Nadine Ghosn Eid

Nadine is a Compliance Specialist based in Beirut and a Speaker in various ACAMS Conferences and Anti Financial Crime World Summits, with 26 years of Banking experience, including 16 years of experience in the Payments, Fintech, and Cards Industry, as well as in AML, financial crime, regulatory compliance, and data protection.

In addition to a master’s degree in Money and Banking and Certification in Anti-Money Laundering, Securities, Financial Derivatives, Banking Ethics, and FSA Regulations, Nadine has extended banking experience in the Middle Eastern, African, American, and European markets.

More recently, this experience has included working since May 2019, first as Senior Manager, then as Director and Head of Compliance at areeba, a Leading Financial Technology company specialized in the payment cards and electronic services, and in offering issuing and acquiring services to banks, other financial institutions, merchants, and retailers.

Prior to areeba, she worked with CSCBank sal, a regional leader in the card and electronic payment processing industry, for 14 years, of which the last three years were as Senior Manager and Head of Compliance.

Over her career, her accomplishments have included:

  • Reporting to and advising the organization’s Executive Management in the mitigation of legal, financial, and operational risks.
  • Advising the business on compliance related matters including card services regulatory requirements in Lebanon, the Middle East, and the EU.
  • Drafting, amending, and recommending amendments of current and new policies and procedures in accordance with market regulatory changes and best banking practices with data protection standards.
  • Ensuring compliance with various card schemes, mainly with regards to card issuance, PCI compliance, BIN sponsorship, prepaid, retail, and corporate cards programs.
  • Monitoring compliance control policies, processes, and procedures, and ensuring their prompt implementation across all levels of the organization and the group.
  • Cooperating with the audit teams (internal and external) responsible for ensuring compliance with established internal control procedures relevant to the institution’s activities.
  • Conducting a review of high-risk customers, investigating suspicious operations, and submitting Suspicious Activity Reports (SARs) to the Board Committee for Compliance and Anti-Money Laundering / Countering Financing of Terrorism, as well as to the Special Investigation Commission.
  • Overseeing an effective compliance training program, as well as developing and ensuring the implementation of the institution’s code of conduct and the best banking and financial practices.
  • Acting as the Data Protection Officer of the organization.