Enterprise Risk Management
Resume:
* * * * * I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015.
Ihsanullah Garay
**** ******** *** ** ** 2 Brooklyn NY 11235-5207
ad0ne4@r.postjobfree.com
OBJECTIVE
Looking for an organization where I can utilize my knowledge and for the services of humanity and refine my potentials and capabilities for a bright future. EDUCATION
Chartered Financial Analyst (CFA) Cont.…
CFA Institute Charlottesville, USA
Enterprise Risk Management (ERM) 2017- 2018
Institute of Risk Management (IRM), London-UK
Master of Science/Philosophy (MS/M.Phil.) 2013-2015 AIR University, Islamabad Pakistan
Bachelor of Business Administration (BBA-HONRS) 2009-2013 National University of Modern Languages, Islamabad Pakistan Intermediate (FSC) 2007-2008
Board of Intermediate & Secondary Education, Mardan Pakistan High School Baccalaureate 2006-2007
Board of Intermediate & Secondary Education, Mardan Pakistan RESEARCH PUBLICATION March, 2016
Journal of Management Sciences (JMS) India, Vol. 6, Issue 1
Factors Effecting Corporate Liquidity: Evidence from Pakistani Firms CAREER HISHTORY
(1) ACTING CHIEF RISK OFFICER (CRO) July, 2020-April, 2021 Pashtany Bank, Kabul, Afghanistan
ACHIEVEMENTs AND RESPONSIBILITIES
1. Created an integrated risk framework for the entire organization. 2 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. 2. Developed Polices, Procedures and Plans, and implemented an overall risk management process for the bank.
3. Participates as a member of various established committees such as Risk committee and Credit committee, ALCO, HR committees, Compliance committees and procurement Committees
4. Developed Risk Management policies and procedures to ensure that the policy reflects best practice and Initiates policies to comply with banking legislation and industry practices.
5. Developed Risk Management Strategy for the bank. It is an appropriate way for stakeholders, for example, to the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks. 6. Developed Risk Appetite statement of the bank for the first time in the history of the bank. 7. Implemented all Risk Management policies and procedures and ensuring compliance with regulatory requirements relating to corporate governance risk management, specifically those issued by Da Afghanistan Bank and Basel II.
8. Developed and administer risk-management and loss-prevention/ loss retention programs.
9. Develop contingency plans to deal with organizational emergencies. 10. Quantified risk limits and assessed risk throughout the organization 11. Reviewing the overall risk scenarios, risk strategy, severity and impact bands, risk tolerance levels and reporting framework.
12. Developed risk-assessment models or methodologies. 13. Developed plans to mitigate risks and assist functional managers in risk mitigation 14. Created and disseminate risk measurements and reports 15. Conducted audits of policy and compliance to standards, including liaison with internal and external auditors.
16. Provided support, education and training to staff to build risk awareness within the organization and Provide statistical modeling advice to the risk and other departments. 17. Facilitated the Bank staff with regards to the implementation of all corporate governance risk related matters within the Bank, particularly the questionnaires, identification of KRIs, incident reporting and maintenance of corporate governances Loss Database. 18. Promoted the common risk culture and awareness throughout the bank, in particular by the Bank’s Risk, Commercial and Operation Divisions, as evidenced by the introduction of credit committee, individual accountability and majority voting etc. 19. Set objectives for measuring, monitoring, evaluating and optimizing the risk exposure of the bank and ensure that they are reported in a timely manner to regulatory entities and the management of the Bank.
3 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. 20. Recommended and maintained proper approval processes for all transaction types to ensure proper risk control; determined the capital requirements and provisions for each of the Bank’s products and activities to ensure sufficient provision on the book at all time. 21. Ensured that classified loans are reported and properly administered and that effective strategies to restructure and reduce the Bank’s impaired assets are implemented. In addition to the above responsibilities, I am an active member of Procurement Committee, Credit Committee, ALCO Committee, Human Resource (HR) Committee, Information Technology
(IT) Committee, Compliance Committee, and Business Development Committee of the bank.
(2) DEPUTY CHIEF RISK OFFICER (CRO) June, 2020-April, 2021 Pashtany Bank, Kabul, Afghanistan
RESPONSIBILITIES
1. Identified and analyzed areas of potential risk to the assets, earning capacity, or success of organizations.
2. Planned, prioritized and scheduled the Risk Model and Risk management workshops across departments.
3. Risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization’s previous handling of risks. 4. Aggregating and analyzing risk events reported by the business units into the Basel 2 categories.
5. Considering and suggesting methods to improve risk analysis and reporting to the Risk Committee, Executive Management Team.
6. Monitoring the implementation of action plans to address medium and red key risk indicators reported monthly to Risk Management.
7. Evaluate applicable laws and regulations to determine impact on organizational activities.
8. Plan and contribute to development of risk management systems 9. Maintain input or data quality of risk management systems 10. Ensure team is monitoring risk register and any potential changes in the environment to affect risk.
11. Ensure risk department is providing sufficient support to risk owners to assist them to define and rate their risks.
12. Ensure risk assessments on business incidents and errors are being conducted 13. Monitoring policies and procedures for appropriate risk measures 14. Monitor the progress of risk mitigation activities 15. Monitoring industry and regulatory updates.
