Fathia Abdi Email & Phone Number

London, United Kingdom

• Development of strategies by contributing information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organisational objectives• Evaluation of trends, establishing critical measurements and implementing processes and procedures to address • Working closely with regulators and auditors to maintain current knowledge of regulatory developments and improve existing AML systems and internal controls• Developed and implemented internal control tests to verify representatives and employee compliance with firm's policies and procedures• Key liaison point for all matters legal and regulatory• Establishment of subsidiaries in preparation for BREXIT• Responsible for MLRO for the business and Risk Champion thereof• Led the development and implementation of risk management framework and register• Performed quarterly variance analysis to test the firm's AML system and controlsKey Achievements• Successfully achieved a significant reduction in risk from high status to low • Formalised enterprise policy (Know Your Customer (KYC), Customer Identification Program (CIP)) to ensure systems and processes meet regulatory requirements• Implemented a new sanctions and PEPs system reducing bottleneck of AML transactions and improving use of resources• Successful introduction of an internal audit system and implementation of business risk processes and policies• Organised and co-ordinated bespoke AML training with FIU and across the group • Successfully led organisation through more than four external audit and regulatory examinations

London, United Kingdom

• Management of a team of five finance professionals• Responsible for preparation of statutory financial statements for all subsidiary companies and preparation of the consolidated financial statements for the group• Preparation of financial information for inclusion in the Annual report• VAT return preparation for all UK companies• Bank reconciliation for UK companies and overseas subsidiaries• Monthly cash flow forecasting, expenditure analysis and review of working capital• Overseeing all compliance issues, ensuring relevant legislation and controls are adhered to (FCA, HMRC & NCA), ensuring current knowledge and its implementation across the organisation• Audit management for UK and Overseas including liaison with senior regulators and management of all regulatory enquiries and inspections• Oversee the development and implementation of AML policies and training for key officersKey Achievements• Successfully opened bank account for money service business • Implementation of a budget process and systems – a first for the business • Achieved significant annual cost reduction by bringing tasks in house such as VAT, payroll and budget management

London, United Kingdom

• Headhunted to the position • Focusing on the entire financial well-being of the organisation including forward planning, implementing management information systems (MIS), policy development and forecasting, delivering regulatory and internal reports, and providing expert financial advice on present and future business activities• Production of monthly management accounts• Comparing monthly accounts against budget and analysis of variances• Prepare business cases for carry forward capital and revenue income in excess of £3m• Production of annual budget via liaison with the Directors and ad hoc business plans and forecasts • Responsible for the grant budgetKey Achievements• Achieved an improvement in the budget position from £413k overspend to an underspend of £187k• Work in partnership with over 30 small businesses to deliver successfully the Working Neighbourhood and Future Jobs projects

London, United Kingdom

• Overall responsibility for identification, assessment and monitoring of high profile risks that have the potential to hinder the reputation, safety, security and financial prosperity of the council• Implementation of processes and procedures to ensure the council is fully prepared to deal with any potential threats• Planning for and mitigating the effects of risks which are deemed unavoidable• Conducting detailed risk assessments and assessment of previous risk management policies and protocols• Development of risk management tools for Schools within the Borough• Working with stakeholders to promote risk awareness and undertake training across the council weekly and quarterly• Conduct additional audits and assessments • Attend cabinet meetings and respond to councillors’ questionsKey Achievements• Shortlisted as Risk Management Team of the Year by Local Government Chronicle• Introduced risk management challenge sessions • Designed e-learning modules

Distinction, Certificate In Risk Management

Ba (Hons), Business Studies & French, 2:1

Certified Accountant

Anti Money Laundering