Muhammad Aali Waqar
Assistant Manager Risk & Compliance at Fidelity Insurance Brokers Private Limited- Claim this Profile
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English Professional working proficiency
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Urdu Native or bilingual proficiency
Topline Score
Bio
Credentials
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STR FOR TRADE TRANSACTIONS ! GO AML
MentorpakJun, 2023- Nov, 2024
Experience
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Fidelity Insurance Brokers Private Limited
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Pakistan
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Insurance
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1 - 100 Employee
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Assistant Manager Risk & Compliance
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Dec 2022 - Present
Manage monitoring Developed, initiated, maintained, and revised policies and procedures for the general operation of the Compliance Program and its related activities to prevent illegal, unethical, or improper conduct. Collaborated with other departments (e.g., Risk Management, Internal Audit, etc.) to direct compliance issues to appropriate existing channels for investigation and resolution. Identified potential areas of compliance vulnerability and risk; developed/implemented corrective action plans for resolution of problematic issues, and provided general guidance on how to avoid or deal with similar situations in the future. Provided reports on a regular basis, and as directed or requested, to keep the Corporate Compliance Committee of the Board and senior management informed of the operation and progress of compliance efforts, State/Federal Examinations, etc. Show less
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Jubilee Life Insurance Company Ltd.
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Pakistan
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Insurance
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700 & Above Employee
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Risk Management Compliance & Quality Assurance Executive
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Sep 2019 - Dec 2022
Manage monitoring financial Transactions, Identifying and Reporting suspicious transactions (STR) filling . Giving response to inquiries/letters/queries of regulatory bodies / law enforcement agencies like SECP and Coordinating in Compliance Management. Manage monitoring financial Transactions, Identifying and Reporting suspicious transactions (STR) filling . Giving response to inquiries/letters/queries of regulatory bodies / law enforcement agencies like SECP and Coordinating in Compliance Management.
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Al Meezan Investment Management Limited
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Pakistan
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Investment Management
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500 - 600 Employee
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Risk Management Compliance & Quality Assurance Officer
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Nov 2018 - Sep 2019
To highlight issues related to AML to the AML Manager. Identify AML system issue and report to the supervisor. Assist in Transaction Monitoring System (TMU) up gradation/enhancement and conduct require testing for TMS stability to assist the AML Manager & AML/CFT/ Sanctions Unit Head and Group Head Compliance in other assignments and delegated activities, as and when required. To highlight issues related to AML to the AML Manager. Identify AML system issue and report to the supervisor. Assist in Transaction Monitoring System (TMU) up gradation/enhancement and conduct require testing for TMS stability to assist the AML Manager & AML/CFT/ Sanctions Unit Head and Group Head Compliance in other assignments and delegated activities, as and when required.
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Sabco Enterprises Inc
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United States
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Construction
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1 - 100 Employee
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Audit Compliance Manager
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Nov 2017 - Nov 2018
Review & monitor transactions in customer accounts as per Alert Handling Procedures. - Coordinate with stakeholders for resolution & to investigate/report suspicious transactions to Financial Monitoring Unit (FMU). Provide day-to-day guidance to the business/employees regarding compliance with local & other anti-money laundering laws & regulations. Ensure smooth review of the AML monitoring activities by Auditors and Inspectors. Review & monitor transactions in customer accounts as per Alert Handling Procedures. - Coordinate with stakeholders for resolution & to investigate/report suspicious transactions to Financial Monitoring Unit (FMU). Provide day-to-day guidance to the business/employees regarding compliance with local & other anti-money laundering laws & regulations. Ensure smooth review of the AML monitoring activities by Auditors and Inspectors.
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Askari Bank
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Pakistan
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Banking
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700 & Above Employee
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Risk Management Compliance & Quality Assurance Officer
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May 2014 - Oct 2017
Checking of compliance report and make sure that branch performing their task according to compliance. Checking CDD report in order to make sure that account is open according to KYC. Collection of feedback of every customer Analysis statically of feedback forms and follows up Daily, weekly, monthly and annually report to Distribution Head Maintain. Ensure timely reporting of STR & CTR to SBP Checking of compliance report and make sure that branch performing their task according to compliance. Checking CDD report in order to make sure that account is open according to KYC. Collection of feedback of every customer Analysis statically of feedback forms and follows up Daily, weekly, monthly and annually report to Distribution Head Maintain. Ensure timely reporting of STR & CTR to SBP
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Bank Alfalah Limited
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Pakistan
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Banking
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700 & Above Employee
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Service Quality & Compliance Officer
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May 2011 - May 2014
Checking of compliance report and make sure that branch performing their task according to compliance. Checking CDD report in order to make sure that account is open according to KYC. Collection of feedback of every customer Analysis statically of feedback forms and follows up Daily, weekly, monthly and annually report to Distribution Head Maintain. Ensure timely reporting of STR & CTR to SBP. Checking of compliance report and make sure that branch performing their task according to compliance. Checking CDD report in order to make sure that account is open according to KYC. Collection of feedback of every customer Analysis statically of feedback forms and follows up Daily, weekly, monthly and annually report to Distribution Head Maintain. Ensure timely reporting of STR & CTR to SBP.
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Shami Associates
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United States
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Architecture and Planning
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1 - 100 Employee
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Finance and Administration Manager
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Jan 2008 - Dec 2010
As a Finance and Admin Manager my duties were. Drafted schedule for construction employees. Ensured staffing requirements were met for each project. Supervised construction staff and deal with employee issues. Hired specialized contractors for landscaping and masonry as needed. As a Finance and Admin Manager my duties were. Drafted schedule for construction employees. Ensured staffing requirements were met for each project. Supervised construction staff and deal with employee issues. Hired specialized contractors for landscaping and masonry as needed.
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Education
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2008 - 2010
Al-Khair University
Master of Business Administration (M.B.A.), finance and banking
Community
