Tarig Abdelhameed Eltayeb
Dubai,UAE
Summary
Resourceful and detail-oriented professional with extensive experience leading compliance programmess, risk management, credit analysis, and corporate governance across financial services industry.
Instrumental in introducing change initiatives and system improvements to optimise firm’s growth. History of conducting quality audits and updating reports in collaboration with cross-functional teams. Adept at monitoring all operational processes using compliance management system to ensure adherence to all legal regulations. Known for developing sustainable corporate governance models and resolving stakeholder concerns in prompt manner. Specialised in reviewing/assessing efficiency of risk and compliance framework. Expert in administering portfolio management, logistics coordination, client relationship, and third-party dealings. Proficient in MS Office Suite and Internet/E-mail Applications.
Overview
21
21
years of professional experience
6
6
years of post-secondary education
Work history
Risk & Compliance Manager
Al Afnan Commercial Brokers LLC, Afnan Exchange
Dubai, UAE
02.2022 - Current
- Visa 2/11/1967 Sudanese
- Resourceful and detail-oriented professional with extensive experience leading compliance programmess, risk management, credit analysis, and corporate governance across financial services industry
- Instrumental in introducing change initiatives and system improvements to optimise firm's growth
- History of conducting quality audits and updating reports in collaboration with cross-functional teams
- Adept at monitoring all operational processes using compliance management system to ensure adherence to all legal regulations
- Known for developing sustainable corporate governance models and resolving stakeholder concerns in prompt manner
- Specialised in reviewing/assessing efficiency of risk and compliance framework
- Expert in administering portfolio management, logistics coordination, client relationship, and third-party dealings
- Proficient in MS Office Suite and Internet/E-mail Applications
- Areas of Expertise
- Strategic Planning
- Process Improvement
- Administrative Operations
- Compliance Management
- Risk Management
- Corporate Policies
- Credit Analysis
- Team Training & Leadership
- Legal Documentation
- Customer Service
- Data Integrity
- AR & AP Processes
- Accomplishments
- Won twice ABN Amro Bank's Credit Department Employee of Month award
- Raised bank's collection amount to AED 120K each month by following successful negotiations
- Increased firm's annual sales increase by leveraging management techniques to streamline reporting processes, enhance workflow, and reduce costs
- Acquired thorough working understanding of accepted practices across manufacturing, retail, banking, advertising, sports, finance, and contracting sectors in GCC and beyond
- Received four times Standard Chartered Bank Collector of Month award for outstanding performance, greatest collection, exceeding goals, and providing superior customer service
- Applied management methods in improving workflow, simplifying reporting procedures, and implementing cost reductions to participate in growing annual sales of company
- Oversee Key Risk Indicator (KRI) programme and supervise quarterly updates procedure
- Establish reliable internal controls and monitor compliance, whilst revising corporate policies
- Support business lines in recording all necessary risk controls and legal/regulatory compliance
- Lead development of compliance programmes, internal controls, and operational processes
- Coordinate with external auditors and HR to audit processes, practices, and documents to identify weaknesses
- Plan strategies to manage crisis/compliance infringement
- Train employees on regulations and industry practices as well as respond to staff queries about legal compliance
- Collaborate with KYC/onboarding team to perform sanction screening as part of due diligence process for new and current clients
- Administer development of risk-based approach for compliance and regulatory affairs
- Liaise with business and technology specialists and interact with internal and external auditors to track compliance with regulatory standards
- Maintain all relevant records, including training logs and deputising MLRO
- Introduced and implemented successful legal compliance programme
- Gauged risk of compliance by analysing corporate operations, such as investments
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- Facilitated daily transaction monitoring by locating and interpreting signs of elevated risk
- Evaluated resultant compliance risk profile for business lines/segments, legal entities, and trends over time.
- Maintained full knowledge of current regulatory environment and made proactive adjustments to meet changing requirements.
- Established, monitored and reported on risk management metrics to assist with decision-making.
- Facilitated identification, analysis and corrective action planning for corporate-wide risks.
- Challenged mitigations and corrective action strategies to evaluate efficacy and identify improvements.
- Supported and standardised risk management processes and updated SOPs to reflect changes.
- Standardised risk and performance metrics to increase efficiencies.
- Coordinated risk review process, challenging risk descriptors and mitigations to detect vulnerabilities.
- Reviewed and sanctioned financial crime risk and delivered financial crime communications in alignment with FCMO.
- Assessed risk reporting processes to verify inclusion of all tactical, technical and strategic risks and issues.
- Developed and assisted risk strategy implementation and delivery across all enterprise levels.
- Investigated and evaluated customers for credit worthiness and potential risk factors.
- Reported KPIs to department heads for cash-flow management, adjusting credit risk policies and procedures accordingly.
- Conducted technical risk analysis, collaborating with technical leadership in accepting identified risks.
- Drafted clear and concise reports on risk profiles and audit findings.
- Embedded controls and processes to monitor, report and minimise impact of financial crime.
