Tarig Eltayeb
Dubai
Summary
Dynamic professional demonstrating strengths in risk assessment and cross-department collaboration. Adapts compliance controls to operational procedures, enhancing efficiency and reducing risks. Committed to leveraging analytical skills to drive effective compliance solutions and support business objectives. Results-driven Risk Compliance Manager with strengths in regulatory compliance and risk mitigation. Establishes robust compliance frameworks that enhance organisational adherence to national and international standards. Advises senior management on strategic implications of compliance regulations, driving informed decision-making.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Risk Compliance Manager
Al Afnan Commercial Brokers
02.2022 - Current
- Reviewed contracts and agreements for compliance with national and international regulatory standards.
- Coordinated with different departments to integrate compliance controls into operational procedures.
- Helped create, implement and adopt best practices on internal policies, processes and procedures.
- Advised senior management on the implications of current and emerging compliance regulations on business strategies.
- Established compliance checklists for different departments, enhancing organisational adherence to regulations.
- Facilitated training sessions for staff on compliance standards, regulations, and best practices.
- Conducted regular internal audits to identify compliance risks and formulated mitigation strategies.
- Liaised with regulatory bodies to stay updated on new legislation and compliance requirements.
- Led training sessions for staff on compliance policies and procedures to foster a culture of compliance.
- Provided expert guidance on anti-money laundering AML practices and fraud prevention measures.
- Oversaw the development of risk assessment tools to evaluate and mitigate compliance risks effectively.
- Implemented corrective action plans in response to audit findings to ensure remediation of compliance gaps.
- Developed and implemented compliance policies and procedures to align with regulatory requirements.
Credit Manager
Leem Essam Trading
10.2012 - 01.2022
- Managed credit risk assessments and conducted financial analyses to minimise defaults on payments.
- Coordinated with sales and customer service departments to align credit policies with business objectives.
- Reviewed new credit requests, verifying eligibility and capability to understand credit position of clients.
- Analysed customer credit data and financial statements to determine the degree of risk involved in extending credit.
- Monitored and reviewed the company's credit control system, suggesting improvements to reduce bad debt levels.
- Conducted credit checks on new clients to assess creditworthiness and set credit limits.
- Received and resolved customer queries efficiently, enabling timely invoice processing and payment.
- Negotiated re-payment plans by identifying cause of delinquent payments to assist recovery of debt, meeting realistic time frames.
- Scrutinised debtor balances to avoid late payments and bad debt, attaining financial stability objectives.
- Reviewed and updated credit control policies to comply with changing regulations and industry standards.
- Maintained up-to-date knowledge of regulatory changes affecting credit operations and ensured compliance.
- Oversaw portfolio of clients to determine payment and credit limits, reporting status of good and bad payers to management.
- Analysed financial data to identify trends and improve credit control strategies.
- Designed and implemented training programmes for new staff on credit policies, tools, and risk assessment techniques.
- Compared customer references, credit ratings, risks and payslips against policy standards to balance risk.
Education
Bachelor of Science - Chemistry
University of Pune
Pune, India01-1991
Diploma of Higher Education - Banking Studies
Pitman Institute
Pune, IndiaSkills
- Compliance auditing
- Risk assessment
- Report drafting
- Compliance reporting
- Policy writing
- Regulatory knowledge
- Risk management
- Cross-department collaboration
- Staff training
- Anti-money laundering
- Compliance monitoring systems
- Negotiation techniques
Languages
English
Proficient
C2
Arabic
Proficient
C2
Certification
Diploma in Risk Management - Oxford Home study Centre - UK
Certificate in Anti-Money Laundering - Future Target Institute - UAE
Six Sigma Green Belt - Synergy Business School - India
CFC - The Institute of Financial Consultants - US
Interests
- Sports
- Music
- Reading
Timeline
Risk Compliance Manager
Al Afnan Commercial Brokers
02.2022 - Current
Credit Manager
Leem Essam Trading
10.2012 - 01.2022
Bachelor of Science - Chemistry
University of Pune
Diploma of Higher Education - Banking Studies
Pitman Institute