Financial compliance senior officer
Arab bank
Total years of experience :16 years, 5 Months
Key Roles:
- Issuing bank financial statements with all related disclosures according to IFRS and CBE regulations
- Monitor and signs off on all financial reports related to external H.O requirements and local regulatory
- Work closely with external and internal auditors to ensure that all financial reports comply with CBE regulations and IFRS
- carrying out all needed activities to ensure that accounting records represents fairly the financial position of the bank
- insure full control on bank s ledger and various products, financial instruments and accounting treatment through building models for error detection
- control and ensure that investments and derivatives revaluation is probably reflected in the financial statements
- Master bank financial statements by providing accurate, reliable, timely, supportive and cost effective financial and accounting solutions as well as best practice performance measurements
- monitor and sign off capital base report and capital adequacy ratio under Basle 2 and Basle 3 requirements
- Examine, develop and manage relevant systems to the bank s accounts and financial reporting, lead the IT migration team from a finance perspective and propose corrective action all while complying with IFRS and CBE regulation requirements
- Monitor all market risk activates on a timely basis. This includes investigation and reporting of excesses for approval.
- Perform daily market data control and validate MTM valuations.
- Production and distribution of daily and monthly reports pertaining to Market Risk.
- Assist in scenario and stress test analysis process of the Treasury portfolio.
- Reconciliation of Treasury P&L as per Market Risk with Financial Control.
- Liaise with internal / external auditors and regulators where appropriate.
- Provide assistance in capital charge computation of Market risk as per Basel II guidelines.
- Participate in Treasury and market risk management system implementation and testing
- Reporting to: Egypt financial controller, Treasury head, ALCO & Market Risk management HO.
- Prepare commentary or explanations of certain ledgers and key changes upon request.
- Responsible for preparing weekly, monthly, quarterly, half annual and annual Egyptian central bank reports.