Director- AML and Suspicious Transaction Monitoring
NBAD
مجموع سنوات الخبرة :22 years, 3 أشهر
My responsibilities comprised mainly of the following:
1. planning and completion of audit assignments and targeted reviews related to Sanctions, AML, KYC and ABC;
2. assessing key control weaknesses to assist in developing an audit approach;
3. preparing reports to management highlighting key control weaknesses and possible recommendations;
4. developing appropriate audit programs and procedures for Sanctions, AML, KYC and ABC;
5. tracking closure of audit issues and formulating audit responses;
6. identifying and discussing risks associated with Sanctions, AML, KYC and ABC with the team Manager;
7. effective utilisation of computer audit technology and tools.
My responsibilities comprised mainly of the following:
1. conducting investigations and compiling reports on suspicions of Money Laundering and Terrorist Financing; according to the standards of the Financial Intelligence Centre;
2. assessing control weaknesses and strengths within the Anti-Money Laundering Reporting environment;
3. conducting in-house training workshops;
4. producing MI for decision making;
5. participating in departmental strategy development;
6. networking with colleagues within the banking industry;
7. effective utilisation of computer audit technology and tools;
8. administration.
My responsibilities comprised mainly of the following:
1. Perform the duties of a subject matter expert when providing advice to management, business units and stakeholders;
2. producing Anti-Money Laundering policies, procedures, training manuals and handbooks;
3. reporting to the Head Of Compliance risks resulting in non-compliance with legislation and providing networking with colleagues within the banking industry;
4. reviewing legal contracts/SLAs with strategic business partners;
5. effective utilisation of computer audit technology and tools;
6. administration.
7. recommendations;
8. reviewing and reporting country-wide adherence to KYC and Account Opening procedures;
9. compiling reports on suspicions of Money Laundering according to the standards of the Central Bank;
10. identifying ML risks associated with the Mobil Money business susceptible to abuse by Money Launderers and reporting to the Head of Compliance;
11. assessing control weaknesses and strengths within the Anti-Money Laundering Reporting environment;
12. conducting in-house training workshops;
13. conducting investigations on suspicions of Money Laundering and Terrorist Financing;
14. conducting investigations on sanctioned/blacklisted entities,
15. producing MI for decision making;
16. participating in Mobile Money strategy development.
My responsibilities comprised mainly of the following:
1. compiling reports on suspicions of ML according to the standards of the Central Bank;
2. identifying ML risks associated with products and areas susceptible to abuse by Money Launderers and reporting to the MLRO;
3. supervising investigations with suspicions of ML and Terrorist Financing; implementing new business projects such as the Automated AML System FORTENT from end-to-end;
4. assessing control weaknesses and strengths within the AML Reporting environment;
5. drafting AML policies, procedures, training manuals and handbooks;
6. conducting in-house training workshops;
7. reviewing and reporting country-wide adherence to KYC and Account Opening procedures;
8. providing advice on sanctions related issues,
9. conducting research and providing red flag indicators for purposes of Regulatory reporting to the Central Bank;
10. investigations and audit;
11. implementing and maintaining the transaction surveillance system;
12. co-ordinating, managing and preparing for audits;
13. tracking closure of audit issues and formulating audit responses;
14. Deputising for the MLRO;
15. preparing MI for decision making; participating in departmental strategy development;
16. interpreting MI and providing cover analysis for committees;
17. planning and developing appropriate investigation programs and procedures and conducting investigations on suspicions of ML and Terrorist Financing;
18. reporting to MLRO/HOC risks resulting in non-compliance with various legislation and providing recommendations;
19. supporting the daily management of FCC transaction surveillance;
20. maintaining the internal watchlists;
21. perform QA on transaction surveillance alerts closed and customer due diligence;
22. networking with Law Enforcement Agencies and colleagues within the banking industry;
23. recruiting staff;
24. supervising, conducting peer reviews and training team members;
25. effective utilisation of computer audit technology and tools;
26. administration.
My responsibilities comprised mainly of the following:
1. planning investigations;
2. conducting investigations on suspicions of fraud;
3. prepare reports to management highlighting control weaknesses and possible recommendations with a view to preventing and detecting fraud;
4. monitoring the anti-fraud hotline and advising the Head of Fraud Prevention/Investigation;
5. participating in departmental strategy development;
6. Deputising for the Head of Fraud Prevention/Investigation;
7. peer reviews;
8. networking;
9. conducting research and providing red flag indicators for purposes of internal audit;
10. identify and discuss risks with the Head of Fraud Prevention/Investigation;
11. effective utilisation of computer audit technology and tools.
My responsibilities comprised mainly of the following:
1. assessing internal control weaknesses and strengths regarding the Money Laundering Reporting System;
2. providing input into Policy and Procedure documents; providing input into training manuals and handbooks based on FATF recommendations;
3. reviewing Group wide adherence to KYC and Account opening processes and reporting there-on;
4. compiling reports in accordance with standards laid down by the Financial Intelligence Centre;
5. preparing reports to management highlighting internal control weaknesses and possible recommendations with a view to ensuring compliance with various Legislation;
6. developing appropriate audit programs and procedures for high risk audit areas;
7. identifying and discussing risks associated with new/existing clients with the Group Money Laundering Control Officer;
8. responding/liaising to queries from the Financial Intelligence Centre pertaining to suspicious activity reports lodged;
9. responding/liaising with internal and external auditors;
10. supervising investigations on suspicions of Money Laundering and Terrorist Financing;
11. preparing reports to management highlighting products and areas susceptible to abuse by Money Launderers;
12. supervising and training team members;
13. implementing of new business projects;
14. participation in Departmental Strategy development;
15. networking with Law Enforcement Agencies;
16. recruiting staff;
17. effective utilisation of computer audit technology and tools;
18. administration.
My responsibilities comprised mainly of the following:
1. planning audit assignments;
2. assessing internal control weaknesses and strengths to assist in developing an audit approach for individual clients;
3. preparing reports to management highlighting internal control weaknesses and possible recommendations with a view to preventing and detecting fraud;
4. preparing reports to management highlighting incidences where fraudulent transactions have been conducted and possible recommendations;
5. compiling reports in accordance with the anti-corruption hotline and advising the responsible official;
6. supervising and training team members;
7. developing appropriate audit programs and procedures for high risk areas;
8. identifying and discussing risks associated with clients with the team Manager;
9. effective utilisation of computer audit technology and tools;
10. administration.
My responsibilities were of a progressive nature over the three years of training and comprised mainly of the following:
1. planning and completion of audit assignments;
2. conducting stock takes;
3. assessing internal control weaknesses and strengths to assist in developing an audit approach for individual clients;
4. preparing reports to management highlighting internal control weaknesses and possible recommendations;
5. drafting annual financial statements in compliance with SA GAAP and the Companies Act;
6. training and supervising team members;
7. conducting technical research to assist clients in accounting and audit related issues;
8. developing appropriate audit programs and procedures for high risk audit areas;
9. identifying and discussing risks associated with clients with the team Manager/Partner;
10. effective utilisation of computer audit technology and tools;
11. Other assignments included ad-hoc assignments in taxation, import control regulations compliance, audit of Trusts/Pension and Provident funds, Secondment to assist with accounting function as well as the system of internal control, performance of the accounting function of Close Corporations.
Certified Anti-Money Laundering Specialist