Accounts & Compliance Officer

This role is designed for a compliance professional with a strong background in regulatory frameworks governing Non-Banking Financial Companies (NBFCs) in Pakistan. The successful candidate will ensure strict adherence to SECP and SBP regulations, manage credit bureau reporting, and oversee internal controls related to Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT). This position requires a detail-oriented individual capable of coordinating with regulatory bodies, conducting compliance audits, and supporting financial teams to maintain robust risk management practices.

Key Responsibilities

Regulatory Compliance & SECP Liaison
Monitor and interpret SECP NBFC rules, regulations, and directives to ensure full compliance. Prepare, review, and submit all statutory corporate returns, financial monitoring reports, and ad-hoc disclosures within required deadlines. Stay updated on regulatory changes and assess their impact on financial products and internal workflows.

Credit Bureau Management & Credit Compliance
Act as the primary contact for data reporting and operational processes related to the State Bank of Pakistan’s eCIB and licensed private credit bureaus. Oversee the accurate and timely upload of monthly credit data, ensuring borrower histories, classifications, and balances are precise. Conduct independent compliance reviews of credit files and underwriting procedures to verify adherence to internal policies and regulatory lending limits. Monitor asset classification, credit risk metrics, and non-performing loan provisioning in line with SECP and SBP prudential guidelines. Address data discrepancies and consumer disputes promptly, following credit bureau operational standards.

SBP Directives & Regulatory Reporting
Ensure compliance with macro-prudential frameworks and reporting requirements issued by the State Bank of Pakistan relevant to NBFC lending activities. Collaborate with finance and treasury teams to monitor liquidity ratios, asset-liability mismatches, and capital adequacy.

AML / CFT & Internal Controls
Implement, audit, and update AML and CFT policies. Conduct transaction screening, KYC/CDD audits, and report suspicious transactions to the Financial Monitoring Unit as necessary. Work closely with internal and external auditors during annual reviews to validate internal financial controls.

Required Qualifications

Educational Background & Certifications
Bachelor’s or Master’s degree in Finance, Accounting, Law, or a related discipline. Professional certifications such as ACCA (Member/Affiliate), CA-Inter, ACMA, or Certified Compliance Professional (CCP) are highly desirable.

Experience Requirements
At least 1-2 years of progressive experience in regulatory compliance, internal audit, or credit review within an SECP-registered NBFC, Microfinance Institution, Modaraba, or commercial bank. Proven experience in credit handling, loan verification, and financial statement analysis during credit appraisal. Hands-on experience with eCIB software portals, credit reporting protocols, and SECP filing systems is essential.

Technical & Soft Skills
Strong operational knowledge of NBFC rules and AML/CFT guidelines in Pakistan. Sound understanding of credit risk principles, financial statement analysis, and credit underwriting frameworks for retail or commercial lending. Proficiency in financial data analysis and advanced MS Excel, with exposure to core banking or ERP financial modules. Excellent communication and report-writing skills to clearly convey technical regulatory requirements to both financial teams and senior management. High ethical standards, meticulous attention to detail, and a proactive approach to risk management are critical for success in this role.

This position offers the opportunity to work in a dynamic regulatory environment, contributing directly to the company’s compliance and risk mitigation efforts while collaborating with cross-functional teams.