ashraf Albakri

Regulatory Affairs Manager - Corporate Ethics & Compliance, MetLife Gulf (UAE) March 2018- Current
• Responsible for oversight of Regulatory Risk for the Gulf Region
• Support and drive regulatory interactions and business projects in 5 dedicated countries (UAE, Oman, Kuwait,
• Qatar, Bahrain)
• Drive the implementation of all regulatory requirements for all Gulf countries (UAE, Oman, Bahrain, Kuwait, Qatar)
• Supporting the compliance team and all first line of business in implementing AML regulations including regulatory requirements related to KYC, STR Reporting, CDD
• Supporting the EMEA Data Protection Officer in conducting Gap analysis of Data Protection Laws in the Gulf and ensuring the first line of business are compliant with all regulatory requirements
• Supporting the EMEA Data Protection Officer in conducting Privacy Training for all Gulf employees
• Support Global Ethics team in conducting Conflict of Interest (COI) reviews and ensuring all Gulf employees submit disclosure timely
• Supervise Compliance Risk Management Program (CRMP) and issue recommendations to eliminate identified or potential regulatory risks in business and ensures consistent approach.
• Perform regulatory risk and corporate governance testing and monitoring for the Gulf
Partner with the Governance Functions (Risk, Audit, Legal) to identify and advise measures to address any identified control weaknesses.
• Perform Gap Analysis for all regulations including AML (Anti Money Laundry) and Privacy to ensure full compliance
• Perform Quarterly Audit (Testing & Monitoring) for company’s internal controls to identify any issue and ensure action plan executed by business owners
• Perform Ad hoc audit and raise any critical issue with business owners to ensure full risk mitigation and action plan is performed
• Lead Regulatory Change meetings, review business unit regulatory schedules and certifications and assess regulatory risk
• Develop quarterly regulatory risk heat maps for senior management indicating reason for issue and status. Ensure progress of issues by business units.
• Contribute to periodic and ad-hoc Compliance reporting
• Identify, investigate and resolve non-compliant activity within the firm and communicate this to the relevant stakeholders including Senior Management, Internal Audit, Risk, Government Relations and Legal Counsel
• Build strong working relationships with regulators and ensure timely communications and de-escalation of issues identified, in conjunction with Legal Counsel
• Explore and learn about business unit processes and engages in working groups to understand implementation challenges
• Monitor, assess and report local Regulatory developments and work with business units to communicate and implement directives.

8+ years of Risk Advisory Roles Including Internal Audit experience in execution of risk/control based audit assignments, Strategy Consulting and participating in risk assessments, Corporate Governance & Compliance assignments evaluating the internal control systems and recommending improvements.

A leading company in the Manufacturing of Industrial Products based in Austria with 400 employees and € 60 Million in annual revenue, active in 15 countries across Western and Eastern Europe • Worked closely with the company CEO as part of a small team to develop the company new strategy to expand into South and Central-Eastern Europe • Performed a company comprehensive internal Risk assessment and market risk analysis for Albania and Moldova • Our team was responsible for Developing Macro-economic analysis, environmental analysis, Industry analysis, Porter five forces, SWOT analysis, PESTEL analysis, risk analysis, stakeholder analysis, and competitive analysis • Developed a market entry strategy for the company to Albania and Moldova, along with recommending the right entry mode