Senior Officer/Assistant Manager

EClear Services Limited is seeking applications for the position of “Senior Officer/Assistant Manager” in compliance.
Qualification Masters, ACCA Qualified, ICMA or CA finalist.
Experience At least 3 years’ experience in compliance function. Preference will be given to those who have relevant experience of securities/broker industry with exposure to compliance with AML-CFT.
Location Karachi
Skills and Competencies
  • Assist in maintaining and updating the policies and procedures outlined in the compliance manual.
  • Assist in identifying potential areas of compliance vulnerability and risk and in developing and implementing corrective action plans for resolution of problematic issues.
  • Monitor all trading orders to ensure that they are taken according to the market rules and review errors and breaches.
  • Liaise with the local regulators and handle requests.
  • Review KYC/AML documents of the clients of the TO Brokers and activate their accounts on the back office system.
  • Provide various reports to the TO Brokers on a regular basis.
  • Conduct AML checks and monitor clients’ transactional behavior for early detection of any suspicious or unusual activity.
  • Offer regular AML and compliance trainings and advice to staff.
  • Actively supervise Assistant Compliance Officers and ensure that all tasks are done accurately and in a timely manner.
  • Prepare compliance reports on daily, monthly and quarterly basis.
  • Filing of Suspicious Transaction Reporting/Currency Transaction Reporting when necessary.
  • Sanction screening against the UNSCR and NACTA Database.
  • Coordinating with Trading Only Brokers in order to onboard them with EClear Services Limited.
  • Preparing AML monthly, quarterly, half yearly and annual reports.
  • Transaction monitoring of the clients.
  • Ongoing Monitoring of the clients, Customer due diligence, Conducting enhanced due diligence.
  • Obtaining senior management’s approval to continue business with high risk clients.
  • Obtaining and analyzing the client’s source of income.
  • Identification of Ultimate beneficial owners.
  • Monitoring of clients in high risk jurisdictions.
  • Adverse Media Screening, On boarding TO Brokers, Verifying the migration process of TOs.
  • Any other task assigned by manager.
Candidates meeting the above criteria may send their resume by Friday the November 17, 2023 at [email protected] mentioning the position name “Senior Officer/Assistant Manager” in the subject line.