Hi, I’m
EMIL GARAYEV
Baku,AZERBAIJAN
Overview
24
years of professional experience
Work History
YIGIM Payment System
Head of Internal Audit
05.2025 - Current
Job overview
- Managing risk, controlling financial integrity, and complying with all applicable laws and regulations throughout the full audit cycle
- Prepare and deliver reports that detail the findings of the audit and the auditing process.
- Create the company’s annual audit plan
- Obtain, examine, and assess accounting records, past reports, information, flowcharts, etc.
- Engage in ongoing learning about the standards, guidelines, best practices, equipment, and methodologies applicable to your industry.
- Manage the execution of each individual audit specified in the audit plan to guarantee the greatest level of service quality
- Inform top management proactively of any major internal control, compliance, or governance-related risks or exposures that need immediate attention
- Recruit, hire, and keep a high-performing audit team with exceptional knowledge, experience, ethics, and integrity
"FinSmart" LLC Accounting and Tax Advisory
Deputy Director
08.2023 - Current
Job overview
- Managed financial reporting and compliance for diverse client portfolios.
- Oversaw budgeting processes and forecasting for departmental expenditures.
- Developed and implemented internal controls to enhance financial accuracy.
- Prepared tax returns and ensured adherence to regulatory requirements.
- Led a team of accountants to streamline accounting operations effectively.
- Prepared balance sheets, profit and loss statements, and other financial reports for management review.
- Analyzed financial statements to identify trends and variances proactively.
"Azer-Turk Bank" OJSC
Head of Internal Audit Department
03.2013 - 08.2023
Job overview
- Managing risk, controlling financial integrity, and complying with all applicable laws and regulations throughout the full audit cycle
- Prepare and deliver reports that detail the findings of the audit and the auditing process.
- Create the company’s annual audit plan
- Obtain, examine, and assess accounting records, past reports, information, flowcharts, etc.
- Engage in ongoing learning about the standards, guidelines, best practices, equipment, and methodologies applicable to your industry.
- Manage the execution of each individual audit specified in the audit plan to guarantee the greatest level of service quality
- Inform top management proactively of any major internal control, compliance, or governance-related risks or exposures that need immediate attention
- Recruit, hire, and keep a high-performing audit team with exceptional knowledge, experience, ethics, and integrity
"Azer-Turk Bank" OJSC
Head of Risk Methodology Unit
01.2012 - 03.2013
Job overview
- Developed and implemented risk management policies and procedures for compliance.
- Coordinated risk assessments to identify potential vulnerabilities and threats.
- Conducted training sessions to educate staff on risk awareness and safety practices.
- Collaborated with cross-functional teams to enhance overall risk mitigation strategies.
- Analyzed incident reports to identify trends and recommend preventive measures.
"Azer-Turk Bank" OJSC
Head of Retail Banking Unit
02.2011 - 01.2012
Job overview
- Managed daily banking operations and ensured compliance with regulations.
- Developed customer service strategies to enhance client satisfaction and loyalty.
- Led team of banking staff, providing training and support on processes.
- Resolved customer complaints promptly and efficiently.
- Served as a mentor to junior staff members providing guidance on banking practices and procedures.
- Identified and developed new customer relationships with retail banking customers.
- Recommended changes in products or services that would benefit customers.
"Azer-Turk Bank" OJSC
Acting Deputy Director of the Branch
07.2010 - 01.2011
Job overview
- Managed daily branch operations and ensured compliance with company policies.
- Led a team of staff, providing training and support to enhance performance.
- Oversaw customer service initiatives to improve client satisfaction and engagement.
- Coordinated branch budgets and monitored financial performance regularly.
- Developed marketing strategies to promote branch services and attract new clients.
- Analyzed operational processes to identify areas for improvement and efficiency.
- Implemented staff schedules to optimize resource allocation and service delivery.
- Monitored financial performance of the branch on a monthly basis.
"Azer-Turk Bank" OJSC Baku branch
Head of Retail Banking Unit
05.2008 - 07.2010
Job overview
- Led retail operations, enhancing customer engagement and service quality.
- Managed daily banking operations and ensured compliance with regulations.
- Developed customer service strategies to enhance client satisfaction and loyalty.
