Pakistan
An Islamic Finance professional with a diverse experience in Product Development, Shariah Compliance & Audit and Islamic Financial Advisory Services, coupled with a strong academic foundation in the relevant field. Articulate and refined communicator, demonstrating excellent interpersonal skills across all levels. Self-motivated team player with a positive attitude; committed to organizational success.
Major Responsibilities Include: – Conducting Research and Development activities and development of conceptual framework for product innovation. – Planning and designing new product, collaterals or related business initiatives, while ensuring compliance with the company’s policies and regulatory requirements. – Coordinating with the Internal Sharia Supervisory Committee for attainment of necessary approvals on the product structure and documentation. – Preparation of concept papers/ product manuals/ policy and procedure documentation for the development of new and restructuring of existing products. – Coordinating with other financial institutions, vendors, marketing agencies, system developers and other related external partner entities/stakeholders for product development and implementation. – Organizing and coordinating with the relevant departments/stakeholders for successful implementation of the product development process flow. – Administering product pilot test/roll-out and activities. – Providing product briefing, business support and advisory function. – Review of existing products features and documentation for catering to different business needs and ensuring end-to-end assistance for successful execution. – Conducting requisite trainings for company’s staff. - Planning, management, and execution of all marketing initiatives and day-to-day functions of the institution. - Developing the institution and its offerings as a brand and implementing the marketing program that is in alignment with the overall institutional strategic objectives, with customers and identified target segments.
Major Responsibilities Include: Shariah Compliance and Product Development: – Reviewing offerings of the bank with regard to Treasury and Consumer banking, suggesting necessary changes and providing on-going assistance for Sharia Compliant execution. – Reporting irregularities related to Sharia Compliance to the Sharia Advisor & Sharia Board. – Working in close coordination with other depts. for the development of new products. – Developing / Revamping manuals, policies, guidelines, etc., in order to strengthen the internal control structure with regard to Sharia Compliance. – Assisting in the review of Profit Allocation Module for Shariah Compliance. – Founding member of the Islamic Financial Advisory Division in DIB Pakistan, to offer Sharia Advisory Services to potential clientele, in local and international financial markets. – Delivering Islamic Financial Advisory Services such as, sukuk structuring, establishment of Takaful window, establishment of Islamic Micro Finance Bank, etc. – Participating in Sharia Training of bank’s staff. – Organizing Islamic Banking seminars, workshops and managing write-ups, press releases, etc.
Major responsibilities include: Islamic Financial Advisory Services: – Providing Islamic Financial Advisory Services to both local & International clientele of Meezan Bank Ltd (MBL). – Conducting Shariah Audit & Compliance Review of the business operations of existing clientele i.e. largest mutual fund companies nationwide, installment sale companies etc. on yearly basis. – Conducting Shariah screening of scrips and KMI–30 index re-composition exercise on semi-annual basis. – Facilitating clients in the calculation of non-Shariah compliant income through dividend, for further purification. – Shariah vetting & urdu translation of the documents, in coordination with Shariah scholar / Shariah advisor. – Founding member of the knowledge portal (a global online certification) of MBL, under the umbrella of International Institute of Islamic Bankers, for increasing awareness on Islamic Banking & Finance among general public. – Managing internal knowledge portal of MBL, for CPD of MBL employees. – Organizing Shariah training sessions, designing brochures, Islamic financial advisory profile, write-ups for MBL’s magazine and press releases etc. Shariah Audit & Compliance: – Conducting Shariah Audit and Compliance Review of Corporate HUBs and different financing & deposit branches of MBL. – Analyzing the transactions according to process flows, examining the authenticity of documents / supporting evidences, client visits etc. – Liaise with branches and related depts. for the rectification of any Shariah violations observed, educating staff regarding product structures & transaction frameworks. – Issuing Shariah Audit Reports, resolving observations in consultation with Shariah Scholar and Shariah Advisor. – Conducting interviews for evaluating Shariah knowledge of Bank's staff. – Identifying weak areas & suggesting further improvements.