Page 32 - NIBAF-Training Matters January - June 2023

training, which is mandator
attended by all officers, is

honing the work style of in

through effective deploym

team environment in the tra

where they are made to try
a common task to practice v

team building skills includ

munication and coordinatin

each other while working, d

team’s mission and key mile

establishing and prioritizi
goals etc.
with Python
ary 12, 2023. This program was an

introductory course developed to

Multiple iterations of this
Data visualization is becoming an
help new users understand python

designed training program w
libraries for data visualization and to
essential skill in many industries

and this is specially so for the finan-
equip them with tools to present
conducted at NIBAF-Karachi

participants from SBP. NIBA
data in an easy to understand
cial sector where digital transfor-
mation and customer expectations
designed this program in co
visualization with correct labels

with readable values for quick
tion with M/s Cube Consulti
are causing immense pressure to

innovate and revamp products/pro-
incorporating
various
decision making. The program also
fun

focused on the use of matplotlib to
exercises and engaging disc
cesses while regulatory compliance

has increased requirements for
to reinforce the basic valu
create different charts and building

of the officers. All the exp
vigilance and control.
a basic understanding of Applica-
games and debriefs included
tion Programming Interface to use

training are built around c
Mastering the data visualization
Python libraries for assignments

tools enables professionals to derive
and various data-driven roles and
values of Trust, Team Bondi

Cross Functional Fluidity,
practice session on calling multiple
actionable insights from large and

Oriented,
Python libraries to creating multiple
wi
complex datasets for support in risk
ing
Result

plots. Almost 20 participants from
reporting & analytics, customer
through Collaboration, Open

relationship management, fraud
Transparent Communication,
SBP and Commercial Banks attended

analytics, audit analytics etc. In
ing others and growing thro
the program appreciating the

order to support bankers, develop
feedback. These programs we
content and expertise of the trainer.

data visualization skills that range
conducted by Mr. Uzair Ausa

from visualizing historical trends to
Team Building – Wining it together
a certified Trainer, Facilit

real-time analysis of complex trans-
erator & NLP Coach from the

Fostering a teamwork culture has
of Leadership, British Coun
actions and large volumes of data,

NIBAF-Karachi developed a new
been a top priority at SBP to the
and American Board of Neuro

extent that it is embedded into the
course on data visualization tech-
guistics Programming and a

niques using the most popular
work culture as a “core organiza-
fied Human Resource Practiti

tional value”. NIBAF regularly offers
Python visualization tools. Ms. Farah
from the University of Conc

Canada. Mr. Uzair conducted
team building trainings to help
Mehboob, CEO, Valider (Pvt) Ltd

officers eliminate dysfunctionality
who has extensive experience in
lent sessions with innovati

ties to help participants c
training professionals on Data
from disconnect, break down silos

within the team and promote
visualization, Python, Artificial Intel-
with each other in challeng

scenarios
through
office
ligence and Dashboard creation
collaborative
working
to
bui

close-knitted team that

maximum productivity and a

work environment for all, w

sensitizing participants to

being conscious about the i

tions of their attitude and

at the workplace.

Mid-Career Management

Development Program

(MMDP) – Batch 2

The second batch of MMDP

conducted from January 23 t

February 9, 2023 by NIBAF f

officers who are eligible fo

tion in the next higher gra

program has been designed i

order to provide overview o

Workplace Ethics stages of RBS framework. Ms. Lay Business Writing and focuses on recognizing and under- 2023. The training was conducted Risk Management model under COSO framework initiatives taken by SBP to promote Data Visualization conducted this program on Janu- guided practice. The teamwo

Khurram Aleem Khan from M/s.
SBP BSC against fraudulent activi-
program focused on promotin

