Assistant Manager Swift Operations

About the role

The Assistant Manager Swift Operations ensures accurate, secure and timely authorization and release of incoming and outgoing SWIFT messages and international payment transactions. The role involves independently reviewing transactions initiated by makers, validating supporting documentation, ensuring compliance with regulatory requirements and internal policies, and maintaining operational controls to minimize financial, regulatory and operational risks.

Key responsibilities

• Review and authorize outgoing SWIFT messages, verifying MT and MX messages (MT103, MT202, MT202 COV, MT199, pacs.008, pacs.009) and beneficiary details, and reject or return non-compliant transactions
• Ensure compliance with State Bank of Pakistan regulations, AML/CFT requirements and internal policies, including sanctions screening and escalation of suspicious transactions
• Scrutinize high-value and sensitive transactions, validate exchange rates, charges and value dates, and prevent duplicates and fraud
• Monitor SWIFT message transmission, ACK and NAK messages, and coordinate with IT and SWIFT support teams on technical issues
• Review international payment settlements, reconcile nostro accounts, and resolve reconciliation exceptions and returned payments
• Maintain segregation of duties, authorization limits and audit trails, and report daily transaction reports and exceptions
• Support internal and external audits, coordinate with Compliance, Treasury, Trade Operations, IT and Finance, and support SWIFT ISO 20022 and CBPR+ implementation

Required profile

• Bachelor's degree in Finance, Banking, Accounting, Business Administration or a related discipline
• 3-5 years of relevant banking operations experience preferred
• Previous experience in SWIFT operations, international remittances or payment authorization is desirable

Required skills

• Practical knowledge of SWIFT MT and ISO 20022 MX messages
• Understanding of SBP regulatory requirements, correspondent banking and international payment practices