Posted Oct 18, 2020 118 views
Division/Department: Shariah Compliance Department - Islamic Banking Division
Grade Range: AVP-1 to VP
Department/ Region: Shariah Compliance Department – Islamic Banking Division
Group/Div: IBD
Job Summary:
To provide the necessary support to Head Shariah Compliance Department in functions as per Shariah Governance Framework and Shariah Board decisions.
Major Duties & Responsibilities to perform the Role (Bulleted):
- To provide the necessary support to the IBD product development, business units and branches and its head office departments in their day to day Shariah related issues/ quarries under guidance, advice and supervision of the Head SCD.
- To execute and implement the enforcement actions under supervision of Head SCD as prescribed by the RSBM/ SB on the reports of internal Shariah audit, external Shariah audit and extract of SBP’s inspection reports, follow-ups with the management and for keeping a record of all the unresolved issues.
- To support Head SCD while developing/updating the Shariah Compliance manual and checklists.
- To conduct the Shariah internal control review of business units, branch and Head Office departments to ensure the compliance of IBD operations with rules and principles of Shariah, SBP instructions, and SB guidelines as an ongoing basis under the supervision of Head SCD.
- To support Head SCD while delivering Shariah Training along with training material in collaboration with the Training Unit of IBD as per training program approved by SB.
- Any other responsibility is given by Head SCD/ RSBM.
Experience: 03 to 05 Years of banking experience
Qualification: Bachelors
Other Qualification: Certification/PGD/NIBAF Courses in Islamic Banking
Job Details
The Bank of Punjab (BOP)
The Bank of Punjab was established in 1989 under The Bank of Punjab Act, 1989 passed by Provincial Assembly of the Punjab, as a non-scheduled Commercial Bank with majority shareholding of Government of the Punjab. The Bank earned the status of a scheduled Commercial Bank in 1994 and currently carries a vast network of over 620 online branches, strategically located across the Country along with an ATM network of over 550 offering 24/7 banking services to its diverse clientele of over 2 million. Since its inception, the BOP has seen many ups and downs and has also successfully weathered the waves of economic volatility, recessions and stiff market competition over the years. Current strong network base coupled with solid capital structure and phenomenal financial results posted during last few years has transformed the Bank to one of a leading financial institution of the Country. Now, the Bank standouts among peer group as a robust and rapidly growing commercial Bank. Besides offering a range of products and services to meet the modern days’ banking requirements of its clients, the Bank has also established its footprint in the areas of consumer financing, agriculture credit, corporate & investment banking, cash management and alternative delivery channels. While achieving the objective of financial inclusion through its presence in remote and unbanked areas of the Country with HarFardKaKhayal the Bank is playing its due role in the economic growth of the Country through its various specially tailored and designed products and services.
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