Muhammad Omar Fayyaz

A financial services professional leading the AML/CFT Unit in Mobilink Microfinance Bank Limited. Having 10 years work experience in AML/CFT Compliance and different Branchless Banking (JazzCash) segments i.e. M-Wallets, OTC, Digital Payments. I joined AML/CFT unit during the development and integration with Branchless Banking and liaison with VEON Group for policy & procedures implementation. Proven track record of deployment of entity wide AML/CFT Transaction Monitoring System and mechanism of AML/CFT reporting to regulator. Further, I am also a Certified AML/CFT Professional (CAMLP) recognized by Institute of Financial Markets Pakistan (IFMP).

• End to end implementation of Anti Money Laundering (AML)/Fraud Prevention System integrated with multiple data sources.
• Successfully led and executed the expense claim disbursement project of Jazz and MMBL employees into M-Wallets via Mobile Money Platform.
• Successfully developed and implemented liquidity management model for LSO Loan disbursement and Collection.

• 05/01/19, Present, Mobilink Microfinance Bank (Head Office), Islamabad, Islamabad, Manager AML/CFT (AVP), Responsible to Investigate and assess screening and TMS alerts for potential ML/TF/PF risks., Prioritize and assign the screening and TMS alerts/cases to AML analysts generated by TMS., Monitor TMS alerts generation, closure and review customer accounts to identify & escalate suspicious transactions and activity to Head AML/CFT and Chief Compliance Officer., Review of new product and processes in terms to AML/CFT., Ensure updating the policy and procedures relating to Sanctions Screening, Transaction Monitoring and reporting to the regulatory body as per set frequency., Train and provide guidance to AML Analysts on systems and/or AML related cases and matters., Review and assign the screening alerts for compliance with sanctions administered by regulatory regimes such as the OFAC, UN, EU, UKHMT and NACTA etc. and provide judgment regarding match validity or escalate the case to Head AML/CFT for expert opinion., Responsible to maintain the various MIS presentations and Reconciliation dashboards on quarterly basis for internal and management/board reporting., Assist and actively engaged with the Head AML/CFT in providing/improving new ideas/methodologies and threshold and parameterization of Transaction Monitoring scenarios., Ensure detailed and prompt investigations of all Sanction Screening & AML incidents and manage resolution of cases through internal and external communications., Responsible to develop and execution of training to the Bank staff in coordination of HR & Trainings regarding AML/CFT regulations, Bank Policies and regulatory guidelines and sanction., Ensure timely support for decision made by CFT Desk and perform regular and periodic assessment of AML/CFT risk profile w.r.t Person, Products, Channel & Geography., Ensure support to Head AML/CFT during SBP Inspections and completion of remedial activities in collaboration with other stake holders.
• 05/01/19, Present, Mobilink Microfinance Bank (Head Office), Islamabad, Islamabad, Assistant Manager Sanction Screening (AML/CFT), Lead and monitor the AML/CFT team performance., Ensure up-to-date review and revisions of applicable policies and procedures., Train and provide guidance to Junior AML Analyst on systems and/or AML related cases and matters., Conduct enterprise wide risk assessment in terms of AML/CFT and recommendation & implementation of controls to mitigate the risks., Prioritize, select, and review the alerts/cases generated by Transaction Monitoring System and acquire required information/documents as per Alerts Generation and Management Framework., Review CFT alerts for compliance with sanctions administered by regulatory regimes such as OFAC, NACTA, UNSC, and EU and provide expert judgment regarding match validity., Ensure Lookback Sanction Screening of Bank's legacy portfolio (Core Banking, Branchless Banking, Home Remittance)., Actively engaged in providing/improving new ideas/methodologies and fine-tuning of Bank's sanction screening KRIs., Ensure detailed and prompt investigation of all Sanction Screening (CTF) incidents cases and manage resolution of cases through internal and external communications., To train the Bank staff regarding AML/CFT regulations, Bank Policies and regulatory guidelines and sanction regime.
• 10/01/17, 05/01/19, Mobilink Microfinance Bank (Head Office), Islamabad, Islamabad, AML Analyst, Implementation of Automated Customer Screening from the sanction lists in all the branches., Responsible for managing AML/CFT/Sanctions Screening Risk through monitoring of exceptions generated through transactions and general relationship maintenance and on-boarding., Understand and proactively highlight ML/TF risk during transaction analysis., Responsible for raising Suspicious Activity Reports (SAR) to SBP after complete analysis has been done on the transaction and discussed with the AML Head., Responsible to review high risk account opening across Consumer/Corporate Banking., Managing the periodic revision of CDD for individual/corporate relationships., Country level management of the AML alert monitoring and continuous effort for the improvement., Conducting quarterly review of KRI and escalating /reporting where breach is identified., Responsible for highlighting any AML related issues to cluster/ region and work closely for the resolution.
• 11/01/13, 10/01/17, Mobilink Microfinance Bank (Head Office), Islamabad, Islamabad, Branchless Banking Executive (HRSG Contract), Review BRDs and proposals of new products & projects., Responsible for the disbursement & execution of different JazzCash promotions and incentive to S&D channel (both retailers & Franchises)., Working in cross-functional teams to drive all stakeholders in line with the segment strategy., Reconciliation and reporting of project wise funds utilization to Bank's management and MFS., Daily monitoring, reporting and developing different dashboard for management & KPIs reporting.
• 07/01/12, 08/01/12, Telenor (formerly Tameer) Microfinance Bank, Pakistan, Intern, Learned knowledge and skills of Branch Banking and Branchless Banking (EASYPAISA)., M-Wallet (L0/L1) registration at the front end., Account Opening & Loan Disbursement at Branch end.