Geok Yeo is an expert on digital Reporting Skills standing the need for change and by M/s. NDCTech who is an award- which has been adopted by SBP Environmental & Social Risk Man- Schuitema conducted the sessions ties and to enable them to effective- healthy eating habits.
Public perception is grounded in banking supervision, and technolo- raising awareness on the challenges winning partner of Temenos, work- The “Risk culture” has come to be and SBP BSC as per the Board agement. Almost 26 officers from and discussed concepts of gender ly protect their operations, guided participants on nutr
the way an organization operates gy expert. She has accumulated 20 Effective communication is inevita- with the status quo to contain ing with 100+ banks globally, and embodied as an important element approved ERM framework and SBP and commercial banks attend- sensitivity, unconscious gender bias safeguard customer assets, and cused practices and sustai
and deals with its internal and years of experience in regulatory ble in all walks of life with clear and employee discomfort and resis- offering innovative solutions to of contemporary organizations experiences regarding the ERM ed the training. and discrimination to improve the maintain trust in the financial diets necessary for both me
external stakeholders making it compliance in banking, payment concise writing ability an important tance to change. strengthen their banking capabili- from varied areas acknowledging it implementation journey at SBP organizational performance and system. The training sessions were physical well-being. Part
imperative for organizations that systems, and financial advisory asset in business communication; a ties for the last twenty-two years. as as an object of focus, discussion and SBP BSC. This training was Gender Sensitization culture, sources of biases, fears and facilitated by Mr. Asif Mumtaz, Addi- assessed their cu
carry national significance to model areas, with 15 years based on her well-written note can lead to The program was conducted on The core topics covered during the and in spirit implementation. As attended by 31 officials from SBP biases towards the opposite gender tional Director-IAD, SBP BSC. routines and habits, and un
ethical behavior in all its dealings. various roles in MAS. The first two informed decision while ambigu- March 6, 2023 at NIBAF-Karachi for training included Core-Financial Account- central banks have particular func- BSC. SBP is fully cognizant of the impor- and its root causes, processes in the During the training program, Mr. trainer's supervision,
Un-reprimanded unethical behav- days of the session were dedicated ous or unclear communication can the participants of SBP BSC by Mr. ing Implementation, Accounting tions that set their risk manage- tance of developing and sustaining workplace where gender bias Asif provided comprehensive diet plans and formulated g
ior can destroy the moral fabric of to discussions on the key challeng- confuse, misinform and mislead the Javaid Ahmed Bhatti, Director, setup of Securities application and ment systems apart from other Green Banking an egalitarian organizational occurs, national and international insights into the various elements self-improvement. The pr
an organization, leading to lower es faced during the transition to a management’s decision and also Currency Management Depart- Core-Financial Reporting Imple- organizations, NIBAF-Karachi devel- culture free from stereotypes and data on representation of women in of fraud, characteristics of fraud- also delved into enhanci
productivity, diminished employee risk-based supervisory approach. damage the organizational repute. ment and attended by 18 officers mentation. Mr. Mohsin Raza and Mr. oped a training exclusively for SBP SBP issued the Green Banking any form of discrimination which corporate sector and leadership sters, the fraud triangle concept, quality and establishing
loyalty and comprised reputation The RBS project team presented SBP, being a regulatory body, has a from different offices of SBP BSC. Abdul Samad from NDCTech have BSC officers that focused on core Guidelines to acknowledge respon- may hamper employee success and positions, significance of gender and engaged participants in sleep habits, effective met
for an organization. the key areas where challenges distinct style of communication This workshop comprised of covered these topics using different areas of operations and key risks in sibility of the financial sector and productivity in the workplace. In balance in the society and work- discussions around different fraud improve their sleeping pa
were encountered and how they both within the organization and its pre-reading materials, personality use cases and responded the queries the BSC operations. Since today’s guide the institutions in supporting this endeavor, various sensitization place, and exploring practical steps related scenarios. The training the importance of quality
Hence, NIBAF, through its trainings were addressed. TC experts shared external stakeholders. Therefore, in assessments, individual and group of participants during the sessions. dynamic business environment policy initiatives for transforming a trainings are organized for employ- to reduce gender bias . The trainers sessions were conducted on May 15 overall well-being.
