Khurram Iqbal

KYC Onboarding | Transaction Monitoring | Sanctions Screening | FATCA/CRS | Risk Assessment | Customer relationship management

· Assessment of assets portfolio considering risk rating, financial health and industry dynamics. · Ensuring that facility letters and documentation and drawdown of facilities are fully complied with policy and procedure manual. · Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual risk review. · Ensuring the interest rates and utilization of loan and trade facilities are at par with competition. · Ensure compliance of SLAs (Service Legal Agreeement) between Business and Risk Management Group. · Analyze and evaluate risks in order to make accurate predictions of potential financial losses. · Review and audit of RE and TERF Loans of State Bank of Pakistan and preparing/issuing Internal Audit Certificates. · Performing investigation of alerts generated from FCCM, escalating queries to related branched and reporting on suspicious transactions (STR) to the line manager. · Devising and implementing internal controls to ensure compliance with Laws and regulations. · Delivering regular risk analysis and compliance reports to management with deficiencies being pointed out for prompt action to avoid penalties. · Ensuring timely response to matters, queries and questionnaires. · Maintaining frequent correspondence with branches and related divisions for effective compliance of policies and regulations. · Performing sanction and screening of clients to assess positive/negative/partial matches with designated profiles. · Imparting training to employees on their roles and responsibilities pertinent to AML/CFT/PF/TBML compliance.

Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations. Determine internal audit scope and develop annual plans. Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc. Prepare and present reports that reflect audit’s results and document process. Act as an objective source of independent advice to ensure validity, legality and goal achievement. Identify loopholes and recommend risk aversion measures and cost savings. Maintain open communication with management and audit committee. Document process and prepare audit findings memorandum. Conduct follow up audits to monitor management’s interventions.

Skills: Tax Law · Accounts Payable (AP) · Expense Reports · Asset Management · Journal Entries (Accounting) · Cash Reconciliation · Team Motivation · Teamwork · Accounts Receivable (AR) · Presentation Skills · Conflict Management · Microsoft Office · Account Reconciliation · Thinking Skills · Auditing · Financial Regulations · English · Time Management · Value-Added Tax (VAT) · Written Communication · Self-Management · Customer Satisfaction · Budgeting · Tax Preparation · Organization Skills