Assisstant Vice-President
Mashreq Bank
Total des années d'expérience :19 years, 2 Mois
- Conducting audit to identify the control gaps and providing recommendations to enhance the control environment with least impact on business/cost.
- Value-addition by suggesting ways to improve the operational efficiency, cost savings, reducing redundancies and usage of automated systems for better workflow.
- In-depth analysis and evaluation of transaction data and practices against prescribed guidelines (including AML/ KYC)/ procedures/ processes.
- Training to team-members on advance use of MS-Excel, preparation of SQL queries, etc.
- I have devised risk-control model for the audit department which is used to assess the risk and requirement of the testing procedures.
I have also been selected in the leadership talent pool (Mawaheb Program), which comprises of less than 200 staff across the Bank.
- Leading five different teams with nine team-members
- Stabilizing and establishing processes of new teams after transition from American Express, Inc.
- Conducting billing audits of an annual expense exceeding $1.50 Billion, with core objective to recover excess money paid to vendors. Objectives also included identification of frauds, plugging control gaps and highlighting potential risks.
- In-depth data analysis and review of contracts of various products and services.
- Support to Vendor Management Group by periodical reporting to Executive leadership, collecting information through surveys and meeting compliance requirements (like MA Regulations, SOX requirements)
- Financial Health review of the vendors using data published at Standard & Poor and Dun & Bradstreet.
- Reporting to Vice-President in our headquarters at Minneapolis, US
- Performed test of design and test of operating effectiveness for SOX compliance audit of processes like Bullion, Commodities, Inventory funding, Cash, Share-capital and Dividend.
- Assisted in preparation of the risk control matrix and anti-fraud schemes as per SOX requirements.
- Internal audit of the retail advances, retail branches, wholesale banking operations and depository operations.
- Identified and investigated frauds with an application of forensic techniques.
- Using unique techniques to unearth malpractices and fixing the accountability after proving it with evidences.
- Prepared SQL queries for the audit team to improve the efficiency and effectiveness of the observations.
- Participated in branch meetings to highlight value addition approach of audit and advised them on issues in relation to banking in practice.
- Suggested processes, identified Risk and reviewed regulatory compliance for implementation of better control.
- Prepared standard auditing procedures, checklists and audit programs in addition to timely completion of assigned calendar.