Faysal Bank Jobs Officer Shariah Compliance

Job Purpose

Job holder will be responsible to ensure Shariah Compliance in day-to-day business activities and documentation of the assigned Business Unit (department). For this, she / he will be liable to coordinate with Shariah Department and related stakeholders.

Selected candidates will be posted at any of the following department:

• Corporate Banking
• Investment Banking
• Agriculture
• Commercial Banking & Small Medium Enterprises

Job Description:

• Act as a bridge between the deputed Business Unit and Shariah team for the matters related to Shariah Compliance
• Prepare and update MIS (tracking sheets for individual customers)
• Maintain, review and update files of process flows, product manuals, Shariah board notifications / rulings and Shariah approvals
• Timely inform Relationship Manager and Shariah Compliance Department regarding any modification / deviation observed in a customer’s business cycle. Incorporate the same in related documents
• Ensure compliance of Shariah-guidelines issued from time to time
• Obtain and maintain Shariah approvals in case of any deviation in process flows
• Facilitate customers in preparation of required transactional documents
• Support Business Unit in disbursement / settlement process
• Prepare Models (Running Musharakah, Istisna, Tijarah & Salam Financing) in consultation with Relationship Managers. Then get the same endorsed by Islamic Banking / Shariah Compliance Department and get it reviewed by Risk Management Function 
• Timely perform customer visits for physical inspection / verification of goods etc. as required
• Provide required documents to Shariah department for annual / interim reviews
• Facilitate Shariah Audit Reviews & resolve discrepancies / observations

Eligibility Criteria:

• Bachelor’s degree in any discipline, preferably, masters / MBA from a reputed institution
• Fresh graduate with Islamic Banking & Finance Certification / Course, or
• 1-2 years Shariah Compliance-related work experience
• Knowledge of Shariah Compliant Financial Products will be a plus
• Good interpersonal & communication skills
• Good at Microsoft Office

Faysal Bank is an equal opportunity employer. Females and/or candidates who are differently-abled are encouraged to apply.

Required Skills

Knowledge Of Banking Products, MS Office, Coordination Skills,