4 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. 16. Ensure Bank is sufficiently retrained in risk management 17. Ensure robust service provider due diligence is conducted from a risk perspective 18. Ensuring adequate training is provided to staff with respect to their responsibilities for risk managing.
19. Overall monitoring of the implementation of corrective action plans by departments. 20. Responding and adequately monitoring implementing recommendations received from internal and external auditors whenever applicable. 21. Assisting the Risk Committee in preparing reports to the Executive Management Team and BOS.
22. To develop and update a complete system for recording, monitoring, and communicating the organization’s Risk Management program components and costs to the executive staff and others as necessary.
(3) LECTURER & RESEARCH COORDINATOR April, 2016- April,2021 Rana University, Kabul, Afghanistan
Main duties and responsibilities
1. To prepare and hand over the lecture note(s) of the subject(s) assigned to the lecturer in hard and soft mode.
2. To prepare the lesson plan of the subject based on the given format and to implement it effectively in the class.
3. To teach the subject, facilitate a fair competitive class environment, prepare exam question, conduct exam, mark the papers and submit them to Exam Unit at the specified time.
4. To instruct the academic cadre and the students in the light of Ministry rules. 5. To fully cooperate with Head of Department (HOD) and follow his/her instructions for the sake of betterment of the department and to maintain an academic environment. 6. To prepare and submit monthly progress report of the his/her activities to the HoD. 7. To ensure punctuality to the specific timings announced by the HoD. 8. To actively participate in the academic committee meetings. 9. To actively participate in the departmental meetings. 10. To actively participate in other committee meetings. 11. To receive the appropriate Lecturer Self - Assessment form from the Quality Assurance Committee
and conduct it at least once per semester.
12. To follow and respect all codes, discipline and policies of RANA for the sake of maintaining an appropriate and well academic Environment. 13. To responsibly take part in the academic affairs of RANA and contribute effectively in 5 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. the development of RANA’s status in the field of quality education. 14. To ensure to be engaged in progressive learning process, most specially a foreign language and proper computer skills.
15. To actively participate in writing and publishing books, reference materials and to lead and continue in the field of research.
16. To participate and cooperate in RANA's Kankors and to do any other task as assigned by the higher
17. Conducting research, and writing papers, proposals, journal articles, and books. 18. Staying current by reading widely and producing published work in the field.
(4) CORPORATE TRAINER Feb., 2019-April 2021
Afghanistan Institute of Banking & Finance (AIBF), Kabul, Afghanistan Main duties and responsibilities
1. Attending the classes in both session (Morning and Evening). 2. Preparing lecture notes PTT and study material before of commencing of the class. 3. Giving and collecting assignment to participants. 4. Making in advance test and quiz paper before the start of the class. 5. Attending in both sessions 90 minutes’ class.
6. Checking the quizzes and tests papers on time.
7. The employer may require you to carry out other reasonable duties as required. As mentioned above, I have delivered different trainings on differing topics like, Introduction to risk and risk management, Introduction to banking laws and regulations, Operational risk management, Credit risk management, Fraud risk management, Liquidity risk management, Internal credit risk modeling under BASEL II, Financial Accounting, Digital banking; Global banking innovation overview, Credit & Corporate banking, Basics of banking & banking operations, Internal control procedures for cheque payment, Internal credit risk module, and Challenges & opportunities in branch banking operations etc.
(5) CREDIT RISK OFFICER Feb., 2017 – June, 2020
Pashtany Bank, Kabul, Afghanistan
Main duties and responsibilities
1. Conducts risk assessments, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the credit and loan portfolio of the bank.
6 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. 2. Perform credit analytics on certain counterparties, use financial statements and/or other qualitative credit data to perform credit underwriting in an effort to determine counterparty’s creditworthiness.
3. Supervise and Review Monthly/Quarterly/Semi-Annual/Annual processes and Credit Reviews, Credit Reserve Calculation
4. Ensure that credit department performance is fully compliance with law, regulation
(related parties, larger exposure etc.) and the bank’s policies (Credit Risk Policy, Credit policy, and internal controls policy).
5. Oversee other credit relates risk to managing counterparty credit lines Negotiate credit enhancement.
6. Enforce, implement, and suggest changes to both Credit and Collections Policies. Works closely with Credit department to understand its credit and collections needs and concerns
7. Support Chief Risk Manager in formulating Credit Risk and Collection management strategies, ensuring consistent credit risk and collections culture exists throughout the organization.
8. Review strategic credit positions also Review if there are any pending credits to be cleared by the chief credit officer or board.
9. Assess Changes in Largest Exposures and Review Credit Limits 10. Assess Counterparty Ratings and Review if there are any credit limit excesses 11. Assess if provisions are up to date.
