Hesham Khalil

• Assess the Egyptian banking sector’s AML/CFT and sanctions risk exposure and recommend appropriate measures to mitigate identified risks.
• Assess new initiatives, products, services, business models, and strategic proposals submitted to the Central Bank of Egypt to identify potential AML/CFT and sanctions risks and ensure appropriate controls are in place.
• Assess the adequacy and effectiveness of banks’ AML/CFT systems and controls against applicable legal and regulatory requirements and international standards, and identify gaps requiring remediation.
• Conduct annual risk-based assessments of the effectiveness of AML/CFT systems implemented by banks (AML Systems KPI), communicate identified observations, and agree on appropriate corrective actions within defined timelines.
• Conduct periodic supervisory assessments in response to emerging ML/TF typologies and new regulatory requirements to ensure that banks have implemented the necessary controls and measures.
• Follow up with banks on the implementation of corrective action plans addressing identified AML/CFT deficiencies and assess the adequacy of remediation measures taken.
• Review transactions, deals and business relationships from an AML/CFT and sanctions perspective and provide recommendations on identified risks and required mitigating controls.
• Oversee the effectiveness of sanctions and screening frameworks across the Egyptian banking sector and assess whether appropriate screening controls are implemented.
• Monitor and assess developments in international and local sanctions regimes, evaluate their potential impact on the Egyptian banking sector, and provide recommendations to Top Management on required actions.
• Collaborate with CBE Licensing teams in assessing new products and services proposed by financial institutions and evaluating the adequacy of the associated AML/CFT controls.

• Handle and respond to AML/CFT-related questionnaires received from international organizations and EMLCU.

• Performing enhanced due diligence for any transaction related to sanctioned or high-risk countries and take decision whether to approve or reject these transactions
• Forward suspicious cases to AML investigation team to be reported to FIU after obtaining AML head approval
• Give advice and support branches and departments for any queries related to international sanctions program
• Ensure that bank sanction program is updated and complying with international standards.

• Check all messages that are captured by swift system & Make screening process against black lists such as (Central Bank, OFAC, UN, EU ...etc)
• Releasing, rejecting transactions or pass (report) to Compliance Department
• Coordination with Compliance Department to all matters relating to suspicious cases and deal with confidential
• Handle clearance request with regards to reviewing new customers with foreign parties on negative list
• Handling CBE inquires and provide required data
• Database screening against international and local sanctions list
• Applying enhanced due diligence on trade transactions
• Handling negative hits against international and local sanctions list.

• Analyzing applicant's credit worthy
• Investigating and comparing applicant's information against bank's policy
• Determining credit limit.