Mohamed Magdy
Dubai,UAE
Summary
Detail-oriented Compliance & Processing analyst dedicated to improving policies and procedures in all business areas. Hardworking and driven with quality focused and proactive approach.
Overview
8
8
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work History
Compliance & Processing Analyst
Exinity Group ( FXTM- AlPARI) Trading
Dubai, UAE
10.2024 - Current
- Participated actively in professional trainings to maintain updated knowledge of analytics tools.
- Worked with different departments to promote organization-wide understanding of compliance protocols, fostering an environment of shared responsibility.
- Enhanced compliance program by coordinating with various departments.
- Ensured effective risk management by executing routine audits and assessments.
- Reviewed transactional data for signs of suspicious activity.
- Mitigated potential non-compliance issues by proactive communication with team members.
- Conducted screening of clients to identify sanction, PEP and adverse media risks.
- Reviewed new customer accounts and verified customer identities. Facilitated regular meetings, encouraging collaboration and knowledge sharing amongst colleagues.
- Reviewed customer documents meticulously to ensure regulatory compliance.
- Collaborated effectively with internal teams to expedite KYC verification process.
- Improved regulatory compliance by conducting thorough AML investigations.
Compliance & Processing Specialist
Logic utilities-Empower group
Dubai, UAE
08.2023 - 09.2024
- Conducted training sessions for staff to improve understanding of regulatory requirements.
- Implemented new compliance procedures, ensuring alignment with industry regulations.
- Monitor the correct workflow for deposits and withdrawals in internal systems.
- Monitored transactions carefully for any suspicious activity or non-compliance issues.
- Completed thorough due diligence checks on clients to ensure regulatory adherence.
- Handle inquiries from both internal and external customers regarding payments through emails and other internal systems and verify supportive documents.
- Interpreted and analyzed KYC data to accurately risk assess existing clients.
- Identify discrepancies or errors in processing and take appropriate corrective actions.
Compliance Analyst
Pyypl.com
Dubai, UAE
08.2022 - 07.2023
- Document systemic compliance problems and inappropriate business practices for official reporting.
- Produce and maintain appropriate AML/CFT, Compliance and Risk policies and procedures for business and ensure that are maintained in line with local regulatory requirements.
- Receive all suspicious activity reports and liaise internally and externally as appropriate.
- Perform compliance risk assessments, to ensure business runs smoothly Conduct KYC due diligence on new and existing counter parties globally and locally.
- Following-up on pending KYC for dedicated offices/departments, as per list circulated by Head of AML, and ensuring appropriate due diligence is requested and obtained.
- Performed compliance screening and resolve overnight matches on counter parties in order to identify, document and mitigate compliance, regulatory and reputational risks.
- Monitors all operational processes and procedures using compliance management platform to ensure that company complies with all legal regulations and ethical standards 100 %.
- Performed regular record-keeping tasks; maintained high levels of organizational efficiency.
- Developed and implemented effective compliance programs for regulatory success.
- Compiled comprehensive reports to assist in strategic decision making.
KYC Specialist
Noon.com
Dubai, UAE
12.2018 - 06.2022
- Review, process, verify, and manage client onboarding journey.
- Conduct electronic checks, including PEP and sanction checks Liaise with clients where required, ensuring efficient onboarding experience.
- Ensure all client communications and records are accurate and up to date.
- Identify and monitor possible Politically Exposed Persons or Sanctioned individuals for KYC and risk purposes.
- Perform client due diligence to ensure that all accounts are in accordance with Compliance policies and procedures.
- Produce reports and Management Information for company leadership and ensure adherence to departments SLAs.
- Interpreted and analyzed KYC data to accurately risk assess existing clients.
- Reviewed new customer accounts and verified customer identities Support Compliance Officer with day-to-day activities and met daily, weekly and monthly KPI targets maintaining 100% quality standards.
- Streamlined KYC processes by introducing digital data collection tools.
- Prepared detailed reports to aid senior management decision making.
Senior Escalation Specialist
Etisalat UAE
Dubai, UAE
12.2016 - 11.2018
- Resolved complaints requiring escalation using advanced conflict management skills.
- Identified complaint trends and patterns to report to management and guide changes.
- Owned end-to-end complaint handling and resolution in line with established procedures, handle more than 80 complaint daily.
- Communicated customer feedback through appropriate channels to help fuel continuous improvement.
- Implemented customer follow up to uphold service standards Processed and issued refunds, exchanges and credit notes, providing tailored solutions to customer issues.
Education
Bachelor of English commerce - Auditing & Accounting
Cairo university
Egypt 01.2012 - 01.2016
Skills
RCA & RTO Analysis
Detailed Oriented
Policy Analysis
Investigations Skills
Report Preparation
Critical Thinking
SAR filing experience
SQL database familiarity
Document Review
KYC regulations knowledge
Advanced analytics
Result-Oriented approach
Regulatory compliance
Certification
- Preparing for CISI (UAE financial rules and Regulations) SCA.
- Certified ACAMS- Anti-money laundering specialist with a score of 93%. Dec 2023.
- Business Analysis Certificate from Google, Google online June 2022.
Languages
English
Proficient (C2)
Arabic
Proficient (C2)
Timeline
Compliance & Processing Analyst
Exinity Group ( FXTM- AlPARI) Trading
10.2024 - Current
Compliance & Processing Specialist
Logic utilities-Empower group
08.2023 - 09.2024
Compliance Analyst
Pyypl.com
08.2022 - 07.2023
KYC Specialist
Noon.com
12.2018 - 06.2022
Senior Escalation Specialist
Etisalat UAE
12.2016 - 11.2018
Bachelor of English commerce - Auditing & Accounting
Cairo university
01.2012 - 01.2016
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