Shahid Umar Email & Phone Number

Karachi, Pk

Karāchi, Sindh, Pakistan

Law firm provides legal advice to clients on a broad range of legal and regulatory matters. Provides review and negotiate a variety of commercial contracts with analysis to support decision-making and to protect the organization's business interests. It provides drafting services for legal & compliance policies /procedures, conduct gap analysis and risk assessments, provide legal opinions and advisory services within area of anti-bribery, anti-trust etc. to ensure client's activities, policies, business practices, and transactions comply with all relevant laws and regulations. It manages client;s litigation while ensuring timely and cost-effective resolution. Law firm also provide analysis and interpret case law, court reports, and regulations to prepare clients on how it will impact the company's operations.

Islamabad, Pakistan

Chief Ethics & Compliance Officer, manages bank "Compliance Program" which includes providing advice to management/board in understanding and complying with the regulatory directives /regulations and bank policies, with an approach that fosters a culture of self-compliance within bank branches and branchless banking (JazzCash). Periodically report to board committees /management on the status of bank compliance risks, mitigation measures and resolutions, training initiatives. Ensuring compliance with SBP Compliance Risk Management guidelines while conducting on-site and off-site compliance reviews of branches and liaison with regulator and assist with regulatory inspections to ensure remediation efforts are made. Managing Anti-Money Laundering and Countering of Terrorist Financing Risks: Ensure an effective screening and transaction monitoring system is in place with rules capable of generating real time alerts for sanctioned persons, suspicious / fraudulent transactions for filling suspicious and currency transaction reports with Financial Monitoring Unit.

Islamabad, Pakistan

Shahid joined Jazz subsidiary of VEON in July 2015 as Chief Compliance Officer based in Islamabad, Pakistan. VEON is a global telecommunications group with operations in 14 countries. Shahid reports to VEON regional Compliance Officer and CEO of Jazz. He is heading the compliance function with in the country organization. He is responsible for establishing and implementing an corporate compliance program in collaboration with business and control functions to promote ethical culture and compliance with applicable local and international laws and regulations. He is managing the DOJ monitorship activities and conducting remediation as required under DPA. He is responsible for developing compliance training calendar, disseminating periodic compliance messages/ communications and conducting compliance training and town halls for employees’ awareness and guidance on code of conduct, compliance policies and procedures including anti-trust and anti-corruption. He ensures conducting periodic monitoring and audit reviews including pre and post due-diligence, risk assessments, compliance integration activities and its remediation. He ensure implementation of effective Speak Up helpline and managing incident reports and investigations.

Karachi, Pakistan

Shahid joined Bayer Pakistan (Private) Limited in April 2013 as Head of Law and Patents, Company Secretary for Bayer 3 legal entities and Compliance Officer for the organization. Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech polymer materials. The Bayer Group comprises around 302 consolidated companies in 75 countries throughout the world with its headquarters in Leverkusen, Germany. Shahid reports to the Group Compliance Officer, South Asia. He is also member of the Bayer Country Council and Management Board. He is responsible for providing legal advice, handle litigation management and provide counseling with regard to legal and regulatory matters. He is responsible to implement Bayer's Compliance program in the company's operations and is also responsible for monitoring the local company's activities and transactions to ensure that business is conducted in an ethical and legal manner and that policies and procedures are followed to reduce the risks of non-compliance with laws and regulations. He has been actively involved in case preparation, litigation and negotiations, which include sessions with the outside counsels and business partners.

Shahid joined Chevron Pakistan Limited in July 2000 as Corporate Legal Counsel and Compliance Coordinator. Chevron is one of the world’s leading integrated energy companies offering services in upstream and downstream operations, exploring producing and transporting crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemical products; generate power and produce geothermal energy with its operations around the world. Shahid was based in Karachi and reports to Country Representative, and functionally to General Legal Counsel Asia-Pacific/Africa-Pakistan and Middle East, based in Singapore.. He was responsible for providing comprehensive, high quality legal advice, advocacy, litigation management and dispute resolution services to the company. He was responsible for providing advice and counseling with regard to compliance of legal and regulatory requirements on critical issues and handled judicial and administrative proceedings for the organization. He has been actively involved in case preparation, litigation and negotiations, which include sessions with the outside counsels and business partners.

Shahid joined Alistithmar Capital in May 2009 as Regulatory and Compliance Officer. Alistithmar Capital is a Saudi limited liability company, and a subsidiary of Saudi Investment Bank offering services in Asset Management, Brokerage, Corporate Finance, Custody and Advisory with its operations in Saudi and GCC equity markets in Middle East. Shahid was based in the company's headquarters in Riyadh and reports to the Chief Executive Officer and the Managing Director. He is responsible for developing policies and procedures and for implementing Compliance program for company's operations and was also responsible for monitoring the company's activities and transactions to ensure that business is conducted in compliance with Capital Market Authority regulations in an ethical manner to reduce the risks of non-compliance with laws and regulations.

Karachi

Shahid joined a private Law Firm in Karachi after obtaining his law degree and was responsible for diversified legal work at the firm including client interviews, drafting of pleadings and defenses, legal opinions, notices on variety of subjects including property laws, family laws, partnership, corporate and labor matters. He has extensive experience of drafting and vetting legally binding documents i.e. MOU, LOI, agreements and contracts and was responsible for managing docket of particulars and facts related to cases with relevant citations.

Ll.M, Master Of Laws

Matriculation, Science

Activities and Societies: Debate Society