Rakan Alburaikan
Riyadh,Saudi Arabia
Summary
Results-driven compliance and operations leader with expertise in regulatory adherence, risk management, and process optimization. Currently managing the Self-Supervising Unit at the National Bank of Pakistan, ensuring compliance through proactive monitoring, AML enhancements, and cross-department collaboration. Skilled in streamlining workflows, mitigating risks, and fostering a culture of accountability and excellence.
Overview
10
10
years of professional experience
Work History
SSU Manager
National Bank Of Pakistan
Riyadh
08.2024 - Current
- Led the Self-Supervising Unit (SSU) to ensure efficient, autonomous operations and adherence to regulatory standards.
- Implemented self-auditing protocols, streamlining workflows and enhancing productivity.
- Collaborated with leadership to align unit objectives with the bank’s strategic goals.
- Fostered a culture of self-governance, promoting accountability and operational excellence.
- Delivered process improvements through data-driven insights, optimizing performance and resource utilization.
Sanction Assistant Manager
SAMBA Financial Group
Riyadh
02.2017 - 09.2021
- Conducted daily transaction monitoring through report extraction to ensure compliance and transaction legitimacy.
- Investigated irregular transactions to identify root causes and ensure adherence to regulatory standards.
- Collaborated with branches to address suspicious transaction inquiries, providing guidance and ensuring compliance.
- Strengthened coordination with the Anti-Money Laundering (AML) department, refining flagging scenarios for improved issue detection.
- Identified Bitcoin-related risks and compiled entity assessments for the Saudi Arabia Monetary Agency, supporting the national ban decision.
Assessment and Monitoring Officer
SAMBA Financial Group
Riyadh
09.2014 - 02.2017
- Compiled quarterly reports evaluating compliance department adherence to regulatory standards and company policies.
- Facilitated communication between the Saudi Monetary Agency and business compliance officers at SAMBA to ensure alignment with regulatory expectations.
- Implemented measures to ensure compliance staff completed mandatory training sessions, enhancing regulatory knowledge and compliance.
- Supervised business compliance officers, ensuring consistent adherence to company policies and regulatory standards.
- Managed penalties imposed by the Saudi Monetary Agency, collaborating with compliance officers to implement corrective actions and prevent recurrence.
Education
Bachelor's degree - English Translation
King Saud University
RiyadhSkills
-Risk Management
-Investigation
-Problem-Solving
-Leadership
-Project Management
-Regulatory Knowledge
-Audit and Monitoring
-Quality Assurance
-Process Improvement
Languages
English
Fluent
Timeline
SSU Manager
National Bank Of Pakistan
08.2024 - Current
Sanction Assistant Manager
SAMBA Financial Group
02.2017 - 09.2021
Assessment and Monitoring Officer
SAMBA Financial Group
09.2014 - 02.2017
Bachelor's degree - English Translation
King Saud University
Similar Profiles
IMDAD ALI LASHARIIMDAD ALI LASHARI
BANK OFFICER at NATIONAL BANK OF PAKISTANBANK OFFICER at NATIONAL BANK OF PAKISTAN
FAIROUZ CHELAGHMAFAIROUZ CHELAGHMA
Enterprise Application Manager (AVP) at National Bank of PakistanEnterprise Application Manager (AVP) at National Bank of Pakistan
Asad Ali HussainiAsad Ali Hussaini
Cost Controller at National Bank of PakistanCost Controller at National Bank of Pakistan