• Ensure adherence to Pakistani regulatory requirements (SBP rules, AML/CFT Regulations, FATF best practices) and international standards where applicable.
• Design scalable, risk-based onboarding, screening, surveillance, and reporting processes that enable fast, customer-centric journeys while maintaining robust controls and audit readiness.
• Promoting awareness of ML/TF/PF risk across MMBL and ensuring minimum standards for conducting KYC/CDD.
• Develop, implement, and continuously improve the end-to-end KYC/AML program aligned with SBP regulations, AML/CFT Act, and relevant local guidance.
• Oversee customer onboarding (CDD/EDD), customer risk rating, identity verification, beneficial ownership checks, and ongoing due diligence.
• Lead sanctions, PEP, adverse media screening, and continuous monitoring for accounts and transactions.
• Design and maintain SOPs, playbooks, and escalation workflows for suspicious activity reporting (SAR/STR), regulatory inquiries, and internal investigations.
• Ensure timely SAR/STR filings with the appropriate authorities and maintain complete audit trails.
• Manage risk-based customer onboarding and ongoing monitoring, including automated solutions and manual reviews for high-risk cases.
• Collaborate with relevant stakeholders to implement scalable KYC/AML solutions (identity verification, screening, data enrichment, BE checks, BEPS/EDD automation, sanctions screening, SIEM integration).
• Develop and monitor KRIs/KPIs and dashboards, report risk posture and remediation plans to senior leadership and the Board.
• Build and manage a high-performing KYC/AML team, drive training, capability development, and succession planning.
• Stay current with Pakistani regulatory developments and international standards; lead regulatory examinations and inquiries; coordinate regulatory responses.
• Manage budget, procurement of KYC/AML tools, and data providers.
• Conduct AML/CFT training across the network for developing a better understanding of the subject and regulatory requirements.
Job Requirements:
• Holding a Bachelor’s degree, ACCA, and a Master’s degree will be preferable.
• Have a minimum of 9 – 10 years of relevant experience.
Essential Skills:
• Regulatory Knowledge and Compliance Ethics
• Risk Management and Internal Controls
• Data Analytics and Decision Making
• Stakeholder and Vendor Management
• Leadership and People Development
• Communication and Training
• Project Management and Change Management
• Tech-Savviness and Automation Mindset
Job Locations:
Head Office
About MMBL:
Mobilink Microfinance Bank Ltd. is providing banking services to over 48 million registered users including 20+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 114 branches and 270,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion.
MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.
Why Join MMBL ?
This is an opportunity for someone who is passionate about making a difference and playing a key role in driving transformative change. Our team is committed to empowering millions with the tools necessary to succeed in the digital age, and we're looking for a talented individual to join us in this endeavor.