Junaid Masood is an experienced, senior compliance professional, specialising in designing, implementing and embedding compliance, financial crime (AML/fraud/ABC/market abuse), operational risk and GDPR frameworks.
Junaid has over 9 years of experience leading compliance and financial crime prevention functions in the UK for established multimillion-dollar retail, commercial, private and investment banks. Junaid has advanced implementation experience with the 3LOD model, group-wide compliance programmes, risk-based compliance monitoring programmes and in delivering a wide range of compliance training.
Junaid joined Waystone Compliance Solutions from DF Capital Bank Limited in the UK, a subsidiary of Distribution Finance Capital Holdings plc where he was the FCA-approved Head of Compliance (SMF16), MLRO (SMF17) and ICO registered Data Protection Officer (DPO). In this role, Junaid led the banking licence application for DF Capital Bank Limited and successfully obtained the approval from the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). At DF Capital Bank Limited, Junaid was also responsible for implementing both the GDPR and Operational Risk Framework.
Previously, during his time with J. Awan & Partners in Dubai, Junaid gained significant experience acting as a DFSA approved Outsourced Compliance Officer and MLRO. Prior to this, Junaid was Head of Compliance at EFG Harris Allday (UK), a subsidiary of a global private banking group EFG International, where he designed and implemented a key MiFID II project. Other previous roles included; Head of Compliance (SMF16) at Weatherbys Private Bank (UK) where Junaid was responsible for designing and implementing a financial crime framework; and Head of Compliance (CF10) & MLRO (CF11) at Cambridge & Counties Bank. In addition, Junaid spent five years as a senior compliance manager at Provident Financial Group plc (FTSE 250).
Junaid holds a Master’s degree in financial management from the University of East London, an MBA finance and a BSc in Computer Science. In addition, Junaid is a Certified Anti Money Laundering Specialist (ACAMS), a certified AML FinTech Professional (ACAMS), certified Data Protection Practitioner and holds multiple certifications in compliance and AML from the Chartered Institute for Securities & Investment (CISI), International Compliance Association (ICA) and Global Association of Risk Professionals (GARP).