Office Back
Resume:
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Ahmed Adam Al-Turabi
Villa ***, Road
East Riffa, Kingdom of Bahrain
Nationality: Bahraini
Marital Status: Single
Bahrain Contact: +973-********
Date of Birth: 19th – Jul -1987
CPR: 870703536
E-mail: **********@*****.***
Work Experience
Sep 2014 – Recant – M.Q Contracting, Trading, Carpentry and Aluminum Scope of Responsibilities
Controls the direction of the company
Decides budgets for all departments
Generates new business and gives approval of new projects
Select, hire, and instruct laborers and subcontractors
Lead the strategic direction of this critical business function
Prepare and negotiate cost estimates, budgets, and work timetables.
Select appropriate construction methods and strategies
Interpret and explain contracts and technical information to workers and other professionals
Report on work progress and budget matters to clients
Instruct and supervise construction personnel and activities onsite
Collaborate with architects, engineers, and other construction and building specialists
Respond to work delays and other problems and emergencies
Comply with legal requirements, building and safety codes, and other regulations
Prepare monthly cost forecasting summaries
Control and monitor labor, material and equipment expenses. August 2011- l Sep 2014 - Securities and Fund Services - Citibank Global Transaction services- Securities and Fund Services Department: Scope of Responsibilities
Buying & Selling Security trades for Bahrain, Kuwait, UAE –ADX, DFM and DIFX – and Qatar stock exchanges.
Opening custody accounts, cash accounts, future clearing and trading accounts with relevant custodians and varies brokers
Provide tax documentation to the custodians on an annual and regular basis.
Coordinate tax reclaim documentation requirements between the custodian and the Ministry of Finance for Kuwait and UAE Markets.
Managing the settlement team for Security trades for Bahrain, Kuwait, UAE –ADX, DFM and DIFX – and Qatar stock exchanges.
Handling Corporate Action for all market Bahrain, Kuwait, UAE –ADX, DFM and DIFX.
Responsible for the internal /external audit review
Apply Bonus share, dividend checks and right forms applications Communicating with Global Clients
Managing billing unit
Reporting daily cash, asset settlements and holdings
Maintaining movement of shares
Maintain Reconciliation of Cash balances
Investigating discrepancies in cash ledgers
Reconciling Holdings of clients with other regions.
Maintaining Standing instructions from clients
Calculating monthly custodian and transaction Charges
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Preparing monthly, weekly and daily Reconciliation of holdings
Working as front office for Mena Global window custody clients
Calculating monthly custodian and transaction Charges
Ensures all Corporate Events announcements are sent out to clients in an accurate and timely manner:
Checks that all announcements are sent out to clients at end-of-day.
To provide accurate weekly statistics for the Weekly Operation Regional Report. Feb 2010 to Aug 2011 - Citi Islamic Investment Banking (( CIIB )) - Citibank Scope of Responsibilities
Handling Murabaha transaction for CIIB.
Executing commodity Murahaba trades and liaising with Ops and deal teams
Assists cash management and treasury operations and activities
Pricing and execution of derivatives FX swaps and cross-currency and options.
Negotiating and implementing Treasury related documents Murabaha and Islamic derivatives with market counterparties.
Approving Monthly Balance Sheet, billing, P&l & brokerage for CIIB. Sep 2008 to Feb 2010 - Treasury Operation - Citibank Scope of Responsibilities
Authorizing Foreign Exchange /Money Market for (Bahrain, Jordan, Kuwait & Lebanon.)
Responsible for the daily FX-Position reconciliation.
Manage risk on all operational processes and minimize financial cost due to processing errors
Ensure all operational activities are carried out in compliance with the Bank’s operating policies and procedures and with the relevant laws and regulations
Check on duties done by maker/checker & make sure all daily activities & reports done with min errors & max efficiency
Maintaining financial reports and monitoring systems to records and reconcile payments statements, and other date for day-to-day transactions and reports
Follow up on pending items held in suspense accounts & make sure they are zero
Advising and coordinate with Treasury for all Nostro payments.
Ensuring all corporate loans booking and Rollovers are booked
Ensuring all FRA/IRS are booked correctly
Reconcile Broker statement for futures and options.
Handle all inquiries regarding Nostro exception items
Reconcile Broker statement for futures and options
Inform Treasury about all mismatches between deals done and Broker statement.
Ensure all FX Options are converted to actual FX Deal.
Prepare P&L report for all deals and send it to PCU. Jan 2008 to Sep 2008 - Treasury Product Control Unit - Citibank Scope of Responsibilities
Daily Responsibilities
Assist the dealer to book their deals
Ensure the correctness of deal booking in term of booking under proper folders
Check all amendments / cancellation carried out during the day
Report the expiry options to the marketers on daily basis
Construct the Treasury P&L on daily basis and circulate to top management
Liaise with back office to resolve any outstanding issues
Cross check all deals passed by Fixed Income Team against the Term Sheet and validate the deal
Place Murabaha commodity request with the broker and arrange to inform the back office for Murabha schedule and payments
Prepare FX Position for all GCC region
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Prepare weekly Murabaha report to Islamic Team
Prepare brokerage report on monthly basis
Analysis of daily P&L and investigate for any material difference
Balance sheet analysis of Citibank branches within the Middle East and North African Regions.
Duties include monitoring daily activity in various Citibank branches against market risk triggers.
Daily analysis of Treasury activities based on Liquidity and Interest Rate Risks.
Reporting to Market Risk and Treasury Departments any breaches in treasury activity after conducting thorough investigations.
Monthly front to back-office reconciliation.
Sep 2007 to Jan 2008 - Financial control unit - Citibank Scope of Responsibilities
Balance sheet analysis of Citibank branches within the Middle East and North African Regions.
Duties include monitoring daily activity in various Citibank branches against market risk triggers.
Daily analysis of Treasury activities based on Liquidity and Interest Rate Risks.
Reporting to Market Risk and Treasury Departments any breaches in treasury activity after conducting thorough investigations.
Monthly front to back-office reconciliation.
Academic References:
Bachelor Degree in Banking and Finance – NYIT University. Languages
Fluent in English & Arabic (speaking, reading, & writing) Awards
Employee of the month twice in 2010 & 2014
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