Asem Baras GRCP CCO LAW

* Report The NRC & CEO
Establishing the Swelling and Risk Management Department at Retal Company
Supervising the company's listing on the stock market IPO
• Preparing minutes of Board of Directors meetings and the decisions emerging from them.
• Supervising the implementation of company governance procedures through the company policy and the authority matrix.
• Procedures for amending the matrix of powers and policies in line with greater activation of governance.
• Ensure the commitment of all departments to work in accordance with the company’s policies and issue a report on the risks of non-compliance to be presented to the Board of Directors.
• Preparing the company’s risk register through risk leaders in all departments and working to raise awareness of the risks.
• Risk acceptance is prepared by the Board of Directors and is reviewed and evaluated annually.
• Reviewing the company’s governance policies and aligning them with the regulations and requirements of the Capital Market Authority.
• Supervising the follow-up and implementation of the instructions of the Capital Market Authority, the Financial Market, and the Ministry of Commerce, especially the disclosure requirements.
• Preparing a risk report that is presented in the annual Board of Directors report.
• Preparing the annual Board of Directors report in accordance with the requirements of the Capital Market Authority.

1. Oversees and manages compliance issues within an organization, ensuring, SCC is complying with regulatory requirements and that the company and its employees are complying with internal policies and procedure.
2. Conducts assessments to define and analyses possible Non Compliance risks.
3. Evaluates existing policies and procedures of the company following and to find weaknesses in order to make improvement and close the loopholes.
4. Works with various internal departments to assess Non Compliance risk and to advise the rectification methods to avoid the risk.
5. Determines operational excellence by establishing compliance test standards; conducting and witnessing tests; performing diagnostic procedures; measuring performance; analyzing and evaluating findings; performing analysis of failures; troubleshooting failures; supervising sub-contractors.
6. Evaluates employees’ risk awareness and train them whenever necessary thru the Training Department.
7. Evaluates the gravity of each Non Compliance risk by considering its consequences
8. Familiarise the departments with industry compliance standards and regulations in order to cope with SCC on international standards.
9. Designs and processes to eliminate or mitigate potential Non Compliance risks

1. Activation management and team work and improve work performance and staff development and appraisal of their.
2. Reporting daily and weekly and monthly debt collection and credit risk portfolios.
3. The work of the financial studies for clients.
4. Review customer credit status and update information
5. Review the company attribute of credit information in order to check the customer
6. Review of writing contracts with legal administration and ensure proper fit with Legal and the study of risk.
7. Monitoring of sales management and ensure the safety of operations sales.
8. Spare the company risks resulting from oppositions markets and the global economy and local.
9. The collection of bad debts.
10. Save customer data and deal with them.

Highlight:
• came up with the idea of salary increase financing as part of personal financing mechanism in KSA
• Gained all-round experience due to working in different stints and being rotated to different departments wherein handled various Finance Products

Sept 2009 - Present: Senior Officer Operations- Mortgage Finance Product and Investment
March 2009 - Sept 2009: Real Estate Finance Products Department
May 2008 - Feb 2009: Personnel Management Department
April 2006 - April 2008: Personal Finance Sales Department

Over all Key Responsibilities:
• Identifying customer requirements and selling banking products (secured and consolidation loans) as well as researching opportunities to cross-sell investment and mortgage related products.
• Targeting potential clients, expanding current accounts, negotiating and closing revenue-generating relationships with key clients for enhancing profits and market share growth.
• Ascertaining stability between portfolio risk value and personal/business lending. Directing detail financial analysis as per specific industry policies/standards, for customer perusal.
• Efficiently add new sources of revenue generation through development of valuable services and developing appropriate strategies to enhance the profitability of legal/ mortgage departments of the company.
• Attend customer queries/ complaints, took appropriate measures to resolve them. Consulting underwriters to aid to resolve mortgage application problems.
• Implementing all aspects of financial analysis, frame budget, submitted financial reports, forecasting and establishing credit lines with banks and customers.
• Knowledge to frame contracts for real estate sector, evaluating performance of employees conducting market study and set targets for sales staff.
• Preparing report for personal financial services, effectively coordinating with various branches and rectifying problems in regards to funds.

Key Responsibilities:
• Reviewed materials requirements and accordingly authorized purchase orders to ensure continual supply with minimal idle stock.
• Prepared production schedules considered the integration between materials availability, operations performance/capacity and cost factors.
• Evaluated major factors that caused defects and accordingly applied long term plans to counteract them.Analyzed and initiated corrective actions, spearheaded programs for quality improvement, manpower planning.
• Closely reviewed production procedures to assure that optimum efficiency is met with the objective to reduce overall operation costs.
• Drafted various reports in order to provided quick and accurate business overview. Gathered and summarized data for briefs, reports and correspondence