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Hamza Reza

MLRO & Deputy Compliance Officer

confidential

Location:
United Arab Emirates
Education:
Master's degree, Finance
Experience:
13 years, 4 months

Work Experience

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List all relevant responsibilities, skills, projects, and achievements against each role.  If you're a fresh grad, you can add any volunteer work or any internship you've done before.
Add Experience

Total Years of Experience:  13 Years, 4 Months   

January 2014 To Present

MLRO & Deputy Compliance Officer

at confidential
Location : United Arab Emirates - Dubai
Currently working for a Category 4 DFSA regulated firm, reporting directly to the SEO & Board of Directors. My responsibilities include:

* Ensuring compliance to the DFSA regulations.
* Proper and effective implementation of the Compliance Monitoring Program (CMP).
* Timely management reporting.
* Staying informed on all regulatory matters.
* Leading discussions on AML/CTF and Compliance issues during regulatory meetings.
* Ensuring effective implementation of the AML & Sanctions Screening program.
* Developing Compliance & AML/CTF training programs for staff
April 2011 To December 2013

Compliance Officer

at Alfalah Exchange Company - Head Office, Abu Dhabi, UAE
Location : United Arab Emirates - Abu Dhabi
Operating from the Head Office, my responsibilities include:
• Developing, reviewing and updating policies and procedures related to AML & KYC.
• Ensuring compliance of Alfalah Exchange Company's AML/KYC policy at all levels of the organization.
• Ensuring the compliance of the Central Bank of the UAE’s regulations.
• Responding to all inquiries and/or investigations from the Central Bank.
• Monitoring and analyzing transactions for possible ML/TF and reporting suspicious transactions to the Central Bank.
• Daily remittance uploads onto the Central Bank’s online server.
• Liaison with the internal, external auditors and Central Bank auditors for AML/KYC audits.
• Liaison with Correspondent Banks for completing annual AML/KYC documentation and handling all compliance inquiries.
• Providing Customer Due Diligence advisory and conducting enhanced due diligence whenever necessary.
• To ensure timely renewal of all AML/KYC certificates.
• Liaison with all compliance inquiries/investigations raised by the FERG.
• Provide support and guidance to branches on AML/KYC issues.
• Preparing, arranging and conducting regular AML/KYC trainings for Managers and staff members.
• Providing guidance to branches on AML/Compliance issues.
• Advocating a Risk Based Approach and ensuring
compliance to the same.
May 2010 To July 2010

Internee

at Trust Investment Bank (Islamabad, Pakistan).
Location : Other
Tasks assigned were mostly back-office work, including verification of client records, maintaining correspondence with clients, maintaining petty cash records, also accompanied Branch Manager in meetings with clients for deposits.
June 2007 To July 2007

Summer Trainee

at Union National Bank
Location : Other
Training was mentoring based. Worked with Managers of Operations, Treasury and Credit Administration Departments for hands-on experience in day to day work. Trained at Central Processing, Treasury Settlements and Capital Market Departments and later in the Credit Administration Division, thereby gaining knowledge in Clearing, Collection, Remittances, setting up of Credit Limits and Documentation.

Education

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August 2010

Master's degree, Finance

at Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST)
Location : Pakistan - Islamabad
Grade: 3.35 out of 4
MBA CGPA: 3.35

MBA Scholorship awarded in Fall Semester, 2008.

MBA Research Project Topic: The Need for a Developed TFC Market in Pakistan

Term Finance Certificates (TFCs) have increasingly become an important source of Private Sector financing in Pakistan. Like all emerging economies, financing in Pakistan is dominated by Banks. My study gives a brief overview of the TFC market in Pakistan and identifies the major impediments to TFC market growth and the solutions to eradicate them.

Major findings included lack of benchmark rates, absence of a secondary market, low Per Capita Incomes and investor ignorance as the main impediments to TFC market growth. Proposed solutions were to launch a secondary market for TFC trading, reduce TFC application expenses (registration fees, listing fees, credit rating expenses, etc) and reduce TFC lead times by introducing a new application system consisting of fewer 'hassles' for companies.
October 2008

Bachelor's degree, Finance

at Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST)
Location : Pakistan - Islamabad
Grade: 3.28 out of 4
CGPA: 3.28

BBA Research Project Topic: Analysis of Customer Perceptions about Islamic Banking.

Major objectives of this study were to analyze the general perceptions of customers about Islamic Banking in Pakistan. Similar studies have been conducted in the UK, Malaysia and the Middle East (by students of Wollongong University Dubai) but no analysis was done in the context of Pakistan - so this was another reason for venturing into this topic.

The time frame of the study was 34 days and the data (customer perceptions) was gathered through questionnaires. The results indicated a huge lack of awareness of Islamic Banking, Islamic Banking Products and the element of Interest as the only differentiating factor between Islamic Banking and Conventional Banking. A large majority of the respondents also considered adopting Islamic Banking as a moral and religious obligation.

Specialities & Skills

Client Due Diligence Analysis

AML Policy Writing and Reviewing Skills

Training and Coaching Skills

Communication Skills

Client Relationship Skills

Transaction Monitoring and Analysis

Presentation Skills

Suspicious Activity Reporting

Risk Based Approach

Customer Risk Scoring

AML Compliance

Correspondent Banking Relationships

La diligence raisonnable

Conformité

Sanctions

Languages

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English

Expert

Urdu

Intermediate

Arabic

Beginner

Memberships

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Your professional memberships provide an informative signal about your career aspirations, so add them!
Organization : Association of Certified Anti Money Laundering Specialists (ACAMS)
Membership/Role : Active Member
Member since : July 2014

Training and Certifications

Conference on AML & Financial Crime ( Training )

FERG
June 2013

Requirements of the FATF Recommentations of 2012 & Online STR System ( Training )

Central Bank of the UAE
June 2013

Anti Money Laundering: Focus On A Risk Based Approach ( Training )

Dubai International Financial Center (DIFC)
March 2013

Developing an Effective Compliance Monitoring Program ( Training )

CCL Academy, Dubai
May 2014

Identifying and Mapping Risks ( Training )

CCL Academy, Dubai
November 2015

Sanctions Compliance ( Training )

Association of Certified Anti Money Laundering Specialists (ACAMS)
February 2016

Chartered Institute for Securities & Investment (CISI) - Global Financial Compliance ( Certificate )

Issued in: March 2017

Certified Anti Money Laundering Specialist (CAMS) ( Certificate )

Issued in: July 2014

Hobbies and Interests

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Motorcyling

Traveling

Volunteering Activities

Health & Fitness

Recommendations

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As Assistant Manager - HR in Al Falah Exchange company

By
SYED MOHANNAD SHAH
(COLLEAGUE) on 23-06-2013
"“I had the pleasure of working with Mr Hamza in many assignments. Nonetheless, He has shown great zeal and motivation in all of his assignments which is why he is a great asset to an organization. A person who is able to deliver at the right time and also finding solutions to all sorts of problems. His way of working with colleagues keep the energy level as well as the morale level high. He knows what to achieve in the best possible way and in the shortest time possible. Hamza is a very creative and intelligent person, who wants to succeed in every assignment."

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