AML / CFT Expert - REMIT Programme

AML / CFT Expert

Background

The Revenue Mobilisation, Investment and Trade (REMIT) programme (2021–2027), funded by the UK’s Foreign, Commonwealth and Development Office (FCDO) and implemented by Adam Smith International (ASI), provides technical assistance to the Government of Pakistan to strengthen macroeconomic stability, enhance governance systems, and improve conditions for sustainable economic growth.

A central component of this support is the implementation of the Prime Minister’s Economic Governance Reforms (PM-EGR), a comprehensive, time-bound reform programme approved on 31 December 2025. The PM-EGR spans 15 priority reform areas and 141 action items and is recognised as a Structural Benchmark under the IMF Extended Fund Facility (EFF).

A key reform area under PM-EGR focuses on strengthening anti-corruption, anti-money laundering, and countering financing of terrorism (AML/CFT) frameworks, aimed at improving financial integrity, reducing illicit financial flows, and enhancing transparency and accountability across institutions.

To support implementation, a Technical Unit (TU) has been established within the Ministry of Finance to serve as the central coordination, analytical, and reporting hub, alongside structured Policy Dialogue mechanisms (Economic Reform Conferences) to review progress and support reform course correction.

Activity Context

Pakistan has made significant progress in strengthening its AML/CFT regime, including institutional reforms, legislative amendments, and improved coordination mechanisms. However, key challenges remain, including:

• Limited integration of AML/CFT measures with broader anti-corruption frameworks
• Weak institutional coordination across enforcement and oversight bodies
• Gaps in risk-based approaches to corruption and financial crime
• Limited use of financial intelligence in enforcement actions
• Capacity constraints in investigation, prosecution, and asset recovery

Under PM-EGR, AML/CFT reforms aim to:

• Strengthen institutional coordination and governance structures
• Improve risk-based approaches to corruption and financial crime
• Enhance financial intelligence generation and utilisation
• Strengthen enforcement capacity and inter-agency collaboration
• Align AML/CFT reforms with broader governance and anti-corruption objectives

The AML/CFT Expert will provide high-level technical advisory support to ensure that reforms are coherent, outcome-oriented, and aligned with international standards, including FATF recommendations.

Job Summary

The AML/CFT Expert will provide senior technical expertise on anti-money laundering, counter-terrorism financing, and financial integrity reforms under PM-EGR.

The role will support reform design, policy dialogue processes, and implementation guidance, ensuring that AML/CFT reforms are effectively integrated into broader governance and anti-corruption frameworks and aligned with international best practices.

Duties and Responsibilities

The roles and responsibilities include, but are not limited to:

• Provide expert technical advice on AML/CFT frameworks, including institutional arrangements, legal provisions, and enforcement mechanisms.
• Support design and refinement of AML/CFT-related reform actions under PM-EGR, ensuring alignment with FATF standards and international best practices.
• Advise on strengthening coordination among key institutions, including financial intelligence, law enforcement, regulatory, and oversight bodies.
• Support development of risk-based approaches to corruption and financial crime, including identification of high-risk sectors and institutions.
• Provide technical inputs on strengthening financial intelligence generation, analysis, and utilisation in enforcement actions.
• Prepare analytical briefs, technical notes, and policy inputs for Technical Committees and Economic Reform Conferences.
• Contribute to policy dialogue sessions through expert participation, including technical presentations and advisory inputs.
• Support development of outcome-oriented KPIs and performance indicators for AML/CFT reform tracking.
• Identify implementation challenges and propose practical, evidence-based solutions to strengthen enforcement and compliance.
• Advise on strengthening asset tracing, recovery mechanisms, and international cooperation frameworks.
• Engage with key stakeholders, including Ministry of Finance, FMU, FIA, NAB, FBR, SBP, SECP, and other relevant institutions.
• Support integration of AML/CFT reforms with broader governance, transparency, and anti-corruption reform efforts.

Qualifications and Experience

• Advanced degree in law, finance, economics, public policy, or a related field.
• Minimum 12–15 years of relevant experience in:
  • AML/CFT frameworks
  • Financial crime prevention and enforcement
  • Governance and anti-corruption reforms
• Strong understanding of:
  • Pakistan’s AML/CFT institutional landscape
  • FATF standards and international compliance frameworks
• Demonstrated experience in:
  • High-level technical advisory roles
  • Working with government institutions and development partners
• Experience in financial intelligence, regulatory frameworks, or enforcement agencies is highly desirable.
• Strong analytical, advisory, and communication skills.

Reporting

The consultant will report to:

• REMIT Macroeconomic Adviser
• Governance & Reforms Specialist (Technical Unit Team Lead)

Duration and Level of Effort

• Days: 22
• Total LOE: 22 Days