Compliance Officer
Gulf Finance Company
Total years of experience :18 years, 4 Months
Manages the compliance and AML-CTF function.
Establish the Compliance program;
Provides advices on compliance issues to the various departments;
Responsible for the execution of all tasks related to the Compliance Function;
Review all SAMA regulations, primarily Finance Companies Control Law and its Implementing Regulations;
Review the Company policies and procedures to ensure they reflecting compliance obligations including, but not limited, to the Corporate Governance policy, Compliance policy, Anti Money Laundering policy;
Provides reports on a regular basis, and as directed or requested, to keep the Company Audit and Compliance Committee informed of risk of non-compliance
1. Identify and manage all compliance risks and monitor developments;
2. Analyze new procedures, policies and operations, and recommend procedures to address relevant compliance risks;
3. Follow a risk-based compliance program and include its findings in the quarterly report
4. Review compliance-related complaints and prepare written instructions for employees, when necessary.
5. Set internal policies and procedures to combat financial crimes, such as money
laundering and terrorism finance;
6. Monitor compliance with money laundering and terrorism finance laws, regulations, and rules;
7. Promote awareness of compliance issues and train employees on compliance-related matters through periodic programs
8. Report promptly any irregularities or violations to SAMA and the audit committee
Review Operation departments and Branches
Planning the audit assignment, conducting all filed work and writing the final draft audit report for the departments of Riyad Bank using MKinsight audit system.
- Planning the audit assignment by understanding the policy • My core Experience is in the Retail Banking (Branch Auditing):
Team Leader in Eastern Area Branches Auditing. My main Responsibility was execute the audit/consulting process including the definition of work scope, control evaluation, timely communication of issues, coordination of activities (i.e. work timing, auditor assistance, etc.), and issue report activities for assigned audit.
• Team member in several Assignments for example: Marketing Department, Human Recourses Department, Wealth Management, and Account Administration Department, Consumer Loans, and Compliance Department.
• Development of audit programs: Up Dating the audit test based on current auditing practices and procedures.
Helping the auditors in planning the audit assignment, conducting all filed work and writing the Audit report to the branches and the departments of Riyad Bank.
CGPA 2.808 OUT OF 4.00 MGPA 2.9 OUT OF 4.00 Educational Experience General Contracting Company As Accountant from June to November 2002 My role was making daily JL transaction, monthly reconciliations and inters sales invoices, AR, AP vouchers into the system Olayan Internal Audit Department As Co-Op Trainee from June 2000 to January 2001 My role was performing full scope Audit to Companies in Olayan group such as Arabian Health Care Supply Company (AHCSC) & General Contracting Company (GCC) Training • Lead Auditor. (IIR me), Dubai • Auditing Business Systems & Controls. (IIR me), Dubai • Risk Based Auditing. (IIR me), Istanbul • Internal Auditing in the banks. Institute of Banking (IOB), Riyadh • CIA preparation course part I,III & IV (PRC), Riyadh • Customer services course. (Riyad Bank)