Risk Management and Compliance Director
Delta Pharma
Total years of experience :24 years, 5 Months
Establish Compliance & Risk Management department as per the best practice.
Embed the COSO ERM framework within the company and into day-to-day processes.
Promote a risk culture within the group in order to minimize risks & maximize returns.
Conduct several training and awareness sessions to various layers of employees in order to promote the
awareness of code of conduct, compliance role, and risk management culture.
Conduct the risk assessment for all processes in the company, and building up and maintaining the relavant
risk registers.
Conduct various compliance reviews for key laws, regulations, and business processes.
Prevent, Detect, and Investigate the fraud cases and monitor the whistleblowing issues.
Review and Maintain the Policies and Procedures for the two companies (SOP).
Prepare the Code of Conduct for the whole Group.
Establish the Crisis Management Committee and draft its charter.
Set the Risk Scorecard, the Risk appetite and the risk response plans
Prepare the Credit policy and approve the credit limits for each client.
Set the Business Continuity Plan “BCP” for the Group.
Manage the mega project of Strategy formulation and implementation.
Manage the financial and legal due diligence project for an acquisition deal
Establish the Internal Audit department as per the standards using the risk based approach.
Manage & monitor the COSO and Enterprise Risk Management (ERM) frameworks and its components.
Promote a risk culture within the company in order to minimize risks & maximize returns.
Review and evaluate the YTD actual figures versus the budget and Full Year Estimate.
Review and evaluate the effectiveness of control over the Receivables (DSO), and Payables (DPO) monthly.
Manage the Assets and Stock count for 70 rigs at all location (Egypt, Saudi, Gabon), and analyse the Inventory turnover, Slow moving items, Obsolete items, Materials in Transit, and the consumption pattern.
Prepare and present the balance scorecard to the Senior Management Team in the Quarterly Review Meetings to monitor the actual achievements versus the KPI and objectives.
Review and evaluate the HSSE policies and procedures and ensure appropriate adherence.
Audit the financial statements for each subsidiary and the consolidated ones.
Liaise with the State Auditor while performing the interim audit and discuss the draft report, and presenting the company in the General Assembly.
Manage the centralised audit function (Operationally & Financially) in Egypt. Report the findings to CEO & the Board. As the audit department is centralised, I manage the audit team for various companies in different industries (Real Estate development, Hotels, IT).
•Responsible for the Risk Based Audit assignment in major Islamic banks in Kuwait.
•Assessment of the Strategic Business risks that may affect the bank’s long & short term goals & objectives.
•Verifying & evaluating internal control activities.
•Monitoring management procedures.
•Testing of controls and identifying weakness in internal control systems.
•Recommendations for possible improvements in the internal control procedures.
•Designing the audit programs for Call Centre, Administration department, Human Resources department, two branches, and Credit card and ATM centre.
•Preparing the Process Analysis Document (PAD) for the departments under audit.
•Preparing the Risk register, Business Process Matrix (BPM), and Working papers for the field work done.
•Preparing the audit reports for the auditing departments.
•Discussing the audit reports with the departments’ heads and the audit committee.
-Restructured the retail banking business in a major public sector bank (BPR project with World Bank).
Created the policy and procedures manuals for various lines of business.
Analysed more than 5 different banking applications.
Analyzed, drafted and reengineered huge number of processes.
Implemented reengineered processes in various entities.
Repackaged and developed a portfolio of 10 retail products.
Conducted high valued deals with huge organizations.
Created a Business Performance Measurement Model that has been picked up by HSBC- Middle East regional headquarter as a benchmark for all Middle East sites.
-•Conduct Training sessions for Collection, Risk Management & CACS+ application.
•Generate Management Information System reports.
•Supervise 14 clerks for Credit Card and Personal Loans delinquent accounts.
•Coordinate with Legal Department to raise legal cases, and attend the sessions as a representative delegated by the bank.
•Develop the Annual Operating Plan (AOP).
•Analyse reports of customers’ credit positions to determine the feasibility of active and inactive customers, and to state the over-limit and risky customers’ position.
•Detect fraud and manage the high risk customers (Hard core, write off, and special handling "Fraud Cases") to comply with the bank’s credit policy and facility structure requirements.
•Manage reschedule, restructure, and long term settlement deals for the tough delinquent customers.
Represented HSBC Bank Egypt in the second Regional Best Practice Conference, in HSBC Middle East Region, held in Amman 27-29 October 2002. The conference is held annually for all Credit Management Unit managers across the region to discuss all business related issues.
Operations & Customer Services Section:
•Provide customers and branches with satisfactory responses to their inquiries.
•Implement all back office operations related to customers’ requests.
•Handle Disputes, Chargeback, and suspect cases.
•Manage correspondence with customers, branches and regional headquarter.
Issuance & Compliance Section:
•Review and check all documents presented by the customers to comply them with the credit policy, in order to accept/reject the application.
•Contact the applicants or the branches to complete the missing documents.
•Asses the customers credit position and calculate the Debt/Burden Ratio (DBR) in order to grant the proper credit limit.
Sales & Marketing Section:
•Market the credit cards to non related customers.
•Open Saving, Current, and time Deposit accounts to the cardholders as a cross selling tool.
•Prepare schemes and agreements with Banks, Petroleum and Insurance companies.
•Review and update the credit position of each scheme.
Certified Internal Auditor (CIA) is the highest post graduation certificate in the field of internal audit.
Overall Grade: Good Minor :Statistics Grade: Very good