Financial Settlement, Payroll & Reconciliation Unit:
Job Responsibilities are as below:
Responsible for reviewing/updating GL reconciliation accounts, such as understanding the transaction flows/patterns therein in comparison with Switch data.
Settlement and reconciliation of Cash Withdrawal / IBFT / UBPS / POS Purchase / Bulk Disbursement transactions. Report unsettled transactions to relevant dept for settlement & posting reversals within TAT.
Reconcile Income General Ledgers and other settlement accounts.
Responsible for handling system-generated alerts (Transaction Monitoring/Screening) that are addressed on time without compromising on quality.
Salary/funds disbursement of corporate client, fetch customer’s data, deduction of annual / chip charges.
Formulate and disburse Incentive/ Normal monthly Commission of Agents.
Coordinate with the clients for commission approval and realization of service charges.
Reconciliation, balancing and deduction of commissions/fee from corporate clients.
Preparation & Submission of Daily / Weekly / Quarterly / Annually MIS reports.
Well-versed in the handling of all ADC-related transactions as per SBP regulations/guidelines & Bank SOP.
Carry out other relevant reviews/analyses depending on the requirement Responses to queries of ADC-related transactions Liaison with internal/external stakeholders i.e., ADC Business, Branches, Local Acquiring Banks, etc.
To monitor & reconcile all ADC-related financial entries i.e., IBFT / IFT posted in GL accounts
Effective time management, multi-tasking, and Strong analytical and communication skills.

Performing the due diligence of clients, requesting the KYC information, documentation, review and verification of received documentation and making an analytical risk assessment for clients.- Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file- Identify red flags, suspicious activity, investigate patterns / typologies and work on appropriate solutions- Perform AML investigations by reviewing and analyzing financial transactions and customer data- Prepare reports that clearly describe transaction details, analysis, and investigation findings with supporting documentation- Reporting suspicious transactions- On-going sanction screening- Closure of sanction screening alerts with proper case management and record of proper evidences/communications.- Implementation of the company\'s AML/CFT compliance policy.- Following AML/CFT regulations and laws.- Specific tasks which may rise from time to time