Compliance Intern

Job Description

The Compliance Internee is responsible for assisting the Company Compliance Officer and evaluates the compliance relevant rules and regulations & policies.

Key Responsibilities:

Assists in monitoring all the matters related to western union compliance.

Assists in maintaining and reviewing the AML (Anti Money Laundering) and fraud prevention programs to adequately address the needs of business.

Assisting and managing the operational AML and fraud activities.

Collaborates with other departments (e.g., Internal Audit, Operations & HR etc.) to direct compliance issues to appropriate existing channels for investigation and resolution.

Regularly reports to CCO on compliance issues, recommendations, and progress.

Assisting in Western Union & regulatory authorities concerning the matters related to compliance.

Develop an effective training programs (e.g. KYC (Know your customers) and AML (Anti Money Laundering), including appropriate introductory training for new employees, as well as ongoing training for all employees and managers.

Check the implementation of compliance policies and procedures and Standard operating procedures (SOP’s) in head office and all location/branches.

Arrange the compliance visits of all locations /branches and coordinate with the CCO.

Make the complete reports of compliance visits of branches.

Assists in monitoring of the performance of the compliance program and relates activities on a continuing basis, taking appropriate steps to improve its effectiveness.

Assist in State Bank Pakistan Reporting.

Maintain all filling of the compliance.

Other duties as assigned.