Waseem Bari

Experience

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  Ernst & Young

  Dec 2004 - Apr 2010

  Senior Consultant - Advisory
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  Soneri Bank Limited

  Dec 2010 - Dec 2011

  Internal Controls
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  Summit Bank Limited

  Nov 2011 - Apr 2021

  To ensure complete documentation of Bank’s processes (both at entity level & at activity level) in the form of Process level work flows.•A risk assessment of the business sub processes / sub cycles for entity level & activity level by developing Risk Control Matrices.•Validate the process level Work Flows & Risk Control Matrices documentation from the respective departments / branches.•Develop Testing Plans of all operations of the bank both at entity level & activity level.•Conduct internal control reviews for all bank’s operations. The review covers all the activities / operations at HO level and at branch level.•On the basis of internal control reviews, develop and submit ‘Gap Analysis Report’ and respective recommendations to senior management.•Conduct Quality Assurance Exercise for gap validation.•Prepare Remediation Plan and conduct follow ups for the remediation of Gaps.•Identification of significant accounts as per latest audited financial statements and modify the Process & Control Documentation accordingly.•Conduct full scope reviews at branches to the effectiveness of key controls. Show less

  • Head of Internal Controls

    Nov 2011 - Apr 2021

  • Unit Head - Internal Control

    Nov 2011 - Nov 2011
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  Pak Oman Microfinance Bank Limited

  Apr 2021 - Sept 2022

  Head Of Internal Audit

  Determine audit scope and prepare Risk Based Audit Plan as per IIA Guidelines.Present status updates of Audit Plan to Board Audit Committee.Proactively inform senior management of significant risks or exposures related to internal controls.Implement Internal Audit Policy.

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  HBL

  Sept 2022 - now

  Active in determining audit scope and preparation of Risk Based Audit Plan.Ensure completion of audits as per the plan approved by Board Audit Committee (BAC).Status updates for multiple Management and Board Audit Committees.International Audit Assignments:United Arab Emirates, Bahrain & Srilanka Key Engagements:- Financial Crime Compliance - TBML, AML, CFT, CPF & KYC- Capital Adequacy of Banks in the UAE - Internal Capital Adequacy Assessment Process (ICAAP)- Compliances of High-Level Controls of the Central Bank of Bahrain (CBB)- Compliance with the Central Bank (CB) of UAE issued Regulation & Standards.- Design Review of Policies / Procedures and Structures.- CBUAE’s review of Financial Crime Compliance compliances. Show less

  • Regional Head Internal Audit UAE

    Sept 2022 - now

  • DGM-II - International Audits

    Sept 2022 - Aug 2024