MUHAMMAD KHAN
Sydney,Australia
Summary
Versatile and CAMS-certified professional with expertise in AML/CTF, risk management, and regulatory compliance. Skilled in executing strategic visions with a strong focus on transaction monitoring, KYC, ECDD/CDD, fraud management, and SMR reporting to AUSTRAC. Proficient in banking products, transaction surveillance systems, and management reporting. A proactive problem-solver with operational knowledge and strong stakeholder relationships, dedicated to driving organizational success and growth.
Overview
13
13
years of professional experience
Work History
Senior Analyst AML/CTF
Job Capital
08.2020 - Current
- Mitigate financial risks through enhanced due diligence (ECDD), and transaction monitoring (TM) for individuals, entities trusts, and charities
- Apply AML/CTF and sanctions legal requirements, ensuring compliance with regulations and internal policies
- Investigate financial threats like money laundering, tax evasion, and fraud, focusing on high-risk entities such as PEPs and sanctioned individuals
- Conduct detailed investigations on fraud-related alerts, including identity theft, credit card fraud, insider trading, and corporate fraud
- Audit customer accounts and wealth management products to identify suspicious activities, assessing the source of income and transactions in line with AUSTRAC regulations
- Safeguard the firm's reputation by driving compliance, assessing risks, and escalating issues to concern stakeholder including IT, senior management, change manager etc
- Identify opportunities for continuous improvement and ensure efficient business processes
- Prepare and review compliance reports, conduct due diligence, and stay updated on financial crime trends to escalate high-risk cases
Analyst/ Senior Analyst AML/CTF
Momenta
09.2017 - 08.2020
- Conduct enhanced due diligence on high-risk customers and businesses to detect and report financial crimes and potential economic risks
- Probe into potential financial threats like money laundering, tax evasion, terror financing, s49, LEAs, fraud, and corruption, focusing on high-risk entities like PEPs and sanctioned individuals
- Investigate customer and entity financial activities, preparing compliance and due diligence reports
- Conduct enhance investigation on fraud related alerts such as identity thefts/ takeover, credit card fraud, scams, insider trading, bribery and corruption, medical fraud e.g superannuation claims during covid period and corporate fraud
- Ensure strict compliance with Financial Crime regulations (AUSTRAC) and other relevant legislation, reporting (SMR)
- Regularly review and report on the financial health of customers and businesses, identifying potential fraud risks
- Trend Awareness & Reporting: Stay updated on financial crime trends, share knowledge from training sessions, and escalate high-risk cases to the Financial Crime Compliance (FCC) Line 2 after thorough investigations
- Conduct transaction monitoring and ensure timely review of alerts for Suspicious Activity
- Analyze and conduct Audit on customer's various transactional accounts and other wealth management products or portfolio to identify fraud or any suspicious financial activities, analyse their source and origin of income, expenses, source of wealth, and source and destination of IMT to identify frauds and other misconduct as per AUSTRAC regulatory obligations & AML CTF Part B
Financial Crime Compliance Associate
Standard Chartered Bank
12.2015 - 12.2016
- Assist stakeholders in decision-making based on current and future policies, practices, and trends
- Monitor and advise on the interpretation and application of regulatory expectations, laws, and best practices related to Financial Crime Compliance (FCC)
- Adhere to AML/CTF/CDD/Sanctions policies and procedures, and provide guidance on Group standards
- Collaborate with business units to investigate AML and CFT alerts/cases
- Aid in developing controls for transaction monitoring and ensure timely review of alerts for Suspicious Activity Reporting (SAR)
- Ensure SARs are accurately prepared and submitted as per local regulatory requirements
- Assess client details to determine potential AML/CTF risks, especially with high-risk customers like PEPs, those under sanctions, or involved in bribery
- Oversee technical aspects of systems like ECDD/CDD, client assessments, and AML monitoring