continues to reinforce and uphold their views, and participants asked order to maintain standardization exercises for learning and relearn- Overall 20 participants have attended requires that concepts and skills country’s economy towards a low ees to instill behavioral traits that discussed the importance of & 22, 2023 at NIBAF-Karachi with
the minimum standard that questions for clarity on key issues. across the organization, the ing of the art of Change in the the training from Finance, IT, continue to be updated, this course carbon and climate resilient econo- support development of an empa- gender sensitivity trainings as an participation of 36 officers. The third and final part of
employees must observe to govern Central Bank Digital Currency (CBDC) Risk Based Supervision – 7th Movenpick Hotel in Karachi. The Additionally, the TC experts shared uniform communication style is personal and professional lives. In Treasury Operations, International has been developed to help partici- my. Green Banking envisions incul- thetic and frictionless work effective deterrent against sexual program emphasized on part
themselves within the workplace. and Open Banking and many other Capacity Building Session week-long session was conducted their opinions on some output docu- being followed by SBP and its this context, participants were Markets & Investments, Internal pants’ brush-up their risk manage- cation of environmental conscious- environment. harassment as it helps participants Employee Wellness pants' physical health incl
One-day training on Workplace topics. The training also encom- by TC experts, including Mr. Anatol ments including on-site assessment subsidiaries. With a view to equip asked to complete online IPIP-120 Audit & Compliance and other ment skills to help them navigate ness as part of organizational understand the grey areas of work- bodyweight exercises,
Ethics was conducted by Mr. Sohail passed discussion on global develop- SBP implemented the "Risk Based Monid– Program Director, Mr. Chris reports, off-site monitoring reports, and make the SBP BSC officers Personality Test developed by Lewis relevant departments of SBP. the evolving work environment and culture and reorientation of bank- The Gender Sensitization Training place interaction which can be NIBAF-KHI organized a one-day posture, e
Muhammad Ali, external trainer on ments in digital payments especially Supervision Framework" as part of Cardoza – Program Leader, and Ms. risk assessment documents, and aware of the prescribed formats Goldberg which was followed by work towards meeting business ing products/services and opera- Program at SBP has been designed misconstrued as intentional and newly designed program on workstations, and ergonomic
February 2, 2023. Mr. Ali shared with in the areas of Fintech Facilitation its Strategic Plan. To actualize relat- Lay Geok Yeo- Program Leader. Mr. knowledge of business. The third and communication style, various discussion of individual results. In T24 – BANKING objectives without compromising tions to reduce environmental in coordination with M/s Schuitema inappropriate behavior by the Employee Wellness for the partici- tices for office and
participants the importance of EMIs, Inward Remittances, CBDC ed goals in the area, NIBAF and the Fazal Mahmood, Director-BSD-2, and fourth day were focused on the iterations of the two days training addition to this Mr. Bhatti also risk related protocols. impact of banks and the in a format that encourages partici- opposite gender and inaccurate pants of SBP. The primary objective ments. The trainer demon
organization’s culture assessment, and Open Banking and legal nature Toronto Center (TC) signed a Memo- inaugurated the session and supervision of digital banks, and Ms. program on “Business Writing & discussed in detail the change A one-day specialized training on pants to voice their concerns in a perceptions of gender insensitivity of the program was to equip partici- key physical exerc
Tao of attitude and behavior, differ- of EMIs worldwide. The training randum of Understanding for a welcomed the experts from TC and Lay Geok Yeo led the sessions. Reporting Skills” were conducted at management process, roles of “T24 Banking” was conducted for relaxed and non-judgmental and instances that are concerns of pants with the knowledge and tools cardio fitness, flexibilit
ence between compliance based ended with a discussion of Long Term Country Engagement all the participants. He also thanked Discussions included regulations, NIBAF-Karachi by Mr. Javaid different stakeholders and SBP BSC officers on March 17, 2023 environment and to have an open power dynamics rather than necessary to make informed cular endurance. Moreover,
and ethic based approaches, work- challenges faced in DFS area and a Program to develop and imple- NIBAF for their support throughout licensing, authorization, supervi- Ahmed, Ex-Joint Director-SBP. He challenges faced by any organiza- at NIBAF-Karachi. The program was discussion on their grievances to gender. The trainers also discussed wellness choices aligned with their pants gained hands-on
