Total Years of Experience: 14 Years, 6 Months
May 2022
To Present
Internal Audit Associate Director
at Arqaam Capital
Location :
Egypt - Cairo
- Prepare the internal audit risk assessment and annual planning for group entities.
- Deliver the assigned audit work across the group in line with internal audit methodology.
- Prepare Risk Control Matrix” RCM”, related test steps, audit working papers for the assigned department and/or business line.
- Develop and document audit observations and related recommendations to address weaknesses identified, strengthen internal controls, and improve business processes.
- Monitor the status of audit agreed actions for the assigned department and/or business line and assess its adequacy and timeliness.
- Communicate timely and effectively with the Audit Committees for the assigned entities on the status of the annual plan, observations status, and other internal audit activities.
- Prepare activity reports for the assigned entities audit committees and present to the members.
- Perform special investigations and documents observations as assigned by the Audit committees for the assigned entities.
- Hold relationships with relevant stakeholders in the business both verbal and written to help facilitate delivery of assigned audit work.
- Secretary of the Audit, Governance and Risk committees.
- Prepare Audit, Governance and Risk committees pack and minutes of meetings.
- Deliver the assigned audit work across the group in line with internal audit methodology.
- Prepare Risk Control Matrix” RCM”, related test steps, audit working papers for the assigned department and/or business line.
- Develop and document audit observations and related recommendations to address weaknesses identified, strengthen internal controls, and improve business processes.
- Monitor the status of audit agreed actions for the assigned department and/or business line and assess its adequacy and timeliness.
- Communicate timely and effectively with the Audit Committees for the assigned entities on the status of the annual plan, observations status, and other internal audit activities.
- Prepare activity reports for the assigned entities audit committees and present to the members.
- Perform special investigations and documents observations as assigned by the Audit committees for the assigned entities.
- Hold relationships with relevant stakeholders in the business both verbal and written to help facilitate delivery of assigned audit work.
- Secretary of the Audit, Governance and Risk committees.
- Prepare Audit, Governance and Risk committees pack and minutes of meetings.
January 2021
To April 2022
Internal Audit Manager
at Beltone financial holding
Location :
Egypt - Cairo
Present an annual internal audit plan by reference to the risk management framework to the Internal Audit Committee.
- Address specific areas of risk management and assess complex activities to identify potential operational, financial, compliance risks.
- Agree on the action plan necessary to implement the audit recommendations with the director of relevant department.
- Present the audit report to the Audit Committee; highlight any areas of concern and the resultant action plan.
- Monitor the implementation of the recommendation.
- Ensure that risk register structure is updated to make sure feedback from directors, Group CEO and chairman is taken into consideration and consider major risk areas in relation to Beltone’s operational and strategic management.
- Contribute to the development of the audit program for the company by determining records and activities to be analyzed and planning work assignments for departmental audit.
- Prepare working papers by searching, compiling, and analyzing data to be presented within internal audit reports.
- Participate in departmental and employee education in the area of internal controls, policies and monitoring audit actions taken by the management.
- Contribute to the overall success of the company by working as a team member in audit and special projects and performing all other duties and responsibilities as assigned.
- Develop practical solutions to problem raising in business and financial operations.
- Ensure, track and monitor appropriate follow-up action.
- Address specific areas of risk management and assess complex activities to identify potential operational, financial, compliance risks.
- Agree on the action plan necessary to implement the audit recommendations with the director of relevant department.
- Present the audit report to the Audit Committee; highlight any areas of concern and the resultant action plan.
- Monitor the implementation of the recommendation.
- Ensure that risk register structure is updated to make sure feedback from directors, Group CEO and chairman is taken into consideration and consider major risk areas in relation to Beltone’s operational and strategic management.
- Contribute to the development of the audit program for the company by determining records and activities to be analyzed and planning work assignments for departmental audit.
- Prepare working papers by searching, compiling, and analyzing data to be presented within internal audit reports.
- Participate in departmental and employee education in the area of internal controls, policies and monitoring audit actions taken by the management.
- Contribute to the overall success of the company by working as a team member in audit and special projects and performing all other duties and responsibilities as assigned.
