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 be responsible for ensuring full adherence to SECP and SBP regulations, managing credit bureau data integrity, and supporting anti-money laundering controls. This position requires close collaboration with finance, treasury, and audit teams to maintain robust internal controls and regulatory reporting standards.

Key Responsibilities

Regulatory Compliance & SECP Liaison
- Monitor, interpret, and ensure compliance with SECP NBFC Rules, Regulations, and Directives.
- Prepare, review, and submit all statutory corporate returns, financial monitoring reports, and ad-hoc compliance disclosures to the SECP within prescribed timelines.
- Stay updated on regulatory changes, conducting impact assessments on financial products and corporate processes accordingly.

Credit Bureau Management & Credit Compliance
- Act as the primary liaison for data reporting and operational workflows with 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 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.
- Resolve data discrepancies, consumer disputes, and rectification requests 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 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 Countering Financing of Terrorism (CFT) policies.
- Conduct regular transaction screening, KYC/CDD audits, and report suspicious transactions to the Financial Monitoring Unit as required.
- 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/Affiliate), CA-Inter, ACMA, or Certified Compliance Professional (CCP) are highly desirable.

Experience Requirements
- Minimum 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 portals, credit reporting protocols, and SECP filing systems.

Technical & Soft Skills
- In-depth operational knowledge of NBFC Rules & Regulations and AML/CFT guidelines in Pakistan.
- Strong understanding of credit risk principles, financial statement analysis, and credit underwriting for retail or commercial lending.
- Proficiency in financial data analysis, advanced MS Excel, and familiarity with core banking or ERP financial systems.
- Excellent communication and report-writing skills, capable of clearly explaining complex regulatory requirements to diverse stakeholders.
- High ethical standards, attention to detail, and a proactive approach to risk management.

This position offers an opportunity to work in a dynamic regulatory environment, contributing to the integrity and compliance of a growing financial institution.