Awad Alrabaie

Establishing Subsidiaries Audit Division and Fraud Investigation Unit, including development of Audit Manual for Bank Al Jazira Subsidiaries including Al Jazira Capital and Al Takaful Al Tawni, and set a fraud Management System.
Ensure that the Bank’s and Subsidiaries operations are conducted according to the highest standards.
Evaluating and improving the effectiveness of risk management, control and governance processes.
Examine and evaluate the adequacy and effectiveness of the internal control systems to ensure compliance with policies, plans, procedures, and business objectives
Adhere to legal and regulatory requirements, code of conduct, and the implementation of policies and procedures.
Identify and assess potential risks to the Bank’s and Subsidiaries operations.
Assess the means of safeguarding bank's assets.
Follow up on audit recommendations to make sure that effective corrective actions have been implemented by management within agreed deadlines.
Carry out ad hoc appraisals, investigations, or reviews requested by Executive Management, Audit Committee and the Board of Directors.

Manage all aspects of the quality and compliance processes and activities to meet key performance targets and strategic plans of Al-Khabeer and AKI’s compliance functions.
Assist Direct Manager in developing compliance policies and procedures and provide recommendations on best practice compliance control mechanisms.
Assist Direct Manager in developing Anti Money Laundering policies, procedures, systems and controls and compliance with anti Money Laundering legislation and regulations as set out by the CMA/CBB.
Provide updated laws and regulations required from Capital Markets Authority, Central Bank of Bahrain and/or Saudi Arabian Monetary Agency to all business lines for conformity and compliance.
Identify and diagnose scenarios within the organization where compliance activity is required.
Develop and coordinate the delivery of plans to put in place compliance activity where it is otherwise absent or unsatisfactory.
Highlight critical high risk areas within Al-Khabeer and AKI’s compliance regulations which require immediate action to resolve; assist and lead in the development of Procedures as a part of this resolution activity.

Reviewed credit portfolio quality and the related credit management process, Prepared Audit reports, Responsible for ensuring compliance with SAMA rules and regulations,
Ensuring compliance with bank credit policy and procedures, Reviewing of draft credit policies and procedures manuals, Participated and contributed to ad-hoc committees and task forces.

Auditing bank’s Division/Unit and branches including surprise cash-count, Reviewing of draft operation policies and procedures manuals
, Prepared Audit plans and other Administrative arrangements for the Audit tasks, Ensuring compliance with bank policy and procedures
, Ensuring compliance with SAMA rules and regulations, Developed and delivered presentation to staff.

Responsible for the investigation of all fraud against the bank including employee Fraud, Assisted in establishment of Money Laundering Control Unit in NCB,
Responsible for ensuring compliance with issues of Fraud and Money Laundering,
Assisted in developing a “Computer based training program” in English and Arabic languages for the “Prevention of Money Laundering and Fraud”,
Implementation of Fraud Management System - Frame, Represented NCB on the SAMA Bank Fraud Committee representing all Saudi bank