Head of Operational and Technology Risk Management
Banque Saudi Fransi
مجموع سنوات الخبرة :16 years, 6 أشهر
null
Responsible for managing the audit of various Business, support and control functions such as (Finance and Accounting, Treasury and the related middle and back office, Risk Management, Compliance, cash management services, Digital Banking, Corporate Operations, Human Resources and etc.).
•Prepare high-quality audit deliverables including planning memoranda, audit programs, working papers, drafts of audit issues, and audit reports.
•Effectively supervise and motivate audit teams, providing necessary oversight and guidance to ensure the audit is completed against relevant targets (e.g. budget, fieldwork timing, report clearance etc.)
•Identify key issues impacting businesses under review, presenting and agreeing with management practical recommendations and responses for the mitigation of associated risks.
•Maintain technical subject matter internal audit competency through ongoing professional development.
•Conducts ad hoc fraud investigations as and when required by the regulator and/or Audit Committee.
•Complete several Self-assessment questionnaires related to different subjects as and when required by the regulator and/or Audit Committee.
• Development & implementation of enterprise operational risk and fraud risk frameworks at ANB Group of Companies consisting of ANB, ANB-Invest and ANB-London.
• Successfully led the development of Risk & Control Self-Assessment (RCSA) by conducting workshops with business, support and control groups to agree & document responsibilities, frequency, etc. and ensuring timely creation of risk profiles in ORM system.
• Established a robust process for identifying the value at risk to be transferred to insurance, providing advisory to the management & board of directors through the Board Risk Committee towards selection of appropriate policies, adequacy of cover & the deductibles
• Successfully led Key Risk Indicator (KRI) implementation by conducting workshops with business / support groups, ensuring on-going monitoring and escalation to Group Heads and Operational Risk Committee of KRI breaches.
• Integrating financial crime, fraud risk, business continuity & e-channels in to the operational risk framework
• Responsible to make the quarterly stress testing according the approved model.
• Developed & implemented the enterprise risk tolerance & risk appetite at entity levels across the bank.
• Articulated the process of enhancing banking operations & technology consolidation through risk identification and business process re-engineering Maintain the development and maintenance of the Bank’s Operational Loss Database.
• Ensured adherence to the Operational Risk Management Framework (ORMF) in the identification, assessment, mitigation, control and monitoring of risk. In this regard, ensuring sufficient traction and follow through management actions to mitigate identified operational risks and various Audit assurance failures, escalating issues to the Business Head and Group Business Operational Risks.
• Key member in the implementation of the Operational Risk Management system (i.e. Developing risk mechanism, Control performance, Management and Action plans work flow and etc…).
• Ensuring the control structure is accurate in terms of responsible units and persons and distribution of key controls self-assessments to all units.
• Review SAMA fines and identify areas of improvement, proposing changes in processes and standards that will support the operational risk action plans effectiveness and mitigate losses while enhancing the compliance of banking operations with SAMA risk requirements.
• Prepared monthly/quarterly Operational Risk Reporting/Dashboards to Regulator, Board Committee, Group Risk Committee, and Operational Risk Committee & Senior Management.
• Responsible for the Development & implementation of enterprise Fraud management framework at ANB Group of Companies.
• Led in coordination with relevant stakeholders the implementation of the Un-usual transactions monitoring system (i.e. Fraud Prevention) by defining business requirements, meeting with various vendors and making the needed analysis.
• Developed and maintained the counter fraud strategy, which is to include appropriate measures to detect and mitigate potential fraud across the various units of the Bank, and its subsidiaries
• Led significant fraud investigations.
• Performed fraud risk assessment for various bank’s department and identified high fraud risk vulnerable areas.
• Review product programs, policies and procedures to provide feedback and ensured operational risks are appropriately mitigated.
• Conducted an operational risk assessment review of new or changed activities, processes, new projects and systems.
• Conducted awareness sessions of the Risk and Control Self-assessment (RCSA) and Loss Data Management (LDM).
• Generated the risk universe and a library of key risks (strategic, financial, and operational) that affect the company at corporate, project, and business unit levels in accordance with COSO Framework.
• Developed the Compliance Manual and compliance monitoring program based on the regulations and Best Practices.
• Developed regulatory frameworks “Corporate Governance, Audit & Risk” charters, activities and processes
• Conducted Risk Assessments and control gaps for specified business activities.
• Aid business owners in maintaining/improving internal control systems and monitoring processes.
• Coordinate with the organizations departments to build and maintain awareness of risk management for the functions, business processes and procedures.
• Prepared documentation and communication regarding status of risk management consulting projects to Head of Risk Management Department.
• Responsible for monitoring and reporting compliance with various governmental bodies in KSA.
Designed and implementation of Key Controls Self Assessments. Ensuring the structure on optical is accurate in terms of responsible units and persons and distribution of key controls self-assessments to all units.
•Conducted risk assessment and reassessment workshops.
•Participated in the implementation of the new Operational Risk Management (i.e. Developing risk mechanism, Control performance, Management and Action plans and etc…)
•Conducted an operational risk assessment review of new or changed activities, processes, new projects and systems.
•Management and monitoring of the self-assessment process to ensure the implementation of entities requests on modification of risk profiles.
•Participated in implementing the tools required to achieve the operational risk aim (e.g. Control risk self-assessment, Control incident and loss collation reporting and etc.) to set up capital requirements according to Basel II framework.
•Conducted awareness sessions of the Risk and Control Self-assessment (RCSA) and Loss Data Management (LDM
Conducted interim audit to assess the client’s accounting risk areas & deficiencies and accordingly reported the findings to the client’s management.
•Performed external audit on the financial statements.
•Investigated all material issues raised by inquiries from professional or regulatory authorities.
•Ensured that all the statements and reports are free of material misstatements
•Evaluated appropriate financial areas and records that could be examined.
•Reviewed all of the required materials for accuracy.
•Evaluated client's controls and procedural standards.
•Ensured that all changes to planned audit scope and approaches are discussed and approved by Manager.
•Prepared audit reports based on the existing financial statements.
•Presented accurate audit results and provided recommendations.
• Ensured to follow-up on corrective action plans in compliance with specified standards.
• Worked in preparing regulatory reports required by Saudi Arabia Monetary Agency (SAMA).
• Reviewed the Proofs of internal accounts (i.e. Suspense account) to ensure free material misstatement.
• Making Bank’s Cash Flow and related analysis.
courses: Officially Certified Fraud Examiner (CFE) 2013.