- Develop practical solutions to problem raising in business and financial operations.
- Ensure, track and monitor appropriate follow-up action.
March 2020
To December 2020
Internal Audit Supervisor
at Beltone financial holding
Location :
Egypt - Cairo
Perform Risk based Audit as per Internal Audit Plan for Beltone Financial Holding and its subsidiaries.
- Design the audit program of each company.
- Perform all internal auditing activities (operational and non-operational).
- Test internal controls to ensure effectiveness and elaborate reports on audit findings, risks, and recommended actions.
- Prepare working papers that support the audit findings.
- Develop and document audit findings.
- Communicate with the top management to agree on the audit findings, risks and recommended actions.
- Follow-up on the prior audit findings.
- Prepare, present, and discuss each report with the audit committee.
- Participate in other non-audit engagements, such as consultancy work.
- Design the audit program of each company.
- Perform all internal auditing activities (operational and non-operational).
- Test internal controls to ensure effectiveness and elaborate reports on audit findings, risks, and recommended actions.
- Prepare working papers that support the audit findings.
- Develop and document audit findings.
- Communicate with the top management to agree on the audit findings, risks and recommended actions.
- Follow-up on the prior audit findings.
- Prepare, present, and discuss each report with the audit committee.
- Participate in other non-audit engagements, such as consultancy work.
November 2019
To February 2020
Head of Compliance and Corporate Governance
at Pharos holding for financial investment
Location :
Egypt - Cairo
- Deal with regulators.
- Submit daily report to top management concerning all activities.
- Monitor compliance team in subsidiaries companies on daily work.
- Participate in the onboarding of new products.
- Develop and monitor policies and procedures execution that are designed to detect and prevent violations of laws and mitigate various types of risk, including compliance and operational risk.
- Review and analyze various reports and business practices against designed policies and procedures.
- Provide guidance to the business, as necessary on compliance and regulatory issues
- Manage the regulatory changes and analyze the impact of such changes through designing regulatory risk matrix.
- Identify potential areas of compliance vulnerability and risk and aids in development and implementation of corrective action plans for resolution of such vulnerabilities (concerning all company activities).
- Review current policies, procedures, and surveillance activities to modify and improve the compliance program.
- Submit daily report to top management concerning all activities.
- Monitor compliance team in subsidiaries companies on daily work.
- Participate in the onboarding of new products.
- Develop and monitor policies and procedures execution that are designed to detect and prevent violations of laws and mitigate various types of risk, including compliance and operational risk.
- Review and analyze various reports and business practices against designed policies and procedures.
- Provide guidance to the business, as necessary on compliance and regulatory issues
- Manage the regulatory changes and analyze the impact of such changes through designing regulatory risk matrix.
- Identify potential areas of compliance vulnerability and risk and aids in development and implementation of corrective action plans for resolution of such vulnerabilities (concerning all company activities).
- Review current policies, procedures, and surveillance activities to modify and improve the compliance program.
November 2017
To November 2019
Senior Supervision and Inspection Specialist: Compliance and Internal Audit Department
at financial regulatory authority
Location :
Egypt - Cairo
Determine and develop internal audit scope and annual plans for FRA
- Follow-up on significant findings from previous audit.
- Report on the findings and recommendations related to systems and procedures being reviewed and monitor management's response and implementation.
- Investigate occurrences of fraud and recommends controls to prevent or detect such occurrences.
- Participate in Brokerage companies’ and Investment Funds manuals issued by FRA.
Review all documents related to Incentive stock options system presented by the companies for approval.
- Study the requests presented by shareholders to suspend the AGM’s decisions.
- Study the requests presented by the company to suspend their activities and operations.
- Prepare memorandum presented to FRA board of directors concerning any needed modifications/setting rules for corporate governance issues.
- Contribute in the corporate governance services Manuel.
- Contribute in the cumulative voting Manuel.
- Contribute in the renewal of the Shareholders rights in the General Assembly Manuel.
- Follow-up on significant findings from previous audit.
