Manager - ISSC Secretariat & Research (UAE National Only)

Role Overview

Manager - ISSC Secretariat & Research at Mashreq, UAE. UAE National only.

Company Overview

Mashreq operates an Islamic banking division that reports to and operates under Central Bank of UAE regulation regarding Internal Shariah Supervisory Committee governance.

Role Purpose

Manage the Internal Shariah Supervisory Committee (ISSC) Secretariat and Research function within the Division as envisioned in CBUAE regulation. This role encompasses ISSC meeting administration, guidelines communication tracking, and research delivery as required by the ISSC and Division Head/ISSC Secretary.

Key Responsibilities

Documentation & Minutes

• Ensure that the meeting agenda is comprehensive and all items required to be presented to the ISSC are duly captured in the meeting agenda.
• Formalize meeting minutes based on the notes of the Division Head.
• Develop and maintain ISSC Secretariat manual.
• Maintain custody of fatwas and ISSC minutes of meetings along with necessary annexures in a systematic and organized manner, ensuring availability of any document at a half-day turnaround time.
• Ensure availability of documents on cloud storage.
• Develop the initial draft of the ISSC's Annual Shariah Report.

Communication & Logistics

• Coordinate the logistics of the Internal Shariah Supervision Committee meetings.
• Coordinate with stakeholders for finalization of the agenda along with support documents.
• Assist the Division Head in communication with the Internal Shariah Supervision Committee.
• Ensure, along with the website team, that all necessary items such as ISSC Fatwas and ISSC profile are available and up to date on the Mashreq Al Islami website.
• Circulate Executive Member approvals to the ISSC on a monthly basis.
• Coordinate Internal Shariah Supervision Committee payments in a timely fashion.

Monitoring & Control

• Track using standard format tracker the appropriate and timely communication of guidelines and resolutions issued by the Internal Shariah Supervision Committee.
• Ensure that regulatory requirements for the appointment of the Internal Shariah Supervision Committee are always fulfilled.

Shariah Research

• Conduct research on topics advised by the ISSC or the Division Head and generate research articles and reports.
• Conduct research for Shariah and procedural-related issues requested by the ISSC.
• Contribute case studies, articles, and perspectives on topics related to Islamic Banking and Finance.
• Contribute with other relevant sections in the Bank to the development of products and formulation of policies, procedures, and contracts.
• Contribute to other areas of development in the Bank.
• Contribute research material to other functions across the Bank to enhance their working and performance as required.
• Develop and maintain the Shariah Research manual.

Qualifications & Experience

• 5–7 years plus experience in an Islamic Bank, specifically in the Shariah Department.
• Bachelor's degree or professional qualification in business or banking (minimum).
• Significant exposure to Shariah principles via studies, courses, or extensive on-the-job learning.
• Arabic proficiency is a must; ability to write formal Arabic is a must.

Skills & Competencies

• Extraordinary attention to detail.
• Strong communication and drafting skills with bank-wide interaction on technical issues.
• Proficiency in MS Office.