Shakeel Schemnad Email & Phone Number

- Responsible to lead and manage the Middle East regional compliance function.- Regulator approved Compliance Officer and MLRO for the Branches in DIFC (DFSA), Qatar (QFCRA) and Bahrain (CBB).- Member of Middle East Executive Committee and Risk & Control Committee providing periodic update on Legal & Compliance risk and advice the Committees on Legal & Compliance matters.- Develop and implement policies & procedures across the Compliance Risk Universe- Manage risk and controls, perform investigation and maintain oversight across Trade & Economic Sanctions , Anti-Money Laundering, Date Privacy & Protection, Record Retention, Anti-Bribery & Corruption, Corporate Code of Conduct and Conflict of Interest process- Execute and provide legal advice to business in coordination with internal and external lawyers- Track new and amendments to existing law and regulations. Develop and implement business systems and procedures to ensure compliance to such law and regulations- Conduct Group-wide compliance Risk Assessment process- Development, execution and monitoring of the annual Compliance Plan, associated Compliance data and analysis of Management Information- Ensure compliance with all regulatory requirements of the jurisdictions of operations [including DIFC (Dubai), QFC (Qatar), Bahrain and UAE]- Develop and maintain effective relationships with the regulators in the Middle East- Compliance reviews and reporting to Oversight Committees and Regulators- Development and enhancement of the Compliance Operations, Monitoring and Oversight Framework- Corporate Governance reviews

Dubai

- Conduct independent assurance reviews (in line with the Audit scope) to confirm the overall control environment - Determine the effectiveness of operational controls and to advise the business on control improvements and risk mitigation - Work closely with principal risk owners to ensure that risk rating and action plan reflects right principal risk picture for the country- Ensuring effective process of ineffective controls management with accurate actions and timelines identified, and a process of adequate tracking and reporting of the same- Management of governance specifically in terms of presentation of risk landscape to senior management and drive remediation plan- Promote and support timely and complete reporting of risk events (including frauds) by ensuring risk events are timely reported and for material risk events, root cause analysis is carried out and further drives closure of action plan with risk event owner- Presentation of operational risk and control elements at governance committees including monthly 'Risk & Controls Committee' and Quarterly 'Principal Risk Review Committee'

United Arab Emirates

- Managing the execution of management/ risk consulting projects for various clients in multiple industries- Conduct enterprise wide risk assessment, develop risk based internal audit plan and implement risk measurement and management process - Contribute to the identification of opportunities for continuous improvement of business processes, operations and procedures taking into account ‘international leading practices’ - Keeping up to date with firm’s product and service offerings and identify sales opportunities that will help the firm grow

Bangalore, India

- Execution and management of client consulting projects- Project planning and budgeting- Risk based internal audit reviews- Develop and implement operational policies and procedures within various industries

Aca, Finance, Accounting, Audit And Business, Corporate And Taxation Law

Bachelors In Commerce, Finance, Accounts, Audit And Law

Certification In Compliance And Aml