Can any body help me regarding choosing correct NOC code. Following are the details pertain to my profile.
The company name: National Bank of Pakistan
Job Title: AML Analyst
Department: Compliance
My Education: Master of Business Administration
The detailed description of the main duties:
· Recommend actions to ensure compliance with laws and regulations, and to protect bank interest from penalties.
· Review client transactions, conduct initial analysis and identify suspicious activity and file required reports (SARS) as appropriate.
· Investigate and assess alerts/cases for potential money laundering risks in the Bank.
· Identify fraud trends, make recommendations for new strategies to prevent additional losses, and assume responsibility for special projects as assigned by Management.
· Conduct periodic internal account/customer reviews to identify potentially suspicious activity.
· Ensure timely, efficient reporting of suspicious transactions to State Bank of Pakistan and the Financial Monitoring Unit of Pakistan.
· Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
· Assist in identifying systematic procedural weaknesses and additional training requirements for the Bank employees.
· Timely execution of instructions received from Government & Law Enforcement Agencies i.e. FBR, NAB, FIA, Anti-Corruption, Police etc of the various segment of the Bank.
· Assist with money laundering related queries/questionnaires received from Corresponding Banks.
· Investigate, review and resolve AML related and economic sanction related alerts.
· Maintain regular contact with branch personnel to obtain necessary information about customers and account activity.
· Update AML / KYC Policy and Compliance Manual and reviewing manual/policies/brouchers of the bank as per management directives and SBP Regulations.
· Deal with all the matters related to the Law Enforcement Agencies i.e. FBR, NAB, FIA, Anti-Corruption, ANF, Police etc. (“LEA”) of the various segment of the Bank.
· Ensure that Cash Transaction Report (CTR) is reviewed and submit within stipulated time period to Financial Monitoring Unit (FMU).
· Performs Enhanced Due Diligence (EDD) on the bank’s higher risk clients on an annual (or more frequent as needed) basis. Works with bank personnel (outside of AML) to ensure documentation is available and complete so that timely Enhanced diligence reviews are aligned with regulatory expectations and requirements.
· Participates in compliance programs and initiatives.
The company name: National Bank of Pakistan
Job Title: AML Analyst
Department: Compliance
My Education: Master of Business Administration
The detailed description of the main duties:
· Recommend actions to ensure compliance with laws and regulations, and to protect bank interest from penalties.
· Review client transactions, conduct initial analysis and identify suspicious activity and file required reports (SARS) as appropriate.
· Investigate and assess alerts/cases for potential money laundering risks in the Bank.
· Identify fraud trends, make recommendations for new strategies to prevent additional losses, and assume responsibility for special projects as assigned by Management.
· Conduct periodic internal account/customer reviews to identify potentially suspicious activity.
· Ensure timely, efficient reporting of suspicious transactions to State Bank of Pakistan and the Financial Monitoring Unit of Pakistan.
· Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
· Assist in identifying systematic procedural weaknesses and additional training requirements for the Bank employees.
· Timely execution of instructions received from Government & Law Enforcement Agencies i.e. FBR, NAB, FIA, Anti-Corruption, Police etc of the various segment of the Bank.
· Assist with money laundering related queries/questionnaires received from Corresponding Banks.
· Investigate, review and resolve AML related and economic sanction related alerts.
· Maintain regular contact with branch personnel to obtain necessary information about customers and account activity.
· Update AML / KYC Policy and Compliance Manual and reviewing manual/policies/brouchers of the bank as per management directives and SBP Regulations.
· Deal with all the matters related to the Law Enforcement Agencies i.e. FBR, NAB, FIA, Anti-Corruption, ANF, Police etc. (“LEA”) of the various segment of the Bank.
· Ensure that Cash Transaction Report (CTR) is reviewed and submit within stipulated time period to Financial Monitoring Unit (FMU).
· Performs Enhanced Due Diligence (EDD) on the bank’s higher risk clients on an annual (or more frequent as needed) basis. Works with bank personnel (outside of AML) to ensure documentation is available and complete so that timely Enhanced diligence reviews are aligned with regulatory expectations and requirements.
· Participates in compliance programs and initiatives.
