PETER BRADY

PERSONAL DETAILS

Nationality:

Australian

Current Country of Residence:

UAE

Mobile: +971-**-*******

adgxa1@r.postjobfree.com

PROFILE SUMMARY

Peter is a qualified solicitor and an accomplished leader with over 25 years of experience in legal, compliance, FCC and governance gained at major financial institutions. He has in-depth experience in implementing and managing compliance and governance frameworks.

KEY HIGHLIGHTS:

First Abu Dhabi Bank (2018 – 2019). Responsible for FAB's International Compliance across 14 branches globally. Responsible for regulatory affairs- liaising with local regulators in the US, UK, Hong Kong, Egypt, Saudi Arabia and other countries. Managed regulatory relationships with key regulators, monitored and reported regulatory issues globally.

Abraaj Capital Limited (2013- 2018). As Global Head of Compliance was responsible for 14 regulatory relationships globally including the US, UK, Singapore, Sub Sahara Africa and MENA. Responsible for Board reporting on compliance risk issues, managing all regulatory issues, monitoring and reporting on issues. Responsible for the Group's FATCA and CRS reporting.

UBS AG (2007- 2013). As Head of Compliance for MENA responsible for compliance across all products and services for the GCC including Saudi Arabia, UAE, Bahrain, Kuwait and Qatar. Managed all regulatory affairs, inspections from regulators. Drafted policies and procedures reflecting all local regulatory requirements.

EMPLOYMENT:

May 2019 to July 2020 J Awan & Partners

Director

J Awan is a leading financial services Risk and Compliance consultancy.

Responsibilities Include:

Acting as outsourced Compliance Officer/ MLRO for financial firms

Drafting financial services licence applications with relevant regulators, projects, compliance advisory.

Dec 2018 to May 2019 First Abu Dhabi Bank

Head of International Compliance

Responsibilities Included:

Responsible for the Compliance function in 14 FAB branches globally. Responsible for regulatory interactions, inspections, monitoring and reporting on regulatory changes in the international jurisdictions including the U.S, UK, France, Hong Kong, Egypt and across the GCC.

Dec 2013 to Dec 2018 ABRAAJ Capital Limited

Chief Compliance Officer

Responsibilities Included:

Responsible for the Group’s compliance program across all 22 offices (350 staff)

Responsible for 14 regulatory relationships including Dubai (DFSA), SEC, FINRA (US), MAS (Singapore), FCA (UK), CMA (Kenya), FSC (Mauritius), FSB (South Africa), SEC (Ghana)

Responsible for all regulatory reporting, the effectiveness of all compliance policies, procedures, systems and controls, AIFMD compliance for EEA.

Managing a team of compliance professionals.

Reporting to the Abraaj Holdings Board Compliance and Risk Committee (monthly reports, quarterly meetings).

Responsible for FATCA and CRS reporting

Responsible for the provision of regular compliance training to all Group staff.

Nov 2007 to Dec 2013 UBS AG (MENA)

Head of Compliance

Responsibilities Included:

Responsible for the Group’s compliance program for the MENA region across all UBS business divisions: wealth management (private banking), investment banking (corporate advisory, fixed income, currencies and commodities, equities and research) and asset management. In MENA, the firm has business operations in Dubai, Abu Dhabi, Qatar, Bahrain, Lebanon, Egypt and Saudi Arabia.

Maintaining an excellent working knowledge of DFSA, QFCRA, CBB, Central Bank UAE, Kuwaiti Capital Markets regime, CMA and SAMA regulations.

Responsible for local legal issues, legal support to the MENA business, regularly liaising with UBS Legal staff in London, Zurich and other hubs on product, transactional legal and litigation issues, regular liaison with external counsel.

Member of the EMEA Compliance Management Committee, the MENA Risk and Operations Committee, the Wealth Management Risk Committee, regular attendee at the Sharia Board meetings, responsible for the Sharia audit and for regularly updating senior management on regulatory, compliance and risk issues.

Strong liaison with business and compliance in the hub locations on MENA related issues.

