Saifuddin Afaq

I am currently working as Senior Manager – AML/CDD Compliance Advisory in UBL (United Bank Limited) and have spent a significant span of career in Standard Chartered Bank. With strong experience (15 +years) in an international bank with 1300+ branches including overseas branches, I feel confident of my ability to significantly benefit your functional domain as well. These days I am onsite in Qatar for an International KYC remediation project which will continue for 6 months. In the past I have also worked in the UAE for such compliance consultancy assignments.

My work experience includes the following areas. Compliance risk event management, risk reporting , KRIs development and monitoring, maintaining database of risk issues and target dates, development of bank wide framework on Risk Control Self-Assessment (RCSA), Preparation of , terms of reference, management MI and (standardized) presentation deck for risk committees. Over the years I have worked for multiple business streams i.e.

Retail

Banking & Private Banking and their corresponding risk and compliance.

SIGNIFICANT ACHIEVEMENTS & EXPERTISE

• Provide advice and analysis in relation to the businesses, including product design, new business initiatives, bespoke projects, and transactional advice on Sanctions & PEPs.
• Establishment of Compliance Risk Management Framework and a program for assuring compliance that supports the transition to pre-emptive compliance and conduct risk mitigation. Preparation of Compliance Risk Matrix which provides a snap shot of business lines in terms of key Conduct & Compliance Risk Metrics.
• Manage effective relationship with all relevant country regulators and contributed in maintenance and enhancement of regulator relationship plan.
• Providing input to Head- Compliance in preparation of annual compliance plan, and reviewing business objectives and compliance indicators. 
• Engagement with the key stakeholders on key projects, system initiatives and to seek extensions on regulatory directives in case of bank`s strategic & operational challenges. Contact point for new Outsourcing Initiatives.
• Awarded “ Best Employee for Middle East & North Africa” out of 8,000 employees for contribution in Standard Chartered Digitization Agenda (Transformation of Back-office Operations)
• Part of the team that has transformed Operational Risk function. Notable achievements include,
• Acceptable Peer Business & Compliance Reviews
• Industry wide lesser local regulatory fines corresponding to other banks.
• Enhanced Ratings in State Bank Inspection (Full Scope)

Thought to write up to you, hoping if my resume (enclosed) can be considered for the captioned opportunity in your work domain

Regards

Saifuddin Afaq

AGENT OF CHANGE: Instituted regulatory-compliant controls, policies and procedures that support business environment and three-fold development for execution at one of the top banks in Pakistan.

• United Bank Limited -1300+ branches
• Standard Chartered Bank (10 years’ experience)

TRAINING & DEVELOPMENT: Developed, implemented, and trained employees on risk-based risk program for Retail Banking especially with regards to regulatory instructions by International and local regulators

FRAMEWORK DEVELOPMENT: Successfully led organization through more than three external regulatory audits covering Retail Banking activities including Retail & Wealth Management.

BUSINESS PARTNERSHIP & ADVISORY: Developed positive working relationships with stakeholders and other business partners to maintain an open environment for collaboration, risk identification, and remediation.

EDUCATION

Institute of Business Management, Karachi

• Master of Business Administration (MBA- Finance) Cumulative GPA: 3.17

Certified Compliance Professional – CCP (Dubai)

• International Academy of Financial & Business Management (IAFBM) March 2017