Amr Barakat

Successfully re-engineered the Compliance function to align with rapid growth and strategic changes of the firm since 2008

• Recognized for contributions to the HC School program
• Completed tasks to enhance governance structure of HC, including designing procedures for client due diligence (KYC), Suspicious Transactions Reporting (STR) & (Whistle blowing), and Compliance policies
• Established Board Room Charter and handled Corporate Secretary affairs
• Introduced and supervised risk-based Compliance Monitoring Program
• Managed conflicts of interest related to staff trading
• Developed onboarding procedures to ensure meeting AML/CTF and FATCA requirements
• Developed skills and qualifications of Compliance team through training
• Created periodic Compliance reporting flow
• Handled issues affecting Compliance identified by Internal Audit
• Coordinated the establishment of different mutual funds in Egypt.

• Successfully trained 87% of Amwal’s employees on AML and business-related compliance topics
• Built proper infrastructure to meet stakeholders’ requirements
• Developed Governance framework
• Delivered new procedures for client due diligence (KYC), Suspicious Activity Reporting (SAR) & (STR), and Compliance policies
• Proposed & developed the company’s Article of Association
• Handled Corporate Secretary affairs
• Interacted with QCB and supervised the company’s policy and procedures’ project
• Delivered procedures for approving payments to and from high-risk countries
• Introduced standard training materials to staff

• Introduced the bank's global Compliance standard to local staff
• Designed and implemented the Bank’s Code of Conduct
• Designed procedures for reporting suspicious activities (SAR) & specious transaction report (STR)
• Designed procedures for approving payments to and from high-risk countries
• Introduced standard training materials to staff
• Served successfully as the Compliance Officer for Retail, Corporate & Investment Banking activities.

• Provided valuable assistance to Egyptian banks in implementing Egyptian AML law
• Prepared comprehensive sample of KYC requirements and templates for different types of accounts
• Reviewed Trade Finance documentation from a compliance perspective
• Served as local responsible officer for receiving information concerning suspicious transactions
• Served as liaison between local Compliance unit and Global Compliance office and/or General Counsel
• Introduced list of red flags and suspicious transactions for Anti-money laundering
• Designed case studies on AML for bank employees
• Developed Pattern Analysis Report for monitoring and surveillance.

• Enhanced knowledge and experience about Retail banking and branch management
• Awarded multiple times for contribution in staff suggestion scheme
• Worked as teller and experienced all responsibilities including remittances
• Worked as Customer Sales and Service Officer (Retail Banking) and participated in achieving branch targets.