Manager - Corporate Sharia Audit, Bank Nizwa, Muscat, Oman

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

Read the Job Description, and scroll down for "Details to Register for this Job" to APPLY...

Job Description

Job Purpose:

• Ensure comprehensive compliance with Sharia principles across all corporate financial activities, products, and services.
• Conduct thorough Sharia audits and assessments to identify, evaluate, and address areas of non-compliance, ensuring compliance with regulatory and SSB guidelines and resolutions.
• Collaborate with Head of Sharia Audit to provide actionable recommendations for improving governance and compliance frameworks within corporate settings.
• Maintain Sharia Audit in-house risk management strategies tailored to mitigate Sharia non-compliance risks, contributing to the organization's overall strategy.
• Drive continuous improvement through regular monitoring and updating of worksheets, procedures, and department policies to align with SSB Resolutions, emerging Islamic finance standards and best practices.

Responsibilities:

Reviewing corporate business operations:

• Conduct detailed reviews of corporate product transactions, including Goods Murabaha, Ijara, Wakala Bil Istithmar/Sukuk, Funds, and syndication contracts, ensuring Sharia compliance.
• Collaborate with Head of Sharia Audit to prepare responses to CBO/Audit reports related to Sharia issues.
• Compile and analyze statistics on executed and audited transactions.
• Review and update SOPs, PPDs, and PDMs to incorporate Sharia controls, ensuring non-compliance risks are mitigated.
• Communicate and resolve Sharia observations
• Coordinate with relevant department managers to resolve identified Sharia compliance issues.
• Collaborate with the IT Department to ensure product executions eliminate potential Sharia-sensitive elements.

Review IT systems

• Evaluate banking system developments, ensuring Sharia compliance by preparing comprehensive checklists for all products, systems, and MIS reporting requirements.
• Review I.T. banking policies and procedures, and draft Sharia audit reports.

Attend SSB and Ex-Com meeting

• Attend SSB and Sharia Ex-com meetings to present sharia audit report.
• Follow up on rectifications for previous SSB observations and provide updates to the relevant stakeholders.
• Assist with other tasks assigned by the Head of Sharia Audit Unit or ISR.

Job Location

Muscat

Relevant Experience in Years

8 Years

Required Qualification

• Essential (E): Bachelor’s or Master’s degree in Business, Sharia, or Law.
• Desirable (D): Masters in Sharia or Islamic Finance or law with experience in Islamic bank.
• Minimum of 5 years working as a Sharia Audit in a bank. Preferably in Corporate Audit.

Special Certification

Professional Qualification:

• Essential (E): Certified Sharia Advisor & Auditor (CSAA) ,CIB by AAOIFI
• Desirable (D): CSAA,CIPA, CIA, CIFR.

Any Other Relevant Information

Skills & Knowledge:

• Professional writing skills in English and Arabic.
• Ability to understand and analyze financial statements.
• Ability to use MS office comfortable and professionally.
• Strong foundation in Islamic Jurisprudence (Usul al-Fiqh) and Islamic Transaction/Commercial Law (Fiqh al-Muamalat), with the ability to apply these principles effectively in auditing and compliance.
• Comprehensive knowledge of IBRF (Islamic Banking Regulatory Framework), including the Central Bank of Oman (CBO) guidelines, AAOIFI Standards, and other relevant regulations, with familiarity in international standards such as the IFSB.
• Proven ability to manage complex Corporate and Retail audits, provide strategic recommendations, and collaborate effectively with the Sharia Supervisory Board (SSB), department managers, and other stakeholders to ensure a robust Sharia governance framework.
• In-depth knowledge and practical experience in Internal Sharia Audit, with a proven ability to review and evaluate IT systems for compliance with Islamic product structures and operational requirements.
• Leadership and reporting acumen, ensuring timely and high-quality audit reports are prepared and communicated to the Head of Sharia Audit, management, and regulatory bodies as required

DETAILS TO REGISTER FOR THIS JOB:
NOTE: ATS-friendly CV is COMPULSORY!

https://careers.banknizwa.om/Users/CurrentVacancies/SelectedVacancy/70934321-633f-45cd-95c0-3f8d39fe1afc


Applied For Many Jobs, But Didn't Get Any Interview Calls?

Apply For This Job Using a Branded ATS-Friendly CV from Dubai-Forever.Com.

CONTACT NOW!





What is an ATS CV?

Applicant Tracking System or "ATS", is the software that 'READS' your CV and stores this information in a database. Like this:



If the CV is not made as per the RULES of the ATS, the information will get messed up in the database. Like this:



And, you may never be found by the recruiter, in spite of your 'CV information' existing in the database...

... And, you'll wonder why you get rejected in spite of being a PERFECT MATCH for the Job.


Read more about the ATS CV here:

www.dubai-forever.com/cv-writing-services.html#ATS-Compliant-CV


🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


What's the most IMPORTANT thing you should read about a CV Writing Service?

Customer Satisfaction Reviews, right?

You'll get a fair idea whether to purchase that service or not.

Read the reviews and recommendations our customers have written on my LinkedIn profile.

Visit my LinkedIn Profile, and then scroll down to the Recommendations section.



Navigate here for more testimonials/feedback about our expertise and results:

www.dubai-forever.com/resume-writing-feedback.html

www.dubai-forever.com/cv-writing-reviews.html


Also, read reviews about "www.Dubai-Forever.Com" on TrustPilot.com, the world's must trusted review site...


🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


Here are some comments we submitted to achieve LinkedIn's "Top Resume Writing Voice" badge. We are among the TOP 1% of Quality Contributors.

Here are the links:

1) https://shorturl.at/5UENS

2) https://shorturl.at/oaWSK

3) https://shorturl.at/mkyor

4) https://shorturl.at/QUKp2

5) https://shorturl.at/26MZu

6) https://shorturl.at/yr0pj

7) https://shorturl.at/sYnan

8) https://shorturl.at/0WvBm

9) https://shorturl.at/AQQDW

10) https://shorturl.at/kY3ao

Click on these links, and ensure you 'Like' and 'Comment'. Commenting gets you noticed, and many recruiters and HR, read this to select candidates.




Want CV Samples & Templates for FREE?

Click on the CV's below to begin:





🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


Join the Fastest Growing Job Group on LinkedIn:





🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


Join the Middle East's Best Job Groups on Whatsapp:





🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


Join our Telegram Group:





🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


Submit your CV here, as well:





🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲


We support the Far-Sighted, Growth-Oriented Vision announced by the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.


It's an exciting time and the next 30 - 40 years will see massive growth in jobs in the GCC countries.


Excited about working in the GCC? Click on one of the banner's below...






🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲

SOCIAL INITIATIVE:

We publish job vacancies on this Job Portal and our Whatsapp groups for the benefit of job-seekers.


It is to help people who are searching for jobs from across the world.


This is a Social Initiative from our team @ dubai-forever.com, so please help us in this Noble Task by Forwarding these jobs within your Network.


Do this GOOD DEED.


You never know who will benefit from it.


You've heard about KARMA right?


It's waiting to give you 10X of whatever you do...Do the Good Deed. NOW!


🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇰🇼 🇦🇪 🇸🇦 🇶🇦 🇴🇲 🇧🇭 🇦🇪 🇸🇦 🇶🇦 🇴🇲