Chief financial officer CFO
National Bank of Abu Dhabi
Total years of experience :18 years, 1 Months
Main duties:
• o Develop bank’s financial plans and strategy, and implement the strategy to improve performance.
o Develop the bank’s financial control systems.
o Setting Bank’s liquidity and investment policies to be in line with Group policies and strategy.
o Knowledge of most of the bank products (global Market, global wealth, commercial, retail, insurance & reinsurance).
o Effectively and closely control the bank portfolio by pricing, solvency margin, capital requirement, concentration, and liquidity.
o Experience on insurance and reinsurance, risk transfer, Arbitrage, capital coverage, overseas tax benefit, balance sheet and solvency risk, regulation
o Initial startup NBAD Branch - Jordan: Management Information Systems, Financial Control department functions, Treasury back office activities, Chart of Accounts, General Ledger, budgeting; and establishing reporting channels with HO.
o Reporting (Head Office, Central Bank and regulatory). Working closely with business to develop FTP, LOB reporting.
o Risk committee member (CEO, CFO, CRM, COO)
o Responsible of business performance Risk, liquidity risk, balance sheet risk, financial risk, interest rate risk, and mismatch risk. Set the limit according to bank policy and regulator.
o Enterprise risk management, foundation, responsibilities, implementation, process and build and enhancing capacity, assessment and evaluating organization risk, set limits and control, ERM strategy, and improve the business performance by knowing the ERM for the company.
o Responsible of preparation and presentation of financial and management reports, sent to management, BOD, and regulatory parties.
o Working directly with Bank’s CEO and Business Unit Heads to identify all possible opportunities to growth, and be responsible of financial analysis and due diligence to enable the Bank to reach strategic goals.
o Headed a team of 45 employees located between Jordan and Iraq.
o Member of Bank’s Committees Credit Committee, Management Committee, and And Audit committee
o Working closely with MENA Central Banks regarding financial reporting, IFRS, ISA, Liquidity, statutory reports, and Systems automation.
o Working experience in tax field for many countries in the region.
o Exposed to local, regional and international banking experience (Standard Chartered Bank and HSBC).
o Contributed in the development of both wholesale and retail products by providing metrics for financial reporting.
o Fund transfer Price: ( pricing, Liquidity and balance sheet management)
o Business plans, budgeting, short and medium term forecasting development
o Participated in developing HSBC business strategy assumptions depending on the business needs.
o Management and control of Finance Department daily activities.
o Effective utilization of Funds, ensuring the business using focus strategy, control and manages bank Treasury Back Office operations of hedging, swapping and FX deals and income, and operation risk.
• Prepares timely, accurate and reliable financial reporting, management reporting and ALCO returns for the Shareholders and Senior Manager
o by ensuring that all financial data is systematically extracted/ consolidated and submitted to related parties within the set deadlines
o by following appropriated checking/ reconciliation and procedure to ensure integrity and accuracy of financial management
o by ensuring that all financial data complies by guideline issued by various group regulatory, local regulator, and management guidelines
o by ensuring that all GL are reconciled in a timely manner
• Provide High quality finance support to Department and Branches
o By maintain Proactive dialogue with the department heads
o By ensuring that all finance issues are satisfactorily resolved within the agree time lines
o By providing guidance in implementing of financial reporting police and procedures and effectively communicated the changes
• Improve the efficiency of finance process
o By constantly reviewing processes and procedures and recommending practice to enhance controls and/ or improve efficiency
o By efficiently utilizing HUB feature to improve quality of database and automate banks' operation
• Contributes to self and team development
o By coaching FCD team on matters relating to day to day o perations, HUB knowledge best practice in banking operation, soft skills, and adoption to FCD role Changes
o By proactive pursuing self development courses to improve banking knowledge, system knowledge managerial skills and PC skills
o By constantly reviewing and understanding changes in the policies and regulations issued by group and local regulators
• To proactively the changing information requirement
o By keeping abreast of happenings in the world of group financial reporting and assessing impact on the bank
•To ensure that statutory, regulatory and Group procedures and requirements are fully compiled with.
•To plan, direct, design and develop an efficient and reliable system for delivering Management Information to provide a concrete tool that facilitates and assists in the planning, control and management of the Bank’s business in the Lebanese market.
•To ensure, in conjunction with Group Tax, that the Bank’s taxation affairs are efficiently and effectively managed.
•Assist Businesses in identification, feasibility and implementation of new initiatives and business drivers.
•The job holder is responsible overall for the operations, control and maintenance of the accounting & financial reporting systems in Jordan Wholesale Banking covering Commercial Banking and Global Markets, for the preparation and audit of its financial statements and has a critical role in the business strategy, policy implementation, and monitoring and aiding business performance.
•Implement controls within the Business Unit to meet all regulatory and internal requirements.
•Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management.
•Ensure risks and issues identified are resolved in an appropriate and timely manner.
•To actively participate and contribute in upcoming projects of the department to ensure timely and smooth implementation.
•Ensure accuracy of the all Central Bank reports.
•Ensure full implementation of financial control policy
•Ensure all control and policies are embedded in the department.
•Take a proactive participation in analyzing the banks financials for comparisons purposes.
•To liase with consultants and Regulators and tax authorities to ensure compliance with laid down internal and external regulations.
•Full involvement in all internal and external audits
- MBA, MSCIS, 2003 University of Detroit Mercy, Michigan, USA, GPA 3.6 / 4.0 Academic focus system analysis improve of system quality,
- Master degree in Accounting / finances, 1999 Arab Academy for banking and finance sciences. GPA 3.65 /4.0 Academic focuses: financial & cost Accounting & auditing Activities