Summary
Overview
Work history
Education
Skills
Technical Skills
Languages
Timeline
Generic
Mohamad El Ali

Mohamad El Ali

Abu Dhabi,United Arab Emirates

Summary

Specialist Clearing & Settlement HUB Operations

Detail-oriented and analytical Clearing & Settlement Specialist with 3 years of experience in financial market operations, clearing systems, and regulatory compliance. Adept at managing high-volume transactions, mitigating risks, and ensuring seamless post-trade operations. Strong knowledge of international clearing mechanisms, SWIFT messaging, and settlement cycles. Proven ability to collaborate with cross-functional teams and stakeholders to enhance operational efficiency in financial hubs and exchanges.

Financial Controller

Results-driven and detail-oriented Financial Controller with 21 years of experience in financial management, budgeting, forecasting, and compliance. Proven track record in optimizing financial processes, enhancing reporting accuracy, and implementing cost-saving strategies. Adept at leading teams, ensuring regulatory adherence, and supporting executive decision-making through data-driven insights.

Overview

25
25
years of professional experience

Work history

Specialist Clearing & Settlement HUB Operations

Abu Dhabi Securities Exchange
Abu Dhabi, UAE
05.2022 - Current

Manage all the post-trade activities, including the HUB system.
Manage day-to-day system activities, including HUB system (Set daily settlement prices and final settlement prices; run mark-to-market and clearing cycles)
Make margin calls to HUB Clearing Members and manage the deposited collateral
Account management
Post-trade management
Collateral management
Monitor trading limits and take appropriate action as and when necessary
Track payment operations and highlight any discrepancies
Work closely with internal departments to ensure seamless operations and error-free transactions
Liaise with Regulatory and Compliance departments to ensure compliance to applicable rules and regulations

Financial Controller

Abu Dhabi Securities Exchange
Abu Dhabi, UAE
03.2001 - 05.2022

Led the financial operations, ensuring accurate reporting and regulatory compliance.
Managed budgeting and forecasting processes.
Implement internal controls to mitigate financial risks and improve transparency.
Provided strategic insights to senior leadership, enhancing financial decision-making.
Coordinated audits and liaised with external auditors for compliance adherence.
Developed financial models and reports to support business strategy.
Conducted variance analysis, identifying key cost-saving opportunities.
Assisted in implementing new accounting standards and policies.
Supported financial planning and process improvements, driving efficiency.

Auditor

KPMG
Abu Dhabi, UAE
06.2000 - 02.2001

Working for one of the big four international audit firms, even for a short period, gave me the opportunity to gain a thorough understanding of the International Financial Reporting Standards (IFRS) through engagement in audits for a variety of different industry sectors as part of the audit team.

Education

Bachelor’s in accounting -

UAE University
Al Ain, UAE
/1996 - /2000

Skills

Clearing and settlement operations

Trade reconciliation and processing

Risk management and compliance

SWIFT payments and messaging

Regulatory reporting

Market infrastructure knowledge

Stakeholder coordination

Process automation and efficiency

Problem-solving and decision-making

Executive Support & Calendar Management

Office Administration & Operations

Travel & Event Coordination

Budget & Expense Management

Vendor & Supplier Management

Confidential Document Handling

Team Coordination & Leadership

Process Improvement & Efficiency

Financial Planning & Analysis

Financial Reporting & Compliance

Cost Control & Risk Management

Cash Flow Management

Internal Controls & Audit

Technical Skills

  • Clearing & Settlement Platforms
  • Advanced Excel & Financial Modelling
  • ERP & Accounting Software
  • Financial Reporting Tools
  • Tax & Compliance Regulations Knowledge
  • Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Google Workspace
  • Project Management Tools
  • HR Software

Languages

Arabic and English

Timeline

Specialist Clearing & Settlement HUB Operations

Abu Dhabi Securities Exchange
05.2022 - Current

Financial Controller

Abu Dhabi Securities Exchange
03.2001 - 05.2022

Auditor

KPMG
06.2000 - 02.2001

Bachelor’s in accounting -

UAE University
/1996 - /2000
Mohamad El Ali