Basit Saleem

BASIT SALEEM Plot 314, Flat # A-2 Rose Garden, Al- Fred Street, Nishter Road, Karachi, Pakistan -, --ACADEMIC QUALIFICATION: DEGREE BS (Actuarial Sciences & Risk Management) A-levels O-levels YEAR- INSTITUTE Institute of Business Management (IoBM) The Cordoba School for A-Levels Karachi Public School ELECTIVES/CERTIFICATIONS:  Under-Graduate Electives: • Corporate Treasury and Risk Management • Theory of Risk and Insurance  Certification in Islamic Banking & Finance from IIIB (International Institute of Islamic Bankers)  The Institute of Bankers Pakistan Superior Qualification Stage One (Stage three under process) CAREER PROGRESSION: Bank Alfalah Ltd, Pakistan Designation: Manager Market Risk Department (Risk Management Division)           Prepare Market Risk Capital Charge on Trading book & Credit Risk Capital Charge calculation on different balance sheet heads as per BASEL guidelines for regulatory submission. Prepare Internal Capital Adequacy Assessment Process (ICAAP) for regulatory submission. Analysis of FCY Bond portfolio along with Interest Rate Swap & Futures derivatives valuation. Co-ordinate with ITG for implementation of system based monitoring of Market Risk Framework Perform monthly Hedge Accounting of Interest rate swaps and Interest Rate Futures. Ensuring compliance of Risk Appetite Statement (Market Risk Capital Charge Limits) on quarterly basis. Review of Regulatory Stress Testing (Interest Rates, Exchange Rate & Equity Shocks). Review revaluation report of Fixed Income (Money Market) portfolio and ensure compliance of various limits such as Trading limits, PIB & T-Bills portfolio limits, PV 01 limits etc. Analyses Re-pricing gaps and monitoring of Balance Sheet wise PV 01 limits based on Interest Rate Sensitivity Gaps and analysis on monthly basis. Analyzing proposals raised by Treasury, Financial Institutions & Public Markets (Annual Business Plans, Annual Treasury Limits, Counterparty Limits etc.) Bank Alfalah Ltd, Pakistan Designation: Assistant Manager Market Risk Department (Risk Management Division)       January 2019 – Present January 2018 – December 2018 Prepare revaluation report of FCY Bond portfolio with Interest Rate Swap & Futures derivatives valuation Perform monthly Hedge Accounting of Interest rate swaps and Interest Rate Futures. Assist in preparation of Internal Capital Adequacy Assessment Process (ICAAP) for regulatory submission Worked on the renewal and updating of Market Risk Policy, Market Risk Procedures and Interest Rate Risk Management Policy. Assisted in preparation of TMO Procedural Manual & User Manual of daily reports. Ensuring policies and procedures are followed for limit enhancement, approvals and central bank reporting requirements. Bank Alfalah Ltd, Pakistan March 2017 – December 2017 Designation: Assistant Manager Information Technology Risk & Security Management (Risk Management Division)  Gap assessments with respect to Regulatory Frameworks and Institution’s existing policies.  Vulnerability assessments.  Risk Assessments of technologies implemented Bank wide.  Regulatory Information Security Incidents Reporting.  Initiatives for Information Technology Risk awareness. Bank Alfalah Ltd, Pakistan June 2016 – Feb 2017 Designation: Management Trainee Officer  Financial Reporting Unit (Finance Division) Project: Best Corporate Report Awards 2016  Preparation / Evaluation and assessment of ancillary data required as part of the Bank’s Annual Report for the year ended 2016.  Information Technology Risk & Security Management (Risk Management Division) Project: Compliance Road Map against SBP’s Cyber Security Framework  Draft an Action Plan against emerging Cyber/ Information Technology risks as per the regulatory requirements of the State Bank of Pakistan. HONOURS/ACHIEVEMENTS:  Gold Medalist: BS (Actuarial Sciences & Risk Management) for the graduating batch of 2016.  ‘Foreign Exchange Scholarship’ from the Institute of Business Management for Caucasus University – Georgia.  Merit Scholarship at the Institute of Business Management for the year -).  Appeared in the High Achievers list of ‘The City School’ published in Daily Dawn dated 13 August 2011.  Merit scholarship at the ‘Cordoba School for A-levels’ for academic excellence in AS-Level.  Merit scholarship at the ‘The City School’ for academic excellence at O-Levels. SKILLS & INTERESTS:  Basic skills of Options pricing, Financial modeling and analysis.  Elementary Knowledge of Basel Framework.  Elementary knowledge of E-Views & SPSS, Adobe Photoshop and Microsoft Office.  Sound Communication & Interpersonal Leadership Skills. MAJOR TERM PAPERS/ RESEARCHWORK/PROJECTS:  Enterprise Risk Management: Analysis of Risks associated with Islamic Finance.  Methods in Business Research: Effectiveness of Comparative Advertising.  Institutional Investments: Sukuk Bonds Market in Malaysia. EXTRA-CURRICULAR ACTIVITIES/HOBBIES:  An active member of Pakistan Boy Scouts Association affiliated with the World Organization of Scout Movement (WOSM).  Member at the International Students Club of Caucasus University (ISCCU) – Georgia for the year-  Advisor to the President at ARMS (Actuarial and Risk Management Society) at IoBM for the year-.  Member (Previously) of various management teams at Leadership Conferences.  Certificate of Recognition for promoting ‘Theatrical productions’ at Cordoba School for A-levels.  Certifications related to Civil Defense Workshops and Social Causes.