Get in Touch
T: +44 20 3695 9251
E: info@grtconsult.com
71-75 Shelton Street Covent Garden, London, WC2H 9JQ
Get in Touch
T: +44 20 3695 9251
E: info@grtconsult.com
71-75 Shelton Street Covent Garden, London, WC2H 9JQ
Amjad is an internationally experienced financial crime and compliance specialist with 20 years experience. His expertise is in enhancing financial crime analysis and reporting tools, designing compliance frameworks and improving controls. Amjad’s most recent work was as a Senior Compliance and Financial Crime Advisor for a UK Challenger bank in the area of Client On-Boarding, Compliance Monitoring and Controls testing. He also supported the MLRO as Deputy MLRO establishing the Compliance and Anti Financial Crime function.
Provided Deputy MLRO consultancy services to MLRO and CEO of UK Challenger Bank to develop and strengthen the Compliance function.
Developed and documented CDD and SAR policies and procedures. Workshopped with client to assess effectiveness of AML and KYC controls, CDD and SARs procedures, and transaction monitoring procedures.
Performed client AML risk scoring reviews aligning to MLR 2017 requirements.
Documented reports for MLRO and CEO providing assurance reports of multiple clients’ AML & Financial Crime framework and controls effectiveness.
Developed and documented Compliance Monitoring Plan (CMP) including controls testing framework.
Organised bank-wide controls tests scheduling, assurance testing, evidence gathering and conclusive report writing, engaging with business heads and stakeholders.
Supported a Global Tier 1 Bank review of the 4th Money Laundering Directive and domestic country regulatory requirements for a KYC Policy review for wholesale, retail and wealth management divisions.
Regulatory Reviews: Conducted gap analysis between the 4th Money Laundering Directive, domestic UK and EMEA regulatory requirements (including BaFin German regulations), industry guidance and the banks’ divisional KYC policies.
Provided PM & SME support for divisional policy review for a major European bank.
Ran Regulatory Impact training and workshops to highlight key regulatory changes, explaining the practical implications of regulatory change business impacts as well as address queries from senior business stakeholders and global Anti Financial Crime team partners.
Drafted financial crime policies for senior stakeholders. Drove Quality Assurance reviews identifying errors across divisional and country policies as well as monitoring for theme and tone consistency throughout these.
Financial Crime Prevention Framework 1LOD and 2LOD risk assessment reviews and documentation and presentation of findings.
Worked at a Tier 1 UK Bank on KYC/AML/STF/ABC and Conduct Risk Assurance regime in preparation of an S166 FCA review.
Specified AML transaction monitoring detection rules, controls and testing plan in “AML Trac”. Threshold setting with enhanced pattern matching investigation methodology and appropriate PEP, Sanctions hits and SARs reporting. TM reports business requirements gathering for IT and new Compliance TM report suites for trend analysis. Performed systems assurance reviewing efficacy of “Actimize” detection models and thematic transaction monitoring alert reviews.
Development of “Tableau” TCF, Conduct and other compliance metrics and MI reporting for senior management.
