Senior Shariah Compliance & Review Officer

Job Description

Senior Shariah Compliance & Review Officer

Place of work- Addis Ababa

DB/ Vacancy-0069/23

Job Summary

• The Senior Shariah Compliance and Review Officer is responsible for monitoring the Bank's interest-free banking operations for Shariah compliance and ensuring that the products and services provided in the Bank are Shariah principles compliant. In addition, the role holder is responsible for reporting findings of Shariah's non-compliance and making appropriate recommendations to the supervisor.

Job Requirement

Academic & Professional Qualification

•  Bachelor’s degree in Accounting, Banking & Finance, Economics, Law, Management, or related discipline from a reputable university.
•  Relevant professional qualification such Certifications in Islamic Finance and Compliance Management (GRCM) is an added advantage.

Experience

• At least four (5) years of relevant experience in a similar function/role

Behavioral Competency

•  Interpersonal and cross-cultural skills, including ability to build collaborative relationships with sensitivity to diversity/inclusion.
•  Creativity and innovation skills.
•  Action oriented.
•  Quality focus and attention to detail.
•  Professionalism and integrity in line with Dashen Bank values.
•  Good oral and written communication skills.
•  Critical and analytical thinking and problem solving skills.
•  Personal motivation and drive exhibited through commitment to hard work, continuous improvement and achievement of goals.
•  Good customer relationship management skills (internal and external customers).
•  Risk awareness and focus - demonstrates understanding of risk management practices, standards and regulatory requirements.

Required Technical Competency

•  Understanding of relevant Shari’ah requirements applicable to Islamic financial business
•  Knowledge of IFB mode of finance/investments and associated risks.
•  Proactive in identifying compliance issues and developing appropriate recommendations                                                                                                                                                                             Consistent follow through in ensuring corrective or mitigation actions are put in place.                        
•  Knowledge of policies, regulations and directives related to Financial Sector.
•  Risk management skills including risk assessment, evaluation, quantification, mitigation and reporting skills