place ethics practices adopted by promising note on the future road- ment the Risk Based Supervision the seven sessions, considering this sion, and policy issues for digital delivered a comprehensive session tion while implementing change. conducted by Mr. Zeeshan Zafar, develop and support an inclusive what workplace diversity entails long-term fitness goals. The with desk stretches that th
world renowned organizations, map. This one-day program was (RBS) framework which included as a crucial part of SBP’s strategic banks. To develop a clear under- highlighting the challenges for He further briefed the participants Deputy Chief Manager, SBP BSC culture in the organization. This and how to identify and rectify their program emphasized the impor- easily incorporate into the
ethical decision making, ethical attended by participants from SBP, seven capacity building sessions led initiative. Mr. Anatol Monid, the TC standing of the concepts, the TC effective communication, develop- about the business environment of Islamabad and Syed Aamir, Deputy program has been designed with own biases through filters to ensure tance of regular exercise, taking routines to stay focused
principles, limitations and reviving SBP BSC and Commercial Banks. by TC for the SBP officials. From Program Leader, has extensive experts shared different case stud- ing strategy for purposeful business SBPBSC and change management Director, Strategic & Corporate innovative activities that support an environment of inclusion and proper nutrition, and effective strat- getic at work. Towards
work ethics etc. The program was 2018 to 2021, six sessions were experience in conducting supervi- ies, which greatly helped the partic- writing and basic rules to keep in strategy adopted by SBPBSC. Affairs Department, SBP BSC. Since result oriented discussions under diversity. Officers from SBP, PSPC egies for enhancing mental the program, each participa
attended by 15 participants from conducted by TC to facilitate a sion and regulation across many ipants achieve conceptual clarity. mind while writing professionally. Another iteration of this program T24 is widely used as a core banking the guidance of professional corpo- and commercial banks participated well-being. The first iteration of the formulated an individu
SBP and SBPBSC. smooth transition from a compli- regulated sectors. Mr. Chris Cardoza He also covered the types of com- was conducted on March 20, 2023 application across SBP BSC, the rate trainers. Two important in the program appreciating the program took place on May 26, 2023 Plan and established pers
ance-based supervisory approach has been involved with SBP since On the concluding day, Dr. Inayat munication used within SBP and its at NIBAF-Karachi and attended by session was conducted in order to aspects of the program are a focus program content and the trainers with Mr. Tanzeel Raza, a corporate to bring about positive c
Understanding Building Blocks of to a risk-based approach. The RBS the initial stages of the develop- Hussain (DG-Banking & FMRM) and subsidiaries including the official 24 participants (OG-1 to OG-4). provide awareness regarding T24 group session in which both the and further suggested to conduct trainer and fitness expert, as the their daily routines based
Digital Financial Services(DFS) framework was successfully rolled ment of the RBS framework. He has Mr. Arshad Mehmood Bhatti noting, letter, D.O. letter, U.O. Notes, Banking Application and its various genders are divided and encour- these sessions across all levels of facilitator and was attended by 27 learning gained fr
out on July 01, 2021 by SBP. over 28 years of experience as a (ED-BPRG) also joined the session, email, interoffice memorandum, T24 – FINANCE MODULES modules like Banking, National aged to voice their concerns the organization. officers from SBP. The initial part of NIBAF conducted three
As financial institutions observe banking supervisor with the Office during which key takeaways from minutes of the meeting, etc. Prac- Prize Bond, National Saving towards the opposite gender and a the program was focused on of the program over the per
remarkable growth and wide To address challenges and issues of the Superintendent of Financial the session, overall progress of the tice session for drafting the differ- NIBAF has successfully conducted a Schemes and other relevant areas. role-play based ‘Theatre of Intent Fraud Risk Assessment mental health, covering different
acceptance from customers, NIBAF encountered during and after the Institutions (OSFI) Canada and framework and future action plans ent forms of written communica- new training program on T-24 Various issues faced by end users (TOI)’ exercise in which the partici- types of stress and exploring The first iteration of welln
has been offering courses to build transition, the seventh and last played an instrumental role in guid- were discussed. Concluding the tion was also held in the IT Lab Finance Modules comprising almost were also discussed and practical The session was conducted on April economy and the issued guidelines pants perform against a given In the financial sector, fraud risk healthy and effective stress man- took place in May, 2023 w
