Aladdin Abbassi

Experience

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  BBK ( Bank of Bahrain and Kuwait )

  Jun 2005 - Nov 2017

  To manage and promote all aspects of the Other Income Unit in order to ensure timely, efficient, and effective realization of fees & income associated with the services delivered by Retail Banking Division. Responsible to explore new areas of fees/other income generation and review the existing fees & other income through all RBD Channels. Drive & manage relationship with the right selection of strategic partners in BBK financial malls and ensure the realization of the direct & indirect financial revenues. Responsible to ensure proper and accurate realization of all fees and charges associated with the services delivered by RBD.Initial Public Offering, Rights Offerings & Bonds Offering planning, monitoring, & managing the overall process of Initial Public offerings (IPOs) / Rights offering.Explore new areas of fees/other income generation & review the existing fees & other income. Ensure proper fee-generation service through all channels. Closely monitor and define any fees income not related to assets or liabilities, and ensure accurate/comprehensive RBD Income Ledger Accounts Recording & Reporting.Establish and Develop Profitable Relationships through the right selection of Business partners in Financial Malls/Branches. Ensure the realization of the direct & indirect financial revenues.Internal Process Perspective: Work Collaboratively with Marketing to design related offerings and campaigns related to any fee income and/or Partnership. Develop Initiatives to optimize fee generation, reengineering fee process & structure. Risk Management & Compliance : Manage the operational . Adhere to the banks policies and procedures to ensure full compliance and protect the banks interests. Ensure compliance with the regulatory bodies, regulations/requirements related to fees & other income.Partnership Perspective: Ensure delivery of quality partners service that is in line with the Bank’s standards in order to build & sustain partners relationship satisfaction. Show less Managing the implementation of projects "Change" initiatives across the retail banking division in order to enhance business operations efficiency.Process Improvement: Developing and introducing enhancements to critical processes and procedures to improve efficiency and productivity.Project Management: Manage the process of planning and monitoring the retail banking wide project implementation by optimizing cost and resource utilization to ensure timely and effective implementation of projects.Reporting: Report a project update and recommend any alternation to project plan in order to ensure an effective implementation of project plans. Data Quality & Analysis: Manage, Analyze, Monitor, Execute Data cleansing to ensure accuracy. Quality Assurance & Management: Developing and implementing and monitoring KPIs to improve customer services processes. User Training: Carrying out user training pertaining to system implementation or enhancement. User Acceptance Testing (UAT)Run a process of registering internal and external customer requests by reviewing and testing the improvements to ensure parallels with user and stakeholder requirements that pertain to possible efficiency improvements.Analyze and recommend solutions for improving current resource utilization to avoid duplication and ensure cost efficiency.Initiating change requests and negotiating with IT development to ensure operational efficiency and compliance projects.Introducing, testing, implementation, and parameter documentation of core banking and financial systems.Procedural Amendment and Process Engineering. Show less Excel in cash, non-cash, and remittance transactions.Consumer and Mortgage loan calculation, processing, rates, and issuance.Fixed-Term Deposit calculation, processing, renewal, rates, and issuance.Opening different type of accounts (personal & non-personal): Savings, Current, Foreign Currency accounts, etc…ATM Replenishment, reconciliation, adjustment, and balancing differences.Credit & Debit cards issuance and process.Issuing short-term investment securitiesRemittances and SWIFT messaging (Demand Draft, Telex Transfers, Managerial Cheque, etc…).Foreign Exchange transactions: Forward rates, calculating triangular arbitrage, buying/selling foreign currency.Western Union Money Transfer.Home & Motor Insurance Services Show less

  • Strategic Alliance & Other Income

    Jan 2014 - Nov 2017

  • Retail Project Management

    Jun 2007 - Dec 2013

  • Teller

    Jun 2005 - May 2007
• 

  EFG Private Bank

  Dec 2017 - now

  Vice President - Private Banking & Wealth Management

  - Worked with an international dynamic team of Global Financial Advisors who provide global exposure in international markets by best execution of customer orders and trades in compliance with all rules and regulations.- Provide optimal administrative support and active assistance in the management of customer relations.- Procurement of Market Orders (Primary & Secondary markets, Money Market, Capital Market, Fixed Income, FX, Funds, Precious Metals, Derivates, Options & Structured Products).- Supervising the preparation and control of the different types of account opening and coordinating the procurement of name screening (World Check, LexisNexis) along essential due diligence documentation (UHNWI, corporates, PIC, Trust, private equity funds, foundations and financial institutions).- Responsible for: onboarding clients, periodic reviews, special projects, lombard and mortgage loans (UK, Switzerland, Italy, Monaco) credit card requests, assets & security transfer and settlement, wire transfer, trades, contact with clients, loan request and FX; Conferred with sales teams and team leaders to communicate targets NNA & AuM, boost revenues and improve strategies; Skills in Banking, Know Your Customer, Anti-Money Laundering, Business Development, Customer Relationship Management (CRM), Trading and Account Management.- Experienced with local CBB & Swiss FINMA & FinSA regulations. Show less