Exciting Career Opportunity at Soneri Bank: Unit Head – Trade Based Money Laundering

Are you an experienced professional looking to make a significant impact in the field of compliance and anti-money laundering? Soneri Bank is offering an opportunity to join its Compliance Control and Investigation Group as a Unit Head – Trade Based Money Laundering (TBML).

Position Overview

Position Title: Unit Head – Trade Based Money Laundering
Grade: Vice President (VP)
Location: Al-Rahim Tower, Central Office, Karachi
Application Deadline: 7th January 2025

Key Responsibilities

In this role, you will:

• Advisory Leadership: Provide timely and accurate advice to the Chief Trade Officer (CTO) and business functions regarding Trade AML Advisory to meet internal and regulatory requirements.
• Risk Management: Lead a team to effectively manage risks related to trade sanctions, TBML, and other associated compliance challenges.
• Transaction Oversight: Offer guidance on business transactions involving sanctioned or high-risk countries to prevent breaches of trade sanctions, regulatory violations, and TBML-related issues.
• Reporting: Oversee the preparation and timely reporting of Suspicious Transaction Reports (STRs) for review by the CAMLO/CCO before submission to the Financial Monitoring Unit (FMU).
• Training and Awareness: Actively participate in bank-wide training programs on AML/CFT/PF/TBML to enhance the compliance culture, either as a trainer or an attendee.
• Trend Analysis: Conduct trend analyses and provide status reports to management in line with bank policies and prescribed timelines.
• Audit and Improvement: Review internal and external audit findings, develop remedial action plans, and implement continuous improvement strategies in TBML processes.

Qualifications and Experience

• Education: Master’s degree from an HEC-recognized institution.
• Experience: Minimum of 10 years in trade operations, governance, and/or trade compliance.
• Technical Expertise:
  • Familiarity with trade finance operations and SBP TBML frameworks.
  • Proven ability to analyze trade documents from trade sanctions and TBML perspectives.
  • Experience working in an automated transaction monitoring environment is preferred.

Why Join Soneri Bank?

Soneri Bank is committed to building a strong compliance culture and is recognized for its focus on excellence and innovation in banking. By joining the team, you will be at the forefront of implementing advanced compliance strategies and contributing to a safer financial system.

How to Apply

If you meet the qualifications and are ready to take on this challenging yet rewarding role, send your application to CCIG.Career@soneribank.com by 7th January 2025.
Make sure to mention the position title in the subject line.

Equal Opportunity Employer

Soneri Bank is an equal-opportunity employer and values diversity. Only shortlisted candidates will be contacted for the interview process.

Take the next step in your compliance career with Soneri Bank and help drive excellence in trade-based money laundering prevention!