Summary
Overview
Work History
Skills
Certification
Training
Accomplishments
References
Timeline
Generic

Mubeen Abdullatif

Saint-Pierre

Summary

Knowledgeable and experienced compliance officer skilled in developing and implementing procedures to promote compliance within the company. Highly ethical and focused team player with productive, diligent approach. Bringing 10 + years of experience in the financial sector. Accuracy-driven and focused on evaluating and optimizing company policies and procedures across board. Disciplined and forward-thinking with results-oriented approach.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Head of Compliance, MLRO and Compliance Officer

DEVERE INVESTMENT LTD
08.2023 - Current
  • Develop, implement, and maintain a comprehensive Compliance Management System (CMS) aligned with Mauritian regulations and international best practices.
  • Establish and monitor the Risk Management Framework, identifying, assessing, and mitigating all relevant compliance risks.
  • Lead the Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance program, ensuring its effectiveness and adherence to the Financial Intelligence Unit (FIU) requirements.
  • Oversee the KYC/CDD processes, ensuring accurate and complete customer due diligence for all client categories.
  • Manage the Suspicious Activity Report (SAR) filing process, including investigation, reporting, and follow-up procedures.
  • Provide training and awareness programs for employees on compliance policies, procedures, and latest regulatory developments.
  • Manage and lead the Compliance team, setting performance objectives and ensuring adherence to ethical standards.
  • Act as the Money Laundering Reporting Officer (MLRO), responsible for receiving, evaluating, and reporting suspicious transactions to the FIU.
  • Represent the company on compliance matters with regulators, other financial institutions, and external stakeholders.
  • Assist the Head of Compliance in implementing and maintaining the CMS, including policies, procedures, and controls.
  • Conduct ongoing risk assessments and monitor compliance risks within the organization.
  • Perform KYC/CDD for a designated portion of clients, verifying identity, sources of funds, and beneficial ownership.
  • Analyze transactions for suspicious activity patterns, identifying potential red flags
  • Prepare and submit STRs to the FIU, following established reporting procedures.
  • Conduct compliance training and awareness sessions for relevant staff.
  • Assist with investigations and internal audits related to compliance matters.
  • Stay updated on evolving AML/CFT regulations and adapt internal compliance practices accordingly.
  • Document all compliance activities and maintain accurate records.

COMPLIANCE MANAGER AND DEPUTY MONEY LAUNDERING OFFICER

DEVERE INVESTMENT LTD
11.2021 - 09.2023
  • Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies;
  • Evaluating the efficiency of controls and improve them continuously;
  • Conducting clients’ database monitoring and repeat CDD,EDD, PEP and Sanctions screenings;
  • Identifying and resolving fraudulent transactions
  • Revising procedures, reports to periodically identify hidden risks or non-conformity issues and ways to mitigate them;
  • Establishing self-audit and compliance monitoring programs;
  • Reviewing and assessing potential fraud activity and developing fraud detection tools;
  • Filing regulatory reports and other documentation;
  • Coordinating rollout and training of new or updated policies and directives whenever required;
  • Transaction monitoring of clients on a risk-based approach
  • The company’s adherence to the investment banking rules
  • Corporate and individual clients’ onboarding
  • Review of agreements between the company and service Providers
  • The monitoring and training of compliance team members
  • Reporting to the board on compliance issues and propose solutions accordingly.
  • Assisted with the development of training materials for employees regarding compliance requirements.
  • Performed consistently with all quality objectives, including planning, control and optimization strategies.
  • Enhanced business relationships by overseeing effective employee and supervisor training.
  • Supporting strategic development and objective setting by analyzing audit outcomes and generating actionable recommendations.
  • Assisting clients to resolve deficiency in risk prevention, business controls and productivity.
  • Reviewing customer issues, company processes and other operational areas to check compliance.
  • Investigating complaints from customers regarding violations of company policy or applicable law and regulation.
  • Implementing improved strategies for regulatory compliance, control testing and process operations.

SENIOR COMPLIANCE ANALYST

DEVERE INVESTMENT LTD
02.2018 - 10.2021
  • Responsible for operational compliance, designing and implementing CDD and AML/CFT procedures, onboarding of clients, assisting IT team in software design, drafting sources of funds questionnaire, reporting FATCA and CRS, compliance oversight and audit, keeping up to date with regulatory changes, conducting compliance reviews, providing recommendations to improve procedures, assisting MLRO/Head of compliance, coordinating reporting channels, scheduling compliance training, risk and compliance monitoring.

