AML/CFT Manager – Microfinance Banking

About the role

The AML/CFT Manager will lead the implementation and maintenance of the bank’s anti‑money‑laundering and counter‑terrorist financing framework. This role ensures full compliance with local regulations, SBP directives, FMU guidelines and international FATF standards while fostering a strong culture of financial‑crime vigilance.

Key responsibilities

• Assist in implementing and maintaining the bank’s AML/CFT/CPF framework and ensure compliance with all relevant regulations.
• Review high‑risk customer relationships, perform CDD/EDD, and monitor onboarding controls for KYC, beneficial ownership and risk rating.
• Oversee sanctions, PEP and adverse‑media screening activities and coordinate periodic screening of customers and related parties.
• Monitor transaction alerts generated by the Transaction Monitoring System, conduct investigations and document findings.
• Prepare and submit Suspicious Transaction Reports (STRs) to the Financial Monitoring Unit and maintain related records.
• Participate in the annual Institutional Risk Assessment Report and conduct periodic AML/CFT risk assessments.
• Support implementation and enhancement of AML technology solutions, including customer screening, transaction monitoring and sanctions screening tools.
• Coordinate responses to AML observations raised by the State Bank of Pakistan, internal and external auditors, and ensure timely remediation.
• Deliver AML/CFT awareness training, develop materials and promote a compliance‑focused culture.

Required profile

• Strong knowledge of AML/CFT regulations, including the AML Act, SBP directives, FMU guidelines and FATF requirements.
• Experience reviewing high‑risk customers, conducting CDD/EDD and managing sanctions and PEP screening.
• Proven ability to monitor transaction alerts, investigate suspicious activity and prepare regulatory reports.
• Familiarity with risk assessment processes and AML system implementation.
• Experience coordinating audit and inspection responses and delivering compliance training.

Required skills

• Transaction Monitoring System (TMS)
• Customer Screening Systems
• Sanctions Screening Solutions
• PEP Screening Controls
• UAT testing of AML/CFT technology enhancements