage portfolio monitoring and governance with focus on online channel usage KYC accuracy
Define and implement a sustainable operational process where there is direct impact on Financial Operational Reputational and Regulatory Risks to the company
Create a Control Testing Framework in the Unit for independent validation AML Risk KYC ongoing review and documentation
Act as the checker Business Operational Risk Define and implement a sustainable operational process where there is direct impact on Financial Operational Reputational and Regulatory to the company
Work closely with fraud team to eliminate process gaps to reduce risk and improve controls
Participate in ongoing modification to governance related systems/ modules where required
Interpret new regulatory circulars and develop compliance action plans for implementation
Lead SBP inspections external regulatory audits and follow-up on compliance observations
Perform Business Continuity & Disaster Recovery oversight with relevant teams
Coordinate with Internal Audit to ensure corrective actions are timely implemented
Monitor third-party/vendor risk pertaining to digital integrations service providers and agent network
Prepare monthly/quarterly risk & compliance reports for senior management & Board Committees
Support policy design updates and dissemination for operational compliance
Any other assignment as deemed appropriate by supervisor

Education

Minimum 16 years of education preferably a Business Administration Finance Accounting or related field from an HEC-recognized or equivalent foreign institution
Professional certifications such as CA/ACCA will be an added advantage

Experience

Minimum 5 years of professional experience preferably in a large national/multinational organization
Experience in a bank EMI fintech or regulated financial institution growth functions is preferred

Requirements

Strong understanding of SBP regulations AML/CFT framework & FATF obligations
Analytical mindset with sound risk judgement and decision-making ability
Experience in digital product compliance and technology risk preferred
Excellent communication and stakeholder engagement skills

Age

The candidate should preferably be not more than 40 years of age as of last date of submission of application.

If you have the required experience and educational qualification to take up the challenging role you are requested to apply by December 19th 2025 at

Only shortlisted candidates will be contacted.

COMPANY OVERVIEW: Our client a Karachi-based State Bank of Pakistan (SBP) regulated Electronic Money Institution (EMI) seeks to appoint an experienced professional for the following role: Job Role This position will lead regulatory coordination process governance compliance testing risk ass...