• Using Risk Based Approach developing compliance programs for operations, market, ethics and compliance risk.
• Ensuring monitoring programs and comprehensive assessing, identifying, testing and reporting processes are in place for compliance with the policies.
• Review, evaluate & coordinate existing policies & procedures and recommend changes to ensure an effective compliance function.
• Ensuring risk framework is embedded in the business processes for timely identification and reporting of the risks and ensuring that effective control procedures are in place.
• Providing guidance and support in deploying risk-based methodology for the identification of risk within all parts of the business.
• Conducting periodic compliance reviews of business processes and policies to ensure that they are in compliance with the regulations and recommending corrective action.
• Identify breaches in the regulations; issue reports and ensure immediate remedial actions are taken to resolve the breaches.
• Providing guidance and following up on the corrective action plans to ensure that they are timely implemented and closed.
• Managed the projects and implemented international regulations such as CRS; FATCA; FATF requirements; Volcker Rules; EMIR; MIFID.
• Implement framework and ensure timely submission of reports related to CRS and FATCA.
• Preparing and presenting reports on various aspects of risk to Board Risk Committee; Audit Committee; and Compliance Committee.
• Ensuring policies and procedures are in compliance with the regulatory requirements.
• Ensuring dissemination of updated rules and regulations and briefing business lines; support functions; and Committees (Board and Management) about their impact on policies.
• Establishing a close relationship with all the areas in the bank and providing solutions to the business to comply with the regulations.
• Working closely with the other control functions Internal Audit; Operational Risk & Control to avoid redundancies in testing and monitoring activities.
• Monitoring pending regulatory examinations’ findings to ensure their timely implementation to avoid any regulatory sanctions.
• Working closely with the external auditors and SAMA.

• Serving as the subject matter expert to ensure documents, projects, processes and product initiatives comply with the regulatory requirements.
• Designing, implementing and oversight of control framework, process and system.
• Synthesizing analyses, identifying root cause(s), and providing recommendations that influence business solutions.
• Providing compliance input on business action plans, projects and operational requests to the Group Heads of the Business lines.
• Regularly reviewing compliance policies and framework to ensure that it is in line with the regulatory expectations.
• Identifying potential compliance risks, related to products and services, proactively through monitoring, auditing and testing.
• Ensuring proper implementation of Compliance requirements related to banking products (assets and liability) and services for the identified outstanding compliance issues.
• Implemented Compliance Management System (GRC); and FATCA Management System.
• Centralized and established policies & procedures and regulatory circulars database in the bank.
• Reviewing implementation of new laws and regulations, including FATCA and CRS and ensuring appropriate parties have been engaged for the full implementation of the regulatory requirements.
• Applying advanced knowledge of the business, its products and processes; and offering recommendations and assisting in making project related decisions within scope of work assignment.
• Developing and providing training on various regulatory matters to staff across the bank.
• Conveying information on regulatory and group policies gaps clearly, concisely, logically and in an organized manner to the senior management and the Compliance Committee.
• Utilizing strong leadership and collaboration skills while interacting with various Compliance functions and colleagues in the bank.
• Serving as a mentor to peers and team members for assigned area of responsibility. Mentoring and enhancing compliance staff knowledge competencies.
• Demonstrating awareness of personal leadership style and working to achieve quality results by motivating and inspiring highly skilled team of compliance professionals.

