محمد عفيفي

Wholesale Banking Middle Office is a function to within the front line of business to assist all Relationship Managers in all compliance & AML matters (client on boarding, annual reviews, etc..), Client Operations and Credit Support.

To develop and implement all aspects of ABC’s Anti-Money Laundering policies and procedures.
To ensure that ABC has the necessary resources / systems in all locations to facilitate compliance with the Central Bank of Bahrain (CBB) / local Anti Money Laundering (AML) regulations.
To report to the Board and Senior Management on critical AML issues requiring their attention

Lead the Global Compliance Team and have responsibility for all areas of financial regulation and compliance across the business, including all ABC overseas units. (MENA, Europe, North and South America).
To be at the forefront of the business and demonstrate a practical and commercial approach to compliance.
To offer strategic and change-oriented business plans with more day-to-day compliance responsibilities.

Build and maintain a strong relationship with the regulator (Central Bank of Egypt).
Establish and maintain adequate management oversight of all key compliance responsibilities, ensuring that the function is adequately resourced with appropriately skilled persons.
Deliver accurate Compliance information to all stakeholders.
Ensure timely circulation and implementation of new policies and procedures.
Give guidance and advices on Group policies and local requirements

Promote, lead and manage the culture and practice of compliance with all applicable legal and regulatory requirements and ethical standards in the conduct of the private banking business in MENA, To protect and enhance the reputation of the Bank.
To Advise management and promote best practices and bank policies, as aligned to the Dubai Financial Services Authority (DFSA), Central Bank of the UAE, MENA region, and the cross-border implications across various booking centers.
Review all the existing compliance controls for the Private Bank to ensure that current controls address all current regulatory requirements.
Deal with all regional regulatory contacts and associated activities in accordance with the Group Policy.
Implement a regional compliance framework (i.e.: policy, procedure, review program)

Conduct credit & Operations reviews of Egypt Region to confirm compliance with Bank’s policies, procedures and Central bank regulations and ensure that controls are in place to mitigate the inherent risks of the business and enhance the compliance function in Egypt.
Member of the Senior Management Committee for Egypt Region.

Branch management with primary responsibility towards business development for both corporate and retail products. Overlook all activities and staff to achieve the set goals and targets for the organization by ensuring extending quality service to all clients
Achievement:
46% increase in profit ($ 3, 357 K in 04 vs $ 2, 307 K in 03)
35% increase in Deposits ($ 80, 743 K in 04 vs $ 59, 807 K in 03)
30% increase in Lending($ 35, 000 K in 04 vs $ 27, 000 K in 03)

Responsibilities:

Branches Operations: supervise all branches operations, follow up on results and performance, working on needed products to develop business, Re-Engineering of activities to eliminate time waste and no added value steps, control on cash management, sundry accounts and creating proper security levels for it’s activity.

Financial Department: Ensure proper reporting to both Central Bank and Head Office in Paris, Supervise the bank budget and financial statements, structure a cost monitoring system for effective control of resources/ Reconciliation./ Prepare the forecasting budget and monthly follow-up. Structure effective expenses monitoring system.

General administration: Ensuring timely handling of all staff and management requests, maintenance of premises, machinery and equipment, for better control over bank’s expenses

New Products development (Back-Office): Develop all back-office supports for the new banking products (i.e.: procedures, accounting flow, etc..)

Treasury back-office: Ensure the execution, security and proper handling of all treasury front office activities.

International banking relations: Supervise swift bilateral authentication key arrangements, manual test key arrangements, updating bank’s information to all correspondents, supplying the international banking community with the financial reports of the bank.

Information technology (during years 2000/2001): ensure proper IT functioning (Automation back-office, Network, proper communication through leased lines, Web sites, e-mails, intranet)

Branch Manager / Alexandria

InCharge all commercial, marketing and Operational functions in Alexandria area (two branches / Total staff 45)

In-Charge of planning, supervise audit and special investigations/ compliance, review and modification of internal control and procedures / up dating of internal procedure guidelines, credit & back-office manuals / coordination of audit functions. All statistics and reporting to Central Audit Division in Paris.(Total staff 5)