- Oversaw financial products offerings, ensuring alignment with customer needs.
- Resolved customer complaints promptly and efficiently.
- Coordinated activities with other departments within the bank.
- Served as a mentor to junior staff members providing guidance on banking practices and procedures.
- Analyzed financial data to identify trends in customer purchasing behavior.
- Reviewed loan applications to determine creditworthiness of applicants.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
"Azer-Turk Bank" OJSC Baku Branch
Loan Officer
05.2006 - 04.2008
Job overview
- Processed loan applications through electronic management systems.
- Reviewed financial documents for accuracy and completeness.
- Assisted customers with inquiries regarding loan products and services.
- Maintained organized records of all loan transactions and related documentation.
- Scheduled appointments for loan closings and follow-up meetings with clients.
- Supported compliance efforts by ensuring adherence to regulatory requirements.
- Prepared reports summarizing application statuses for management review.
"Azer-Turk Bank" OJSC
Loan Officer
01.2006 - 05.2006
Job overview
- Advised clients on loan options and eligibility requirements.
- Assisted in processing loan applications and documentation.
- Evaluated credit reports to assess borrower risk profiles.
- Processed loan applications through electronic management systems.
- Assisted customers with inquiries regarding loan products and services.
- Supported compliance efforts by ensuring adherence to regulatory requirements.
- Assisted customers with loan-related inquiries and requests for information or documentation.
- Verified accuracy of financial statements submitted by borrowers in support of their loan application.
- Worked closely with loan officers to ensure timely completion of all necessary paperwork associated with each transaction.
"Azer-Turk Bank" OJSC
Financial Analyst
08.2004 - 03.2005
Job overview
- Prepared detailed reports on budget forecasts and variance analysis.
- Utilized advanced Excel functions for data modeling and analysis.
- Developed presentations summarizing financial insights for executive leadership.
- Analyzed complex financial information to offer recommendations to management, driving decision-making.
- Prepared monthly balance sheets, income statements, cash flows statements, budgets.
- Drafted presentations summarizing key findings from financial analyses.
- Assisted senior management in preparing timely reports for board meetings.
"Azer-Turk Bank" OJSC
Accountant
06.2004 - 07.2004
Job overview
- Managed financial records for various banking transactions and customer accounts.
- Prepared monthly, quarterly, and annual financial statements for internal review.
- Assisted in budgeting processes by analyzing past financial data and trends.
- Performed general ledger reconciliations on a timely basis.
- Reported on financial results including balance sheets, income statements, cash flow statements.
- Reviewed invoices for accuracy and completeness prior to payment processing.
- Monitored cash flows and prepared weekly cash projections.
- Assisted in the preparation of tax returns by gathering necessary information from clients and maintaining organized files with documents related to taxes.
Chamber of Auditors of Azerbaijan Republic
Internal auditor
01.2004 - 03.2004
Job overview
- Managing risk, controlling financial integrity, and complying with all applicable laws and regulations throughout the full audit cycle
- Prepare and deliver reports that detail the findings of the audit and the auditing process.
- Create the company’s annual audit plan
- Obtain, examine, and assess accounting records, past reports, information, flowcharts, etc.
- Engage in ongoing learning about the standards, guidelines, best practices, equipment, and methodologies applicable to your industry.
- Manage the execution of each individual audit specified in the audit plan to guarantee the greatest level of service quality
- Inform top management proactively of any major internal control, compliance, or governance-related risks or exposures that need immediate attention
- Recruit, hire, and keep a high-performing audit team with exceptional knowledge, experience, ethics, and integrity
Chamber of Auditors of Azerbaijan Republic
Deputy Director the auditor legislation and method
10.2003 - 12.2003
Job overview
- Led strategic planning initiatives to align company goals with market trends.
- Represented the department at meetings, conferences, workshops.
- Monitored and evaluated program effectiveness, making adjustments as necessary.
- Prepared reports detailing activities of the department for senior management review.
- Set agenda, organized plans and managed program operations, updates, and new implementations.
- Managed budgets, ensuring fiscal responsibility.
