SVP - Head of Islamic Coverage - Wholesale Banking (Emiratized)

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading banking institution in Abu Dhabi seeks an experienced MD Head of Islamic Coverage to lead the Islamic Wholesale banking division. Responsibilities include developing strategies, managing financial performance, and ensuring compliance with Islamic principles. The ideal candidate has a Bachelor's degree in accounting/finance and at least 10 years of banking experience, including 5 years in a managerial role.

Qualifications

• 10 years of relevant experience in the banking sector.
• At least 5 years in managerial roles within Corporate and Investment banking.

Responsibilities

• Develop and implement strategies for the Islamic Wholesale banking division.
• Oversee execution of financial transactions complying with Islamic principles.
• Manage financial performance and lead a team of professionals.

Skills

Financial management

Sharia compliance

Stakeholder engagement

Leadership

Strategic planning

Education

Bachelor's degree in accounting and finance

Job description

KEY ACCOUNTABILITIES:

Generic Accountability:

• Supporting the Business in developing and implementing strategies to grow the Islamic corporate and investment banking division including identifying new business opportunities and expanding the divisions market share.
• Overseeing the execution of financial transactions that comply with Islamic principles including sharia compliant financing investment and risk management techniques.
• Managing the financial performance of the division including targets monitoring progress and taking corrective action as needed.
• Leading and managing a team of professionals jointly with department Head including setting performance goals providing mentorship and support in evaluating employee performance.

Job Specific Accountabilities:

• Building and maintaining relationships with key stakeholders including clients regulators and other financial institutions.
• Ensuring compliance with relevant laws and regulations including those related to Islamic Finance.
• Joint responsibility in achieving the business financial targets.

JOB CONTEXT:

Specific Accountability:

The objective of MD Head of Islamic Coverage Wholesale banking is to lead and manage the Islamic Wholesale banking division of FAB Islamic. This involves developing and implementing strategies for the division overseeing the execution of financial transactions that comply with Islamic principles and managing the financial performance of the division.

Qualifications :

Minimum Qualification

• Bachelors degree in accounting and finance.

Additional Information :

Minimum Experience

10 years relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the Corporate and Investment banking.

Remote Work :

No

Employment Type :

Full-time