Senior Associate Compliance

Job Type: Full Time

Job Description:

About Us

Neem is an Embedded Finance platform enabling Financial Wellness for underbanked communities. We seamlessly embed financial products and services into communities across diverse sectors, including agriculture, MSMEs, e-commerce, fintech, logistics, healthcare, and others.

We are starting in Pakistan and building for emerging markets. We are headquartered in Karachi with a core team on the ground, however, we work as a globally distributed team also across Islamabad, London, Sri Lanka, and the US.

We are a seasoned team of operators and business builders with global experience and are committed to building a responsible company where people feel safe and themselves. Plus we take our impact on the environment and society seriously.

Learn more about us at

What We’re Looking For

We are looking for a Senior Associate Compliance to join our Neem Team.

What We Offer
Hands-on operating experience of building pioneering digital fintech businesses with a strong social vision for Pakistan and emerging markets together with a globally experienced team of operators, and entrepreneurs
A supportive and inclusive culture designed to help you find your purpose & grow professionally and as a person
Competitive salary base
Technology allowance
Employee stock options scheme
Health and Wellbeing Allowance
Flexible working hours
Option of hybrid working model between the office and remote (where possible)
Your Responsibilities
Support the Head of Finance and Compliance in maintaining a strong relationship with all relevant regulators and external stakeholders
Assist in implementing the necessary controls to ensure compliance with the policies and procedures in line with local (e.g. NBFC Rules and Regulations, SECP Laws and Rules, Companies Act 2017, and Income Tax Ordinance 2001) and applicable international law
Design, implement and monitor control systems to minimize AML related risk
Reporting STR to FMU in case of any suspicion
Assess the efficiency of control systems and recommend effective improvements
Review and evaluate company procedures and reports to identify hidden risks or common issues
Conduct risk assessment and due diligence investigations to help identify potential conflicts and risk areas within various functions
Revise procedures, reports etc. periodically to identify hidden risks or non-conformity issues
Develop and deliver training programs for employees on compliance and ethics
Support in compiling and preparing regulatory reports and submitting them to the Regulators
Research regulations related to compliance and handle regulator base investigations
Draft responses for regulators on observation letters/show-cause notices and surveillance-related emails
Identify and evaluate new vendors related to Compliance and AML related systems.
Develop and manage control systems to prevent or deal with violations of legal guidelines and internal policies
Develop and implement policies and procedures for compliance with laws and regulations
Monitor changes in laws and regulations and assess the impact on Neem
Investigate and resolve compliance-related issues and prepare reports for Management
Work closely with the Head of Finance & Legal team on legal matters to monitor operational legal agreements & ensure adherence to agreed terms and timeline
Work on operationalizing the Lending as a Service (LaaS) Function and coordinate with Partnership Function to onboard new Clients for LaaS.
Provide support in all matter related to compliance and regulations as needed
Your Qualifications, Capabilities and Experience

We are looking for candidates from diverse backgrounds with previous experience preferably working within the startup/digital economy:

You have at least 3 years of working experience in the AML Compliance function
Knowledge of money laundering and terrorist financing rules and regulations to ensure compliance with local and international laws and cover the organization’s risk arising from dealings with current and potential partners, vendors etc.
Knowledge of SECP/SBP regulations
Ability to think creatively and strategically in a fast-paced startup environment
Excellent interpersonal and communication skills
Experience in developing and implementing compliance policies and procedures
Strong organizational and project management skills
Strong risk assessment and due diligence skills

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