Khurram Pirzada is a Certified AML Specialist (“CAMS”) and currently leads KPMG’s Anti-Money Laundering and Sanctions Advisory unit in Malaysia. He has over 20 years of experience with more than 11 years in the banking sector with extensive exposure to Anti-Money Laundering / Counter Financing of Terrorism (AML/CFT), Sanctions, Regulatory Compliance, Risk Management, Trade Finance business and Operations.
Prior to joining KPMG, he was the Chief Compliance Officer at a Hong Kong-based Swiss Bank for eight years. In that capacity, he supervised the AML/CFT compliance management program and designed and implemented risk assessment framework and policies and procedures.
Since joining KPMG in 2015, Khurram has assisted institutions in designing and implementation of AML/CFT and Sanctions Compliance Programs to ensure they meet regulatory expectations and has led various engagements relating to Institutional ML/TF Risk Assessments, Customer Due Diligence (“CDD”) Review and Remediation, AML/CFT Thematic Reviews, Customer and Product Risk Assessment Model Design, Screening and Monitoring Systems Implementation and Review and Internal Controls Assessment to evaluate the effectiveness and identify improvement opportunities for a wide range of clients across various industries.
Khurram worked on one of the largest engagements out of KPMG’s Advisory in Hong Kong under Managed Services Solution setup as the Director of Policy and Quality Assurance relating to CDD Periodic Review and Remediation for a global Financial Services client, and contributed in developing a tech-enabled, end-to-end CDD solution to achieve high quality results and directly managed a team of more than 100 people.
Khurram, an avid speaker, has presented in various countries, at multiple forums, conferences, seminars and workshops and conducted trainings for Board and Senior Management members regarding AML/CFT developments, economic sanctions in relation to trade finance business, monitoring tools, CDD / EDD and identifying red flags.