Senior Associate
Qatar Financial Centre Regulatory Authority
مجموع سنوات الخبرة :7 years, 9 أشهر
Worked in the Investment Management department, supervising Investment Managers and Advisors.
Working in the Investment Management department and being the team that deals with products, supervising QFC Investment Manager and Investment Advisory Firms.
• Supervising Qatari employee in our team.
• Conducting on-site Risk Assessments Visits of regulated firms
• Analysing return reviews, AFS and AUPs and various other reports
• Processing and writing recommendations for a Waivers/Modifications of rules
• Writing internal memos with regards to any matters that needs to be addressed
• Product expert:
o Contributing towards the creation and modification of the products return form
o Analysing the universe of products sold within the QFC
o Formulated a risk rating based on the products sold by firms
o Producing management report that summarises the trends and risk profile of products
• Conducting Thematic Reviews, such as Client-Asset segregation, Review of New Rules across firms.
• Management reports- Management Information report, Macro-prudential reports, Products return.
• Creating a risk rating to be used for firms (efforts to be risk-based)
• Authorisation of new applicants:
o Reviewing Investment Managers application
o Examining the proposed business plan i.e. proposed activities, scope, scale etc... o Writing a recommendation to CEO for licensing.
• Coordinating with other regulatory bodies in the state of Qatar.
• Leading the communication with respect to request of information on dual-regulated firms.
• Coordinating with International Regulatory bodies (Financial Conduct Authority, International Organization of Securities Commissions
(IOSCO) etc..) on best practices and aligning the QFCRA’s rules with International Standards.
Worked in Bank Supervision department, supervised 3 Banks under the Qatar Financial Centre.
• Used the RA system called FIRMS that allows everything to be electronically submitted in one place. Both the supervisors and the firms
can access (ESS electronic submission system- firms submit financial returns, applications etc.)
• Prepared risk review reports semi-annually that highlight main risks faced by firms i.e. credit, market, capital adequacy etc.
• Conducted detailed risk assessment visit (RAV) that is a 2/3days onsite visit to the firm that is done every 3years, the supervisor will
ask beforehand for the specific documents that need to be revised. Onsite the supervisor will get to see visually how the policies and
procedures are applied and if they are compliant with the rules and regulation set down by the QFCRA rulebooks (i.e. reviewing client
flies, policies and procedures, training and competency document, complaint register, Business continuity plan (BCP) etc.
Relevant coursework: Financial derivatives, Valuation and Private Equity, Behavioural Finance, Business Finance, Investment Management, Asset Management, Commercial and Investment Banking & Quantitative techniques.
Relevant coursework: Investment, International Finance, Marketing Research, Investment and Risk Management, Financial Accounting & Statement Analysis