Chadi Cheaib

high achieving with 22+ y of successful experience

إدارة عليا / استشارات

Doha, بَلَدِيَّة اَلدَّوْحَة

عن Chadi Cheaib:

A high-achieving leader with 21+ years of successful experience in banking operations management, executive-level compliance, and project management in diverse banking environments. Demonstrated proficiency in team leadership and customer relationship management to advance business goals and objectives. Trustworthy, reliable, and proactive, ability to thrive in demanding environments and skillfully manage multiple priorities. Strong interpersonal skills, proficient in communicating effectively at all levels to consistently achieve aggressive business goals.

الخبرة

FREELANCE CONSULTANT & ADVISORY, December 2022 - present

AML/CFT & Sanctions Governance and regulatory compliance.

Designed and implemented comprehensive AML/CFT compliance programs tailored to client needs.
Advised clients on sanctions regulations and developed policies to ensure compliance with international laws.
Conducted risk assessments to identify vulnerabilities and recommended mitigation strategies.
Provided training sessions for staff on AML/CFT regulations and compliance responsibilities.
Performed independent audits of existing AML/CFT programs to ensure regulatory standards were met.
Assisted in the development and implementation of policies and procedures related to AML/CFT and sanctions compliance.
Kept clients informed about changes in regulations and helped them adapt their compliance programs accordingly

Companies worked with:

Bonita Trading WLL.
Investment for construction and contracting
Honostar for trading and construction

Commercial Bank Of Qatar, Doha, Qatar October 2020-December 2022

Senior Manager- AML/CFT & Sanctions Governance.

Deputy Money Laundering Officer – DMLRO

Set and implement the AML and sanctions Governance strategy, hierarchical & annual plan, and Human Capacity Plan. Standard of procedures & policies in place. Implementation of Risk-based AML/CFT & sanctions framework.
Identify and implement international best practice risk-based compliance framework.
Provide advice concerning AML/CFT matters concerning regulators, Central Bank regulations and Laws, instructions, FATF +9.
Develop a process to detect and evaluate violations connected with banking activities and its products.
Ensure the availability of written instructions to employees on the proper application of laws, regulations, and standards.
Manage a team of employees to carry out and conduct regular AML/CFT & Sanctions Governance activities related to all divisions conducting banking activities and optimize the utilization of the resources to achieve the preset goals, and objectives and ensure compliance inputs, feedback are appropriate meet the strategic goals and objectives.
Evaluate the appropriateness of internal procedures directives, and instructions, detect any weakness in standards of procedures and policies, and provide recommendations for effective solutions.
Established and implemented AML/CFT & sanctions eLearning system for training and developed all CBQ staff.
Promote Know Your Customer (KYC) and Know Your Transaction standards (KYT); and Enhance Due Diligence (EDD) Standards across products and businesses and customer segments, Provide periodic review reports to the Compliance and Risk Committee and management on AML/CFT and sanctions implementation and ongoing monitoring of suspicious activities. Assess risk through information on unusual and suspicious transactions and take measures to report them to relevant authorities as appropriate. Ensure compliance with AML/CFT laws and regulations & internal policies and procedures.
Develop and strengthen the AML/CFT and sanctions governance relationship with all other divisions that conduct banking activities including but not limited to Group.
Ensure effective ongoing training and education is available for staff on AML/CFT and sanctions and proper records are maintained in line with the regulatory requirements and enhance bank staff knowledge regarding anti-money laundering and compact financial terrorisms by publishing easy-to-understand articles concerning compliance in the internal staff communications.
Act as primary adviser and consultant for MLRO and assist with analyzing and recommending next steps to ensure AML/CFT and sanctions and reporting methods.
Evaluate and Gap analysis of the CB Standard industrial classification of all economic activities, with the international practice to ensure a coherent and consistent classification structure of economic activities based on a set of internationally agreed concepts, definitions, principles, and classification rules.
Review and revise all set ML/SFT system scenarios and build complex scenarios to detect suspicious activities and avoid false positive alerts and cases.
Strength reporting of suspicious activities (STR) and shifted up to avoid defense reporting.

Key Achievements:

Set and implement the AML & Sanctions Governance strategy, hierarchical & annual plan, Standard of procedures & policies in place. Implementation of Risk-based AML/CFT & sanctions framework.
Strength and enhance the efficiency and effectiveness of the STRs.
Develop and build new processing based on increasing the time efficiency and quality of case studying (closing and reporting)
Building a full trust connection and communication with regulatory bodies (FIU, QCB, PP)

