Manager Shari'ah Compliance (UAE National)

Commercial Bank of Dubai
Dubai
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceEducation: bachelorsSkills: ["Compliance monitoring","Risk assessment","Reporting","Stakeholder management","Control assessment"]

Supervise the continuous monitoring of the bank’s Islamic businesses and activities to ensure compliance with Shari’ah guidelines issued by HSA and CBUAE. Develop and execute annual review planning approved by ISSC and the Board, conduct field reviews and walkthroughs, assess internal controls for Shari’ah non-compliance risk, and produce preliminary and final reports with recommendations and management actions.

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FursaFursa
Commercial Bank of Dubai
Commercial Bank of Dubai
1 month ago

Manager Shari'ah Compliance (UAE National)

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Last checked: 8 hours agoStatus: Live

Job Summary

Supervise the continuous monitoring of the bank’s Islamic businesses and activities to ensure compliance with Shari’ah guidelines issued by HSA and CBUAE. Develop and execute annual review planning approved by ISSC and the Board, conduct field reviews and walkthroughs, assess internal controls for Shari’ah non-compliance risk, and produce preliminary and final reports with recommendations and management actions.
Location: Dubai
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Develop the annual Shari’ah compliance review plan for approval by the ISSC and the Board.
  • •Plan and scope reviews by collecting data from business functions and mapping regulatory requirements and ISSC resolutions.
  • •Conduct field reviews, opening meetings, and walkthrough tests to evaluate procedure reliability and control effectiveness.
  • •Assess internal controls related to Shari’ah Non-Compliance Risk (SNC) for design adequacy, operational reliability, and comprehensiveness.
  • •Analyze findings to identify root causes, prepare preliminary and final reports, and monitor progress of action plan implementation.

Key Requirements

  • •University degree in economics, accounting, banking, or finance, with knowledge in Shari’ah and law; or
  • •Professional certificate in Shari’ah and Islamic banking control from an organization supporting Islamic Finance (e.g., AAOIFI or CIBAFI).
Education:Bachelor's in economics, accounting, banking or finance
Skills:Compliance monitoringRisk assessmentReportingStakeholder managementControl assessment
Certifications:AAOIFICIBAFI

Eligibility

Nationality:UAE National

Company Brief

Commercial Bank of Dubai
Commercial Bank of Dubai (CBD) is a UAE-based full-service bank providing personal, corporate and digital banking solutions, trade finance, treasury and wealth services. Operating for over 50 years, CBD supports UAE businesses and individuals through branches and digital channels.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Dubai, United Arab Emirates
Founded: 1969
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