Our client in the banking sector is looking to hire an Omani candidate for the position of Senior Manager Sharia Corporate Auditor. The position would report to the Head of Sharia Auditor. 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.

Responsibilities

• 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.
• 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.
• 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.

Qualifications

• Minimum of 8 years working as a Sharia Audit in a bank. Preferably in Corporate Audit.
• 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.
• Essential (E): Certified Sharia Advisor & Auditor (CSAA) ,CIB by AAOIFI
• Desirable (D): CSAA,CIPA, CIA, CIFR.