• Setting up Compliance framework to ensure proactive monitoring and timely identification, assessment, advice and dissemination of legal and regulatory changes.
• Developing and implementing Compliance Programs across business lines
• Identify, plan and implement change programs to mitigate regulatory risks; identify the gaps and taking appropriate measures to ensure that the controls are adequate.
• Reviewing and adjusting Compliance program on semi annual basis to ensure that exposure to regulatory compliance and reputational risks is managed, in a practical and effective manner.
• Administering and ensuring that all aspects of Compliance Program are delivered and Compliance initiatives are implemented across the business lines and support divisions.
• Maintaining compliance risk map and conducting thematic reviews to ensure that the compliance risk related to an activity is addressed and managed.
• Managing and conducting periodic assessment reviews covering lending, operational and administrative compliance activities to identify regulatory and controls issues and work with the respective groups to agree on and implement corrective action plans to manage compliance risk in a proactive manner.
• Supporting business lines in completing the regulatory requirements and working closely with the regulator to timely address their needs.
• Represent bank with regulator on various matters.
• Providing appropriate information, guidance and support on new and emerging compliance related matters to all business lines, divisions and employees of BSF to mitigate risks.
• Participating in the various business lines initiated projects to ensure that the related matters are addressed at the initiation of the projects and the regulatory and reputational risk is effectively managed through business processes.
• Providing Group Head with appropriate information as requested from time to time on the state of compliance.
• Providing policy advice and support related to products and services and obtain necessary regulatory approvals prior to their offering to the clients.
• Regularly reviewing products to ensure that their disclosures, marketing material, and practices remain up-to date and complaint with the changing regulatory requirements.
• Ensuring KYC, CDD and client acceptance Group policies are up-to-date and followed by all the business lines in the bank
• Ensuring FATCA related requirements are embedded in the policies and procedures for both new and existing clients. And enhanced due diligence is carried out for clients with US indices.
• Providing input on various training programs to ensure that the training materials cover the necessary regulatory requirements.
• Providing support, through reviews, to the business lines and support functions in the bank on strengthening their policies and procedures.
• Developing and implementing CDD policies, procedures and standards and ensuring that they are in place to mitigate AML/CTF compliance risks.
• Managing various committees including Compliance Management Committee, New Activity and Product approval Committee and other committees specified in the Compliance Program and updating the members on various regulatory matters.
• Ensuring the delivery of appropriate, timely and relevant risk information to various stakeholders and Board of Directors.
• Taking initiatives to implement strong compliance culture throughout the organizations.

• Managed the project for the preparation of three years Strategic Risk Based Audit Plan for the Internal Audit Division. The project involved risk identification of various functions/process within the Bank, conducting risk validation meetings and workshops.
• Preparation of annual operational plan for the Audit Department.
• Continuous monitoring and supervision of the ongoing audit assignments
• Review, finalization and issuance of Audit Reports
• Presentation of Significant issues noted during the Audit assignments to the Audit Committee.
• Preparation of quarterly activity reports related to Audit Department for the Audit Committee.
• Assess risk associated with the processes and to prepare audit program based on assessed risk and test of controls
• Conduct the audit and to supervise the other team members in performing their tasks
• Prepare the audit report and to discuss the issues with the auditees
• Attend the closing meetings to discuss overall audit report and the audit rating of the auditees
• Follow-up with the auditees for the resolution of un-resolved audit issues

• Perform financial examinations and conduct reviews of compliance under very tight deadlines. Some of the firms audited include Investor’s Group, Dundee Private Investors Inc., Manulife Financial Services, Berkshire Investment Group Inc. and subsidiaries of National Bank of Canada, TD Bank and Industrial Alliance.
• Plan and perform regular field audits of members firms for conformance to rules and regulations.
• Compiling of audit findings and audit reports.
• Follow-up of audit findings to ensure adequacy and timeliness of action plans.
• Monitor and assess risk levels, review books and records and business activities to ensure Member’s compliance with rules and regulations.
• Review regulatory financial filings in accordance with the MFDA rules and GAAP on a monthly basis.
• Provide financial regulatory compliance opinions to the sales compliance team.
• Work with various provincial regulatory authorities in Canada.

• Prepare the annual audit plan of branches
• Review the audit reports of the branches and to follow-up major issues with the higher management.
• Provide quarterly report of the performance of the Audit Department along with the major issues noted during the audit to the Audit Committee.
• Visit the regional audit office for quality review of the audit work performed.
• Assist the Head of Internal Audit for the preparation of minutes of meetings of the audit committee and to liaison with the other groups for the implementation of recommendations raised by the Audit committee.

• Assess risk associated with the processes and to prepare audit program based on assessed risk and test of controls
• Prepare the audit report and to discuss the issues with the auditees
• Attend the closing meetings to discuss overall audit report and the audit rating of the auditees
• Follow-up with the auditees for the resolution of un-resolved audit issues