Mohamed Abotaleb
About Mohamed Abotaleb
Mohamed Abotaleb is the Manager of Wholesale Risk at HSBC Egypt, where he has worked since 2015. He previously served as a Credit Risk Manager at HSBC Egypt from 2012 to 2015 and holds a Bachelor of Commerce in Accounting.
Current Role at HSBC
Mohamed Abotaleb serves as the Manager of Wholesale Risk at HSBC Egypt, a position he has held since 2015. He operates from the Head Office in Cairo and has accumulated nine years of experience in this role. His responsibilities include overseeing the monitoring of all Credit Capital Requirement (CCR) reports mandated by the Central Bank of Egypt. He also manages the regulatory reporting team, ensuring compliance with local regulations.
Previous Experience at HSBC
Prior to his current role, Mohamed Abotaleb worked at HSBC Egypt as a Credit Risk Manager from 2012 to 2015, where he spent three years. In this capacity, he focused on credit risk assessment and management, contributing to the bank's overall risk strategy and compliance with regulatory requirements.
Education and Expertise
Mohamed Abotaleb studied at St. George, where he pursued a Bachelor of Commerce with a focus on Accounting. His educational journey spanned from 1981 to 1994, totaling 13 years. This academic background provides him with a solid foundation in financial principles and risk management, which he applies in his current role at HSBC.
Regulatory and Audit Responsibilities
In his role, Mohamed Abotaleb is responsible for managing all types of provisions, including Operational Risk Reserve (ORR), collective provisions, and specific provisions. He also handles audit requests from internal teams, regional offices, and the Central Bank of Egypt (CBE). His involvement in these processes ensures that HSBC Egypt adheres to regulatory standards and maintains financial integrity.
Policy Development at HSBC
Mohamed Abotaleb plays a significant role in reviewing and creating credit policies at HSBC Egypt. His expertise in credit risk management informs the development of policies that guide the bank's lending practices and risk assessment procedures, contributing to the overall effectiveness of the bank's risk management framework.