12. Review if concentrations are within stipulated limits 13. Assess if all credit exposures are covered and mapped 14. Report all significant risks and Ensure credit risk reports reach all relevant parties 15. Discuss significant credit risks if any with top management 16. Conduct stress and scenario testing and analysis of portfolio at global levels 17. Ensure no relevant scenarios are missed in testing 18. Review past or anticipated changes in provisions. 19. Review if any changes need to be made in specific provisions. 20. Ensure all transactions have full and proper documentation. 21. Ensure credit protection is fully understood and utilized. 22. Explore if there are any further possibilities of exploiting credit protection. 23. Monitoring adherence to assigned risk limits and thresholds based on risk tolerance and escalating breaches to Risk management.
7 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015.
(6) FINANCE OFFICER Nov., 2016-Dec., 2016
Zarkan Proposal & Development Consultancy, Kabul, Afghanistan Main duties and responsibilities
1. Follow up with procurement unit to make sure that the annual budgets are properly allocated/ contracted in order to lead to faster payments to suppliers by also assuring the compliance and control requirements.
2. Ensure that contracting/procurement, as well as expenditures and transactions, are made in compliance with laws, regulations and procedures, the Private sector policies and procedures.
3. Reviewing the existing financial management information system (FMIS) and making appropriate recommendations to improve the system to produce timely, reliable, consistent and accurate financial reports for the organization. 4. Providing critical review and monitoring of any financial reports, in light of budget lines, expense eligibility criteria and valid support documents. 5. Preparing the expense voucher for the disbursements and bank reconciliation of Organization with the Bank books
6. Ensuring that new policies or procedures introduced by the finance department are properly applied within the scope of your responsibility 7. Follow up invoice payment process and ensure that invoices are prepared and submitted on time.
8. Proper control of the supporting documents for payments and financial reports 9. Preparation of all types of vouchers and payments execution and payroll processing 10. Maintenance of the internal expenditures control system which ensures that vouchers processed are matched and completed, transactions are correctly recorded and posted in the quick book
11. Daily review of account bank statements and monitor; identification and recording of contributions
12. Any other task assigned by direct supervisor.
(7) ADMIN ASSISTANT July, 2016 – August, 2016
Islamabad Medical & Dental College (IMDC), Islamabad Pakistan Main duties and responsibilities
1. Scheduling meetings and appointments
2. Taking notes and minutes in meetings
3. Ordering and taking stock of office supplies
4. Being a point of contact for a range of staff and external stakeholders 5. Preparing documents for meetings and business trips 8 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015. 6. Processing and directing mail and incoming packages or deliveries 7. Greeting and directing visitors and new staff to the organization 8. Writing and issuing emails to teams and departments on behalf of teams or senior staff 9. Researching and booking travel arrangements for staff members 10. Finding ways to improve administrative processes 11. Any other task assigned by supervisor
PROFESSIONAL TRAINING
Banking & Finance (Focus: Credit Management and International Trade Financing) Pune, India March 02-14, 2020
IFRS & IAS
AIBF, Kabul July 01-Sep 30, 2019
Introduction to Risk & Risk Management
Pashtany Bank, Kabul 18 - 20 July, 2017
Asset Liability Management
AIBF, Kabul 05-07 June, 2017
IFRS Level 1
AIBF, Kabul 05-07 March, 2017
KEY SKILLS
Knowledge of laws and regulations of Banking
Management and Administration
Capacity building
Financial Risk Management
Credit and Financing
Leadership
Financial Analysis
Financial Reporting
Financial Modeling
Accounting
OTHER SKILLS
Coordination, Networking, Idea Generation, Communication, Leading, Supervising & Motivating Team buildings.
Excellent research, analytical and modeling skills using spreadsheets and databases, and the ability to identify relevant information.
Reliable, on time reporting.
9 P a g e I have done M.Phil./MS (Finance) from AIR UNIVERSITY, Islamabad, Pakistan in June, 2015.
Results driven and end outcome oriented working ability that always provides the desired and expected outcomes.
Strong organizational and communication skills, and the ability to work in teams in a fast paced environment to make sure the best service is provided to the management quickly.
Strong knowledge of essential IT to the research and analysis.
Fast learner and commitment to developing new skills as the team evolves to be involved in more operational areas.
LANGUAGES SKILLS
Language Speaking Writing Reading Understanding
PASHTU Fluent Very good Very Good Excellent
DARI Very Good Good Very Good Very Good
ENGLISH Very good Excellent Excellent Very good
URDU Fluent Fluent Fluent Fluent
HINDI Very Good Good Good Good
PUNJABI Very Good Very Good Good Very Good
COMPUTER SKILLS
Microsoft Office Package, Microsoft Windows Client and Server, Internet Browsing, SPSS, Corel Draw, E. Views, In page, Adobe Photoshop
REFERENCES
1. Mr. Subeg Singh Multani
Attorney at East & West Immigration
Services, South Richmond hill NY, 11419
Cell#: +1-347-***-****
Email: ad0ne4@r.postjobfree.com
2. Mr. Muhammad Omar
Assistant Lawyer at East & West Immigration
Services, South Richmond hill NY, 11419
Cell#: +1-347-***-****
Email: ad0ne4@r.postjobfree.com
3. Mr. Tommy Bailey
Union Delegate
Ul 638 Steam Fitters
New York, USA
Cell#: +1-917-***-****
Email: ad0ne4@r.postjobfree.com
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