Zaid Arnaout, Assistant Vice President & Manager

Zaid Arnaout

Assistant Vice President & Manager

Abu Dhabi Commercial Bank

Location
Kuwait - Al Kuwait
Education
Master's degree, Administration And Business Administration
Experience
19 years, 10 Months

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Work Experience

Total years of experience :19 years, 10 Months

Assistant Vice President & Manager at Abu Dhabi Commercial Bank
  • Kuwait - Al Kuwait
  • January 2013 to March 2021

• Support strategic and operational decision 1.making in addition to fulfilling traditional stewardship responsibilities relating to governance, compliance and control.
2.Rely on data to see emerging trends and guide in making strategic plans for the business.
3.Build strong team of talented individuals to achieve superior financial performance by ensuring effective adherence to regulatory bodies and IASs
4.Lead the Finance team to provide timely and fully analysed financial statements and regulatory reports.
5.Coach and support employees both inside and outside of the financial function in order to get the highest results out of the talent on these teams.
6.Build and maintain strong relationships with regulatory and audit bodies.
7.Core member in executive committee meetings.

Senior Financial Analyst at Kuwait Finance House
  • Kuwait - Al Kuwait
  • March 2007 to January 2013

1.Prepared Capital Adequacy reports according to Basel accords for KFH group (HO and 15 consolidated subsidiaries) on the consolidation level.
2.Supported Risk Department in the preparation of stress testing reports for the group.
3.Coordinated with international rating agencies (S&P, Moody’s). Analyse and report the impact of assessment methodologies on bank’s credit rating to executive management.
4.Prepared and analysed financial statements (HO and 15 consolidated subsidiaries).
5.Mentored KFH team in local and international subsidiaries (Kuwait, Malaysia, Turkey & Bahrain) to effectively prepare financial and risk reports.

Supervisor, Treasury and Investment at Jordan Kuwait bank
  • Jordan - Amman
  • September 2004 to March 2007

1.Built and maintained business relationship with Key financial institutions & correspondent banks.
2.Studied and negotiated opportunities with financial institutions and provided recommendations to executive management.
3.Ensured business flow of Treasury & Trade Finance Departments with correspondent banks (Money Markets, Letters of Credit, Letters of Guarantees, payment orders and transfers).
4.Participated in setting the annual investment plan of Treasury and Investment Department.

Treasury Operations and Risk Control at Standard Charrtered Bank
  • Jordan - Amman
  • June 2001 to August 2004

1-Taking a lead role in Treasury Operations hubbing project.
2-Creating a database to monitor the performance of sectors in terms of sales and new credit facilities.
3-Core member in the implementation of the new core banking system (BBS).
4-Preparing Liquidity Reports ( Liquidity Mismatch, LD ratio, Liquidity ratio).
5-Preparing P&L report and Aggregate position report.
6-Reconciling Nostro accounts and suspense accounts.
7-Booking deals (Money Market, Foreign Exchange, CDs and T-Bills).
8-Reviewing dealers' limits reports and other reports to see if there are any breaches or malpractices by dealers.
9-Preparing risk reports including operational and market risk reports to senior management in London.

Education

Master's degree, Administration And Business Administration
  • at Heriot-watt University
  • June 2021
Bachelor's degree, Managemennt
  • at Amman Ahliyya University
  • June 1998

74.8%

Specialties & Skills

Internal Controls
Strategic Financial Planning
Regulatory Reporting
Risk Management
Financial Reporting

Languages

English
Expert
Arabic
Expert

Memberships

Institute of Risk Management
  • Certificant
  • March 2010

Training and Certifications

Certificate International Risk Management (Training)
Training Institute:
IRM
Date Attended:
November 2010