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 anti-money laundering controls. This position requires a detail-oriented individual capable of interpreting complex regulatory requirements and collaborating effectively with finance, audit, and risk teams to maintain robust compliance and reporting standards.

Key Responsibilities

Regulatory Compliance & SECP Liaison
Monitor, interpret, and ensure full compliance with SECP NBFC rules, regulations, and directives. Prepare, review, and submit all statutory corporate returns, monthly and quarterly financial monitoring reports, and ad-hoc compliance disclosures within required deadlines. Stay updated on changes in SECP regulations and conduct impact assessments on existing financial products and corporate workflows.

Credit Bureau Management & Credit Compliance
Act as the primary contact for data reporting and operational workflows related to the State Bank of Pakistan’s eCIB and licensed private credit bureaus. Oversee the timely and accurate uploading of monthly credit data, ensuring borrower histories, classifications, and outstanding balances are precise. Conduct independent compliance reviews of credit files and underwriting processes to ensure alignment with internal credit policies and regulatory lending limits. Monitor asset classification, credit risk metrics, and non-performing loan provisioning in accordance with SECP and SBP prudential guidelines. Resolve data discrepancies, consumer disputes, and rectification requests promptly and in line with 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 operations. Collaborate with finance and treasury teams to monitor liquidity ratios, asset-liability mismatches, and capital adequacy.

AML / CFT & Internal Controls
Implement, audit, and update Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) policies. Conduct regular transaction screening and Know Your Customer (KYC) / Customer Due Diligence (CDD) audits. Identify and report suspicious transactions to the Financial Monitoring Unit (FMU) as necessary. Work closely with internal and external auditors during annual reviews to validate internal financial control frameworks.

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 or Affiliate), CA-Inter, ACMA, or Certified Compliance Professional (CCP) are highly desirable.

Experience Requirements
A minimum of 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
In-depth operational knowledge of NBFC rules and AML/CFT guidelines in Pakistan. Strong understanding of credit risk principles, financial statement analysis, and credit underwriting frameworks for retail or commercial lending. Proficiency in financial data analysis, advanced MS Excel, and familiarity with core banking or ERP financial modules. Excellent communication and report-writing skills, capable of clearly explaining technical regulatory requirements to financial teams and senior management. Demonstrated high ethical standards, attention to detail, and a proactive approach to risk management.

This position offers an excellent opportunity to develop expertise in regulatory compliance within Pakistan’s financial sector, working closely with key stakeholders to ensure the organization’s adherence to evolving regulatory standards.