At Paragon Exchange (Pvt.) Ltd, we are committed to operate within policy and procedures provided by State Bank of Pakistan (SBP) as per Foreign Exchange Regulatory Act 1947 under the guidelines for which SBP issue Exchange Company Manual and time to time issue FE circulars. We have highly educated staff which are ACCA qualified and are highly committed to raise the working standards in our Compliance department. Trainings are timely given to our operational staff for matters such as understanding of all the threats faced by our company including Money laundering, Terrorism Financing and fraud, in prevention to that we give them comprehensive understanding terms and conditions of our products and services, of the policies and procedures of Anti-Money Laundering, Combating Financing Terrorism and Anti-Fraud Policies, Prevention Procedures, KYC/EDD, and customer services etc.
Operations
The Opertions Department is directly responsible for managing the day-to-day operations (and profitability) of the Paragon Exchange (Pvt.)Ltd. Our credibility and good reputation are the fundamental assets upon which we have built our business.We believe every team member has a broad range of strong skills. They are commercially very strong and willing to take calculated risks . The team has strong communication and persuasion skills supported with a strong character . Operations Department give suitable exchange rate from the market to their customers . Every individual has hands on knowledge of the market and we rarely find such people in the market of Pakistan.
Treasury
Treasury Department determines the Company financial strategy and financial policy – advising on what businesses to invest in, organising the appropriate funding for this, and controlling the risk in the organisation.Treasury is responsible for Fund Allocation , identification of risks associated with this activity and for controlling risks that could erode financial strength, using mitigation and hedging techniques and encouraging a culture of sound financial practice.
Accounts
Accounts department of Paragon Exchange (Pvt.)Ltd. is responsible for some key roles, including accounts receivable, accounts payable, financial reporting, maintaining financial controls ,taxation and ensuring the company to keeps a positive net worth value.
HR
Dynamic HR professionals who love to challenge the conventional wisdom and believes in innovation while bringing theory to practice; have strong believe in Strategic HR.This led the Paragon Exchange (Pvt.) Ltd. to venture into a full time Human Resource Management & Development Firm.Expertise of HR is in developing HR processes and embed policies and procedures into Information Systems. Working on various HR related initiatives including deployment of HRIS that will make HR related information readily available and will automate various HR processes.
Administration & security
Having 15 years of vast experience in strategic planning, staffing, budgeting, resource allocation and leadership of administrative field, maintenance, training and logistics. Admin Team has been handling the procurement, control, management supervision of operations,Security and maintenance of entire fleet .Involved at different levels in close coordination, building government relations, media projection, planning and implementation of Corporate Social Responsibility Projects.
Information Technology
Paragon Exchange (Pvt.) Ltd. has a highly professional IT Team having good command over IT and is efficient in managing IT related issues. IT Department is well versed with database functions .Which enables them to help and guide other professionals in accessing and understanding their respective modules and their behavior. Every individual is hard working with positive mind set and working as specialist I.T Administrator. IT Team prompt to provide easy and effective solutions & monitor opportunities, cater to the growing needs of IT, develop policy alternatives,update the security Plan and rapidly implement initiatives for building an nationally competitive IT upgradation .
Customer Support Center
We are committed to exceeding our customer’s expectations by actively engaging with them and ensuring prompt actions for continuous improvement in our products, rate and services.
Marketing
Our Marketing department promotes our business and drives sales of its products and services. It provides the necessary research to identify our target customers and other audiences. We have Social Media Experts to attract our target customers through different media channels.
Our marketing strategy :
- Analyse the different needs of different groups of customers
- Focus on a market niche where We can be the best
- Aim to put most of your efforts into the 20 per cent of customers who provide 80 percent of profits.
Internal Audit
Team of Qualified and Experienced professionals with relevant certifications are entrusted to provide oversight, to the Audit Committee and Board of Directors, of the financial reporting process, the audit process, the system of internal controls and compliance of laws and regulations.