Assistant Manager Compliance

Position Description:

The AM Compliance is responsible for ensuring compliance with applicable Laws and Regulations, Policies and Procedure and SECP Directives and Notifications.

Job Responsibilities:

• Preparation of daily Exposure Report of all CIS under the management with respect to applicable NBFC’s Regulations, SECP Directives and respective Offering Documents.
• Preparation of Monthly Compliance Report
• Preparation of Weekly Dash Board
• To ensure compliance of all relevant SECP Directives, Circulars and Notifications
• Review of monthly SCRS returns submitted to the Commission
• Checking of Account Opening Forms with respect to KYC requirements
• Checking of Brokerage Commission
• Checking of Net Asset Value of all CIS with respect to NBFC’s Regulations
• Checking of Group Exposure
• Checking of Fund Manager Report with respect to MUFAP Standard Criteria
• Checking of timely announcement of NAV
• Checking of Commission paid to the Investment Facilitators and Distributors regarding sharing of Management Fee and Sales Load
• Monitoring of compliance to Employees’ Trading Policy
• Monitoring of compliance to Trading Room Policy
• Keep abreast of all related updates on SECP and MUFAP website
• Responsible for providing information to SECP with respect to Offsite Review
• Responsible for providing information to the Credit Rating Agency
• Responsible for all compliance related activities and other tasks as directed by Manager Compliance from time to time

Required Competencies:

To perform the job successfully, an individual should demonstrate the following competencies:

• Strong Team Management skills – a team player with outstanding work ethics and high level of motivation & persistence
• Effective Communication Skills (written and verbal both) – to be able to prepare reports, proposals, job descriptions, policies and procedures.
• Strong Public Relations Skills in terms of conducting interactive public speaking sessions
• Strong Negotiation Skills and the ability to counsel.
• Strong Analytical Skills

Required Education & Experience:

• Minimum BBA/ Graduate from any reputed HEC recognized university or ACCA (in progress)
• Minimum 1-3 years’ relevant industry experience
• Strong knowledge and exposure to NBFC’s Regulations will be an added advantage