capacity of digital transformation capacity-building session was held ing the project team during the session, the ED-BPRG and under the guidance of the trainer. six and a half training days delivered system solutions were shared with 4, 2023 by Mr. Mudassir Ahmed, are the first step of the series of SBP script to understand the perspec- assessment plays a critical role due agement techniques and practice received high praise a
teams working in these institutions. from February 6-10, 2023, at the development and implementation DG-Banking & FMRM thanked the in two phases from March 13-22, participants. SJD, Accounts (HOK). Mr. Ahmed is interventions for a sustainable tives of different roles. Such activi- to the ever-evolving threats and of mindfulness as a relaxation tech- from the participants wi
This program has been designed as distinguished TC experts for shar- Change Management a certified CISA and CIA profession- economic environment in the ties help employees examine their reputational risks associated with nique. The second part of the reference to the depth of k
an introductory course to enable ing their knowledge and guidance. al with 20 years of experience in the banking sector. personal attitudes, beliefs in fraudulent activities. Financial
users the spectrum of Digital Finan- They acknowledged significant “Change”, adaptive or transforma- fields of Enterprise Risk Manage- respect of the social construct of institutions must proactively identi-
cial Services and SBP initiatives in progress in the area of Risk-Based tional, is a normal and permanent ment, Internal Audit, Business In order to highlight the impor- gender and enable them to differ- fy, evaluate, and mitigate these
this regard. Mr. Rehman Pervez, Supervision at SBP and stated that element of an evolving organiza- Continuity Planning, and Enterprise tance of climate change and entiate valid and stereotyped fraud risks through regular and
Deputy Director, Payment Systems efforts will continue towards further tion. And since SBP is part of a Risk related consultancy assign- environmental degradation and its assumptions related to gender. The comprehensive fraud risk assess-
Policy & Oversight Department, refinement of the framework. The dynamic financial sector, cultural ments and also has extensive train- impact on the stability of the finan- training further enables the ments. To address this critical need,
SBP with an extensive experience in DG-Banking & FMRM highlighted preparation and conditioning of ing experience in the said areas. cial system, NIBAF-Karachi orga- employees recognize gender roles, two iterations of a one-day training
Digital Finance held a very interac- that in the changing dynamics of employees’ mindset for organic During the training, participants nized a one-day online training on privileges and discrimination within program were organized for SBP
tive session on February 23, 2023. supervision, SBP should also be acceptance of all incoming chang- were briefed about the concepts of Green Banking for SBP officials and genders, rethink their interactions BSC officers, with the primary
He started the discussion with the cognizant of emerging risks such as es, are crucial for frictionless evolu- risk, defining risk from a central commercial bankers. Mr. Zarak from a gender lens and decon- objective of raising awareness
evolution of payments systems and cyber security and climate change. tion within the organization. banking perspective, risk-related Khan, Assistant Director, SH&SFD struct gender stereotypes to build a about the process of identifying,
further shared details regarding the At the end, the DG-Banking & Hence, the change management misconceptions, risks-related conducted the session on April 13, gender sensitive and inclusive work evaluating, and mitigating poten-
building blocks in DFS, Pakistan’s FMRM presented souvenirs to the training is regularly conducted at linkages and trade-offs with 2023 focusing on the nexus environment. tial risks. The training program also
DFS journey from BCO to RAAST in TC experts and thanked them for SBP to help employees smoothly business objectives and risk mea- between climate change risk and aimed to equip participants with
2020, regulatory interventions imparting training and providing adapt to transition in the organiza- surement and quantification tech- financial risk, international practic- NIBAF-Karachi conducted two the necessary knowledge and skills
leading up to the EMI Regulatory guidance to SBP’s officials in bring- tion be it in terms of the organiza- niques. and. The trainer further es and implementation challenges iterations of the program over the to effectively combat fraud and
Framework, innovations such as ing change of supervisory regime. tion goals or processes. The training explained the three lines of defense in the area and overview of other period. Ms. Afia Mansoor and Mr. enhance the overall resilience of
32 Training Matters | January-June 2023