Regional Head of Islamic Finance

2 days ago


UAE, United Arab Emirates HSBC Full time

**Regional Head of Islamic Finance (UAE Nationals only) - 0000ILK3**

**Some careers have more impact than others.**

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Commercial Banking serves millions of businesses ranging from small, to large corporates, providing commercial customers with a full range of banking services including Global Trade and Receivables Finance, RMB solutions, multi-currency business accounts, payments and cash management, and wealth management and insurance, as well as a comprehensive range of financing solutions. With dedicated Relationship Managers and Product Specialists providing local support and advice in over 60 countries and territories, HSBC helps connect customers to opportunities.

We are currently seeking an ambitious individual to join our Commercial Banking team, working together with colleagues to define, manage and achieve divisional business targets.

**In this role, you will be responsible for**:

- Continual review of the Shariah Finance proposition, taking actions to assess any gaps, addressing and enhancing the offering to clients.
- Wider responsibilities outside of deal origination will be required in the form of pitch-book preparation, desk-top analysis of potential opportunities for growth, tracking and monitoring of deal pipeline/deal conversions and a centralized support system for execution of strategy.
- Identifying training needs (in coordination with the business leads), recommending staff for training, providing ongoing guidance / coaching in conjunction with Internal Shariah Control Section
- Originating relationships and transactions with a focus on UAE but also other markets across MENAT. Establishing and continually building external network with both professionals and clients in order to acquire new clients and promote the Bank’s Shariah Finance capabilities.
- Capturing opportunities and drive origination efforts to support our existing and new-to-bank clients’ Shariah Finance needs across the portfolio, accelerating revenue growth in this space whilst providing frontline teams with the support to achieve this growth.
- Acting as the SME for all aspects of Shariah finance within CMB including review of term-sheets and legal documentation from a Shariah perspective
- Supporting the continued partnership with Global Banking & Markets to drive entity or Group-wide value within the space of Shariah Finance, with responsibility for tracking and monitoring as appropriate.
- Driving close collaboration with product partners and Risk to shape the level of CMB’s risk appetite in this space
- Addressing audit/second line observations in regard to the proposition, working closely with 1LOD and 2LOD.
- Adhering to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.

Requirements

**To be successful in the role, you should meet the following requirements**:

- A solid experience in Islamic banking (Shariah Compliant solutions) and in managing complex commercial & Corporate relationships with international needs.
- Robust Commercial & Corporate lending, risk assessment, trade finance experience and in-depth knowledge of all relevant products.
- Experience in structuring complex credit transaction for clients and close engagement with product partners.
- In-depth understanding of the Corporate Shariah compliant solutions
- In-depth knowledge of Shariah compliant regulations in UAE market
- Established experience & Network in UAE Shariah compliant market
- Good level of business acumen and commercial awareness, including economic, cultural, procedural and regulatory issues
- Excellent interpersonal skills and ability to interact and build relationships with internal and external stakeholders
- Graduation degree is a must - to secure a UAE Visa and Work Permit

**You’ll achieve more at HSBC.**

Issued by The Hong Kong and Shanghai Banking Corporation Limited.


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