Muhammad Ali Bhalli
Toronto,ON
Summary
Dedicated Chartered Certified Accountant having diversified experience of 13 years in the field of Audit & Risk Review and exposure of financial consultancy as a Member of the Board of Directors of public sector health organization since July 2023. Audit & review exposure enables me to contribute to the improvement of risk management by assessing asset quality and control systems of my organization.
Overview
13
13
years of professional experience
Work History
Member of Board of Directors - Financial Expert
Khawaja Muhammad Safdar Medical College & Hospital
07.2023 - Current
- Approve overall plans, policies and programs of the institution in accordance with the approved policy of the Government.
- Approve the annual development and non-development budget (PKR 2.8 Billion i.e. CAD 12.7 Million) of the institution.
- Examine and approve the annual report and evaluation report of institution for submission to the Government.
- Ensure that the Government servants are provided treatment according to their entitlement.
- Determine user charges and fees for admission, clinical and procedural services and facilities with the prior approval of the Government.
- Ensure that poor patients and vulnerable sections of society receive adequate health care and
- To request the Government to sanction additional grant-in-aid on a case-to-case basis.
- Responsible for generating resources for the Institution through grants, donations and other such means.
Team Leader - Business Risk Review
Meezan Bank Limited
09.2016 - Current
- Analyze the quality of Financing & investment portfolio and underlying securities primarily aimed at assessing potential Credit Risk.
- Assessing the quality of standard procedures driven by Financing Policy, Risk Management Policy, and Prudential Regulations to identify the inherent risk of individual processes through which Risk Assets have been acquired.
- Assess, quantify and highlight potential risk factors like credit, operational, reputational, legal, regulatory, compliance, etc. that may impact enterprise-wide business activities.
- Ensure that appropriate risk quantification designs/ framework, systems are in place to underscore inherent portfolio risk i.e. Probability of Default (PD), Loss given default etc.
- To keep a close watch on the performance of financial sector, macroeconomic events, and industry outlook, that can potentially affect financial markets and Bank's credit exposure domestically and internationally.
Team Manager Management System Audit
The Bank Of Punjab
12.2010 - 09.2016
- Review the Non-Performing Portfolio of Bank to give assurance on provision booked against those (Non-Performing Loans) on a quarterly basis,
- Review the 5-year strategic business plan and annual operational plan (budgets) of every division and department,
- Develop the Management Audit engagement plans,
- Identify and evaluate significant exposures to risk and contribute to the improvement of risk management and control systems during the audit,
- Evaluate control effectiveness and efficiency by promoting continuous improvement,
- Management of Audit teams & assignments to complete the tasks within approved budgeted timelines.
- Review of ICFR (internal control on financial reporting) Testing Plan and implementation status and its final reporting as per SBP given roadmap on ICFR.
Education
ACCA - Accounting And Finance
Associate Chartered Certified Accountant
United Kingdom02.2011
BBA - Commerce And Business Administration
University of The Punjab
Lahore, Pakistan06.2007
Skills
- Credit Risk Review,
- Risk Management Review,
- Budgeting & Forecasting,
- Review of Annual Financial Statements,
- Review of Annual Development Plan & Non-Development Plan,
- Review of Green Field Projects,
- Financial Audit,
- Credit Portfolio Audit,
Accomplishments
I was Member of Audit & Assurance Committee of ACCA Member
Network Penal of Pakistan in 2014.
Languages
English
Professional Working
Urdu
Native or Bilingual
Additional Information
Trainings:
- Credit Risk Management by Pakistan Credit Rating Agency (PACRA),
- Risk-Based Audit by Bankers Development Institute – BDI Pakistan
Timeline
Member of Board of Directors - Financial Expert
Khawaja Muhammad Safdar Medical College & Hospital
07.2023 - Current
Team Leader - Business Risk Review
Meezan Bank Limited
09.2016 - Current
Team Manager Management System Audit
The Bank Of Punjab
12.2010 - 09.2016
ACCA - Accounting And Finance
Associate Chartered Certified Accountant
BBA - Commerce And Business Administration
University of The Punjab
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