Nadia Somani FCA

Proactive, Self-Motivated &

Solution Oriented Compliance

/ Audit / Risk Management

Professional

Key Achievements

House Building Finance Corporation (HBFC)

• Setup Compliance (AML/CFT), Regulatory reporting, advisory and policies.

• Performed AML/CFT Risk assessment at entity level which was approved by the Board.

• Implemented compliance infrastructure (regulatory registers, data bases, reporting templates, RCSAs/KRls/CRAsa) and provide training for transformation of traditional Compliance to SBP's Risk Based Compliance model.

Personal details

aduu94@r.postjobfree.com

+92-346-*******

Karachi 74550

linkedin.com lin/nadia-somani- fca-

a7332839 (Please refer for

References)

• Managed MANCOM Compliance Forums and Board Sub-Committees.

• Achieved 88% Compliance in 1 year of long outstanding SBP Inspection issues for first time in the history of the Entity Implemented AML/CFT software for automation.

• Liaison with Regulatory authorities including State Bank of Pakistan, NADRA and FMU for key projects such as biometric implementation etc. ORIX Leasing Pakistan Limited

• Designed audit planning templates, tracking system and audit software including (audit universe) for transformation of traditional audit to risk-based audit methodology.

Extracurricular Activities

Facilitated CEO in developing Diversity

Policy and implementing

Diversification & Gender Equality Vision

of SBP at HBFC in line with

international industry standards.

Facilitated HR function (Orix Leasing)

in developing appropriate techniques

and coordinated efforts to on-board

talented human resources at

reasonable and fair market

compensation.

Facilitated HR function (SCB) to devise

strategy and implement execution plan

for improvement of annual survey and

increase staff motivation &

engagement (500+ Bank Operation

Staff).

Facilitated HR function (SCB)in

creation of succession/backup plan for

Banking Operations Setup (for 300+

staff).

Involved in Community social welfare

activities. Served 5+ years as Finance

Co-Opt Member in Community

Network/Council and reporting of 08

local welfare institutions in Year 2013.

Standard Chartered Bank (SCB)

• Led process risk assessment assignments through cross functional and remote teams to identify, mitigate operational and regulatory gaps/risk, cost saving and improve customer service.

• Conducted risk awareness and socialization programs including formal staff training.

Habib Bank Ltd (HBL)

• Planned and completed audit of challenging portfolios within given resources and time.

• Supervised and managed teams of up to 10 staff members to achieve assigned organizational goal.

KPMG Taseer Hadi & Co.

• Involved in conducting AS-IS for SAP implementation and documentation of Process flows at Continental Biscuits Limited.

• Identified control weakness during the external audit of a foreign Client enabling tax saving on employees' salary of approx. PKR1 Million.

Employment

Head of Compliance Oct 2019 – Present

House Building Finance Company, Karachi

• Promoted as Head of Regulatory Compliance within a year of Joining and Head of Compliance within 6 months thereafter.

Senior Manager, Internal Audit

Orix Leasing, Karachi Jul 2019 - Sep 2019

Senior Manager, Risk and Controls Apr 2015 – Jul 2019 Standard Chartered Bank, Karachi

• Promoted as Senior Manager within 9 months of Joining.

Served as teacher for Refugees in Year

2000 to up bring their standard of Life

• Awarded best performer certificate by Global Technology and Operations Head directly reporting to CEO.

Skills

• Planning, Team Building Staff

Talent identification and

management,

• Team leading, Organization.

Stakeholder Management,

Negotiation, Interpersonal &

Presentation

• Finance, Audit, Compliance &

Project Management

Functional Units/ Portfolios Managed

• Supervised Operational Risk teams for Trade, loan Processing, Client Services, Financial Markets/Treasury Operations, Wealth Management and Security Services.

Manager-Band II, Management & IT Audit Aug 2011 - Mar 2015 Habib Bank limited, Karachi

• Promoted as Team lead in 3 months of Joining.

• Promoted to next management level in 2 years of Joining. Pakistan Operations (As Team Leader)

• Financial Control Division (Comprises of Statutory, Regulatory, Management and Tax Reporting)

• Treasury Risk Managementt

Professional Courses & IT

Proficiency

Risk based Internal Auditing

Compliance Risk Management

Framework

Leading highly effective teams

Operational Risk Management

AML, Terrorist Financing & Sanctions

Project Management

Emotional intelligence

Influencing & winning co-operation of

others

User experience of MISYS, ebbs (Core

Banking Financial Software), Phoenix /

Optial (Operational Risk Management

Systems)and Vector/E-Audit

(External Audit Software), Auto

Compliance

• General Administration Department

• Credit Cards, Retail Product and Business Development

• Marketing and Brand Management

• Cash Management Function; and Safety & Security Administration. Oman & UAE Operations- (2013-2014)

• Treasury & NOSTRO Reconciliations

• Branch reviews

• Human Resource

• General administration Unit

• Compliance & Internal Control Unit

Assistant Manager Nov 2007 - Aug 2011

KPMG Taseer Hadi & Co, Pakistan, Karachi

Major Clientele include:

Financial Institutions

• IGl lnsurance limited

• AMZ Plus Income Fund

• KASB Islamic Income Fund

• JCR-VIS Rating Company limited

Manufacturing

• Siemens (Pakistan) Provident & Gratuity Fund

• Singer Pakistan limited, Continental Biscuits

• KOLSON (Private) ltd

Service/ Trading

• Security Papers limited

• BASF Pakistan (Private) limited

Current Hobbies

• Reading Sir Allama Iqbal and

Jalaludin Rumi

• Travelling and Gardening

Education

Fellow Chartered Accountant (FCA)

Year 2010

Institute of Chartered Accountants of Pakistan, Karachi Bachelors in Commerce

Year 2007

University of Karachi

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