Khurram Aziz Baig
Oakville,ON
Summary
ï Mr. Khurram Aziz Baig is a Seasoned Banker with over 34 years of International Banking experience including Wholesale Banking (Corporate | Syndications | Investment), Commercial and Retail Banking with International and Islamic Banks in Credit (Lending, Structuring | Re- Structuring), Underwriting, Credit Administration, Portfolio Management, Credit Risk Management and Credit Risk Review in Internal Audit (Setting up Audit and Risk Management Infrastructure e.g. Methodologies, Policies, Procedures, Model Calibration and Internal | External Regulations etc.). ï He has strong understanding of operational, legal and credit risk across the full range of business industries. ï He is experienced in development, implementation, review and monitoring of various credit Policies & Procedures.
Overview
32
32
years of professional experience
Work History
Chief Internal Auditor
BAYYT
06.2024 - Current
- Safeguarded company assets by identifying areas of potential loss or misappropriation during audits, recommending corrective actions as necessary.
- Participated in cross-functional projects with other departments, providing expert advice on internal controls and risk mitigation strategies.
- Improved internal control systems by collaborating with management to design and implement robust policies and procedures.
- Supported decision-making processes by presenting relevant audit findings to senior management in a clear and concise manner.
Unit Head - Credit Review Internal Audit
Abu Dhabi Commercial Bank
06.2010 - 05.2024
- Conduct credit and onsite reviews of Corporate/wholesale, Financial Institutions, Investment Banking, Small & Medium Enterprises, Special Assets Management, Remedial & Risk Management, Retail portfolios under the approved Credit Risk Management Policy & Procedures and general guidance of the ADCB Group Chief Internal Auditor (GCIA) as a Lead
- Develop and ensure timely/quality execution of a risk based annual internal audit plan
- Conduct meetings with internal business partners (Risk Management, Credit Ops and Operations departments) and decide on execution timelines
- Design audit programs / Risk Registers and review audit procedures developed by team members
- Direct, supervise and review work of other audit team members in addition to performing audit execution and testing as required
- Prepare and review audit reports and post exam presentation of a comprehensive Review Report to the CEO and the Board, carrying out Risk Review Division's views on the condition & direction of the portfolio quality in relation to the portfolio quality plan, and of any need for pre-emptive and / or preventive corrective action(s)
- Also add comments on the status of Management processes, and ratings according to the banks laid down criteria
Vice President, Product Manager (Trust Account Management)
BADR AL ISLAMI (Islamic Banking Division, Mashreq Bank)
02.2008 - 05.2010
- Developed processes, documented roles & responsibilities for all stake holders, established & placed controls and implemented the same
- Liaised with Dubai Lands Department (DLD) in order to manage these accounts smoothly as per the Dubai Government Law
- Facilitated the customers in processing of their transactions and educated them with all new developments / requirements of the Land Department as necessitated from time to time
- Proactively sourced new Trust Account business in Dubai and other Emirates of U.A.E and earned mandates for Badr Al Islami to work as a Trustee on their behalf
- Prepared projections for the management to continuously assess the profitability of the Trust business
Senior Risk Review Manager
Mashreq Bank
10.2005 - 01.2008
- Conducted periodic credit review of corporate loans (primary/secondary market) and financing arrangements extended by the bank's various divisions/ units including Project Finance, Commercial Real Estate, Contracting Finance, Trade finance, secondary market loans, International corporate Division and Islamic Banking Division of Mashreq Bank, Badr Al Islami
- Audited the adequacy, quality and completeness of loan documents completed by marketing departments
- Prepared periodic Credit Portfolio reports to manage each risk class, identify lending trends, avoid concentration in few industries and recommended changes in asset structure when needed
- Analyzed and reviewed industry specific Borrower Risk Rating, Facility Risk Rating and Expected Loss models
- Monitored ongoing risk associated with accounts, transaction processing, margins and financial covenants
Vice President- SCO Level II, Credit Risk Management
United Bank LTD
04.2004 - 09.2005
- Worked as part of the Credit Committee with having authorized authority to approve credit proposals over US$20MM
- Responsibilities included revaluation, review and management of the Credit Portfolio of Corporate clients pertaining to the Central and Northern region of Pakistan
- Lead a team of credit approvals to ensure high standard credit quality of the portfolio by using various credit assessment tools
- Engaged in the development, implementation, review and monitoring of various credit programs and providing training and coaching to continuously upgrade the competency of the team members
- Reviewed and developed the Bank's credit approval policies and guidelines as well as participated in ad hoc projects of investigative or trouble-shooting nature on specific customer portfolio
Vice President/Team Leader, Corporate / Wholesale Banking
Meezan Bank Ltd.
04.2002 - 04.2004
- Enhanced the corporate book to ensure that the targets in terms of profit, income and trade volumes are met
- Monitored the business transactions and ensured that a strong client base is being built and revenue is optimized across the full range of Shariah Compliant products & services
- Built strong business relationships with counter parties in local, regional, and international financial institutions
- Evaluated, structured, advised, offered, executed and monitored existing relationships/financing facilities and new credit facilities to ensure best between customer and bank interests while remaining within bounds of prudent banking and approved bank policy and practice
Team Leader Corporate / Wholesale Banking
Societe Generale
06.2000 - 04.2002
- Worked as a Team Leader Corporate Banking performing essentially the same functions as described above (In 2002, Societe Generale strategically withdrew from Pakistan, its commercial banking operations were acquired by Meezan Bank a subsidiary of Pak Kuwait Investment Company)
Head of Credit Administration
Societe Generale
04.1994 - 06.2000
- Monitored Asset portfolio in terms of security documentation, collateral maintenance, legal, MIS reporting, central bank and head office reporting etc
- Designed and established efficient control systems for Administration, Accounts, Credit and Corporate marketing
- Participated in the development of business plan for Credit and Corporate banking departments
Credit Support & Compliance Officer
Bank Of America
05.1993 - 04.1994
- Worked as part of the Credit Support & Compliance team and managed & monitored Portfolio Management Accounts (a product of Investment Banking)
- Other assignments included Trading (squaring of Branch foreign currency position and maintaining of Local currency position with State Bank of Pakistan)
Education
Master in Business Administration - Finance
Pak American Institute of Management Sciences (IMS)
01.1997
Bachelors in Commerce -
Bahauddin Zakaria University
01.1989
Skills
- Leadership
- Cross-Functional Team Management
- Polices & Procedure Development
- Project Planning & Management
- Analytical and Critical Thinking
- Task Prioritization and Multi-Tasking
- Microsoft Office & Internal Bank Systems
Languages
English
Full Professional
Timeline
Chief Internal Auditor
BAYYT
06.2024 - Current
Unit Head - Credit Review Internal Audit
Abu Dhabi Commercial Bank
06.2010 - 05.2024
Vice President, Product Manager (Trust Account Management)
BADR AL ISLAMI (Islamic Banking Division, Mashreq Bank)
02.2008 - 05.2010
Senior Risk Review Manager
Mashreq Bank
10.2005 - 01.2008
Vice President- SCO Level II, Credit Risk Management
United Bank LTD
04.2004 - 09.2005
Vice President/Team Leader, Corporate / Wholesale Banking
Meezan Bank Ltd.
04.2002 - 04.2004
Team Leader Corporate / Wholesale Banking
Societe Generale
06.2000 - 04.2002
Head of Credit Administration
Societe Generale
04.1994 - 06.2000
Credit Support & Compliance Officer
Bank Of America
05.1993 - 04.1994
Bachelors in Commerce -
Bahauddin Zakaria University
Master in Business Administration - Finance
Pak American Institute of Management Sciences (IMS)
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