FAREED AHMAD

p: 056 206 4382 (+966562064382)

e: khushmizaj@hotmail.com
______________________________________________________________________________

Risk Management, and Business Consultancy professional with strong oversees experience
spanning over two decades in Audit, Compliance, Governance, AML/CTF and Risk
Management.

•Implementation Knowledge of IIA Standards, SOX-404, COSO, ERM, and CCM.

•Certification experience of ISO 9000 QMS and ISO 27000 ISMS certifications.
•Regulatory and functional awareness on SAMA's & FATF’s regulations on AML/CTF.
•Familiar with Regulatory Module (CME-1) of Capital Market Authority of Saudi Arabia.
•Creative problem solver with the ability to address and solve complex business issues.
•Well versed in communication, negotiation, personnel and project management abilities.
•True leader who inspires confidence in employees by empowering them to do their jobs
and focusing on building teams by sharing knowledge, mentoring and training.
•Experienced in managing technical and non-technical teams.
•Responsible, honest, highly motivated, energetic, positive team player with a "roll-up
the sleeves" attitude.
•Versatile, agile and effective decision maker

EDUCATION

Certified Management Accountant – CMA In Progress

Institute of Management Accountants - USA

Master of Business Administration – MBA 1980

Institute of Business Administration - IBA
University of the Punjab, Lahore

Bachelor of Commerce - B. Com 1977

Hailey College of Commerce
University of the Punjab, Lahore.

EXPERIENCE CHRONOLOGY

Senior Internal Auditor and AML Officer Sep 2008 – to

date
Al-Amthal Leasing Co. - Riyadh

Al-Amthal Financing Company is considered one of the local leading leasing companies
incorporated according to SAMA license, distinguished with setting standards for qualify of
service and performance. Besides liaison with SAMA for Anti Money Laundering – AML/CTF, my
job description includes:

•Communicates the results of audit and consulting projects via written reports and oral
presentations to management.
• Advises management and perform assigned tasks to provide reasonable assurance as
to the reliability and integrity of information; compliance with policies, processes,
management guidelines, agreed contracts with third parties and imposed government
 laws and regulations, safeguarding of company assets, economic use of resources,
accomplishment of corporate objectives, risk management and best practice processes.
•Conduct operational and financial audits of company business units.
•Collaborate with business unit managers to advise on matters concerning the board’s
risks, controls, and best practices.
•Evaluate and recommend appropriate actions concerning special requests for audit and
allegations of irregularities and fraud.
•Perform evaluation studies to ensure new procedures that are implemented.
•Maintain all organizational and professional codes of ethical standards.
•Preparation of AML/CTF Policy & Procedure manual and its implementation, employees
awareness presentations and programs, as well as reporting of suspected transactions to
authorities.
•Review of Accounting policies and procedure manual and accounting processes.

Compliance Consultant (SambaPhone)

Sep 2006 – Sep 2008
Samba - Riyadh

Samba provides banking services over the phone to its customers in addition to the sale of
financial products. A broad range of services comprehensively encompassing Samba products
and services (115 assorted) are available over toll free lines around the clock. On an average
more than two million calls are handled monthly for customer transactions, inquiries and sales,
besides on-line, on-spot financial transactions. SambaPhone is rated highly cost effective
delivery channel for the bank and unmatched convenience of access to prospects and
customers.

•Compiling daily head count MIS of around 600 staff shift wise unit wise.
•Preparing and analyzing daily Productivity Reports of all units.
•Responsible for writing Procedures, and updating Operations Manual.
•Monthly update DCFCs of all unit managers.
•Responsible for conducting Quarterly Self Assessment exercise.
•Implementing checks and controls to mitigate the identified risks, and monitoring them
for continued effectiveness.
•Responsible for the implementation of SAMA applicable requirements including Ethical
Standards, Authorized Persons Regulations, Labor Law Requirements, Continuity of
Business, and Information Security Standards.
•Responsible for the ISMS and steering the project leading to ISO 27001certification

Internal Auditor
June 2000 to Aug 2006 Swiss Eastern Group, Sharjah, UAE

Swiss Eastern Group encompasses Swiss Eastern Watches Company, Vision Foodstuff Trading and
Time Station LLC. Swiss Eastern Watches Company (SEWCO) is a leading fashion watches
distribution company owning international brands of world repute. The group has subsidiaries
including IME Hong Kong, Swiss Incorporation USA, and Affluence SARL Switzerland. Being the
Internal Auditor of the group, I was responsible for the business function's risk management,
control and governance process.

Principal Instructor
June 1995 to May 2000 Newport University California, USA (Lahore Campus)
American International University (Lahore Campus)

As Principal Instructor conducted Professional Marketing and Advance Management courses for
MBA students and MBA Executive students on:
 •Total Quality Management and ISO 9000
•Strategic Marketing Planning
•International Marketing.

Marketing & Management Consultant

April 1990 to Mar 1995
Olayan Descon JV, Jubail

Descon is the Engineering company of Dawood Group which is one of the largest Industrial
Groups in Pakistan providing Engineering Services of Design, Detail Engineering, Construction,
Manufacturing, Operations and Maintenance to Industrial sectors including Fertilizer, Cement,
Power, Steel, Gas and Oil Refinery, Desalination, Petrochemicals, and Chemical.

• Identification of Management Issues

• Market Research and Surveys
• Business Diversification Potential
• Analysis and Review of Reporting Presentations
• Preparation of vendor Assessment Programs
• Marketing Orientations Lectures & in house Training Courses Conduct
• Budgets and Performance Measurements.
• Evaluation of Business Plans
• Customer Satisfaction Tracking and Sales Analysis
• Proposal Formulations

Business Development Executive Sept 1987 to

March 1990
Aljazirah Vehicles Agencies Co. Jeddah

From sales of Lincoln & Ford Vehicles was transferred to sales of spare parts trough retailers.
Was responsible for the appointment of retailers and spare parts packages negotiations.

Sales Executive Aug

1981 to July 1987
Mahmood Saleh Abbar Co. Riyadh

Joined as sales executive to market famous CASIO range of electronic watches, calculators,
cash registers, musical instruments and office automation products. Later promoted as Product
Manager.

PERSONAL

• Borne October 1956

• Pakistani Citizen
• Fluent English, Urdu, and Arabic
• Transferable Visa (Iqama)