- Apply risk analytics tools to optimize detection scenarios
- Ensure alignment of systems to industry best practices, maintain updated watch lists for screening, and ensure databases are current
- Uphold the highest ethical standards, conduct business objective reviews, and perform User Acceptance Testing (UAT) for reports to mitigate risks
Financial Crime Compliance Manager AML
Samba Bank Limited
02.2014 - 02.2015
- Identify significant trend or pattern through investigation of alerts and disseminate relevant information to Appropriate Department with bank
- To obtain feedback, coordinate and follow up with Business and Operation Team, as part of the AML alert Handling, and activity in customer accounts as considering possibilities of PEP, Sanctions, Corruptions, and fraud
- To monitor alerted customer accounts and to identify & escalate suspicious transactions and activity to AML Unit Head
- To assist AML Unit Head in the preparation of STRs! SARs for further reporting to the Financial Monitoring Unit (FMU)
- To compile and report CTRs to the Financial Monitoring Unit (FMU)
- To assist Business Staff in the matters of AML KYC and to provide advice on AML-CTF-KYC Policies & Procedures and AML/CFT Regulations as and when required
- To review and perform assessment of SAS AML system periodically, report system issues related to system Performance! Alert generation! Customer demographic issue to AML Unit Head
- Provide support and guidance for on-boarding of small to medium clients to specialist product
Financial Crime Compliance FCR Analyst
Standard Chartered Bank
07.2011 - 01.2014
- Proactively support the transaction surveillance unit in Pakistan, ensuring adherence to bank's group standards to protect its reputation and prevent financial loss
- Uphold local laws, regulations, and group policies for money laundering prevention
- Comply with AML policies and procedures, demonstrating sound judgment
- Maintain an inquisitive approach, personal authority, and integrity
- Investigate alerts from DETICA and A/NORKOM promptly and in line with approved DOIs
- Ensure timely reporting of suspicious transactions to regulators
- Conduct thorough due diligence to prevent the bank's reputational risk and money laundering
- Collaborate effectively with branches, ARM, and various business units for timely responses
- Foster cooperation within Legal & Compliance and related units
- Review Customer Due Diligence (CDD) to mitigate operational risks
- Handle SAR/STR reporting and fraud case investigations
- Prepare and present aging reports on alerts and cases to the Country head FCIO
- Address system errors to Management and IT support, and work on referrals from various locations
- Advise Management on efficiency improvements
- Participate in assignments like BRD preparation, Ds efficiency, and DOI amendment
Education
Anti Money Laundering Specialist
ACAMS
United States08-2022
Masters of Business Administration (MBA) - Finance
Muhammad Ali Jinnah University (MAJU)
M.A - Economics
University of Karachi
PakistanAreas of strength and expertise
- Deep understanding of AML/CTF regulations, financial crime risks, and related legislation.
- Strong knowledge of risk typologies, indicators, and warning signs.
- Ability to anticipate and adapt to emerging regulatory and operational risks.
- Practical approach to solving risk and compliance challenges.
- Excellent communication, prioritization, and task execution skills.
- Strong analytical, problem-solving, and risk-based decision-making abilities, with data analytical skills and attention to detail.
- Self-motivated with enthusiasm and initiative.
- Proficient in Microsoft Office and learning Python.
References
References will be furnished upon request.
Timeline
Senior Analyst AML/CTF
Job Capital
08.2020 - Current
Analyst/ Senior Analyst AML/CTF
Momenta
09.2017 - 08.2020
Financial Crime Compliance Associate
Standard Chartered Bank
12.2015 - 12.2016
Financial Crime Compliance Manager AML
Samba Bank Limited
02.2014 - 02.2015
Financial Crime Compliance FCR Analyst
Standard Chartered Bank
07.2011 - 01.2014
Anti Money Laundering Specialist
ACAMS
Masters of Business Administration (MBA) - Finance
Muhammad Ali Jinnah University (MAJU)
M.A - Economics
University of Karachi
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