Compliance & Finance Manager
Phillip Futures DMCC
Total years of experience :25 years, 11 Months
The main focus of responsibility is to provide leadership and direction as Head of the Department in the management of financial functions, Compliance & AML policy of the Company. Reporting to the General Manager (Dy. CEO)
> PhillipCapital was established in 1975, One of the Top 10 Executions cum Clearing Broker of Dubai Gold & Commodity Exchange, with offices in financial hubs of 13 countries to provide a comprehensive suite of financial services to retail, corporate and institutional clients, has more than 3000 staff. www.phillip.com.sg/
Managing and controlling all financial and controlling aspects of the company
Part of Local core team, who decides on the structure growth & strategy for the business
Joint Signatory of the company with no limit on Amount
Active Member of Apac (Asia Pacific) Compliance Committee
Handled Exchange & Regulator’s Inspection
Review of controls and compliance procedures related to Risk Management and Market Operations and to ensure total accountability for fruitful monitoring of performance at various level
Conduct Induction Program for new Joiner (including Temp employee)(Education on Account Opening, Compliance, Group AML & Counter Financing of Terrorism Deterrence Policy, Internal Circular, HR policy, Employee Trading and Gift Policy, etc.)
Measures to ensure that ML risk is taken into account in daily operations, including new product development, new client take on and changes in the existing clients business profile by updating client profile Quarterly / Half yearly
Identification, " Verification & Recognizing suspicious Activity (including name & passport check with the help of “World Check” system) & if required reporting the same to seniors & regulators & group MLRO
Establishing & maintaining adequate arrangement for awareness & training, as well as Annual Report to group MLRO on the operation & effectiveness of systems & controls
Overseeing Human Resources and Administration functions
As a true business partner to the CEO, The main focus of responsibility is 1) to assess organizational performance against both the annual budget and company’s long-term strategy, 2) Overlooking Compliance/AML and Operational Matter of the company, 3) Liaising with the DFSA and other regulators, as appropriate. Reporting to CEO
> Authorized Individual (I003490) with DFSA for license activity - Financial Officer and Senior Manager
> Part of the Audit & Risk Committee, responsible for filling Prudential returns to DFSA.
Reporting to Director & CEO. Money care is Part of Money care Financial Services Group and also a Member of BSE, NSE, MCX. www.moneycareindia.in
> Money care is also a sister concern of NR Doshi & Co www.nrdoshi.ae - Member firm of DFK International (300 offices over 75 countries), a prominent CA firm in Dubai Since 1985, having branches in SAIF Zone, JAFZA, Abu Dhabi, Sharjah, RAK Free Zone.
> Providing services in the areas of Statutory Auditing, Management Auditing, Formation of Companies in Free Trade Zones in UAE and other countries, setting up offshore Trust in Tax Heaven countries. Setting up industries in UAE & Gulf countries. Also engaged in business of Software development, providing Financial Advisory Services and Portfolio Management.
Turnover Report Department wise
Presentation of various ratios on Monthly Basis
Monitoring client funds movement and trading activity
Monitoring Operations and Risk Management of the Company at various levels
Monitoring and controlling Clearing and Settlement activities
Reporting to Manager - Conversion. Globeop Financial Services is one of the US & UK based Hedge Fund’s accounting firm into the field of Accounting & Pricing, Month end service providing to their various clients in US & UK by offering automated, specializes in State-Of-The-Art Middle and Back-Office Support Services. Delivers independence, choice and flexibility by Fund Administration and risk measurement needs for Hedge Funds
Providing Consultancy services, Sub broker & Affiliated to Top 5 broker in India who are Member of Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and NSE DRV. Clearing and Trading Member in BSE and NSE Derivatives Segment & also Member of NCDEX & MCDEX.
> A professional firm rendering services in Audit, Company formation, Consultancy, Project reports etc
Manage customer portfolios and offering advisory on equity strategies using long-short, intra day, delivery based, IPO Financing
Verification of Accounts, Finalization of Accounts, Preparation of Statements of Affairs, Ratio analysis, Taxation of Individual, HUF & Corporate, Handle Tax Audit Management.
Gained an all round exposure in Accountancy, Audit, Finance, Taxation, Company Law, other areas like FEMA, FERA etc…and computer application