- Report on the findings and recommendations related to systems and procedures being reviewed and monitor management's response and implementation.
- Investigate occurrences of fraud and recommends controls to prevent or detect such occurrences.
- Participate in Brokerage companies’ and Investment Funds manuals issued by FRA.
Review all documents related to Incentive stock options system presented by the companies for approval.
- Study the requests presented by shareholders to suspend the AGM’s decisions.
- Study the requests presented by the company to suspend their activities and operations.
- Prepare memorandum presented to FRA board of directors concerning any needed modifications/setting rules for corporate governance issues.
- Contribute in the corporate governance services Manuel.
- Contribute in the cumulative voting Manuel.
- Contribute in the renewal of the Shareholders rights in the General Assembly Manuel.
October 2014
To October 2017
Supervision and Inspection Specialist: legislations, Supervisory, Regulatory Instructions Department
at financial regulatory authority
Location :
Egypt - Cairo
- Prepare research on legislations governing the financial activities supervised by FRA.
- Participate in reviewing laws and decisions related to FRA activities.
- Provide legal opinion to the chairman of FRA.
- Contribute in drafts laws specially the Micro-Finance Law and Law of collateral movable asset registry and its executive regulations.
- Contribute in the elaboration of FRA board of directors decrees.
- Contribute in the World Bank doing business report concerning getting credit and protecting minority index and suggest the important amendments to improve the legal environment in Egypt.
- Member of the committee preparing the RFP of the operator of the movable collateral registry.
- Member of the joint committee charged to supervise the implementation of the movable collateral registry.
- Member of the FRA group contributing in the comparative study concerning the valuation of listed companies and the delisting of those companies from the stock exchange under the supervision of the Union of Arab Securities Authorities.
- Participate in reviewing laws and decisions related to FRA activities.
- Provide legal opinion to the chairman of FRA.
- Contribute in drafts laws specially the Micro-Finance Law and Law of collateral movable asset registry and its executive regulations.
- Contribute in the elaboration of FRA board of directors decrees.
- Contribute in the World Bank doing business report concerning getting credit and protecting minority index and suggest the important amendments to improve the legal environment in Egypt.
- Member of the committee preparing the RFP of the operator of the movable collateral registry.
- Member of the joint committee charged to supervise the implementation of the movable collateral registry.
- Member of the FRA group contributing in the comparative study concerning the valuation of listed companies and the delisting of those companies from the stock exchange under the supervision of the Union of Arab Securities Authorities.
October 2010
To October 2014
Supervision and Inspection Specialist in the Enforcement Department-Audit and interrogation Division
at financial regulatory authority
Location :
Egypt - Cairo
Ensure that the reports of different central departments (i.e., market surveillance, capital market, insurance, compliance, inspection) are conforming with law.
- Responsible of elaborating the final report delivered to the financial prosecutor.
- Responsible of many capitals market cases.
- Provide legal advice and opinion for both FRA chairman and the Criminal charges initiation Committee.
- Member of several committees issued by the Egyptian financial prosecutor to analyze different capital markets cases.
- Conduct several investigations for both listing and brokerage companies concerning the presumption of capital market crime i.e.: insider information, market abuse and market manipulation.
- Collaborate with other departments to pursuit the financial crimes i.e.: the central department of capital market investigation and market surveillance department.
- Responsible of elaborating the final report delivered to the financial prosecutor.
- Responsible of many capitals market cases.
- Provide legal advice and opinion for both FRA chairman and the Criminal charges initiation Committee.
- Member of several committees issued by the Egyptian financial prosecutor to analyze different capital markets cases.
- Conduct several investigations for both listing and brokerage companies concerning the presumption of capital market crime i.e.: insider information, market abuse and market manipulation.
- Collaborate with other departments to pursuit the financial crimes i.e.: the central department of capital market investigation and market surveillance department.
October 2009
To February 2010
Legal assistant for the deputy of chairman
at financial regulatory authority
Location :
Egypt - Cairo
February 2009
To September 2009
Assistant for the consultant of chairman for compliance and Anti Money Laundering
at Mortgage Finance Authority
Location :
Egypt - Cairo
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