Manager ITRS & FX Regulatory Reporting

Easypaisa is Pakistan’s pioneering digital bank, transforming the country’s digital finance landscape. Supported by prominent shareholders including Telenor Group, a leading telecom operator in Asia and the Nordics, and Ant Group, the force behind Alipay, easypaisa provides secure and convenient financial solutions to millions across Pakistan. The bank is seeking a skilled professional to oversee its International Transactions Reporting System (ITRS) reporting to the State Bank of Pakistan (SBP). This role ensures the timely, accurate, and comprehensive submission of foreign exchange transaction reports in strict compliance with SBP regulations, the Foreign Exchange Manual, ITRS guidelines, and other relevant regulatory requirements.

Key Responsibilities:
- Manage the preparation, review, validation, and timely submission of ITRS returns to the State Bank of Pakistan.
- Ensure accurate classification and reporting of foreign exchange transactions under appropriate ITRS schedules and purpose codes.
- Reconcile ITRS data with the General Ledger (GL), T24/core banking system, FX blotters, Nostro accounts, SWIFT transactions, and other pertinent records.
- Investigate and resolve any discrepancies, exceptions, or unmatched transactions in reporting.
- Monitor SBP circulars, regulatory changes, and amendments to ITRS requirements, ensuring their prompt implementation within the bank.
- Provide expert guidance to Treasury, FX, Remittances, Finance, Operations, and IT teams regarding ITRS reporting obligations.
- Serve as the primary liaison for all SBP correspondence, queries, observations, and regulatory inspections related to ITRS and FX reporting.
- Review and maintain accurate mappings of transaction types, purpose codes, currencies, countries, and other reporting fields.
- Coordinate with IT teams and external vendors on automation initiatives, system enhancements, and user acceptance testing (UAT) related to ITRS and FX regulatory reporting.
- Ensure timely resolution of audit and regulatory observations concerning ITRS reporting.

Required Qualifications:
- Bachelor’s degree in Finance, Accounting, Commerce, Economics, or Business Administration.
- 3 to 5 years of relevant experience in banking, preferably within Treasury Operations, FX Operations, Regulatory Reporting, or Remittances.
- Minimum of 2 years in a supervisory or managerial role focused on ITRS/FX reporting or a related function.
- Strong practical knowledge of SBP Foreign Exchange Regulations, the Foreign Exchange Manual, and ITRS requirements.

Preferred Qualifications and Skills:
- Professional certifications such as ACMA, CA, ACCA, or an MBA will be considered an advantage.
- In-depth understanding of ITRS and SBP FX regulations.
- Good knowledge of foreign exchange transactions, settlement processes, and Nostro account operations.
- Familiarity with SWIFT MT/MX messaging standards and core banking systems, preferably T24.
- Strong reconciliation, analytical, and problem-solving skills.
- Advanced proficiency in MS Excel and reporting tools.
- Excellent communication and stakeholder management capabilities.
- Ability to effectively coordinate with SBP officials, auditors, compliance teams, IT departments, and various business and operations units.

This role offers the opportunity to contribute significantly to the bank’s compliance and reporting framework, ensuring alignment with regulatory standards while supporting the growth of Pakistan’s foremost digital banking platform.