Looking after compliance monitoring

Worked as Manager-Compliance (North Region)

• Identify, Assess, measure and monitor various risks inherent in bank operations.
• Ensure effectiveness & efficiency of operations
• Ensure the reliability of financial statements
• Compliance with applicable laws and regulations.
• Monitoring of branches/departments operations including;
- Safe & Vault key operations;
- Cash handling and Teller operations;
- ATM, Cheque book, and Lockers operations;
- Account opening, amendments and closing;
- Clearing & Collection;
- Local & Foreign Remittances
- Review of branch expense, suspense & Sundry accounts, and etc.
- Undertake all steps deemed necessary to ensure risk free branch banking practice.
- Government treasury Payables

• Ensure the completion of branch review in line with Risk based checklist , Exception reports etc
• Prepare and deliver branch review report to all concerned stake holders.
• Follow up with the branch management for rectification of observation noted during course of branch review.
• Maintain and update branch profile on ongoing basis. Branch profile includes; branch staffing details, key contacts, changing in staff, list of top depositors, notable variation in deposits and reasons, details of major observations/key issues, and etc.
• Conduct off site monitoring of branch affairs including Expenses review and exception reports review.
• To take steps to resolve the queries/problems in their daily work
• Perform any other official assignment/task assigned by Head of branch banking ICU head.
• Prepare and submit monthly report to Unit Head.
• Conduct off-site Review covering surveillance of exception reports and reports specially designed for internal control unit. Report discrepancies to branch and undertake active follow up to resolve all outstanding issues.
• I have also been involved in review of CAD department including review of Car Ijara cases and SME cases.
• Ensure the completeness of job assigned

• Branch Trial Balance, balance sheet, profit & loss account monitoring.
• Month end and year end closing of branch operations for Income, Expenses, Assets & Liability position.
• Taxation of branch, Tax payment to SBP and preparation of monthly return.
• Branch Budgeting
• Payment to Suppliers, employees benefits, utility bills.
• Day end Procedures (Collection, Verification, posting of vouchers and back-up of branch data)
• Profit Distribution (Final Profit, Term Deposits, Fix deposits)
• Issuance of Balance Confirmation Certificates, Proceeds Realization Certificates, Tax Certificates
• Maintenance of Insurance record (Insurance of branch assets and employees heath and group insurance)
• Inter Branch Account Reconciliation
• Fixed asset accounting
• Filing Monthly Foreign Exchange Return to SBP
• Online Transaction execution
• Supervision and review of junior staff.
• Over all understanding of general banking operations.
• Assist Branch manager in day to day affairs.
• General Administration & IT issues trouble shooting

AMPL is the largest Distributor of Pakistan Tobacco Company and Unilever Pakistan Limited in Lahore Region. My duties were as follows

• Stock Reconciliation
• Monitoring of Purchases & Sales
• Reconciliation of Principal Accounts
• Reconciliation of Bank Accounts
• Inventory Accounting
• Physical Stock Taking
• Coordination with external auditors
• Review of accounts receivable and rectification of errors and omissions.

The origins of Sarfraz Mahmood (private) Limited stretch back as far as 1956 and, through successful growth, the firm today is a strong and independent source for Tax and Advisory services with four offices in Pakistan. I have worked at trainee student during my stay.