Training all staff including senior management on regulatory developments, internal policies, Compliance, AML and all relevant topics.

Monthly completion of the compliance monitoring and reporting programme across all business divisions and reporting to senior management.

Due diligence review and sign off on all wealth management accounts, suspicious transaction alerts, suitability and other risk based reviews.

Responsible for all cross-border guidance for MENA jurisdictions.

Sep 2005 to Nov 2007

EMIRATES NBD BANK

Dubai

Head of Group Compliance

The Emirates NBD Group is one of the largest banking groups in the United Arab Emirates with branches in the United Kingdom, Saudi Arabia, across the U.A.E and a representative office in Iran. In addition to Emirates Bank International, the Group comprises Emirates Islamic Bank, Emirates Financial Services, Network International (cards business), BUZZ call centre, National General Insurance and the Global Training Centre.

Responsibilities Included:

Responsible for managing the Group's compliance program and assist Group businesses to meet all internal and external regulatory requirements. Development of compliance policy and procedures. Reporting to the bank's risk and compliance committee on all compliance related issues and mitigation strategies.

Responsible for managing a team of 9 including the Bank's Anti-Money Laundering (AML) unit. Managing due diligence sign off on bank documentation, products and services including treasury and asset management related documentation. Additional functions include arranging training of bank staff on compliance, regulatory and AML related issues.

Dec 2003 to Sep 2005

RIYAD BANK

Riyadh, Saudi Arabia

Head of Compliance

Riyad Bank is a major Middle Eastern bank with a network of 193 branches throughout Saudi Arabia, a branch in London, an agency office in Houston, Texas and a representative office in Singapore.

Responsibilities Included

Responsible for implementing the bank-wide compliance program to ensure the bank meets all internal and external regulatory requirements. Development of compliance policy and procedures across all operations of the bank. Reporting to the bank's compliance and fiduciary committees on all compliance related issues and mitigation strategies. Representing the Bank at the SAMA Financial Crimes and Money Laundering Committee and various sub committees on regulatory reform.

Responsible for managing the Bank's Anti-Money Laundering (AML) unit and Compliance Unit with a team of 8 staff. Managing the compliance responsibilities of 10 Divisional Compliance Officers located within the business units. Managing senior staff responsible for the Bank's counterparty documentation, ISDA's, ISMA's etc. Additional functions include arranging training of bank staff on compliance, regulatory and AML related issues and due diligence review of bank products and services.

Jul 2002 to Aug 2003

WATSON WYATT AUSTRALIA

Melbourne

Compliance and Research Manager

Watson Wyatt is a global consulting firm specializing in financial management and human capital. In Australia, its services include the provision of investment, superannuation and administration services to over 120 large corporations.

Responsibilities Included:

Responsible for establishing a compliance process for Watson Wyatt's Approved Trustee and for Watson Wyatt consulting in general. Responsible for the review and amendment of legal documentation (such as Trust Deeds, service agreements between investment consulting, administration and clients/ service providers). Responsible for several projects including applying to the Regulator (ASIC) for an Australian Financial Services Licence and implementing procedures dealing with new Family Law Superannuation laws. Provided detailed research to consultants on all aspects of superannuation and broader financial services, including Financial Services Reform (FSR) and licensing aspects.

Achievements:

Established and maintained start-up compliance processes for Watson Wyatt's Approved Trustee and its consulting business.

Implemented FSR into business in terms of new product disclosure and adviser conduct. Project managed Watson Wyatt's AFS licence applications.

1996 to Jul 2002 AXA AUSTRALIA

2000 to 2002

National Technical Services Manager

AXA is a leading global financial services provider focusing on wealth creation, insurance and pensions.

Responsibilities Included:

Provision of market leading technical services to advisers and staff, including the development and presentation of over 80 technical presentations to aligned and non-aligned advisers at professional development sessions and other forums on superannuation, investments and insurance.

Technical advice to staff on product development issues.

Technical sign off for due diligence process.

