Elvin Mammadov
Baku
Summary
Graduate of PASHA Holding’s Leading Lights leadership program, an exclusive leadership development track for the group’s high-potential, high-performing young talent cohort, recognized for cross-functional influence, and a calm, structured, low-ego, high-impact leadership style. Serves as a trusted advisor to senior management on sensitive risk matters, fostering an ethical business culture, operational integrity, and continuous control improvement across organizations.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Senior Compliance Officer
"PASHA" Holding
07.2022 - Current
- Delivering high-impact compliance leadership by steering sanctions, AML/CFT, governance, and audit frameworks at the corporate level. Architect and enhance internal compliance and audit mechanisms, including control libraries, annual monitoring plans, thematic reviews, and audit-preparedness protocols. Advise C-suite leadership on audit findings, regulatory exposure, and risk-prioritization, enabling informed decision-making and responsible growth.
Head of Financial Monitoring Department/MLRO
"Rabitabank" OJSC
06.2021 - 06.2022
- Led the bank’s Financial Monitoring Department with full responsibility over AML/CFT, sanctions compliance, and internal control frameworks. Managed transaction monitoring, customer risk profiling, and enhanced due diligence (EDD) for high-risk clients, and cross-border operations. Developed departmental procedures, ML/TF risk controls, and thematic audit mechanisms aligned with national legislation and FATF/EU standards. Coordinated directly with the Central Bank’s Financial Monitoring Service on regulatory requests, remediation plans, and periodic reporting.
Head of Financial Monitoring Division in Financial Monitoring and Internal Control Department
"Azer Turk Bank" OJSC
04.2017 - 05.2021
- Led the Financial Monitoring Division with end-to-end responsibility for AML/CTF oversight, sanctions compliance, and internal control assurance across the bank’s operations. Managed a team responsible for transaction monitoring, customer risk scoring, EDD/KYC processes, and regulatory reporting to the Financial Monitoring Service of the Central Bank. Established and optimized AML/CTF control frameworks, including monitoring scenarios, red-flag indicators, control testing protocols, and remediation plans following audit and regulatory findings.
Chief Specialist Internal Control Department
"Azer Turk Bank" OJSC
04.2016 - 04.2017
- Supported bank-wide internal control activities by assessing operational processes, identifying control gaps, and ensuring alignment with internal policies, and regulatory requirements. Performed regular control testing, walkthroughs, and sample-based reviews of high-risk processes across branches and head office units. Collaborated with Internal Audit, Compliance, and Risk Management teams to provide assurance on the effectiveness of internal controls and contribute to continuous improvement of governance frameworks.
Chief Specialist of AML/CTF Division
"Azer Turk Bank" OJSC
02.2015 - 03.2016
- Oversaw AML/CTF operations with a focus on transaction monitoring, customer due diligence, sanctions screening, and internal investigations. Conducted risk assessments for high-risk customers, products, and transactions, applying enhanced due diligence (EDD) measures where required.
Operations Specialist
Yapi Kredi Bank Azerbaijan CJSC
12.2011 - 01.2015
- Supported end-to-end back-office operations, ensuring accurate transaction processing, documentation control, and smooth workflow execution across retail and corporate banking segments. Handled account maintenance activities, payment processing verification, and reconciliation of transaction data between internal systems. Prepared daily operational reports, coordinated data requests for audits, and collaborated with front-office teams to resolve discrepancies, and improve process efficiency.
Education
Bachelor - Economics
EGE University
Turkey Republic01.2011
Skills
- MS Word
- MS PowerPoint
- MS Outlook
- MS Excel
- Audit preparation
- Internal control management
- Policy development
- Team leadership
- Investigations skills
- Internal controls
- Reporting requirements
- Leadership and people development
Certification
• "ACAMS", 02/18/21
• Internal Audit (CIA Part 1), 04/10/16
• Internal Audit (CIA Part 1), 04/10/16
Personal Information
Date of Birth: 06/01/86
Languages
- English
- Turkish
- Russian
Languages
English
Advanced (C1)
C1
Russian
Elementary (A2)
A2
Turkish
Native
Native
Accomplishments
Leading Lights Leadership Program Alumni
References
References available upon request.
Timeline
Senior Compliance Officer
"PASHA" Holding
07.2022 - Current
Head of Financial Monitoring Department/MLRO
"Rabitabank" OJSC
06.2021 - 06.2022
Head of Financial Monitoring Division in Financial Monitoring and Internal Control Department
"Azer Turk Bank" OJSC
04.2017 - 05.2021
Chief Specialist Internal Control Department
"Azer Turk Bank" OJSC
04.2016 - 04.2017
Chief Specialist of AML/CTF Division
"Azer Turk Bank" OJSC
02.2015 - 03.2016
Operations Specialist
Yapi Kredi Bank Azerbaijan CJSC
12.2011 - 01.2015
Bachelor - Economics
EGE University