Head of Internal Shariah Audit (Emirati Talent)

United Arab Bank; Sharjah; Presencial; AED 650.000 - 900.000; Jornada completa

Descripción de la vacante

United Arab Bank seeks a Head of Internal Shari’ah Audit Division to lead Shariah audits and monitor the bank’s adherence to Islamic Shari’ah. The role focuses on annual planning, evidence collection, and ensuring internal procedures and governance frameworks are kept up to standard.

The position requires 10+ years in Shariah audit and Islamic Banking, with professional qualifications and strong leadership to report findings to senior management and the ISSC.

Formación

• University degree in Islamic Shariah or related field.
• AAOIFI or CIBAFI Shariah audit qualification is required.
• Professional auditing qualification from an international body is required.

Responsabilidades

• Lead and oversee Shariah audits to assess controls, processes and effectiveness.
• Plan reviews, define terms of reference and manage timelines with senior management visibility.
• Judge materiality and risk, provide ISAD opinions to senior management.
• Present audit findings and corrective actions to stakeholders and ISSC.
• Maintain audit universe for Internal Sharia/Islamic Banking areas and drive governance improvements.
• Lead staff development and performance within the division.

Conocimientos

Shariah audit leadership

Stakeholder management

Audit planning

Risk assessment

People management

Board/Committee reporting

Educación

University degree in Shariah

AAOIFI/CIBAFI qualification

International auditing qualification

Descripción del empleo

The Head of Internal Shari’ah Audit Division ensures that the function undertakes Shari'ah audit and monitors UAB’s compliance with Islamic Shari'ah. This is conducted through an annual plan to collect and assess evidence of UAB’s activities and transactions to ensure their compliance with Islamic Shari'ah and ensure the adequacy of internal procedures and Shari'ah governance frameworks.

Principal Accountabilities:

• Lead and oversee Shariah audits across the Bank, in order to assess the adequacy and effectiveness of controls, systems, processes and procedures, highlighting areas of concern.
• Plan and organize reviews and agree terms of reference to ensure Shariah audits are carried out effectively, within the allocated timelines, keeping senior management informed of progress and findings.
• Reliably able to exercise judgement over the materiality of issues and ratings of Shariah audits.
• Exercising judgement over management's risk awareness and delivering ISAD's opinion to senior management.
• Present Shariah Audit reports to stakeholders on the Shariah audit findings raised in reviews, together with corrective action plans.
• Review proposed actions from Senior Management and present these to the ISSC for review, discussion and finalization.
• Oversee the finalized actions taken so that outstanding issues identified during reviews are followed up and resolved to ensure that risks are effectively managed in accordance with all relevant policies and regulations.
• Lead and present results to Senior Management on ad-hoc requests for special Shariah audits or investigations.

Stakeholder Management:

• Build, manage and maintain effective senior stakeholder relationships in order to ensure service levels are in line with agreed business plans.
• As appropriate, pro-actively liaise with stakeholders and team members in order to discuss current and future issues; feed risks identified into the planning process and provide advice and guidance as required, whilst promoting best practice.
• Assess compliance with the Bank's policies and procedures and guidelines together with relevant regulatory and statutory requirements where appropriate implementing actions to protect the Bank's business at all times.

Other Management Responsibilities:

• Frequent attendance at, and presentation to, the ISSC.
• Attendance at, and presentation to, Board Audit Committee.
• Recommend and manage changes to policies, systems, processes and working practices in order to achieve operational improvements.
• Lead, manage, motivate, develop and appraise staff so that their individual and collective performance is of the required standard and meets the current and future needs of the business.
• Fully accountable for maintaining the Audit Universe for Internal Sharia/ Islamic Banking areas.

Job Requirements: (Qualification/Experience):

• University degree in Islamic Shariah, or relevant specialization
• Professional qualification relevant to Shariah audit from AAOIFI or CIBAFI
• Professional qualification in auditing from an international organization
• 10+ years' experience in the field of Shariah audit
• 10+ years' experience in Shariah and Islamic Banking, ideally audit related