Salman Bhat
Doha
Summary
Strategic manager with extensive expertise in risk management, internal audit execution, and compliance frameworks development. Proven track record of enhancing operational efficiency through comprehensive risk assessments, control environment evaluations, and governance policies creation. Adept at stakeholder engagement and driving alignment with regulatory requirements to mitigate potential risks.
Overview
13
13
years of professional experience
Work History
Manager - Risk Advisory
Deloitte & Touche Middle East
03.2018 - Current
- Led the successful delivery of comprehensive internal audit and consulting engagements, demonstrating extensive expertise in compliance, risk management, and operational efficiency.
- Conducted risk assessments, prepared audit plans, evaluated internal controls design, developed and reviewed audit programs, evaluated benchmarks, and consistently conducted evaluations to improve optimization.
- Managed Third-Party Risk Management reviews and Internal Control reviews for regional clients, ensuring alignment with regulatory requirements, effective mitigation of potential risks, and the enhancement of operational efficiency through the implementation of robust control frameworks.
- Established robust governance frameworks, including the development of Policies, Procedures, Process Flowcharts, and Delegation of Authority Matrices (DOAM), enabling clients to perform complex and routine tasks with consistency, quality, and adherence to both local regulatory requirements and international standards.
- Provided consultancy and insight to senior client executive staff on the control environments and the efficiency of processes to ensure alignment with organizational objectives.
- Spearheaded the worker welfare program for the Supreme Committee for Delivery & Legacy for the FIFA WC-22 to direct, develop and execute comprehensive risk-based compliance programs, covering audits on recruitment practices, worker welfare, subcontractor approvals, grievance redressal, and tender evaluations to ensure full alignment with FIFA standards and local labor laws.
- Collaborated with different internal stakeholders (procurement, legal, technical teams, regulators, and welfare officers) and external stakeholders (BWI, ILO, MoL, Impact Limited) to drive contractor compliance, implement rectification plans, and uphold international labour and governance standards.
- Developed NEOM’s worker welfare standards (audit & inspection methodologies and checklist) and IT-enabled compliance frameworks aligned with KSA labour law and global best practices; built tools to baseline contractor performance, assess risks, and drive mitigation across the supply chain.
Senior Consultant - Tax & Compliance
Deloitte Touche Tohmatsu LLP (US)
02.2014 - 01.2018
- Led U.S. corporate and partnership tax compliance engagements for multinational clients, ensuring accurate and timely filings in line with IRS and state regulations.
- Directed workflow by allocating tasks, reviewing deliverables, and ensuring quality-first client service.
- Reviewed and prepared corporate (1120) and partnership (1065) returns, reconciliations, and responses to tax authority notices.
- Conducted in-depth tax research using CCH, BNA, and IRC codes to resolve complex technical issues.
- Strengthened tax risk management through detailed audit reviews and compliance testing.
Compliance Auditor
Quatrro Global Services
12.2012 - 01.2014
- Audited and evaluated U.S. residential mortgage applications and loan portfolios (Bank of America) to assess investment risk.
- Reviewed credit and property documentation, approving, declining, or suspending loans based on full underwriting analysis.
- Assessed closed loans for compliance with Selling Guide, DU Guide, and lender contract terms.
- Performed risk analysis to identify deficiencies and conducted investigative audits to resolve potential fraud cases.
Education
Master of Business Administration - MBA
International Islamic University of Malaysia
10.2012
Bachelor of Commerce - B.com
University of Kashmir
02.2010
Skills
- Internal Audit Execution
- Risks Assessment & Management
- Compliance Framework Development
- Corporate Governance & Policy Design
- Third-Party Risk Management
- Regulatory Compliance & Monitoring
- Fraud Detection & Prevention
- Tax Compliance (Direct & Indirect)
- Process Mapping & Flowcharting
- Operational Efficiency Improvement
- Control Environment Evaluation
- Stakeholder & Client Relationship Management
- Contractor Performance & Labor Law Compliance
- Worker Welfare and Organizational Development
PROFESSIONAL DEVELOPMENT
- Certification - Harvard Manager Mentor Leadership Essentials
- Diverse e-learning Courses and Training Sessions - Deloitte
Timeline
Manager - Risk Advisory
Deloitte & Touche Middle East
03.2018 - Current
Senior Consultant - Tax & Compliance
Deloitte Touche Tohmatsu LLP (US)
02.2014 - 01.2018
Compliance Auditor
Quatrro Global Services
12.2012 - 01.2014
Bachelor of Commerce - B.com
University of Kashmir
Master of Business Administration - MBA
International Islamic University of Malaysia