Page 28 - NIBAF-Training Matters July - December 2022

Other Programs for visualizations helped participants issues in the Audit process in banks
Financial Institutions learn important uses of BI. while Mr. Pasha discussed
regulatory
and
guidelines

Internal Audit: Standards, expectations. The program was
Practice and Regulatory attended by participants from
Data Analytics using MS Guidelines commercial banks and internal
audit team of SBP BSC.
Power BI
The rapidly changing technological Credit Risk Management
This two-day workshop is designed and business landscape and allied
to equip professionals with challenges to achieve
analytics skills to develop organizational objectives in Credit Risk Management is a
meaningful insights from their data conformity with regulatory crucial function for any financial
for informed decisions making. expectations, call for a more institution and failure to assess and
Power BI provides an analytics robust, proactive, risk focused and mitigate any indication of such risk
platform that scales from dynamic audit process supported proactively may be detrimental to
the financial health of a bank and
individuals to the organization as a by strong and independent audit
whole and supports meaningful governance; policies, processes, may threaten its solvency and
insights with hundreds of data tools and methodologies along hence its very existence. Such
visualizations, built-in AI with professional, competitive and significance of credit, makes it
capabilities, Excel integration and dedicated internal auditors. To imperative for financial institutions
pre-built and custom data. A two- build the capacity of internal audit to have effective and efficient
day workshop on the topic was officials of financial institutions in structures to govern and assess
held at NIBAF Islamabad from the area, NIBAF Islamabad risk management activities to
October 25-26, 2022 for developed and conducted a new contain risk-taking activities within
participants from commercial program on the topic at NIBAF tolerable bounds. In order to
enhanced
develop
risk
banks and SBP BSC offices. The Islamabad from 14-15, 2022.
training focused on business Seasoned trainers including Mr. management functions
intelligence, key concepts and Wasimullah, Senior Vice President, capabilities, a two-day training
types of analytics and efficient use Wing Head-Internal Audit, NBP who program on the topic was
of Microsoft Power BI tool. Hands- is a Certified Anti-Money conducted at NIBAF Islamabad
on practice sessions on Laundering Specialist and a from October 10-11, 2022. Mr.
transforming raw data into a certified Forensic Accountant and Naveed Aslam, Joint Director,
structured tabular form, data Fraud Examiner along with Mr. Banking Supervision Department,
cleansing, modeling of data as per Zohaib Pasha, Senior Joint SBP an expert in Credit Risk &
requirements, combining multiple Director, Banking Supervision Corporate Governance with almost
fifteen years of experience of
sheets and files effortlessly, Department, SBP who is a IMF
creating visualizations, year-to-year expert on Banking Supervision and delivered the training. Mr. Naveed
and month-on-month comparisons Regulation and part of the team discussed credit need assessment
of data in visual form, plotting which drafted the SBP’s guidelines & credit facilities, exposure limits,
multiple variables in a single visual, on Internal Audit Function in 2017 monitoring of collateral,
mapping, KPIs measurement, conducted the training. Mr. classification, provisioning and FSV
creating gauges and other types of Waseem focused on practical benefit, investments and other
assets, credit risk identification &
measurement with reference to
local banking industry and also
shared case details of major
defaults in Pakistan. The training
was attended by Banking officers
from Entry level to mid-career
especially involved in credit
initiation, credit risk review, risk
asset review and credit
administration.