Aainul Riaz Merchant, CRCMP , ICA Int. Dip. (GRC),CAMS

Experience

• 

  Pakistan Kuwait Investment Company (Private) Limited

  Jan 2004 - Jan 2006

  Officer

  (MIS / Risk Management Department)Department monitors credit risk of the company and conducts other monitoring as per Prudential Regulations. Was responsible for all Internal / External Reporting which involves Financial analysis. The reporting also included SBP reports, credit rating reports and reports to other agencies.Had been actively involved in various projects of the company which includes - Risk Management as initiated by SBP for Basel II Implementation in Pakistan. Have also good knowledge on Operational, Credit and Market Risk. Have also worked on Reporting Chart of Accounts (RCOA), electronic Credit Information Bureau (eCIB), Revamping of Company’s Chart of Accounts as per RCOA and attended various trainings / seminars on Risk Management, Basel and projects. Show less

• 

  UBL - United Bank Limited

  Jan 2007 - Feb 2008

  (Consumer Retail & Credit Department)Was part of Credit Controls team and was particularly looking after Credit Cards. Furthermore; also actively involved in BCP, Consumer Risk Management and other Risk Management projects including BASEL II. Have also conducted In-House trainings of various Consumer Departments. Have also conducted training for Collections department for Pakistan branches. The workshop for Collections department was based on the ethics, Customer service, Etiquettes over phone and understanding of various types of MIS used within the Collections unit. Show less

  • Manager

    Jan 2007 - Feb 2008

  • Manager

    Jan 2007 - Jan 2008
• 

  HBL

  Feb 2008 - now

  Involved in reviewing / vetting of various policies, products and procedures from regulatory compliance, bank’s strategy and policies, internal controls and businesses viability perspective. This also includes review of Products of International Branches keeping in view regulations of respective country. The major subject areas include:• Corporate Banking• Commercial Banking• Human Resources• Retail Banking• Rural Banking• Consumer Banking• Risk Management• Operations• Service Quality• Alternate Delivery Channels (Phone Banking, Debit Card, Internet Banking, Mobile Banking. etc)- Miscellaneous Projects - FATCA Show less Involved in reviewing / vetting of various policies, products and procedures from regulatory compliance, bank’s strategy and policies, internal controls and businesses viability perspective. This also includes review of Products of International Branches keeping in view regulations of respective country. The major subject areas include:• Corporate Banking• Commercial Banking• Human Resources• Retail Banking• Agriculture Banking• Consumer Banking• Risk Management• Operations• Service Quality• Alternate Delivery Channels (Phone Banking, Debit Card, Internet Banking, Mobile Banking. etc)- Miscellaneous Projects Show less Operational Risk Management Department (Global Compliance) - ( Feb 15, 2008 to June 2009)Involved in historic loss data collection; development of RCSA and Key Risk Indicators of various departments of Bank. And converting all the collected data into Business Line and Loss Event Type wise. Have also conducted training session of Management Trainees regarding basics and importance of Operational Risk in Banking Industry.July 2009 to date - Risk and Policy Department (Global Compliance)Involved in reviewing / vetting of various policies, products and procedures from regulatory compliance, bank’s strategy and policies, internal controls and businesses viability perspective. This also includes review of Products of International Branches keeping in view regulations of respective country. The major subject areas include:Corporate BankingCommercial BankingHuman ResourcesRetail BankingAgriculture BankingConsumer BankingRisk Management OperationsAlternate Delivery Channels (Phone Banking, Debit Card, Internet Banking, Mobile Banking. etc) Show less

  • Head Client Acceptance and FCC Advisory / Global Compliance and Conduct

    Apr 2023 - now

  • Unit Head Financial Crime Compliance Policy & Advisory

    Aug 2021 - Mar 2023

  • Senior Manager - AML Advisory, Policies and Procedures

    Dec 2019 - Aug 2021

  • Senior Manager- AML Advisory, Policies and Procedures

    Dec 2019 - Dec 2019

  • Head Of Compliance & MLRO

    Mar 2017 - Dec 2019

  • Head of Compliance & MLRO

    Mar 2017 - Dec 2019

  • Senior Manager - Risk and Policy Department (Global Compliance Group)

    May 2014 - Mar 2017

  • Manager II - Risk and Policy Department (Global Compliance)

    Apr 2011 - Apr 2014

  • Manager I

    Feb 2008 - Apr 2011