Associate Director
Exchange Center LLC
Total des années d'expérience :21 years, 4 Mois
” and managing ten team members.
Key Responsibility Areas:
•Preparation of Group level Risk based Audit plan
•Review of audit program, scope and audit reports for two entities in UAE .( UAE Exchange and Xpress Money)
•Managing complete planning and management activities for ensuring completion of various audit assignment within the time and cost parameters
•Follow up with Management for corrective actions
•Investigation of Financial and non-financial fraud.
•Preparation of group level audit findings deck for GARC (Group Audit and Risk Committee)
•Coordinating with External assurance providers
•Assisting in hiring, supervision and training of internal audit staff
•Reviewing of FS (Functional Specifications) of various application software (front-end and back-end application)
Highlights:
•Introduction of “Qualitative” parameters in Entity’s Incentive plan.
•Part of Project Team for Application Software- NICE Actimze ( AML) and Audit Management Software( RSA Archer)
•Member of Governance Risk and Compliance Committee (GRC), UAE.
•Rendered consultancy in fields such as Treasury, AML, Bank Note Division, Finance & Accounts, Public Relation & Communications, Media Relation, Customer Care, Marketing, Western Union support, Wage Protection System (WPS), MasterCard settlement, PCI DSS compliance, Payment Gateway ( PG) general control compliance, Admin. and HR, Revenue Assurance, Audit of Culture and Time and Motion study
•Hands on experience in BI application; SAP and Qlikview.
•Developed performance matrix for audit department on BSc (Balance Scorecard) method
Key Responsibility Areas:
•Conducted stock brokers audit based on Stock Exchange and SEBI’s guidelines
•Contributed in audit of stock brokers covering client registration documents, risk management system, verification of statutory records, checking of terminal operations and internal control system and review of anti-money laundering policy and its adherence
•Answerable for audit planning execution and ensuring completion of audit within timeline
•Provided feedback to the top management / HO regularly
•Generated periodic reporting to SEBI on major violations observed during inspection of stock brokers
Highlights:
•Rendered suggestions to the software vendor (Stock Broker’s Software Vendor) for improvement in money laundering compliance and exchange settlement
•Advised brokers on modification in issuance of documents process for investor’s different credentials
•Recommended SEBI to add new fields in KYC to protect investor’s confidence and
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