COMPLIANCE EXECUTIVE

ANEX MANAGEMENT SERVICES LTD
03.2016 - 01.2018
  • Responsible for monitoring and evaluation of junior staff, onsite compliance reviews, preparation of compliance manual, internal control and compliance, providing summary of regulatory changes, onboarding and due diligence procedures, ensuring compliance with AML/CFT obligations, risk analysis of client database, implementation of procedures/policies, internal reviews, FATCA and CRS reporting, transaction monitoring, maintaining compliance registers, assisting with preparation of compliance reports.

ASSISTANT COMPLIANCE OFFICER

ANEX MANAGEMENT SERVICES LTD
01.2015 - 02.2016
  • Responsible for compliance reviews, re-organization of archives, execution and maintenance of compliance procedures, designing risk rating sheets, enhanced due diligence procedures, compliance review checklist, banking transaction monitoring.

ACCOUNTING OFFICER

ANEX MANAGEMENT SERVICES LTD
01.2012 - 12.2014
  • Processing of invoices via the accounting software Quickbooks;
  • Preparation of Financial statements for GBC and
    domestic companies;
  • Responsible for the daily payments to suppliers on behalf of the
    client;
  • On-site inventory checks;
  • Monitor expenditure and profits and providing reports.
  • Handle account inquiries from internal and external sources
  • Make regular contact with clients to ensure payment

Skills

  • Integrity
  • Determined
  • Eye for detail
  • Work Ethic
  • Operations support
  • Excel & word
  • Drafting skills
  • Documentation skills
  • Risk Assessment
  • Communication skills (Oral and written French & English)
  • Corrective actions
  • Due diligence
  • Project management
  • Compliance protocols
  • Investigative reporting
  • Risk Management
  • Internal Controls
  • Project Coordination
  • Reporting Requirements
  • Legal Research
  • Corporate Governance
  • Compliance Monitoring

Certification

  • International Compliance Association (ICA) associate (30.09.22)
  • Association of Certified Anti Money Laundering Specialists (ACAMS) (04.10.21)

Training

  • ERP Business Process Integration and Document Management System (2013)
  • Understanding the principles of AML/CFT (2014)
  • Market yourself through your image (2014)
  • Speaking in public with authority and confidence (2015)
  • Going the Extra Mile (2015)
  • Advance course to common reporting standard (2016)
  • AML refresher course (2017)
  • Training on Anti-Corruption organized by MCCI & COMESA (2018)
  • Anti-Money Laundering training at temple professionals (2018)
  • BCMS E-learning course on AML & terrorist financing (2019)
  • ACAMS training session (2020)
  • Refresher course on AML by Keynes (2020)
  • FSC Outreach on AML/CFT Onsite Inspection Findings (2020)
  • Combatting Bribery and Corruption by deVere (2021)
  • Anti-Money Laundering by deVere (2021)

Accomplishments

  • Bungy Jumper - Bloukrans Bridge Bungy is one of the world's highest commercial bungy jumping sites at 216 metres (709 ft) above the Bloukrans River. It is situated at Bloukrans Bridge on the N2 Highway at the border between the Eastern Cape and the Western Cape in the Tsitsikamma area of South Africa's Garden Route.

References

References available upon request.

Timeline

Head of Compliance, MLRO and Compliance Officer

DEVERE INVESTMENT LTD
08.2023 - Current

COMPLIANCE MANAGER AND DEPUTY MONEY LAUNDERING OFFICER

DEVERE INVESTMENT LTD
11.2021 - 09.2023

SENIOR COMPLIANCE ANALYST

DEVERE INVESTMENT LTD
02.2018 - 10.2021

COMPLIANCE EXECUTIVE

ANEX MANAGEMENT SERVICES LTD
03.2016 - 01.2018

ASSISTANT COMPLIANCE OFFICER

ANEX MANAGEMENT SERVICES LTD
01.2015 - 02.2016

ACCOUNTING OFFICER

ANEX MANAGEMENT SERVICES LTD
01.2012 - 12.2014

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Mubeen Abdullatif