Faisal Al-Rashid
Salmiya, Block 4, Street 18, Villa 234
+965 9876 5432 | faisal.alrashid@emailkuwait.com | linkedin.com/in/faisalalrashid

PROFESSIONAL EXPERIENCE

Mortgage Compliance Officer
Gulf Finance Solutions, Kuwait City
March 2021 – Present

• Oversee compliance operations for residential mortgage lending division, ensuring adherence to federal regulations including RESPA, TILA, ECOA, HMDA, and FHA guidelines across loan origination, underwriting, and closing processes
• Implement and maintain comprehensive Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) programs, conducting risk assessments and monitoring suspicious activity reporting in alignment with USA PATRIOT Act requirements
• Manage OFAC sanctions screening protocols and Know Your Customer (KYC) procedures for client onboarding, reducing compliance violations by 94% through enhanced verification processes
• Conduct monthly audits of loan files and funding operations to identify regulatory gaps, collaborating with legal counsel using Westlaw and LexisNexis for regulatory interpretation and guidance
• Develop and deliver quarterly compliance training programs for lending staff on evolving mortgage regulations, consumer protection laws, and fair lending practices
• Serve as primary liaison with state and federal regulatory agencies during examinations, successfully navigating audits with zero material findings over three consecutive review cycles

Senior Compliance Analyst
Arabian Banking Group, Doha
June 2017 – February 2021

• Performed detailed compliance reviews of residential and commercial lending portfolios, identifying and remediating regulatory deficiencies across 800+ loan files annually
• Designed and implemented policies and procedures for FHA-insured mortgage origination, ensuring compliance with HUD requirements and minimizing loan rejection rates
• Collaborated with IT and operations teams to enhance automated compliance monitoring systems, improving detection accuracy for regulatory violations by 78%
• Monitored changes in federal and state mortgage regulations, preparing impact analyses and recommending policy updates to senior management
• Assisted in preparation of regulatory examination responses and corrective action plans for findings related to TRID, QM/ATR rules, and appraisal regulations

Compliance Associate
Middle East Financial Services, Manama
August 2014 – May 2017

• Supported compliance team in daily monitoring of mortgage lending activities for adherence to consumer protection regulations and internal policies
• Conducted OFAC screening and KYC verification for new mortgage applicants, ensuring proper documentation and risk classification
• Maintained compliance tracking databases and prepared monthly reports on key performance indicators for management review
• Assisted in development of compliance testing protocols and participated in internal audit reviews of loan origination processes
• Researched regulatory updates and contributed to policy documentation using Microsoft Word and compliance management systems

EDUCATION

Master of Business Administration (MBA), Finance
Kuwait University, Kuwait City
Graduated: May 2014

Bachelor of Science in Finance
American University of Kuwait, Kuwait City
Graduated: May 2012

CERTIFICATIONS & PROFESSIONAL DEVELOPMENT

• Certified Regulatory Compliance Manager (CRCM)
• Mortgage Bankers Association School of Mortgage Banking
• AML/BSA Compliance Certification

SKILLS

Regulatory Compliance: RESPA, TILA, ECOA, HMDA, FHA/HUD Guidelines, QM/ATR Rules, TRID
Financial Crimes: Anti-Money Laundering (AML), Bank Secrecy Act (BSA), OFAC Sanctions Screening, USA PATRIOT Act, Know Your Customer (KYC)
Lending Operations: Residential Mortgages, Commercial Lending, Loan Funding, Client Onboarding, Private Banking
Research & Analysis: Westlaw, LexisNexis, Regulatory Research, Policy Development
Technology: Microsoft Word, Compliance Management Systems, Loan Origination Software

PROFESSIONAL AFFILIATIONS

• Member, Mortgage Bankers Association (MBA)
• Member, American Bankers Association (ABA)