Faisal Bin Muhkhaileb

•Enhanced corporate compliance efficiency by optimizing committee decision-making on SAMA findings and regulatory matters.
•Prepared and reviewed compliance reports, ensuring accurate, data-driven insights for senior management’s strategic decisions.
•Delivered over 400 training sessions on governance, risk, and compliance, leading to a 90% increase in corporate awareness.
•Developed and reviewed compliance and anti-financial crime policies in line with best practices.
•Managed relationships with regulatory bodies such as SAMA, maintaining a 100% compliance rate.
•Led sanctions and risk reviews, investigated suspicious cases, and took decisive actions (account freezing, relationship termination).
•Evaluated and monitored governance and operational risk controls across departments.
•Established compliance departments from scratch and implemented advanced control and technical systems.
•Promoted a culture of compliance through awareness programs, field inspections, and collaboration with internal teams and external auditors.

- Reviewed and improved anti-money laundering and compliance procedures and policies, contributing to better banking operations and reducing regulatory risks by 20%.

- Assessed risks for anti-money laundering procedures and policies, identified gaps, and periodically improved compliance.

- Prepared action plans and operational circulars for the Saudi Arabian Monetary Authority (SAMA), enhancing banking operations and ensuring 100% compliance.

- Increased awareness of compliance at all levels by visiting departments and branches, improving performance and adherence.

- Prepared and monitored training plans for employees to ensure full compliance with regulatory policies and procedures.

- Provided periodic reports to senior management on the level of compliance, with recommendations for areas needing improvement, and followed up on their implementation.

- Reviewed and analyzed compliance incidents and recommended necessary corrective actions.

- Prepared monthly reports to monitor high-risk countries and sanctions, enhancing monitoring operations and reducing financial risks.

- Improved compliance operations and early risk detection by reporting all suspicious activities discovered from daily and monthly alerts.

- Coordinated with all relationship managers to improve regulatory compliance, ensuring effective implementation of policies and increasing adherence.

- Approved and successfully released financial transfers, improving transfer operations and increasing efficiency by 30%.

- Prepared and updated internal compliance policies and procedures to keep up with regulatory changes.

- Coordinated efforts with other compliance teams to ensure uniform policies and procedures across all branches.

- Provided advice and guidance to senior management on complex anti-money laundering issues

- Improved operational efficiency and increased productivity by managing daily administrative and operational aspects.

- Coordinated meetings and prepared monthly administrative and operational performance reports.

- Supervised the team and developed their skills to ensure high performance.

- Organized and improved internal work procedures to achieve institutional goals efficiently.

- Followed up on the implementation of senior management decisions and provided progress reports.

- Handled official correspondence and oversaw the maintenance of administrative documents and recordsorporate objectives.