Corporate Manager
Leem Essam Trading
Dubai, UAE
10.2012 - 02.2022
- Served as credit control manager with proven leadership abilities to consistently meet objectives
- Assisted board of directors in creating organisation's vision and strategy
- Monitored and audited outsourced suppliers in accordance with service agreements and established criteria
- Collaborated with regional customs officials and other government agencies for authorisations on imports/exports
- Ensured firm's operations fulfill demands of patrons, board, and funders
- Managed credit and operations of both single- and multi-unit complexes
- Led development, planning, and implementation of comprehensive risk management procedures
- Planned and scheduled operations of credit and customer setup teams
- Determined budgets and monitored costs to ensure timely and accurate completion of file evaluations
- Maintained records of all payments and expenses, such as payroll, purchase orders, invoices, and bills
- Conducted account analyses and generated monthly reports
- Oversaw all facets of debtors' database and prepared declarations, client status reports, as well as pertinent data
- Initiated process assessments and improvements to streamline and enhance productivity
- Detected, evaluated, and notified board of directors of any concerns impacting organisation
- Ensured quick collection of accounts receivables and established credit terms and circumstances
- Created and standardised written policy guidelines for credit and customer onboarding processes
- Prepared paychecks and confirmed expenditure reports to pay employees, while enhancing payment procedures
- Improved coordination between each function, such as HR, IT, and Finance as well as efficacy of support services.
- Reviewed and updated existing training materials, methodologies and content to reflect current business needs.
Sr. Asst. Credit Risk Manager
Dubai
Dubai, UAE
07.2007 - 10.2012
- Targeted areas and requests highlighted by industry regulators, working within specified timeframes.
- Delivered financial insights to technical and non-technical audiences, explaining plans of action.
- Enhanced credit risk framework to guide operational decisions for [Number]-wide team.
- Negotiated favourable credit terms and covenants in agreements.
- Devised risk mitigation strategies to safeguard from operational risk.
- Presented outcomes of thorough and complex analyses in structured and organised way.
- Worked cross-functionally to evaluate and refine internal processes, increasing protection from financial risk.
- Produced high-quality credit documentations and reports consistent with brand guidelines.
- Scrutinised portfolio risk by planning and conducting stress tests.
- Contributed to end-to-end analysis of credit risk to determine viability.
- Reviewed and submitted applications to management with recommendations.
- Devised credit and repayment plans for secure finance management.
- Evaluated client credit check outcomes to provide complete financial advice.
- Wrote professional correspondence outlining ageing account information.
- Issued official approval and rejection notices within allowable limits and in line with institutional risk profiles.
- Documented client applications for personal, business and mortgage loans.
- Analysed financial statements to identify client viability and risk.
- Prepared documentation on loan repayment feasibility.
- Interviewed customers to assess current and projected financial positions.
Senior Credit Analyst - Team Leader
ABN Amro Bank
Dubai, UAE
02.2003 - 07.2007
- Summarised and presented results and recommendations from analysis to continue progression of business.
- Aided sales teams to structure financial transactions.
- Stayed abreast with lending protocols to comply with guidelines and procedures.
- Created and monitored KPIs across lifecycle for consistent development and improvement.
- Studied financial statements to determine ability of company to repay debts.
- Managed business credit reports using relevant research, investigation methods and data to provide evidence for recommendations.
- Produced portfolio management reports to cover regulatory external returns.
- Evaluated financial data to measure risk exposure and recommend solutions.
- Reviewed applications to assess needs and benefits.
- Investigated exposure to risks, proposing framework and activity to provide best company resilience.
- Interviewed applicants to gather history, income and information.
- Identified discrepancies and variances to reconcile credit files.
- Developed credit repayment plan to preserve stability.
- Tracked loans to gauge signs of financial distress or possible fraud.
- Liaised with team and lending institutions to assist with decision process.
- Reviewed business plans to verify capability of applicants to repay loans.
- Actioned credit requests from stakeholders, maintaining company credit exposure within frameworks.
Education
Diploma - Risk Management
Oxford Home Study Centre
UK 09.2022 - 01.2023
Certificate in Six Sigma (Green Belt - Management
Synergy Business School
India 11.2019 - 12.2019
Certificate In Initiating & Planning Projects - Project management
University of California
US 11.2016 - 12.2016
Certificate In Financial Consultant (CFC) - Finance
The Institute of Financial Consultants
US 01.2014 - 07.2014
Diploma - Banking Studies
Pitman Institute
India 07.1992 - 06.1993
Bachelor of Science - Chemistry
University of Pune
India 07.1987 - 06.1991
Skills
- Corporate governance
- Compliance strategy
- Risk management process development
- Risk assessment
- Risk prevention programmes
- Process improvement
- Credit limit reviews
- Credit control procedures
- Policy application
- Credit compliance analysis
- Performance monitoring
- Credit risk analysis
- Lending policies and processes
- Credit application processes
- Debt recovery
- Credit term negotiation
- Debt reporting
- Credit reports
- Credit decisions
- Loan recovery processes
- Financial audits
- Loan documentation
- Credit analysis
Languages
Arabic
Native
English
Fluent
Work availability
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
morning
afternoon
evening
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Quote
The way to get started is to quit talking and begin doing.
Walt Disney
Timeline
Diploma - Risk Management
Oxford Home Study Centre
09.2022 - 01.2023
Risk & Compliance Manager
Al Afnan Commercial Brokers LLC, Afnan Exchange
02.2022 - Current
Certificate in Six Sigma (Green Belt - Management
Synergy Business School
11.2019 - 12.2019
Certificate In Initiating & Planning Projects - Project management
University of California
11.2016 - 12.2016
Certificate In Financial Consultant (CFC) - Finance
The Institute of Financial Consultants
01.2014 - 07.2014
Corporate Manager
Leem Essam Trading
10.2012 - 02.2022
Sr. Asst. Credit Risk Manager
Dubai
07.2007 - 10.2012
Senior Credit Analyst - Team Leader
ABN Amro Bank
02.2003 - 07.2007
Diploma - Banking Studies
Pitman Institute
07.1992 - 06.1993
Bachelor of Science - Chemistry
University of Pune
07.1987 - 06.1991
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