Qatar Islamic Bank, Doha, Qatar March 2011-October 2019

Supervisor- Compliance AML Officer

Set and implement the Compliance & AML strategy, annual plan, policies, and procedures in place. Implementation of Risk-based compliance framework.
Identify and implement international best practice risk-based compliance framework.
Provide advice concerning compliance & AML matters concerning regulators, Central Bank regulations and Laws, and instructions.
Develop a process to detect and evaluate violations connected with banking activities and its products.
Ensure the availability of written instructions to employees on the proper application of laws, regulations, and standards.
Manage a team of employees to carry out and conduct regular compliance activities related to all divisions conducting banking activities and optimize the utilization of the resources to achieve the preset goals, and objectives and ensure compliance inputs, and feedback appropriately meet the strategic goals and objectives.
Evaluate the appropriateness of internal procedures directives, and instructions, detect any weakness in policies, and procedures, and provide recommendations for effective solutions.
Established and implemented compliance eLearning system for training and developed all QIB staff.
Promote Know Your Customer (KYC) and Know Your Transaction standards (KYT); and Due Diligence Standards across products and businesses and customer segments, Provide periodic review reports to the Compliance and Risk Committee and management on AML implementation and ongoing monitoring of suspicious activities. Assess risk through information on unusual and suspicious transactions and take measures to report them to relevant authorities as appropriate. Ensure compliance with AML/CFT laws and regulations & internal policies and procedures.
Develop and strengthen the compliance relationship with all other divisions that conduct banking activities including but not limited to Group.
Implement FATCA system and tools, ensuring the bank and all subsidiaries and branches comply with IRS regulations and instructions, as well as reporting requirements.
Ensure effective ongoing training and education is available for staff on AML/CFT and proper records are maintained in line with the regulatory requirements and enhance bank staff knowledge regarding anti-money laundering and compact financial terrorism by publishing easy-to-understand articles concerning compliance in the internal staff magazine.
Cooperate and assist with implementing the BCM champion system and plans from a compliance perspective.

Act as primary adviser and consultant for MLRO and assist with analyzing and recommending next steps to ensure compliance and reporting methods.

Set and Implement Western Union (partnership) compliance & AML strategy, policies and procedures in place, with availability of written instructions on the proper application of international regulations and laws, to met and ensure international best practice risk-based compliance framework for financial services.

Key Achievements:

Implement FATCA system and tools, ensuring the bank and all subsidiaries and branches comply with IRS regulations and instructions, as well as reporting requirements.
Collaborated in a team environment to plan and implement a new core banking system (T24). Ensured compliance with all regulations and internal policies and procedures.
Conducted successful inspections for international branches (Sudan), and subsidiaries (UK, Malaysia, Lebanon) to ensure adherence to policies and procedures within each respective country. Local branches developed reports about branch commitments and followed compliance policies and procedures for QCB concerning anti-money laundering and compact financial terrorists.
Successfully Implement new and updated screening online & offline systems.
Set and Implement Western Union (partnership) compliance & AML strategy, policies, and procedures.

First National Bank, Beirut, Lebanon July 2006-March 2011

Deputy Head of Section, Compliance & Control Officer

Provided exceptional leadership as a member of the Compliance and AML/CFT Committee Council.
Reviewed and updated information in clients’ applications to ensure accuracy.
Controlled private banking and trade finance department and operation department ensuring processes and procedures are followed for transactions above $10,000.
Communicated and coordinated with the Central Bank of Lebanon regarding every update. Regularly reported to the compliance and AML/CFT committee council regarding procedures of the central bank and Lebanon government.
Controlled and analyzed the financial movement of the employees (staff and managers) with top confidential and reporting to the general manager directly.
Ensured due diligence and monthly financial analysis of every suspicious cash movement and placed under control.
Verified daily cash deposits, moved by proxy reports, and ensured the source of funds was mentioned in the cash transaction slip. Verify weekly and monthly reports of IPO against OP and cash deposit against out port payment and checks, cash withdrawal, inward payment against out port payment, and cash withdrawal.
Created and implemented analytical tools to identify risks associated with processes submitted to the incumbent for review and ensure risks are adequately controlled/ mitigated through the introduction of checks and balances.
Assisted Manager, Credit, and Operational Risk in ensuring Operational Risk processes cover all operational areas.
Partnered with management on internal audit, participating in post-incident reviews to ensure necessary remedial actions/ control improvements were implemented to prevent the recurrence of future losses.

Key Achievements:

Employed expert knowledge to assist with the upgrade and testing of a new version of the AML reporting system.
Optimized compliance functions and mitigated risk through consistent process improvements.
Developed STR online systems to enhance effectiveness.

First National Bank, Beirut, Lebanon October 2002-July 2006

Team Leader, Customer Services & Relationship Officer

Built and maintained customer relationships and fostered a team environment focused on stellar service.
Increased sales of Visa and Master Card services while managing all aspects of the sales process.
Established new accounts, including ordering checkbooks and ensuring all client needs were met.
Assisted with marketing and advising all bank products and services.
Issued certificates and banking checks promptly.
Supported all aspects of daily operations, managed the progress of clearing client checks, and reported any risks to the manager. Proactively followed up on anti-money laundering cases.

Key Achievements:

Guided clients in securing loans of all sizes, including personal, commercial, and microloans. Assisted clients with identifying the best and fastest loan refinancing options.
Supported the development of systematic testing of KYC and AML requirements.

Built long-lasting relationships with new and existing customers to improve sales of products and services.