Atif Rasheed Email & Phone Number

Pakistan

Karachi, Pakistan

Ensure compliance with State Bank of Pakistan's (SBP) regulations and other regulatory and legal requirements. Vet bank’s policies, procedure manuals, Standard Operating Procedures etc. for ensuring the same are in compliance with regulatory instructions. Also responsible for receiving all new SBP instructions and ensuring compliance by approving changes in process/policy, amendment in documents etc.Responsible for implementation of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regime within the bank. Monitor proper working of Transaction Monitoring System (MANTAS) and Name Screening System for compliance with AML/CFT requirements. Also responsible for deciding on and filing of Suspicious Transaction Report to Financial Monitoring Unit.Responsible for training of the staff on AML/CFT. Personally conducted several training sessions.Act as co-ordinator with SBP and investigation agencies. Co-ordinate with SBP inspection team throughout the inspections. Responsible for preparing appropriate points of contest and ensuring compliance of highlighted observations by having close interaction with the relevant departments.Responsible for ensuring implementation of Foreign Account Tax Compliance Act (FATCA) across the network.Submit major findings by Compliance Division to the senior management and Board of Directors.

Karachi, Pakistan

Was responsible for:Compliance with State Bank of Pakistan's (SBP) regulations and instructions. Approved bank’s policies, product program manuals, standard operating procedures etc. after ensuring the same are in compliance with regulatory instructions. Received all new SBP instructions and ensuring compliance by preparing/approving change in process/policy, amendment in documents etc.Implementation of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regime within the bank. Monitored proper working of Transaction Monitoring System (MANTAS) and Name Screening System (HOTSCAN) for compliance with AML/CFT regulations/guidelines and industry bank practices. Was instrumental in implementation of Name Screening system (HOTSCAN). Responsible for filing Currency Transaction Reports and deciding on and filing of Suspicious Transaction Report to Financial Monitoring Unit.Training to the staff on AML/CFT. Personally conducted several training sessions across the country. Also developed a computer-based learning and testing module on AML/CFT.Co-ordination with SBP and investigation agencies. Coordinated with SBP inspection team throughout the inspections. Was responsible for preparing appropriate points of contest and ensuring compliance of highlighted observations by having close interaction with the relevant departments. Also acted as the bank's face with investigation agencies like National Accountability Bureau, Federal Investigation Agency etc. Investigation of all external acts of fraud against the bank, maintaining bank's fraud database, making fraud reporting to SBP, management and Board of Directors.Submitting major findings by Compliance Group to the management and Board Audit Committee.

Karachi, Pakistan

Provided input regarding compliance of SBP regulations in policies/manuals/procedures etc.Provided training/guidance to staff on AML/CFT.Coordinated with SBP inspection and followed up on inspection exceptions for rectification/regularization.

Karachi, Pakistan

Monitored assigned commercial banks through off-site surveillance and on-site inspection. Conducted inspection of local and foreign commercial banks in the areas of capital adequacy, asset quality, management, earnings, liquidity and systems & controls. Checked compliance with Prudential Regulations, Banking Companies Ordinance and other regulatory/legal instructions in the areas of credit and operations.Assessed loan portfolio of the banks for underwriting standards, loan sanctioning process, credit administration & credit monitoring and identified problem loans and potential problem loans.Assessed capital adequacy of the bank to check bank's ability to absorb losses.Evaluated performance of the Board of Directors and line management to assess its ability to address issues faced by the bank and compliance with Code of Corporate Governance.

Multan, Pakistan

Master Of Business Administration (M.B.A.), Accounting

Master Of Business Administration (M.B.A.), Finance, General, 3.0