AVP- Islamic Products (Emiratised Role)

Join to apply for the AVP- Islamic Products (Emiratised Role) role at First Abu Dhabi Bank (FAB)OverviewThe AVP, Islamic Products is a key member of the Islamic product team and Shariah compliant product proposition of the organization. He supports the Head of Islamic products with the wide array of products and businesses that are under Islamic Product team responsibilities. He should act as the first point of contact for any Islamic product offering by various areas of the bank with a focus GTB and International offering.ResponsibilitiesTake ownership of the overall Islamic GTB product propositionManage a suite of Islamic Banking products that include both Assets, Liabilities as well as Global Market productsDevelop new Islamic products based on thorough competition and market analysis as well as client demand to generate new revenue streams for the bankLiaise with various stakeholders to ensure smooth implementation of Islamic products including but not limited to Shariah control and Legal departmentsActively work with operations and IT on development and testing of any new system functionality related to Islamic banking productsSupport Head of Islamic products with all tasks assigned including ad hoc projects or urgent deliverablesPreparing and reviewing any SOPs or procedures specific to Islamic products offeringAct as the first point of contact for any matter related to Islamic products in the organizationSupport the Islamic product offering in international locations of the bankStay constantly updated on the new standards, regulations, competitor’s progress, market trends and customer needs to ensure that the bank remains a market leader in terms of Islamic product propositionDevelop training material and provide training on various Islamic products across the bankWork on Islamic window MIS and internal presentations in liaison with internal stakeholders such as IT or FinanceJoint visits with business teams to key/sensitive Islamic customers requiring structuring skills and expertiseManaging the profitability and performance of Islamic financial products and services, including monitoring and analysing market trends and customer feedbackTake ownership for any compliance or audit matter related to the Islamic product team and ensure delivery/closure within the agreed deadlinesQualificationsBachelor’s degree in economics, finance, Islamic finance, Shariah or any related field5 years of related experience in Islamic banks or Islamic windowsVery good knowledge of Shariah principles, AAOIFI Shariah standards and CBUAE HSA regulationsVery good understanding of Islamic contracts and documentationIn-depth understanding of Islamic financial products and operational implementation practices and the distinct differences to conventional financeFinancial analysis skills and accounting knowledgeExcellent communication skillsAbility to work under pressure and with tight deadlinesAbility to work effectively with a wide range of internal and external stakeholders#J-18808-Ljbffr