EO/AM - AML Compliance

Job Description

EFU Life Assurance Ltd. is seeking a motivated EO/AM - AML Compliance professional with a strong understanding of Anti Money Laundering (AML) regulations and compliance reporting standards. The ideal candidate will have experience working within financial institutions and possess a thorough knowledge of Know Your Customer (KYC) procedures and Customer Due Diligence (CDD) processes. This role requires careful attention to regulatory compliance, ensuring that all internal policies align with current legal requirements and industry best practices. Candidates with at least two years of relevant experience will be well-equipped to contribute effectively without managing a team. This position involves monitoring, analyzing, and reporting suspicious activities while maintaining up-to-date knowledge of evolving AML regulations. The EO/AM - AML Compliance professional will collaborate with various departments to implement and enforce AML policies, conduct risk assessments, and provide support during internal and external audits. Strong communication and analytical skills are essential to uphold compliance standards and protect the organization from financial and reputational risks associated with money laundering and fraud.
Responsibilities
 

• Implement and maintain AML compliance programs in accordance with regulatory requirements and company policies.
• Conduct thorough KYC and Customer Due Diligence (CDD) to verify customer identities and assess potential risks.
• Monitor and analyze customer transactions to identify suspicious activity and report findings promptly.
• Prepare detailed compliance reports and documentation for regulatory authorities and internal reviews.
• Stay informed of updates to AML laws and regulations, ensuring the company's policies remain current and effective.
• Collaborate with different departments to provide guidance on AML regulations and compliance processes.
• Support internal and external audits by supplying necessary information and facilitating review processes.
• Assist in the risk assessment of new and existing customers to prevent financial crimes and mitigate risks.
• Maintain accurate records and documentation related to AML compliance activities and investigations.
• Contribute to the development and delivery of AML training programs to increase organizational awareness and compliance.

Job Skills

Anti Money Laundering (AML) RegulationsCompliance ReportingKYC (Know Your Customer)Regulatory ComplianceCustomer Due Diligence (CDD)

Job Details

Total Positions:

1 Post

Job Type:

Full Time/Permanent

Job Location:

Karachi, Pakistan

Gender

No Preference

Minimum Experience

2 Years