We are re-initiating the requirement of Product Manager Islamic Corporates in the Islamic Corporate Banking business.
This is an individual contributor role reporting to the Head Islamic Corporates. Corporate Islamic Banking product development experience is mandatory.We are open to any geography and nationality as long as they suit the requirements specified.
Job Title Manager Corporate Products
Department Islamic Banking Group
Reporting to Head Corporate Banking
Main Role (Overall accountability):
Responsible for development and management of Islamic Banking products and services for Corporate
Banking segment within the framework and regulations of Sharia & Central Bank of Oman.
Principal Account abilities:
? Develop and manage Corporate Banking products (Asset & Liability) based on shariah compliant contracts.
? Coordinate with internal sharia reviewer, Sharia Board of the bank, internal approving authorities, and Central Bank of Oman for Sharia certification of products structure and procedures.
? Obtain regulatory approval for the Islamic products from the central bank of Oman.
? Prepare the business and marketing plan for each product and monitor/follow up business targets
to the marketing units/Relationship Managers.
? Liaise and follow up with other departments such as Finance, Risk, IT, Operations and Compliance to get the products approved and implemented.
? Assist Head of Corporate Banking in evaluating the needs of the various business segments for Islamic products in order to capitalist on market opportunities and adjust marketing strategies to reflect changing conditions.
? Redevelop or re-engineer existing Islamic corporate products and services based on the assessed needs of the market.
? Support and train the departments Relationship Managers in identifying and resolving Islamic Banking related issues with their customers.
? Develop and/or review Sharia compliant operational policies and procedures guidelines.
? Ensure compliance of the Islamic Banking products in coordination with Sharia audit department.
? Support the departments Account Relationship Managers in resolving various ongoing issues related to operations of accounts.
? Conduct regular training sessions for Relationship Mangers on related topics and products of Islamic Banking.
? Review and recommend Sharia compliant operational policies and procedures and various legal agreements.
? Ensure compliance of the Islamic Banking products and coordinate between the department and the Banks Sharia Reviewer/Board.
? Coordination with IT department for new developments/up gradation of core banking system for existing as well as new corporate banking products.
? MBA (Preference will be accorded to professionally qualified candidates).
? Certification or PGD in Islamic Banking.
? Should have at least 8 years experience in product development or management, out of which at least 5 years in Islamic Banking product development.
? Must have thorough knowledge of Islamic Banking products and the underlying Islamic law of contracts.
? Good communication and presentation skills.
? Self Starter
Interested candidates send your updated cv to gccopeningspatronusconsultants.com