Manar Al-Farsi
Associate Bank Examiner
Muscat
Summary
A Forensic Scientist and Criminal Investigation graduate with a diversified career in the banking sector. Upon joining the banking sector in 2018, I discovered a new potential within myself and how I was able to invest my background knowledge in different sectors. During my three years in the fraud team, I have gained so much knowledge in relation to different fraud cases, anti-money laundering, working closely with the ROP, legal team, Public Prosecution and CBO. A keen eye for details was developed along with analytical skills. I have moved to Corporate Banking group in Internal Audit to acquire knowledge and understanding of the credit risk associated with Corporates. I was identified as a High Potential individual by bank muscat and nominated to join Jadara Academy course to expand my knowledge in all areas of banking. I successfully completed the two-year course in February 2020. I currently work in the Central Bank of Oman in the AML/CFT Department.
Overview
6
6
years of professional experience
14
14
years of post-secondary education
2
2
Languages
Work History
Associate Bank Examiner
Central Bank of Oman
11.2022 - Current
- Conducted examination specific to AML/CFT area in banks and leasing companies
- Examined Money Exchange Establishments in AML/CFT exposure
- Reviewed Fintech company operations
- Assisted in writing/drafting circulars and guidelines to the financial sector.
Corporate Credit
Internal Audit Department
04.2021 - 11.2022
- Review and monitor performance of the corporate book
- Review recovery plans for corporate stressed accounts
- Review of collaterals and covenants of corporate customers
- Conduct BM977 regulatory requirement on classification of corporate customers
- Conduct IFRS9 stage allocation and provision levels for the bank’s corporate book
- Review and provide feedback on corporate banking policies, procedures and manuals
- Ensure customer due diligence was conducted through the course of the audit
- Review nature of products, services and transactions offered to corporate customers
- Review size and frequency of transactions to ensure it’s in line with the business operations
- Review risk rating of customer and its assessment.
Fraud Assurance and Investigation
Internal Audit Department
06.2018 - 04.2022
- Helped improve internal controls by evaluating systems and recommending updates
- Identify potential risks from case to case basis
- Helped resolve situations and prevent further frauds of similar nature by recommending corrective and punitive actions via reports and oral presentations
- Elevate staff awareness levels to create the highest possible vigilance
- Coordinated effective investigations by working closely with the ROP and attorneys
- Addressed reported fraud to verify accusations and identify investigation requirements
- Supported findings by collecting documentation, preparing evidence, and documenting statements from witnesses and suspects
- Conducted interviews with suspected staff based on relevance.
Education
Bachelor of Science with honors in Forensic Science and Criminal Investigation -
University of Central Lancashire
01.2012 - 04.2016
General Diploma -
Al Sahwa Schools
01.2003 - 04.2012
Skills
Time management
Public speaking and presenting
Witness interviewing
Report preparation
Interrogation skills
Forensic document examination
Additional Information
Presented to the Board Audit Committee multiple times., Rolled out AML and Fraud Risk presentations to over a 100 Corporate ARMs., Presented to new staff about Fraud as part of their induction program.
References
Available upon request
Training
- Public Prosecution - Counterfeit Laboratory, Muscat, Oman, 11/2016, 01/2017
- Public Prosecution - Investigation Units, Muscat, Oman, 01/2017, 01/2017
Timeline
Associate Bank Examiner
Central Bank of Oman
11.2022 - Current
Corporate Credit
Internal Audit Department
04.2021 - 11.2022
Fraud Assurance and Investigation
Internal Audit Department
06.2018 - 04.2022
Bachelor of Science with honors in Forensic Science and Criminal Investigation -
University of Central Lancashire
01.2012 - 04.2016
General Diploma -
Al Sahwa Schools
01.2003 - 04.2012