Banking Sharia Risk Officer

5 days ago


Muscat, Muscat, Oman Bank Nizwa Full time

About the Role

The Banking Sharia Risk Officer will be responsible for reviewing and evaluating IT systems for compliance with Islamic product structures and operational requirements, and ensuring non-compliance risks are mitigated.

Key Responsibilities:

  1. Review and evaluate IT systems for compliance with Islamic product structures and operational requirements.
  2. Ensure non-compliance risks are mitigated by reviewing and updating SOPs, PPDs, and PDMs.
  3. Communicate and resolve Sharia observations.

Requirements:

  • Minimum of 8 years of experience.
  • Strong foundation in Islamic Jurisprudence (Usul al-Fiqh) and Islamic Transaction/Commercial Law (Fiqh al-Muamalat), with the ability to apply these principles effectively in auditing and compliance.


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