Business Risk Review Manager-South Zone, Assistant Vice President
Meezan Bank Ltd.
مجموع سنوات الخبرة :20 years, 4 أشهر
Joined MBL in May 2009 in the capacity of Team Leader and then elevated as BRR-Manager in May 2011. In 2010, IAD has successfully established Risk Review Function under the title of “Business Risk Review (BRR)” which is essentially a risk review function that evaluates Quality of the selected financing/ investment portfolio, Reviews the degree of risk in financing relationships, Evaluates the reasonability of internal credit risk rating assigned to the customers and checks compliance with the credit/ investment/ CAD policies, procedures & regulatory requirements and assesses the performance of various sub-processes in the entire financing chain. The BRR replaced the internal audit of Financing Department in qualifying branches and also performing overall portfolio risk reviews for Corporate, SME/ Commercial financing segments and other specific reviews for the Board and senior management. Also established an Off-Site Surveillance Unit (OSS) for the purpose of regular surveillance of key risk areas.
Main duties:
•To carry out Credit Risk Reviews of Corporate, Commercial and SME South Zone Branches. Leading and manage the team and keeping a check that all assigned areas are completed by team in a given time.
•To assess health of credit portfolio by evaluating individual accounts and assigning risk rating in accordance with defined parameter of BRR manual.
•To conduct Process Review of lending unit to identify weaknesses in credit setup/ system and advise appropriate actions required.
•To participate in discussion on draft report in the capacity of BRR Manager.
•Preparation/ review of final BRR audit report & executive summary and timely submission of the same to the BRR Country Head & Group Head of Audit.
•To prepare annual audit / risk review plan of corporate, commercial and SME South zone branches.
•Review off-site data / reports on periodic basis and point out key risk factors or early warning signals to higher management and BRR teams.
As a Team Leader, conduct internal audit of various branches/ departments/ offices of Meezan Bank and ensure implementation of financial and operational control system. Review of compliance with relevant laws, regulations and bank’s & SBP policies.
Area of Expertise:
Audit of Financing/ Operations/ Consumer Finance/ Head Office Departments/ Other functional areas etc. In addition to all, also extensively carry out Fraud & Forgery inquiries / inspections and risk based audits. Also participated in various domestic inquiries in the capacity of Management Representative.
As a Team Member, conducted audit of various branches and Head Office management audits; and ensure implementation of financial and operational control system. Review of compliance with relevant laws, regulations and bank’s policies and indentified the risks for mitigate and strengthen the internal controls.
Main duties:
• Conducted Audit of various branches which include examination and analyzing the ledger / trial balance, suspense accounts, expenditures, branch banking operations, credit financing & administration and other accounting and financial records & system reviews.
• Also Conducted Management Audits of Finance, Consumer Car finance, Centralized Account Opening, Centralized Foreign Remittance and Credit Administration Department.
• Prepare Audit Reports and Executive Summary, to highlight significant exceptions requires higher management’s attention.
• Also prepare audit programs for major activities such as Head office service Units (Management Audits) and branches.
• Carry out various fraud investigation and preliminary audit of new branches opened.
• Assisting departmental Section Head in the preparation of various documents like Audit plans, Report and Executive summaries for Board Audit Committee.
• Assisting to the Audit Head in liaising / coordinating to SBP (Central Bank of Pakistan) auditors and extensively involved in the preparation / submission of contest points.
Joined CBQ in the capacity of Auditor in the Internal Audit department with reward level of 13. Main Duties include Functional, systems, Operational, Financial and special audits as well as accommodating specific requests by the Management. Worked only for two months, wherein conducted audit of Postponement, Re-scheduling & Re-structuring specifically for consumer products. (For car / personal loans & credit card.) In addition, also carried out one fraud investigation.
Internal Auditor - Officer Grade III
Joined as an Audit Officer in an Audit Division to conduct the audit of branches as well as Management Audits of several Head Office service Units, wherein I had performed following assignments:
Main duties:
• Conducted Audit of Branches as Team Member which include examination and analyzing the statement of affairs / ledger / trial balance, suspense accounts, expenditures, branch banking operations, vouchers (financial & Non financial), financing / credits and other accounting and financial records & system reviews.
• Performed Management Audit of Human Resources Division, Expenditure control, security stationeries and cash Management.
• Active member of fraud investigation team and extensively involved in conducting special audits / fraud investigation.
• Performed the consolidated exercise of Non-performing Loans and Advances of all branches for the year ended December 2006 as per Prudential Regulations issued by the Central Bank.
• Extensively participated with merger control activity at the time of merger with Habib Bank A.G.Zurich; which was nominated by the Head of Audit.
Association with Abbas Karjatwala & Co. provided me with the opportunity to work on diverse assignments that enabled me to develop a broad vision of the Pakistani industry and gain valuable experience in the fields of Assurance and Advisory services, Internal audit, Taxation, Consultancy and Corporate practices.
Member of Certified Internal Auditor (not fully qualified)
Completed Foundation level (part 1) and continue studies for remaining 2 parts
Bachelor of Commerce from Karachi University 2001-2003