Manager - ISSC Secretariat & Research (UAE National Only)
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Key skills for this role
About the Role
Mashreq Corporate & Investment Banking Group seeks a Manager for the Internal Shariah Supervisory Committee (ISSC) Secretariat & Research. The role involves managing ISSC meetings, communications, tracking guidelines, and conducting Shari'ah research.
Key Skills for This Role
Responsibilities
- Ensure meeting agenda is comprehensive and all items required are captured
- Formalize meeting minutes based on notes of Division Head
- Develop and maintain ISSC Secretariat manual
- Custody of fatwas, ISSC minutes of meetings with annexures, ensuring availability within half day TAT
- Develop initial draft of ISSC’s Annual Shari’ah Report
- Coordinate logistics for Internal Shari’ah Supervision Committee meetings
- Coordinate with stakeholders for finalization of agenda and support documents
- Assist Division Head in communication with Internal Shari’ah Supervision Committee
- Ensure necessary items are available and up to date on Mashreq Al Islami website
- Circulate Executive Member approvals to ISSC on monthly basis
- Coordinate for Internal Shari’ah Supervision Committee payments in timely fashion
- Track appropriate and timely communication of guidelines/resolutions issued by ISSC
Requirements
- 5 7 years plus experience in an Islamic Bank, specially in Shariah Department
- Arabic proficiency is a must; ability to write formal Arabic
- At least a bachelor's degree/professional qualification in business/banking
- Significant exposure to Shari’ah principles via studies, courses or extensive on the job learning
- Extraordinary attention to detail
- Strong communication and drafting skills
- Command on MS Office
Full Job Posting
Role Overview
- Manage the vertical for Internal Shariah Supervisory Committee (ISSC) Secretariat & Research within the Division as envisioned in the CBUAE regulation.
- Entails management of the ISSC meetings, communications tracking of the ISSC guidelines.
- Conducting research as required by the ISSC and Division Head/ISSC Secretary.
Internal Shari’ah Supervision Committee Secretariat
- Ensure that the meeting agenda is comprehensive, and all items required to be presented to the ISSC are duly captured.
- Formalize meeting minutes based on the notes of the Division Head.
- Develop and maintain ISSC Secretariat manual.
- Documentation Custody of fatwas, ISSC minutes of meetings (along with necessary annexures) in a systematic and organized manner, ensuring availability of any document at a ½ day TAT.
- Ensure availability of the documents on cloud.
- Develop the initial draft of the ISSC’s Annual Shari’ah Report.
- Coordinate for the logistics of the Internal Shari’ah Supervision Committee meetings.
- Coordinate with the stakeholders for finalization of the agenda along with support documents.
- Assist the Division Head in communication with the Internal Shari’ah Supervision Committee.
- Ensure, along with the website team, that all necessary items such as ISSC Fatwas, ISSC profile, etc. are available and are up to date on the Mashreq Al Islami website.
- Circulate Executive Member approvals to the ISSC on a monthly basis.
- Coordinate for the Internal Shari’ah Supervision Committee payments in a timely fashion.
Shari’ah Research
- Conduct research on topics advised by the ISSC or the Division head and generate research articles/ reports.
- Conducting research for Shari'ah and procedural related issues requested by ISSC.
- Contributing case studies/ articles/ perspectives on topics related to Islamic Banking and Finance.
- Contributing, with other relevant sections in the Bank, to the development of products and formulation of policies, procedures, contracts, and other areas of development in the Bank.
- Contribute research material to other functions across the Bank to enhance their working/ performance as required.
- Develop and maintain the Shari’ah Research manual.
Requirements
- 5 – 7 years plus experience in an Islamic Bank specially in Shariah Department.
- Arabic proficiency is a must. The ability to write formal Arabic is a must.
- Should hold at least a bachelor’s degree/professional qualification in business/banking.
- Should have significant exposure to Shari’ah principles via studies, courses or extensive on the job learning.
- Extraordinary attention to detail is required.
- Strong communication and drafting skills, as bank wide interaction on technical issues are required.
- Command on MS office.
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