Home / Bank Jobs / 655 Bank Al Habib Ltd Jobs Announced, Pakcreamy Jobs 11-02-2017

655 Bank Al Habib Ltd Jobs Announced, Pakcreamy Jobs 11-02-2017

655 Bank Al Habib Ltd Jobs Announced, Pakcreamy Jobs 11-02-2017

 

Job Description

a)        ensuring compliance with the U.S. Foreign Accounts Tax Compliance Act (FATCA) Regulations and OECD’s Common Reporting Standard (CRS) in the Bank, including its        overseas branches and subsidiaries (as appropriate).

b)         analysing changes / modifications in FATCA / CRS regulations and communicating these to the branches and key stakeholders in the Bank in a coherent and logical manner.

c)         monitoring and ensuring that overseas branches / subsidiaries operate in full compliance with the laws and regulations of their respective jurisdictions as regards Anti Money Laundering /           Combating Financing of Terrorism Laws and KYC / CDD guidelines.

d)         identifying and maintaining a record of Non Participating Foreign Financial Institutions (NPFFIs) at the time of account on-boarding as well as during  account maintenance of pre-existing          Financial Institution accounts.

e)         ensuring timely and accurate FATCA / CRS reporting.

f)          identifying material non-compliance of FATCA and / or CRS due diligence requirements and take remedial measures to prevent their recurrence.

g)         liaising with IT to ensure timely development and roll out of fields to capture FATCA / CRS data in the core banking system

h)         establishing policies and procedures to assist overseas branches in implementing AML / CFT and KYC / CDD practices in accordance with the Bank’s policies and regulatory  requirements specific to their jurisdictions.

 

Job Details

Industry:
Banking/Financial Services
Functional Area:
Accounts, Finance & Financial Services
Job Shift:
First Shift (Day)
Job Type:
Full Time/Permanent
Job Location:
Karachi,Pakistan
Gender:
No Preference
Minimum Education:
Masters
Degree Title:
MBA from a highly reputed universities/ACCA
Career Level:
Experienced Professional
Experience:
8 Years – 10 Years
Apply Before:
Feb 15, 2017
Posting Date:
Feb 08, 2017

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