Manager Sharia Product & Research

Mobilink Bank

Posted 12 hours ago 114 views Report Job

PKR. 300,000 - 450,000/Month

Department: Islamic Microfinance Division

Reports To: Head Islamic Microfinance Division

Job Grade: VP

Total Positions: 01

Job Location: Head Office, Islamabad

What is Manager Sharia Product & Research - MMBL?

The Manager of Sharia Product & Research will be responsible for creating, overseeing, and expanding Islamic banking products and services designed to meet the specific needs of customers, including individuals, SMEs, and the digital Islamic banking sector.

What Manager Sharia Product & Research - MMBL Does?

Develop new products and product manuals, follow management guidance, and oversee the entire process from idea generation to product launch.
Price monitoring of competitors and update to Head IMD for timely updates bank advances product rate changes and service charge changes.
Market intelligence of competitor’s sharia-compliant product offerings i.e. deposit/ financing on a monthly basis with an update to Head IMD.
Monthly product performance review and input to Head IMD with analysis for necessary actions.
Day-to-day coordination with the Area Office to ensure area-level product controls.
Establish strategic partnerships with corporates, technology providers, and development sector organizations to create holistic Islamic financial solutions.
Portfolio quality monitoring and historical data management to assist the Head IMD in analysis and management reporting.
Product document review on a quarterly basis in support of SCD and assist in documentation upgradation process.
Design and deliver training programs to enhance the understanding of Islamic banking principles and products among employees.
Coordination with Shariah compliance dept. to ensure compliance of business and product-specific audit objections.
Quarterly review of vendor arrangement with area procurement officers and quality assurance.
Any other function assigned by Head IMD.

What are we looking for and what does it require to be Manager Sharia Product & Research - MMBL?

Experience:

A minimum of 3–5 years of experience in Islamic Banking, with a preference for roles in Shariah compliance, product development, and market research & development.
Relevant experience in the Islamic banking sector is considered an added advantage.

Education:

A degree in business administration, economics, law, or finance.
A certification or diploma in Islamic Banking or Shariah.
Certifications such as CSAA (Certified Shariah Adviser and Auditor) by AAOIFI or equivalent Shariah-compliance-related credentials are highly desirable.

Technical Proficiency:

In-depth understanding of Islamic banking operations, Shariah standards (e.g., AAOIFI, IFSB), and relevant regulatory requirements.
Familiarity with Shariah product issues and solutions in Islamic banking.

Soft Skills:

Strong analytical, research, and problem-solving skills.
Effective communication skills, with the ability to clearly articulate Shariah product issues and solutions.
Strong report-writing abilities for documenting Shariah-related product development issues.
Ability to liaise effectively with Shariah boards, management, and regulators concerning product development.

Skills

Problem Solving Skills Communication Skills Management Skills

Job Details

Industry:

Banking/Financial Services

Functional Area:

Sales & Business Development

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Department:

Business Banking

Job Location:

Islamabad, Pakistan

Gender:

No Preference

Minimum Education:

Bachelors

Career Level:

Experienced Professional

Experience:

3 Years - 5 Years

Apply Before:

Feb 14, 2025

Posting Date:

Jan 14, 2025

Mobilink Bank

Banking/Financial Services · 1001-1500 employees - Islamabad

Mobilink Bank is providing banking services to over 42 million registered users including 16+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 100 branches and 200,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion. MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.