Drafting technical material (e.g. technical strategies, articles and bulletins) for adviser publications and internal strategy reports.

Liaising with regulators including ASIC on various issues and involvement in consultation with industry bodies e.g. IFSA's Risk and Marketing forums.

Achievements:

Part of a team that received top 3 position in ASSIRT survey for overall technical support from a product manufacturer (2001).

Developed and presented over 80 technical presentations to advisers at aligned, non-aligned Professional Development days.

Personally developed several initiatives including "TechSpeak" bulletins and other tools for advisers.

1998 to 2000

Business Risk and Compliance Manager

Responsibilities Included:

Managing business risk and compliance responsibilities on behalf AXA Australia's risk insurance unit and subsidiary companies, Australian Casualty & Life, NMLA (Risk) and National Mutual Health Insurance (top 3 health insurer in Australia).

Conducted business risk reporting responsibilities on behalf of 2 subsidiary Board Audit Committees and to the National Mutual Holdings Board Audit and Compliance Committee. Liaison with senior management over business risk, together with internal audit in formulating business risk plans. Experience gained in Business Continuity Planning and anti-fraud programs.

Managed the risk unit compliance program including the establishment and maintenance of due diligence program, liaison with management over due diligence sign-off, the resolution of all compliance breaches, and involvement with project teams focused on business risk issues.

Achievements:

Effective design and implementation of compliance and business risk procedures for life and health insurance units of a large, financial services organisation.

Assisted business managers with the eradication of significant risk issues

1996 to 1998

AXA Dealerships

National Compliance Manager

Responsibilities Included:

Established and managed the compliance framework for supervision and regulation of 900 financial planners, licensed through the twin AXA dealerships of AXA Financial Planning and Charter Financial Planning.

Responsible for the compliance activities of state based compliance managers.

Reported internally to the dealership boards and liased externally to regulators and other bodies, eg. complaint resolution bodies.

Other responsibilities included:

Establishment and management of the National Adviser Audit Process

Supervising the Adviser Appointment Process

Managing the Dealership Complaints Management Process

Liaison with key bodies, ASIC, APRA, IFSA

Achievements:

Established and managed compliance and risk procedures for 900 financial planners Australia wide and successfully implemented new procedures eg. automated adviser audit process, web based professional practices manual and consolidation of compliance and audit procedures.

1994 to 1995

CAMERON MCKENNAS

London

Solicitor

Responsibilities Included:

Worked in firm's London office in the insurance litigation team, involved in large reinsurance litigation matters, together with defending Lloyds of London Syndicates against actions issued by Names, other professional indemnity related actions.

1992 to 1993

MILLS OAKLEY LAWYERS

Melbourne

Solicitor

Responsibilities Included:

Responsible for over 220 industrial accident cases in defending Insurers, completing all interlocutory stages and running matters at hearings in County and Supreme Courts of Victoria

1991 to 1992

ROGERS AND GAYLARD

Melbourne

Articled Clerk and Solicitor

Responsibilities Included:

Completed Articles at the firm following extensive experience in Insurance litigation and general commercial/property legal concerns.

Experience in drafting legal documentation including contracts, lease agreements, Wills and trust deeds.

EDUCATION / PROFESSIONAL QUALIFICATIONS

2002 to 2003

Member, ASFA Legislative Discussion Group

2001

ARISA Level 2 Retirement Income Streams

2001

Financial Planning Associations Diploma of Financial Planning (8 Units)

1999

Attended AXA Senior Management Program, Bordeaux, France

1999

AFSA Certificate in Superannuation Management

1998

Applied Corporations Law Course - Chartered Institute of Secretaries (Aust.)

1997

Certificate in Life Insurance Regulation and Compliance-

Australian Insurance Institute

1996

Securities Law and Ethics and

Financial Markets and Economics of the

Securities Institute of Australia's Graduate Diploma in

Applied Finance and Investment.

1992

Admitted as Barrister and Solicitor, Victoria, Australia

1991

Bachelor of Arts/Law, University of Tasmania

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