Experience

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  Al Ahli Bank of Kuwait

  • Kuwait

  • Treasury Manager - Asset Liability Management (ALM)

    • May 2022 - Present
    • Kuwait

    - Monitoring ABK balance sheets (local and foreign) to optimize profit within risk and regulatory parameters, by undertaking analysis and providing advice to dealers.- Monitoring and managing the Bank's liquidity within internal and external requirements, especially in regard to regulatory compliance (NSFR, LDR, LCR, MLL etc.)- Preparing daily, weekly, and monthly ALM Treasury reports used for monitoring and control purposes.- Monitor money market positions, and cash flows.- Forecasting critical regulatory Ratios (NSFR, LDR, LCR, etc.) for various reporting levels (Local, Bank wide and Consolidated levels). - Ensuring all dealing activities are in line with regulations and internal/external requirements.

• 

  EY

  • Assistant Manager

    • Apr 2020 - Aug 2022

    •Lead initiatives relating to IBOR Reform including supporting the delivery of IBOR training sessions, analyzing IBOR publications and drafting of technical paper. •Lead IBOR activities for an UAE Bank involving assessment of risk exposure, review of Contracts and trades analysis.•Advising clients on technical IFRS accounting matters under IFRS 9, IFRS 16, IFRS 15, IFRS 3, IFRS 10, etc. for major banking/financial institutions.•Lead group reorganization and other operational enhancement initiatives.•Advising and supporting audit teams of local and regional Banks. •Lead IFRS 9 assessments for local and regional institutions and Banks (conventional and Islamic). •Conducted gap analysis for entities to identify gaps in business processes, systems, methodologies, and internal controls.•Assisting telecoms in the gap assessment and implementation of IFRS 15 & IFRS 9.•Reviewed Credit Risk Parameters (PD, LGD, EAD, forward-looking information, PD calibrationapproaches) and conducted model validations per IFRS 9.•Reviewed IFRS 9 assumptions (e.g. portfolio segmentation, SICR, rebuttal of DPDthresholds, forward looking information, backward/forward transitions, scenarios, probabilityweightings etc.)•Reviewed methodology selected for estimation of Expected Credit Losses (ECLs). •Managed the coordination between Finance, Risk, Operations, and IT throughout various engagements. •Prepared findings and recommendations report for Management on outcomes of risk management and internal control assessments.•Delivered training on COVID 19 Impact on financial services sectors and the impact on Financial Reporting.•Delivered various training sessions (in English and Arabic) for team/Client knowledge sharing and skill enhancement.

  • Senior Consultant - Financial Accounting & Advisory Services (FAAS)

    • Oct 2017 - Apr 2020

    Designed policies and procedures manuals for departments such as Finance, Budgeting, and Treasury. Redesigned the Procurement and Finance Function policies and processes for a Kuwaiti Anti-Corruption Authority under a project governed by the United Nations Development Program. Developed organizational charts, Job Descriptions, Delegation of Authority (DoA) matrix, and training/recruiting plans.

  • Consultant - Financial Accounting Advisory Services (FAAS)

    • Nov 2015 - Oct 2017

    Consultant within the Financial Accounting Advisory Services in Kuwait, providing advisory services to diverse corporations and financial institutions.Have assisted in evaluating the financial impact of applying the requirements of IFRS 15 on planned metrics (revenue, EBITDA, and profitability) of leading telecommunication service provider in Kuwait.Have assisted in projects with leading Banks, both Islamic and conventional Banks, in Kuwait for IFRS 9 impact assessment and gap analysis. Assisted in the implementation of new accounting standards and managerial accounting concepts for several leading organizations within Kuwait.

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  Deloitte Middle East

  • Kuwait

  • Business Analyst Corporate TAX

    • Oct 2014 - Nov 2015
    • Kuwait

    Prepared and filed of the Corporate Income Tax (CIT), Zakat and National Labor Support Tax (NLST) of foreign and local companies and any other compliance requirements (registration and tax cards).Supported in the audit of the foreign companies' tax based financial statements in accordance with the IASs and the Kuwait tax rules.Advised companies of any potential tax risks and possible disallowances that might be applied by the Kuwait Tax Authority (KTA) based on their current practice.Assisted companies with their tax planning by reviewing the relevant contracts in Kuwait from tax perspective and advised them of the applicability of the provision of tax treaties signed between Kuwait and respective countries. Administered budget execution and receivables collection to ensure departmental requirements are in line.

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  Citco Fund Services

  • Halifax, Canada Area

  • Operations Analyst

    • Sep 2013 - Aug 2014
    • Halifax, Canada Area

    Produced daily operational deliverable in line with client and other Citco offices Service Level Agreements.Prepared trades, positions, and cash reconciliations on a daily basis for multiple funds; and actively resolved discrepancies between Citco, brokers, and clients. Monitored daily portfolio pricing, and analyzed financial information to aid in the preparation of trade and cash reconciliations and help resolve unmatched or failed trades with prime brokers. Developed strong knowledge of listed instruments, the implications of trading them, the accounting entries associated with the trades, and the proper reporting of breaks associated with them.Supported the conversation of any new clients or existing migrations through close monitoring of client emails and distribution lists. Booked General Ledger entries to appropriate fund accounts using internal macros and applications.Proactively communicated issues impacting deliverable deadlines to appropriate downstream parties (internal and/or external). Created and enhanced support guides for new and existing procedures and shared these documents with team members to ensure consistent cross training