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Islamic Banking Compliance Expert

2 weeks ago


Dubai, Dubai, United Arab Emirates Rakbank Full time
About the Role

The successful candidate will have a strong understanding of Islamic banking principles and Shari'ah standards. They will be responsible for conducting internal Shari'ah audits to ensure compliance with regulatory requirements.

Duties and Responsibilities:
  1. Conduct internal Shari'ah audits to ensure compliance with AAOIFI standards and ISSC.
  2. Assist in planning and documenting audit engagements, including risk assessments and terms of reference.
  3. Perform process walk-throughs to identify gaps and design flaws.
  4. Research and assess the effectiveness of Shari'ah governance processes.
Qualifications:
  • Strong knowledge of Islamic banking principles, Shari'ah standards, and audit methodologies.
  • Experience in conducting audits, risk assessments, and process evaluations.
  • Analytical mindset with the ability to detect vulnerabilities and develop strategic solutions.
  • Excellent communication skills to engage with stakeholders and present findings clearly.