Design
Mohamed Faiz Sayad
Treasury Head
Durban
Summary
Structured Treasury Manager demonstrating superior performance in Treasury management. Ready to fulfill challenging new role and leverage 10 years of financial expertise to positively impact business financial health.
Overview
11
11
years of professional experience
1
1
Language
Work History
TREASURY OPERATIONS MANAGER
Grindrod Limited
06.2016 - Current
- Management of new and existing banking facilities
- Arranging financing facilities including long term facilities, general borrowing facilities, guarantees, letters of credit and hedging facilities
- Bank account management
- Transactional and money market banking
- Manage Exchange Control applications
- Liquidity & Cash Management - Planning and forecasting for daily, weekly & long-term cash flows
- Implementation / maintenance of any trade finance requirements – Letters of Credit, Bid Bonds, Guarantees etc
- Spot and forward FX trading including identifying exposures, hedging analysis, revaluation, posting related journals to SAP, compliance with South African Reserve Bank Regulations
- Establish and monitor key business-specific operational risk management benchmarks, making improvements when appropriate
- Group reporting, including monthly/quarterly balance sheet reports, short-term liquidity position, compliance & exchange control reporting, encumbrances, guarantees
- Management of intercompany loans, including interest recovery, preparing of agreements, monthly balancing, and any related withholding tax administration
- Preparation and review of monthly balance sheet reconciliations
- Implementation of treasury system/s.
- Managed budgets effectively, ensuring optimal financial performance while investing in necessary resources for business growth
TREASURY OPERATIONS IN-CHARGE
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
09.2014 - 05.2016
- Reporting directly to the Chief Operating Officer
- Overseeing the entire treasury back office operations
- Authorising all transactions processed by reporting staff as per policies and procedures as set out by the bank and SARB
- Liquidity and foreign exchange risk monitoring and reporting (including a daily liquidity report sent out to senior management)
- Exchange position reconciliation and management
- Settlement and confirmation of all foreign exchange and money market transactions
- Liaising with external banks (local and foreign) and SARB
- Daily settlements with SARB via SAMOS
- Inter-branch fund management
- Improve and introduce new processes to enhance efficiencies and internal control
- Special projects.
CREDIT ADMINISTRATOR (IN THE ROLE OF A CREDIT ANALYST) – CREDIT RISK DEPARTMENT
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
05.2013 - 08.2014
- Objectively assess credit proposals, identifying key risk issues and researching a reasoned conclusion
- Meet KPIs related to review of proposals, reporting and other performance standards
- Revert to the Branch Manager with queries on the credit application within specified turnaround time
- Ensure all major queries are sorted out prior to the case being submitted to the Credit Risk Manager
- Liaise with the Branches to recommend structural enhancements with regard to credit risk proposals
- Highlighting any shortfall or dilution in collateral value to the credit process chain
- Documentation of proposal related information to be in conformity with requirements as set out internally
- Ensure that all sets of financial accounts received by the department are analysed
- Maintain physical and electronic documentation of all proposal related information
- Review of existing client exposures, active monitoring of key clients/large exposures and exposures to specific products
- Review frameworks for assessment of different types of lending transactions
- Check monthly/quarterly portfolio review reports
- Monitoring of facilities implemented, deposits under lien in the account, revision in limits & adherence to terms and conditions of approval
- Closely monitoring market fluctuations affecting collateral held against credit facilities
- Recording of results of any re-valuations of collateral and in case of a shortfall the credit must be submitted for immediate review to concerned authorities
- Report on any irregularities in the accounts
- Preparation of quarterly reports on work monitor/ risk rating for dispatch to head office, Zurich
- Undertake projects (including IT Projects) and assignment from time to time as directed by the line manager.
CREDIT ADMINISTRATOR – CREDIT ADMINISTRATION DEPARTMENT
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
01.2013 - 04.2013
- To liaise with branches for copies of documents, including: CK2, CM29, Trust Deeds and ID’s
- Preparation of Letter of Facilities and all Security documentation for onward submission to Branches
- Updating security register, weekly follow ups on outstanding securities
- To log in/out all security documentation
- To create and maintain client credit files
- Filing – daily and update regularly for client files and General Department correspondence
- To type documents as and when required
- Obtaining confirmation of insurance on property/stock/machinery and renewals thereof
- To maintain and check manual diary system on a daily/monthly basis
- Preparation for the annual credit inspection.
Education
Passed level 2 -
CFA Institute
Bachelor of Business Science Degree (Finance) – Cum Laude - undefined
University of KwaZulu-Natal
Grade 12 (Matric) - undefined
Durban High School
Skills
Willing to learn and adapt to changing environmentsA critical thinker - strong analytical skills; accurate and probingGood interpersonal skills - works well with others, motivates and encouragesAn inspiring leader with the ability to think laterally, provide solutions and exercise independent judgment in the resolution of problemsFocused, self-motivated and target driven; determined to succeedCreative, pro-active and innovativeStrong business vision and strategic acumen
Funding Strategy Execution
Foreign Exchange Management
Credit Facility Negotiation
Banking Operations Familiarity
Analytical Thinking Capacity
Continuous Improvement Mindset
Ethical conduct and integrity
Cash Flow Forecasting
Liquidity Risk Management
Occupation
Treasury Head
Age
33
Ethnic Group
Indian
Drivers Licence
Code 08
Desired Job Location
Durban
Current Employer
Grindrod Limited
Availability
1 month notice
Residential Location
Sherwood, Durban, KwaZulu Natal, South Africa
Personal Information
- Gender: Male
- Nationality: South African
References
Available on request.
Interests
Woodwork
Travel
Timeline
TREASURY OPERATIONS MANAGER
Grindrod Limited
06.2016 - Current
TREASURY OPERATIONS IN-CHARGE
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
09.2014 - 05.2016
CREDIT ADMINISTRATOR (IN THE ROLE OF A CREDIT ANALYST) – CREDIT RISK DEPARTMENT
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
05.2013 - 08.2014
CREDIT ADMINISTRATOR – CREDIT ADMINISTRATION DEPARTMENT
HBZ Bank Limited (Subsidiary of Habib Bank AG Zurich)
01.2013 - 04.2013
Passed level 2 -
CFA Institute
Bachelor of Business Science Degree (Finance) – Cum Laude - undefined
University of KwaZulu-Natal
Grade 12 (Matric) - undefined
Durban High School