Philippe GENET
Responsable Conformité et Risques, Centre de Formation de la Profession Bancaire
• 20 years diversified banking experience with leading international financial institutions
• 3 competencies: excellent business awareness (treasury, private, corporate) combined with a sound knowledge of Risk Management, Internal Audit & Internal Control, Corporate Governance, Quality Standard, Anti-Money Laundering and management experiences
• 2 successful international assignments: Middle-East (5 years expatriation) and Africa
Postgraduated in Financial Markets & Banking, I have a diversified banking experience in leading financial institutions on both international and domestic fronts. In 1987 I served as financial advisor in private banking at Banque Internationale pour l’Afrique de l’Ouest in Togo and Benin before moving to Paris dealing room as corporate dealer. In 1990 I joined ABN Amro’s French subsidiary treasury as a corporate manager. In 1992 I have been assigned in Saudi Arabia where I spent 5 years at Saudi Hollandi Bank responsible for international corporate banking. From 1997 to 2001 I joined and headed the International Dept of ABN Amro’s sub in Paris in charge of Asia and the US. As senior audit manager and Group Audit co-head over the past 7 years I has developed a sound knowledge of risk management and regulatory issues. Late 2008, I set up my own consultancy firm to assist banks and insurance companies in risk management issues including internal controls, internal audit (quality assurance, best practice and IIA standards) and anti-money laundering.
I am certified Anti-Money Laundering Specialist from the Association of Certified Anti-Money Laundering Specialist / ACAMS (2007) ( www.acams.org ).
I am also a certified Internal Audit Quality Assurance Reviewer from the Institute of Internal Auditors / IIA (2007) ( www.theiia.org ).
To strengthen my knowledge in insurance products I attended the Ecole Polytechnique d'Assurances EPA Level I professional training and I graduated in 2008 ( www.esassurances.com ).
In May 2009 I completed a 3-mth Project Management (MOA) professional training including Bazel 2 & IAS/IFRS issues.
You can also check my linkedin profile at : http://www.linkedin.com/in/philippegenetinterna...
481 contacts- Set up & management of internal control framework
- Alignment to IIA internal audit standards
- Anti-Money Laundering control environment
- Project Management
- Interim Management
2005 - 2008- Co-managed (appraised, hired ..) Group Audit France: 15 staff
- Determined annual audit plan, co-ordinated or supervised assigned audits (AA Branch Paris, Banque OBC, Compagnie Neuflize Vie)
- Ensured communication with Senior Management and regulator
- Audit Committee member of Banque OBC, AA Branch Paris and Compagnie Neuflize Vie
- Conducted reviews (credit & internal control framework processes) within Neuflize and OBC banks merger project
- Implemented Institute of Internal Auditors Quality Assurance standard and performed Level 3 Self Assessment
--> Level 5 Certification granted
- EPA Level I Degree from Ecole Polytechnique d'Assurances (insurance products & business professional training - 2008)
2001 - 2005- Performed and managed operational & regulatory audits (Group AA France perimeter, Saudi Arabia, Italy, Luxembourg) and joint audits with ABN AMRO, Rothschild & Compagnie Banque and Axa audit teams
- Contributed to crossborder outsourcing projects: payments and finance functions migration to India
- Supervised and co-ordinated audits for the life insurance Neuflize Vie & Banque OBC with direct reporting line to Senior Management
- Expertises: M&A/Corporate Finance, ECM, Support functions (BO/MO, Finance, Internal Control, Risk Management, Governance, Anti-Money Laundering, Know Your Client/KYC, Compliance, Business Continuity Management), Life Insurance
2000 - 2001- Managed and hired 12 staff --> Revenues 8.5 mln Euro; 1,000 corporate accounts
- Submitted credit proposals for approval to Credit Committee
- Monthly reported business performances to Senior Management
- Ensured alignment to ABN AMRO Group new SBU strategy: change management and business migration/exit program
--> Department audited with a satisfactory rating granted
1997 - 2000- Reorganized, developed and managed a portfolio of 160 corporate subsidiaries of US/Asian parents
- Main products: Corporate Banking, Cash Management
- Initiated business development in coordination with ABN AMRO international network: business trips to Japan, Korea, Taipei, US
--> Revenues 15 mln FRF, +67% increase over the period
--> Credit lines > 600 mln FRF, ROS 523%
1992 - 1997- 5 years expatriation in Saudi Arabia (based in Riyadh)
- Managed and developed a French corporate portfolio
- Main products: Corporate Banking, Trade Finance
- Set up and developed a new porfolio of foreign and Saudi large corporates
--> Revenues 5.6 mln SAR, +14% vs. budget
--> Credit lines > 670 mln SAR, ROA 2,04
- Performed a Total Quality Management multi-cultural project to optimize the credit approval process. Presented report to Senior Management.
--> average credit granting delay reduced from 62 to 28 days
1990 - 1992- Managed a team of 4 corporate dealers: FX, Ccy Option; IRS; CDs; CPs
- Developed a MIS tool to monitor business performances
1988 - 1990- Marketed and sold FX and French money markets products to large corporates (EDF, SNCF, Sucden, Cacao Barry..)
1987 - 1988- 18 months assignment in Togo (based in Lomé) with bimonthly business trips to Benin (Cotonou): French speaking African countries
- Marketed and sold tax driven financial products to high networth individuals
- Set up a Private Banking Unit including staff training