Chamber of Auditors of Azerbaijan Republic
Specialist
01.2003 - 10.2003
Job overview
- Department of external relations and the information / Specialist
The assistant to the chairman of chamber
08.2002 - 12.2002
"Azer-Turk Bank"
Trainee
04.2001 - 08.2002
Job overview
- Currency department / trainee
Education
Ziraat Bankası Bankacılık OkuluTurkiye
from Banking And Finance
12-2005
Azerbaijan State Economic University
Master's degree
01.2002
Azerbaijan State Economic University
Bachelor's degree
01.2000
Skills
- Risk management
- Internal controls
- Audit planning
- Financial compliance
- Data analysis
- Financial reporting
Affiliations
Institute Of Internal Auditors, 2003
Personal Information
- Date of Birth: 11/14/78
- Marital Status: Married
Training Seminars Conferences
- 01/2005 - 01/2006, Banking school of «Ziraat Bank», Turkey, Banking training program, Certificate
- 07/12/2006 - 13/12/2006, Azerbaijan Bank Training Center, Credit Management, Certificate
- 04/06/2011 - 11/06/2011, Azerbaijan Bank Training Center, Leadership, Certificate
- 13/02/2012 - 16/02/2012, Azerbaijan Bank Training Center, Risk Management, Certificate
- 20/02/2012 - 22/02/2012, Azerbaijan Bank Training Center, Credit risk management, Certificate
- 11/04/2012 - 13/04/2012, Azerbaijan Bank Training Center, Operational risk management, Certificate
- 17/05/2012 - 23/05/2012, Azerbaijan Bank Training Center, Basics of bank risks (GARP RCP), Certificate
- 28/01/2013 - 30/01/2013, Central Bank/IFC, Operational risk management, Certificate
- 16/03/2013, Azerbaijan Bank Training Center, Anti-money laundering, Certificate
- 27/04/2017, British Standards Institution (BSI), ISO 37001:2016 Anti-Bribery Management System, Certificate
- 20/05/2017, ADA University, Team Leadership, Certificate
- 17/05/2017, ADA University, Manage to Motivate, Certificate
- 24/11/2018, Financial Market Supervision Authority, Anti-money laundering, Certificate
- 10/12/2018 - 14/12/2018, Chamber of Auditors of Azerbaijan Republic, IFRS in practice, Certificate
Languages
Azerbaijani
First Language
Russian
Proficient (C2)
C2
Turkish
Advanced (C1)
C1
English
Intermediate (B1)
B1
References
References available upon request.
Timeline
Head of Internal Audit
YIGIM Payment System
05.2025 - Current
Deputy Director
"FinSmart" LLC Accounting and Tax Advisory
08.2023 - Current
Head of Internal Audit Department
"Azer-Turk Bank" OJSC
03.2013 - 08.2023
Head of Risk Methodology Unit
"Azer-Turk Bank" OJSC
01.2012 - 03.2013
Head of Retail Banking Unit
"Azer-Turk Bank" OJSC
02.2011 - 01.2012
Acting Deputy Director of the Branch
"Azer-Turk Bank" OJSC
07.2010 - 01.2011
Head of Retail Banking Unit
"Azer-Turk Bank" OJSC Baku branch
05.2008 - 07.2010
Loan Officer
"Azer-Turk Bank" OJSC Baku Branch
05.2006 - 04.2008
Loan Officer
"Azer-Turk Bank" OJSC
01.2006 - 05.2006
Financial Analyst
"Azer-Turk Bank" OJSC
08.2004 - 03.2005
Accountant
"Azer-Turk Bank" OJSC
06.2004 - 07.2004
Internal auditor
Chamber of Auditors of Azerbaijan Republic
01.2004 - 03.2004
Deputy Director the auditor legislation and method
Chamber of Auditors of Azerbaijan Republic
10.2003 - 12.2003
Specialist
Chamber of Auditors of Azerbaijan Republic
01.2003 - 10.2003
The assistant to the chairman of chamber
08.2002 - 12.2002
Trainee
"Azer-Turk Bank"
04.2001 - 08.2002
Ziraat Bankası Bankacılık Okulu
from Banking And Finance
Azerbaijan State Economic University
Master's degree
Azerbaijan State Economic University
Bachelor's degree