Manager - Sharia Audit Excellence and Subsidiary Governance

Dubai Islamic Bank

  • Dubai
  • Permanent
  • Full-time
  • 13 days ago
Job DescriptionTo manage & supervise the Sharia Audit function of DIB Group Subsidiaries’ & Affiliates and suggest corrective measures in order to improve the Sharia performance of the Group and to be in accordance with the Corporate Sharia Governance Framework & regulatory requirements.Manage the Subsidiaries’ Sharia Audit and guide subordinating Sharia Auditor(s).Review the annual Internal Sharia Audit plan.Ensure the approved Internal Sharia Audit plan is implemented as per the timeline.Review the Sharia audit draft reports and discuss the same with the Group Head of Internal Sharia Audit.Ensure the Sharia observations are discussed with the concerned departments/branches and their responses are included in the Sharia audit report.Finalize the Sharia audit reports for submission to Head of Internal Sharia Audit.Ensure the approved Sharia risk rating methodology is implemented during the audit.Ensure that subordinates keep abreast of professional developments and monitors professional development programs for assigned employees.Ensure the ISSC resolutions are communicated to the auditee department in a timely manner and implemented through regular follow-ups.Ensure that Sharia breaches and corrective measures are clarified to the audited department to reduce/avoid the future breaches.Perform additional tasks given by the HOD.All the above accountabilities include but not limited to any additional/new tasks or responsibilities assigned by the line Manager.Competencies/SkillsEducationMinimum Bachelor’s Degree in economics, accounting, banking or finance with knowledge in Sharia or Bachelor’s Degree in Sharia with knowledge in accounting or finance.Professional Certificate (CSAA. equivalent qualification is an added advantage).Work ExperienceMinimum 6 years of Sharia audit experience.

Dubai Islamic Bank

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