Manager - Operational Risk and Business Continuity Management Specialist
AJman Bank (Islamic)
Total years of experience :17 years, 7 Months
Operational Risk Management/ Fraud Risk Management / Business Continuity Management / Reputational Risk Management.
Policy and Procedures, Minimum Standards, RCSA, KRI, CST, Committee Chartera and Committee Meetings, Sunguard System, Risk Reviews, Trainings, Business Impact Analysis
Commercial Bank International - Dubai, United Arab Emirates
Operational Risk Officer- Enterprise Risk Management Aug 2011- Present
-Developing and conducting the Risk & Controls Self Assessment workshops in coordination with functional and business department’s heads /Operational Risk Coordinators to consolidate the Risks & Controls & also ensuring that the all existing inherent risks and controls are adequately represented in RCSA and that all material risks in the business have effective controls in place for mitigation.
-Reviewing frequency and seriousness of Key Risk Indicators breaches derived from RCSA on monthly basis as reported by BUs / Branches.
-Managing the banks Operational Loss Events Database by identifying and recording control gaps, accountabilities, and policy violations and report significant events to the BU’s/ Branches Heads and follow-up with corrective actions.
-Responsible for Issuance of periodic Operational Risk reports (Monthly/Quarterly).
-Generating Reports and OR dashboard from aCCelerate system for OR Loss events provide risk information/updates to Operational Risk Committee (ORC) as appropriate.
-Conducted Branches Risk Assessment (2013) for all UAE branches with the objective of mitigating process & control gaps. (Focused on process related risks & controls and the physical security of the branch premise).
-Facilitating bank wide Training Session on “Operational risk awareness” and “Loss data reporting”.
-Prepared Operational Risk Policy & Procedures & performed a Gap analysis with actual implementation.
-Give recommendations and corrective measures in any new or existing product or policies from Operational Risk perspective.
-Prepared the Operational Risk Heat Map based on OR capital charge from risk mappings and assessments.
-Prepared the Operational Risk awareness-training questionnaire for the CBI E- Learning program.
-Prepared Service Level Agreement (SLA) between Operational Risk and stakeholder units.
-Performed an in-depth analysis on group wise (CBG/ RBG) cheque returns & CASA dormant accounts under Corporate and Retail group.
-Initiated ORM-System for loss data collection-LDC across the bank; conducted workshops and data mapping sessions with OR coordinators.
-Develop & managed RCSAs program across the Bank, including validation of RCSAs developed by BUs and reporting result of RCSA to senior management.
-Developed Key Risk Indicators (KRI’s) templates for people, process, system, and external risks with the liaison of all departments/business units, Identification of Key Risks indicators, & threshold setting.
-Submission of Institutional Risk Assessment (IRAF) Questionnaire to the regulator on half-yearly basis.
-Provide operational risk framework presentations and lectures (including system training) across the BUs.
-Risk Reporting - Maintained Operational Risk Reporting, ORM scorecards and Risk Management dashboards.
-Part of development team for Operational Risk Policy & Procedures.
-Maintained and analyzed Consumer portfolio, Staff portfolio, and International portfolio and send calculation for Reconciliation.
-Handled different portfolio like IBG, CBG, FIG, Retail, Cash placement, Investments and NPLs.
-Responsible for MCR/CAR of Islamic Banking Ameen to Central Bank in conjunction with Finance.
-To incorporate time-to-time changes as per central bank guidelines & research on advance approaches.
-Performed impact analysis on UAE Property Crisis / Mortgages Crises in UAE and their effect of bank capital adequacy ratio of bank & on portfolios to diversify them from future losses.
-Quarterly reporting of Stress testing to central bank on NPLs by applying different shocks as per central bank guidelines and their impact study on capital adequacy presented to senior management/BRMC.
-Responsible for reviewing, analyzing, and underwriting loans for Self Employed, Company and Salaried Customer qualified for loan as per bank internal polices and as per Central Bank guidelines.
-Analysis of property legal documents, property appraisal report, and income estimation reports.
-Responsible for completion of loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
-Coordinated with FRMU & Collections unit for repayment history of customers.
-Performing in house compliance reviews & audit of portfolio.
-Maintaining MIS (Deviation MIS, Status MIS etc).
MBA (Finance) Iqra University, Pakistan 2009