Senior Manager Business Credit and Risk Management Audit
Bank Al Bilad
Total years of experience :21 years, 1 Months
As Head of BCRM Audit team my core role is to provide assurance to Board Audi Committee on effectiveness of control environment within Retail, Corporate, Treasury business lines and adequacy of relevant risk management practices. Lead and manage team of 14 auditors and fully responsible for audit of Corporate, Retail Banking portfolio, liquidity risk management and Risk Management function. Focused guidance with clear objectives was provided to audit team in order to complete the audit assignments with high quality and expected timelines.
Below are key audit areas which I managed successfully:
Credit Risk Management Framework: Evaluate the soundness of credit granting process, appropriateness of risk rating process, Intensity of Relationship Management, efficacy of watch listing process, credit administration and monitoring function, adequacy of provisioning and effectiveness of distressed asset management activities. Different suggestions were provided to enhance this process.
Risk Assets Quality: Review of overall portfolio composition/attributes to assess that bank’s risk taking is within approved risk appetite threshold. Based on audit suggestion, new risk matrixes were introduced to monitor portfolio quality.
Credit review at obligor level is performed to evaluate appropriateness of facility structure, adequacy of collaterals, cash flows projections, relevant covenants, ORR accuracy, completeness of loan documentation and relationship intensity.
Model Governance Framework: Key Models include Rating & Scoring Model, IFRS9 Impairment and ECL Models, PRRBB, Stress Testing Models and Retail Scoring Models.
Retail Lending Process (end-to-end). Major Products include Local Share Finance, Real Estate Mortgage Products, Auto Business, Credit Card.
Operational Risk Management and Anti-Fraud Risk Management Framework. The role of 2nd line of defense is critical and such risks requirement a proactive risk management to support bank’s control environment.
Internal Capital Adequacy & Assessment Process - ICAAP. Reviews are performed to assess that
bank’s risk profile has been adequately captured and presented to SAMA.
Treasury Business. Money Market activities, Asset Liabilities Management, FX Business, and Financial Institutions are reviewed to determine effectiveness of Liquidity Risk Management Framework.
Develop and execute risk based annual audit plan.
Supervised all audit assignment, allocate mandays, and 100% completion of audit plan despite staff shortage.
A dedicated audit tool "TeamMate" is utilized for audit planning, fieldwork and reporting.
was associated with KPMG Al Fozan & Al Sadhan - a Saudi Arabia member firm of KPMG International since November 2006. During my association with KPMG, I have had extensive assurance experience in Banking Companies, Manufacturing and Trading Industries.
I was working as a Senior Auditor in the audit department of KPMG Saudi Arabia.
My responsibilities include:
Planning, Supervision and Finalization of statutory and financial audits, interim review engagements and engagements on agreed upon procedures.
Review of compliance with International Financial Reporting Standards and generally accepted accounting practices by the companies being audited and providing them professional advice over their compliance status.
Review, evaluation and suggesting recommendations on system of Internal control.
Regulatory certifications.
Portfolio of audits, reviews and other assignments(Regulatory Special Examination)
An audit firm affiliated with International firm Deloitte subsequently affiliated with Polaris International, having well reputed & leading clients of Pakistan. My responsibilities include:
Doing audit of financial statements as a Semi Senior & Senior of Banks, Trading & service industries
Coordination with clients
Doing accounting & consultancy assignments of leading clients. •
Worked as an accountant since Jan 2003 and handling all finance matters, directly reporting to GM of the company. I have worked on Peachtree software for keeping all accounting records.My major responsibilities include:
Preparation of all financial statements
Preparation of all reconciliations
Handling Payables & receivables
Handling all the receipts, payments & bank accounts
Have cleared 8 out of 14 papers for ACCA
Bachelors in Commerce