Rana Ahmed

Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthrough for compliance with documented processes.

• Developed auditing program to address risks and evaluate regulatory requirements.
• Documented recommendations to improve internal controls.
• Identified and reported audit issues.
• Guided departments in developing remediation plans based on audit findings and recommendations.
• Reported audit findings, covering compliance issues related to International Financial Reporting Standards (IFRS) and corporate regulations.
• Prepared working papers, reports and supporting documentation for audit findings.
• Trained new employees on accounting principles and company procedures.

· Designs audit procedures to execute the annual audit plan, assess controls and to meet audit objectives.

· Recommends revisions to audit procedures to enhance efficiencies.

· Performs testing and walkthrough procedures to determine company compliance with regulatory requirements, reviews and analyzes the control structure, performs walkthrough and testing procedures, documents testing results, and communicates results to the process owners.

· Perform pre- and post- implementation reviews of system implementations or enhancements.

· Develop, build & implement tools to analyze data to improve audit efficiency and effectiveness, (including for risk assessments). Ultimately be a source for analytics that business units adopt to provide business insights or for continuous auditing.

· Conduct audits in operational / financial audits.

· Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.

· Reviews and evaluate IT, operational and business risks, functions and activities, in order to determine and recommend nature, scope and direction of proposed audits.

· To ensure that the company is in line with the CBB Compliance and Legal requirements.

· Review the established systems to ensure compliance with those policies, plans, procedures, laws and regulations which could have a significant impact on operations.

· Ensure compliance with schema (MasterCard/visa) rules.

· Act as the Deputy MLRO in conducting quarterly reviews and performs screening for list of polices above the threshold to identify any AML Risk that might occur along with active contact with the regulator compliance directorate.

· Respond to regulator, and external financial institutions in issues in regards with AML, KYC enquiries or certifications.

· Performing quarterly Compliance testing on Client onboarding process, Financial Crime record retention and sanction screening.

· Conducted sanctions screening training for bwallet Call Center / Merchant department staff.

· Ensure that the Company is conducting business in-line with the CBB rulebook requirements.

· Receiving, investigating and assessing internal suspicious transaction reports for the firm and conduct

· quarterly reviews to assess the level of AML within the company.

· Monitoring the appropriateness and effectiveness of the firm’s AML/CFT training Program.

· Reporting to the firm’s senior management on AML and CFT issues and the level of Compliance within the

· organization.

· Handle correspondence with legal counsel regarding corporate non-Motor legal cases, analyzing risks

· Report of any failure in performance in QA process.

· Record and report all internal incidents.

· Apply Personalization and logistics quarterly inspection activity.

· Provide a weekly report on finding, failure and non-compliances.

· Ensure the quality of product is met with the SLA.

· Perform monthly sampling and checks on internal production.

· Provide monthly Trend Report.

· Participating in Dispatching department.

· Review and modify policies and standards.

· Responsible to train new staff.

· Coordinate with CRM and PMO team for any related projects.