Deputy Head of Operational Risk and Permanent Control / Head of Permanent Control
Credit Agricole Egypt Bank
مجموع سنوات الخبرة :22 years, 8 أشهر
Permanent Control:
• Lead the control team to ensure the Bank’s permanent control is efficient and that robust and comprehensive controls are there and the required reporting and assessment are performed.
• Prepare the control plan and thematic missions schedule to identify control gaps and coordinate action plans with owners to mitigate all type of risks CAE is exposed to.
• Ensure proper segregation of duties, protecting Bank interests and proper hierarchy controls in each department (first & second level)
• Assist operating staff and checking the quality of system and processes in place and reengineer them if needed
• Review CAE new procedures, policies and products in collaboration with business and if needed add necessary controls to govern the process.
• Analyze and adhere to Central Bank regulations and set new monitoring controls over CBE reports reliability and coherence.
• Ensure that the daily/monthly reviews are performed and discrepancies are followed up until final settlement.
Operational Risk:
• Participate in Bank wide Key Risk Indicator (KRIs) preparation and submission to senior management.
• Review the Bank Risk Mappings in coordination with the responsible departments.
Audits Inspections:
• Implement instructions received from Paris General Inspection/ Internal Control Headquarters with regard to committees, methodology Self-assessment control plans and reporting
• Coordinate with CAE Internal Audit to handle findings raised during Audit missions till final resolution.
• Implement Central Bank of Egypt Audit findings and recommendations.
Department Reporting
• Prepare all Internal Control reports required by top Management, Paris Head office and CBE ( Internal Control Semi Annual & Annual Report, Quarterly permanent Control Highlights, CBE ICAAP )
• Attend / deputize the department Head in Internal control Committee, Audit Committee, Board meeting, Business Segment Committee, Fraud Committee, Sanctions Committee )
Staff Management:
• Lead department staff in line with CAE policies and code of conduct to ensure abidance and to promote efficiency, maximize productivity and enhance performance
• Set departmental and individual objectives in cooperation with staff and in line with CAE strategy .
• Follow up team performance and providing feedback along with on going coaching and on job training
. Prepare MIS management reporting, analysis and LOB profitability
. Prepare periodical management reports (both local and IFRS) along with the related financial analysis
. Participating in annual bank's budget by line of business by using the actual figure results generated from ORACLE Profitability system and in coordination with senior management (Corporate Head, Retail Head and Treasury Head).
. Comparing actual vs. budget on monthly basis.
. Preparing Audit Committee packages.
. Analysis of all Balance Sheet and Income Statement items.
. Competitors Analysis & Benchmark.
. Operating and Employment Expenses analysis by Line of Business.
. General Accounting and monthly exhibits.
. Reviewing bank's daily level and all necessary controls.
. Preparing branches performance.
. Preparing Balance Sheet and Income Statement highlights.
. Analysis for bank's Deposits and OVD Trends.
. Expense Analysis for monitoring and re engineering purposes.
. Work jointly with Re-engineering & Special Project to prepare standard business cases for projects, including business case memoranda and recommendations, income statement, cash flows, assumptions and validation of financial information provided by LOB / Functions.
. Review, collect and submit monthly financial letter.
. Tracking of project costs and benefits for all Bank projects, during and post project implementation, provide timely notification of failure to meet project target.
. Identify cost reduction and revenue generation opportunities, financial Analysis for Bank expenses and re-engineer costs.
. Maintain proper book for Bank expenses.
. Applies appropriate accounting techniques as detailed Expense Analysis by line of business.
. Releasing and tracking contracted payments ensuring their compliance with the terms and conditions of contracts
. Prepare a full Log for the bank contracts
. Monitor & Analyze out of balance transactions to determine necessary adjustments
. Preparation of Due Diligences and Tax Plans
.Providing Tax Consultancy Services.
.Preparation of VAT forms for clients.
.Preparing and attending Tax inspections with Local Authorities
.Filing and maintaining all documents related to tax issues.
Courses Studied: Accounting Finance Project Management Economics Strategic Planning Making Strategies Work Negotiation Organisational Behaviour Marketing