Head - Internal Control Design/ COSO/ Business Process Management
MCB Bank Limited
Total years of experience :21 years, 10 months
Currently heading the Business Process Management Division (BPMD) in MCB Bank Limited, one of the
largest commercial Bank in Pakistan. The purpose of this position is to develop, manage and oversee
operational policies and procedures, maintenance and upgrade of COSO documentation, Compliance with
regulations for Internal Controls over Financial Reporting (ICFR), pre-implementation review of new/changed
business processes & products, and extend functional support for implementation of various business
applications. Also includes management of centralized operational functions requiring major change /
improvement of Applications and Processes on Build, Operate and Transfer methodology as assigned by the
senior management and Group Head Operations.
Have worked as Supervising Senior in A. F. FERGUSON & CO, Chartered Accountants (a member firm of PricewaterhouseCoopers) from June 2006 to December 2007 mainly in the ‘Advisory’ services of the firm. Here my responsibilities included:
Lead team of professional in planning, execution and finalization of advisory assignments of large publically traded clients within extremely strict deadlines maintaining the quality of work as per set standards;
Conducting a complete As-IS study of business processes and financial health of clients;
Development of risk profile of the client using best practices of Risk Assessment and Internal Control Frameworks.
Gap analysis along with remediation
Design and benchmarking of controls and development of audit programs;
Development of Risk Based Audit Methodology and Audit Master Data for internal audit function of client.
Leading the team to perform internal audit for selected functions/ branches
Determine and review the regulatory and legal framework of the client with respect to various local and international laws;
Identification of gaps in existing policies/strategies for Risk Management, KYC, Liquidity/Fund & Asset Management, Investment & Fixed Asset’s Acquisition and Disposal, Product Planning, Fund Mobilization and Non-Performing Loans.
Completed practical training from A. F. FERGUSON & CO., Chartered Accountants, from May 2002 to May 2006. During this tenure, I have gained experience in performing internal and external audits, statutory audits, business process reengineering, due diligence studies and institutional restructuring. Responsibilities included the performance of following major tasks:
Planning, execution and finalization of assignments as per the requirements of International Standards on Auditing (IAS) and pronouncements of the local regulatory bodies;
Preparation and review of financial statements as per the requirements of the International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and local laws and regulations;
Review of various financial statements disclosures as per applicable IFRS;
Analytical and substantive review of financial statements to identify unexpected variances and relevant disclosures as per the requirements of the International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and local laws and regulations;
Preparation of management letters identifying control weaknesses, its implications and recommendations
Supervision and review of work performed by team members;
Establishing and strengthening the cordial relationship with client personnel including top management through liaison and correspondence;
Qualified Chartered Accountant; Completed practical training from A. F. FERGUSON & CO., Chartered Accountants, from May 16, 2002 to May 15, 2006. During this tenure, I have gained experience in performing internal and external audits, statutory audits, business process reengineering, due diligence studies and institutional restructuring.