Internal Auditor
Meezan Bank Ltd
Total years of experience :17 years, 5 Months
• To conduct the audit/ business risk review exercises of various branches/ departments of bank. These assignments including SME/ Commercial/ Corporate Financing, Foreign Trade and Consumer Financing.
• Evaluation of the adequacy and effectiveness of the internal controls & systems.
• Review of adherence to legal and regulatory requirements and bank’s approved policies and procedures during the course of audit/ BRR.
• To participate in discussion on draft audit/ BRR report & obtaining Management responses against observations.
• Ensure that working paper file is adequately prepared for archiving.
• Preparation of final audit/ BRR report within prescribed time period for submission of the same to Team Leader.
• Helping compliance officer to ensure timely compliance/ closure of observations pointed out in audit/ BRR reports.
• Responsible for identifying new/ potential customers/ credit opportunities as per Bank’s appetite and credit policy.
• Performing the analysis of the customers business to assess their credit-worthiness as well as the risk/ return dynamics of the transaction.
• Prepare, review and submit Credit Proposals to Management in accordance with Management’s directives for approval.
• Responsible for managing the assigned credit portfolio to meet quality and target turnaround timelines for credit activities
• Client calls and site visits for keeping abreast with client’s business performance, financial condition, utilization of disbursed facility(s) and overall market scenario.
• Coordination with Bank’s department like Shariah, Trade and Credit Administration for facilitation of client transactions in most effective and efficient manner.
• Responsible to monitor the transactions keeping in view defined Shariah process flows.
• Review of approved credit proposal/ sanction advice to ensure that the approval is sanctioned by the designated officials within prescribed limits delegated by Board.
• Collateral perfection as per terms of the sanction advice and safe custody of security documentation.
• Preparation and execution of charge documents and to ensure that all required legal documentation and undertakings are in place prior to disbursement.
• Monitoring and execution of all financing products in compliance with credit approval/ shariah approved process flow/ SBP regulation.
• Inspection of Ijarah/ Leased Assets, Pledge & Hypothecated Stocks and Goods purchased under Murabaha Transaction.
• Monitoring of Non-Performing Loans and creating provisioning in accordance with SBP Prudential Regulations.
• Coordinating with internal departments (Shariah, Legal) and external companies (insurance, valuation and muccadum).
• Preparation of various reports for management and SBP.
Six month rigorous class room & on job training in major areas of banking including
Operations (Account Opening, Remittances, Accounts, Cash)
Credits (SME/ Commercial)
Credit Administration Department (CAD)
Trade Finance
GPA=3.79/5 I secured 100% marks in the subject of Managerial Finance. I got 3 scholorships during MBA.