Muhammad Aslam

Experienced business leader with over 24 years experience in financial services, holding senior leadership roles in UAE and Pakistan. Eager to join a dynamic team where I can leverage my expertise, drive growth, and contribute to shared success through challenging roles, continuous learning, and professional development. Committed to adding value and fostering collaborative success.

Director - DPMS GLOBAL CONSULTING LLC - Dubai

(2025-07)

• Conducted comprehensive AML/CFT gap analysis to identify and mitigate financial crime risks
• Delivered expert advisory services integral to enhancing AML compliance posture
• Executed efficient KYC remediation and seamless onboarding processes to ensure regulatory adherence
• Designed and implemented robust AML compliance frameworks to strengthen organizational controls
• Provided advanced sanctions screening services to mitigate exposure to targeted threats
• Developed and delivered impactful compliance training programs to foster a culture of regulatory excellence

General Manager - YASE EXCHANGE - Dubai

(2017-10 - 2024-12)

• Led all audits with the Central Bank of the UAE and oversaw third-party audits, ensuring compliance and efficiency.
• Directed internal audits, ensuring alignment with company policies and held regular sessions with Risk, Compliance, and Fraud Committees to mitigate risk and enforce controls.
• Prepared comprehensive financial reports for the Board of Directors, supporting strategic decision-making.
• Developed and implemented short-term and long-term business strategies aligned with organizational goals.
• Managed administrative and accounting functions, organizing and coordinating banking services to support operational efficiency.
• Oversaw daily operations across all departments, ensuring efficiency and productivity.
• Managed budgets, financial reports, and resource allocation to maximize profitability.
• Established and maintained strong relationships with clients, vendors, and other financial institutions.
• Provided timely support, guidance, and advice to subordinates, fostering a positive team environment and achieving targeted profitability.
• Monitored and reviewed key financial statements including profit and loss, income and expenditures, budgets, provisions, and pre-payment journal vouchers.
• Conducted day-end closing procedures, including cash balancing, foreign currency reconciliation, and trial balance review.
• Fostered a positive company image through collaboration with customers, government agencies, and community organizations.
• Drove continuous improvement initiatives to optimize processes and reduce costs.
• Ensured compliance with legal, safety, and regulatory standards across all operations.

General Manager - SHAHEEN MONEY EXCHANGE LLC - Deira Dubai

(2013-06 - 2017-10)

• Managed company operations, encompassing all aspects of daily business functions.
• Oversaw Central Bank relations, including audits and regulatory compliance. Monitored daily remittances and Foreign Currency (FC) reporting to the Central Bank.
• Supervised the Compliance Department, ensuring weekly reviews of customer KYC, CDD, and EDD files.
• Developed and implemented short-term and long-term business strategies to drive growth and profitability.
• Monitored daily cash flow and prepared daily payable and receivable reports.
• Maintained accurate records of foreign currency stock levels.
• Managed the monthly closing process, including budget preparation, provision allocation, and target setting.
• Reviewed Profit & Loss (P&L) statements, business reports, income and expenditure statements, budgets, provisions, and prepayment journal entries.
• Performed daily end-of-day closing procedures, including cash balancing, foreign currency reconciliation, trial balance verification, balance sheet review, P&L report review, and cashier report verification.

Branch Manager - HABIB EXCHANGE CO. LLC

(2008-05 - 2013-06)

• Managed branch operations, overseeing daily home remittance processing and global funds transfers.
• Managed foreign currency transactions with high-value clients.
• Developed and implemented marketing strategies to enhance business growth.
• Performed bank reconciliations with Western Union, Xpress Money, U-Remit, and other financial institutions.
• Conducted monthly financial closing procedures, including budget preparation, provisioning, and target setting.
• Managed currency revaluation, profit & loss (P&L) reporting, business reporting, income & expense budgeting, and provision and pre-payment journal entries.
• Performed daily end-of-day closing procedures, including cash balancing, foreign currency reconciliation, trial balance, balance sheet, and P&L report verification.
• Approved commercial telegraphic transfers (TTs).
• Managed the Wages Protection System (WPS) for over 1,300 companies, ensuring timely and accurate payroll processing.
• Negotiated and established agreements with companies for WPS services.
• Compiled employee salary data from clients and submitted it to the Central Bank within regulatory deadlines.

Deputy Manager - HABIB METROPOLITAN BANK LTD

(2006-10 - 2008-05)

• Managed staff payroll inquiries, liaising effectively with management and employees to ensure timely and accurate resolution.
• Oversaw the preparation and distribution of staff appointment letters and settlement documentation, ensuring compliance with company policy and legal requirements.
• Maintained a comprehensive, country-wide employee database, ensuring data accuracy and accessibility for reporting and analysis.
• Administered staff Provident Fund and Gratuity calculations, guaranteeing adherence to regulatory guidelines and internal procedures.
• Managed the administration of staff health and life insurance policies, providing support to employees and coordinating with insurance providers.

Deputy Manager - HABIB BANK AG ZURICH

(2001-01 - 2006-10)

• Managed compensation and payroll functions, centralizing staff salaries within the HR division.
• Calculated staff Provident Fund and Gratuity contributions.
• Managed processes related to employee increments and promotions.
• Administered employee retirement programs.
• Maintained the HR Management System (HRMS).
• Served as a member of the Basle-II Committee.

MBA - Finance & Human Resource Management - NEWPORTS INSTITUTE OF COMMUNICATION & ECONOMICS (2008)

B.COM - KARACHI UNIVERSITY (2000)

HSC - GOVT. ISLAMIA SCIENCE COLLEGE, KARACHI (1996)

SSC - FEDERAL BOARD OF INTERMEDIATE ISLAMABAD (1998)