Rizwan Shaukat
Banker
Lahore
Summary of Career
1. Ensure timely submission of data / returns to Regulator and related Agencies.
2. Preparation and monitoring of annual budgets, rolling forecasts & KPIs along with their dissemination of all quarters of the bank, after approval from the senior management.
3. Regulatory directives, queries, complaints & requests for provision of information/ dissemination of other external correspondence.
4. Responsible to meet the reporting requirements of Deposit Protection Corporation (DPC), a subsidiary of State Bank of Pakistan.
5. Perform daily activities to run end of day/ month and Profit distribution module for issuance of Profit Rates. • Compilation of various reports (relating to regulatory compliance) for management decision making.
6. To ensure new regulatory risks or developments are updated on a timely basis and appropriately escalated. Embedding of new regulatory reporting requirement by advising control standards for review, applicability and development of controls as per agreed sign-off process.
7. Branch Licensing Unit related reporting (i.e. Submission of ABEP, matters like opening of New Branches, Shifting/ Merger of Branches, payment of Annual Branch Licensing Fee to SBP etc.).
8. To manage the annual/ thematic regulatory inspections and collate to and ensure compliance of the inspection report. Follow-up on the outstanding issues and escalation as appropriate.
9. To liaise with SBP regarding any clarification required by any department of the bank. To assist in implementing and managing SBP guidelines and regulations.
10. Assist the Head of Compliance in the maintenance and implementation of the Regulatory Relationship Plan.
Experience as Assistant Manager SBP/ Regulatory Reporting, Branch Licensing & Pool Management (Islamic Banking)
MCB Islamic Bank Ltd.
27 June 2016
To date
• Ensure timely submission of data / returns to Regulator and related Agencies.
• Regulatory directives, queries, complaints & requests for provision of information/ dissemination of other external correspondence.
• Responsible to meet the reporting requirements of Deposit Protection Corporation (DPC), a subsidiary of State Bank of Pakistan.
• Preparation and monitoring of annual budgets, rolling forecasts & KPIs along with their dissemination of all quarters of the bank, after approval from the senior management.
• Perform daily activities to run end of day/ month and Profit distribution module for issuance of Profit Rates.
• Compilation of various reports (relating to regulatory compliance) for management decision making.
• Process of Tracking & Monitoring of timely submission of Regulatory Returns.
• Branch Licensing Unit related reporting (i.e. Submission of ABEP, matters like opening of New Branches, Shifting/ Merger of Branches, payment of Annual Branch Licensing Fee to SBP etc.).
• To manage the annual/thematic regulatory inspections and collate to and ensure compliance of the inspection report. Follow-up on the outstanding issues and escalation as appropriate.
• To liaise with SBP regarding any clarification required by any department of the bank.
• Maintenance of SBP Penalties Record / File.
• Assist the Head of Compliance in the maintenance and implementation of the Regulatory Relationship Plan.
• To ensure new regulatory risks or developments are updated on a timely basis and appropriately escalated.
• To ensure regulatory risks are appropriately closed / resolved in line with the agreed timeline.
• Embedding of new regulatory reporting requirement by advising control standards for review, applicability and development of controls as per agreed sign-off process.
• To assist in implementing and managing SBP guidelines and regulations.
• To assist and advise the support function in compliance related queries.
Experience as Officer Central Bank Reporting
Allied Bank
22 April 2013
24 June 2016
• Production of various reports at different frequencies i.e daily, weekly, monthly, quarterly, half yearly & yearly as per SBP (State Bank of Pakistan) regulations.
• Key assignments include submission of weekly RCOA, assisting the TROPS in maintaining the CRR & SLR through submission of DTL (Demand & Time Liabilities) report, A-03 Flow of Funds statement, deposit by category (A-05), Advance by borrowers (A-07) etc. weekly MIS, suspense & sundry statements etc.
• Preparing and maintaining financial reports for internal management on various key performance indicators (i.e. Advances, Deposits, and Investments etc.).
• Liaoning with SBP and all the internal Groups of the bank for preparation & on time submission of reports.
Experience as Relationship Officer
FAYSAL BANK LIMITED
01 January 2013
13 April 2012
• Increasing customer base by introducing new to bank (NTB) customers.
• Managing the portfolio of existing customers of the bank by strengthening the relationship with clientele.
• Assisting budget preparation of the branch for senior management of the bank.
• Generation of monthly reports & Variance analysis of the existing and new customer deposits.
• Responsible for budget control and quality improvement of the branch services rendered to the customer.
Experience as Audit Trainee
Hyder Bhimji & Co. Chartered Accountants Karachi
01 December 2011
01 January 2013
• Hands on experience in internal and external audit of various renowned textile concerns i.e. Interloop ltd, Sadaqat Textiles, Chenab Mills Ltd etc.
• Checking and recommending client’s SOP’s.
• Inspecting premises for various inventory counts and recommending better procedures.
• Maintaining client’s sales and purchase ledger on MS Excel.
• Assisting seniors in preparation of Client’s forecast cash flow statements, profit & loss and balance sheet with the accountants.
• Undertaking specific work to identify departmental performance through use of different KPIs.
• Ensuring up to date and effective in house management reporting information is available for review by Partners.
Matric 31 March 2003
1st DivisionMatric 02 May 2005
F.S.C (1st Division)Matric 02 June 2008
Bachelor of Commerce (1st Division)Matric 13 September 2010
MBA Finance (CGPA 3.33)