Compliance Officer

Key Responsibilities

1. Regulatory Compliance & SECP Liaison
·        Monitor, interpret, and ensure full compliance with the SECP NBFC Rules, Regulations, and Directives.
·        Prepare, review, and timely submit all statutory corporate returns, monthly/quarterly financial monitoring reports, and ad-hoc compliance disclosures required by the SECP.
·        Stay continuously updated on changes to SECP regulations, conducting impact assessments on existing financial products and corporate workflows.

2. Credit Bureau Management & Credit Compliance
·        Serve as the primary focal person for data reporting, operational workflows, and data integrity with the State Bank of Pakistan’s eCIB and licensed private credit bureaus.
·        Oversight of the timely uploaded monthly credit data pipelines, ensuring absolute accuracy of borrower histories, classifications, and outstanding balances.
·        Conduct independent compliance reviews of credit files and underwriting workflows to ensure adherence to internal credit policies and regulatory lending caps.
·        Monitor asset classification, credit risk metrics, and non-performing loan (NPL) provisioning against SECP/SBP prudential guidelines.
·        Expeditiously resolve data discrepancies, consumer disputes, and rectification requests in strict accordance with credit bureau operational handbooks.

3. SBP Directives & Regulatory Reporting
·        Ensure alignment with relevant macro-prudential frameworks and reporting mandates issued by the State Bank of Pakistan (SBP) applicable to NBFC lending operations.
·        Monitor liquidity ratios, asset-liability mismatches, and capital adequacy requirements in partnership with the core finance and treasury teams.

4. AML / CFT & Internal Controls
·        Implement, audit, and update the company’s Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) policies.
·        Conduct regular transaction screening, Know Your Customer (KYC) / Customer Due Diligence (CDD) audits, and flag suspicious transactions (STRs/CTRs) to the Financial Monitoring Unit (FMU) where necessary.
·        Actively collaborate with internal and external auditors during annual reviews to verify internal financial control frameworks.

Skills & Qualifications

Educational Background & Certifications
·        Bachelor’s or Master’s degree in Finance, Accounting, Law, or a closely related field.
·        Professional qualifications such as ACCA (Member/Affiliate), CA-Inter, ACMA, or a specialized Certified Compliance Professional (CCP) designation will be highly advantageous.

Experience Requirements
·        Minimum 1-2 years of progressive experience in regulatory compliance, internal audit, or credit review specifically within an SECP-registered NBFC, Microfinance Institution (MFI), Modaraba, or a commercial bank.
·        Demonstrated experience in credit handling, loan verification protocols, or financial statement analysis during the credit appraisal process.
·        Proven track record of directly handling eCIB software portals, credit reporting protocols, and SECP filing systems.


Technical & Soft Skills
·        Deep, operational understanding of the NBFC Rules & Regulations and AML/CFT guidelines in Pakistan.
·        Sound understanding of credit risk principles, financial statement analysis, and credit underwriting frameworks relevant to retail or commercial lending.
·        Strong proficiency in financial data analysis, advanced MS Excel, and exposure to specialized core-banking or ERP financial modules.
·        Exceptional communication and report-writing skills, with the ability to articulate technical regulatory requirements clearly to financial teammates and executives.
·        High ethical standards, meticulous attention to detail, and a proactive approach to risk management.