كاشف حسن

INTERNAL AUDIT ROLE:

QUALITY ASSURANCE (INTERNAL & EXTERNAL ASSESSMENT)

- Key member of QAIP team of SIB Internal Audit Dept, which is awarded "general conformance" as well as "conformance to each individual standard (IPPF)" in 2014 by IIA, USA.
- Performed "Internal Quality Self Assessment" of SIB Audit Dept.
- Preparation of IIA GAIN bench marking analysis for submitting to IIA.
- Co-ordination with IIA, USA External Assessors, for External Quality Assessment.
- Preparation of initial requirement for external assessment team.
- Submitting A0 to A4 questionnaires as per "IIA QAIP Manual" to external assessment team.
- Review of audit documentation and templates to align with IPPF requirements.
- Providing training and knowledge sharing to Audit staff on "IPPF" and " IIA QAIP Manual"

INTERNAL AUDIT PROCESS

-Scoping audit universe
-Preparation of Risk Based Audit Plan including resource plan.
-Preparation of budgets, planning of resources and other planning tasks such as flow charts / narratives for process understanding, internal control questionnaire, and audit programs etc.
-Plan, organize, and direct/ conduct audit projects to ensure completion of annual audit plan.
-Prepare/Review audit working papers.
-Providing timely and quality deliverable through well written audit reports.
-Meetings with management to discuss audit observations and management action plan.
-Conduct/Review follow-up audits.
-Providing on the job training to subordinates
-Strong knowledge of ACL, MS Office, lotus notes, oracle etc.
- Preparing and maintaining database of observations and follow-up system.

Areas audited / supervised include:

-Retail Banking Portfolio
-Corporate Credit Portfolio & Government Loans
-Investment Banking
-Special assignments
-Investigations

Departments audited include:

- Corporate Banking Group
- Small and Medium Enterprises
- Real Estate Finance Department
- Credit Risk Management Division
- Credit Administration Department
- Enterprise Risk Management Dept.
- Retail Credit Department
- Recovery Department
- Investment Banking Division
- Investment Administration Department
- Investment and Finance Operations
- Trade Finance Department
- Service Quality & Business Process Re-engineering
- Strategic Development
- Financial Control Department
- Surprise branch audit

Detail of work performed:

-Pre implementation testing- BASEL II.
-Post implementation review- Basel II.
-Quarterly review of BASEL II returns.
-Quarterly review of provisions
-Detailed credit review of Bank’s Corporate Credit Portfolio.
-Detailed review of Bank’s Investment Portfolio including SUKUK/bonds, funds, Direct investment and syndications.
-Review of risk assessment performed on corporate, retail and investment portfolio.
-Review of accuracy, completeness and validity of approvals, legal contracts, securities and other documents, their safe custody and release relating to both investment and corporate portfolio.
-Review of timely and accurate booking of Investment and Financing transactions
-Review of effectiveness of procedures of Recovery Dept.
-Review of Retail Banking Portfolio including the risk analysis.
-Review of SOPs for banking products before approval by management.
-Audit of Financial Control Department which includes audit and review of financial statements’ compliance with IFRS, nostro and suspense accounts reconciliations, controls over payment and booking of CAPEX and other expenses, annual returns etc.
-Surprise operational audit of branch.
-Test of controls for proposed IT/system enhancements

I have audited organizations in different sectors which include financial services, Manufacturing, Trading, Oil and gas, Hotel and restaurants, Pharmaceutical, Textile, Construction, Communications etc.

Worked mainly with financial services section of PWC Dubai. conducted and reviewed audits of various clients. Major clients include:

-Barclays Bank UAE
-Barclays Bank- DIFC
-Barclays Capital and Barclays Wealth
-United Bank Limited- UAE
-JP Morgan Chase Bank NA- Dubai
-Calyon Corporate and Investment Bank
-Moody’s Middle East Limited
-AG Zurich Life Insurance
-Dowell Schlumberger
-Unilever UAE ( Annual Audit and SOX review)
-Reuters Middle East Limited
-Arisaig Partners
-ENR Technik UAE
-KMC Oil Tools
-Robust Construction Contracting L.L.C
-Alphanoor Electromechanical Works
-Amusement Whitewater park
-Penguin Engineering and Construction
-Emirates Group Security
-Macgregor (ARE) LLC
-Al Tayer Traveling Agency
-Trans guard Group

Details of work performed:

- Conducted and led external audit of clients in different sectors.
- Audit of financial statements in accordance with ISA to check compliance with IFRS.
- Review of compliance with SOX regulations for US SEC Clients.
- Credit review and audit of branch operations to check compliance with Central Bank regulations.
- Review of the adequacy and accuracy of provisions as per the Central Bank regulations.
- Preparation and review of management letters highlighting weakness in internal controls and providing recommendations.
- Review of PIB Returns of audit clients submitted to Dubai Financial Services Authority (“DFSA”).
- Review of annual returns of banks submitted to the Central bank.
- Review of tax returns submitted by branches of foreign banks in UAE.

I have worked with KPMG (Pakistan) for over four years at different positions from associate to audit supervisor level.

I have audited organizations in different sectors which include financial services, Manufacturing, Trading, Oil and gas, Hotel and restaurants, Pharmaceutical, Textile, Construction, Communications etc.

External audit of various clients, internal audit, SECP investigation for stock market crash in 2005. Major clients include:

-Zarai Taraqiati Bank Ltd- ZTBL
-National Bank of Pakistan
-United Bank Limited
-Standard Chartered Modaraba
-Habib Bank AG Zurich
-Habib Bank Limited
-Bank Alfalah Limited
-Escorts Investment Bank Limited
-NIB Bank Limited
-My Bank Limited
-Faysal Bank Limited- FBL
-National Investment Trust Unit Ltd.
-Javed Omer Vohra & Company Limited
-Gillette Pakistan Limited
-Gray Mackenzie Restaurants International Limited (KFC)
-Stork IBI Screens Industries (Pvt) Limited - Textile
-Deltra Screens (Private) Limited - Textile
-Stork Prints Pakistan (Pvt) Limited - Textile
-Glexo Smith Kline
-Highnoon Laboratories Limited
-National Insurance Company Limited

Details of work performed:

- Conducted and led external audits specially in financial services sector.
- Review of compliance with Code of Corporate Governance.
- Review of compliance with various requirements of Security and Exchange Commission of Pakistan (SECP) and listing & trading regulations of Stock Exchanges.
- Conducted audit of financial statements in accordance with ISA to check compliance with IFRS.
- Royalty review assignments for KFC.
- SOX review for US SEC listed Clients.
- Detailed credit review and operations audit to ensure compliance with Central Bank regulations.
- Review of the adequacy and accuracy of provisions as per the guidelines of Central Bank.
- Established Internal Control framework.
- Preparation of management letters highlighting weakness in internal controls and providing recommendations.
- Review of annual returns of banks submitted to the Central bank.