At a Glance
- Tasks: Lead Shariah audits and ensure compliance across diverse areas in a leading Islamic bank.
- Company: Join a top Islamic bank committed to Shariah integrity and excellence.
- Benefits: Flexible working hours, professional development, and the chance to influence key projects.
- Other info: Opportunity for both full-time and part-time roles available.
- Why this job: Make a real impact on Shariah compliance and work with senior executives.
- Qualifications: Experience in audit within financial services, especially Islamic banking, is essential.
The predicted salary is between 60000 - 80000 £ per year.
Join a leading Islamic bank and play a pivotal role in safeguarding Shariah integrity across the entire business. As Shariah Audit Manager, you will lead comprehensive audits under the approved Shariah Audit Plan and special projects assigned by the Head of Shariah Compliance and the Shariah Supervisory Board. Your work will provide critical assurance that KFH PLC effectively manages material Shariah compliance risks while upholding its values.
Key Responsibilities
- End-to-End Audit Management: Plan, execute, and report on Shariah audits across diverse areas—financing, treasury, IT security, HR, governance, and climate risk—ensuring delivery within agreed timelines and budgets.
- Scope & Standards: Conduct audits in line with AAOIFI standards and the Bank’s Shariah Audit Policy, including risk identification, process documentation, sampling, and testing.
- Evidence-Based Reporting: Produce robust working papers and concise, insightful Shariah Audit Reports with practical recommendations.
- Strategic Contribution: Support the annual Shariah Audit Plan by identifying regulatory themes, high-risk areas, and emerging priorities such as Consumer Duty and Operational Resilience.
- Executive Reporting: Prepare quarterly and annual reports for senior management and committees.
- Continuous Improvement: Manage follow-up actions and contribute to best practices and quality assurance initiatives.
- Relationship Building: Develop strong professional relationships with auditees and the Shariah Supervisory Board.
- Professional Development: Maintain up-to-date knowledge and CPD on regulatory requirements and audit standards.
What We’re Looking For
- Proven experience in audit, within financial services (Islamic banking experience required).
- Strong understanding of AAOIFI standards and Shariah governance frameworks.
- Excellent analytical, communication, and stakeholder management skills.
- Ability to manage multiple projects and deliver high-quality outputs under tight deadlines.
Why Join Us?
This is a unique opportunity to influence how a leading Islamic bank safeguards integrity across its entire business. You’ll work on high-impact projects, collaborate with senior executives, and contribute to shaping the future of Shariah compliance in the UK. Please note we are open to a conversation around this role being full time OR part time.
Shariah Audit Manager employer: Kuwait Finance House PLC
Contact Detail:
Kuwait Finance House PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Shariah Audit Manager
✨Tip Number 1
Network like a pro! Reach out to professionals in the Islamic banking sector, especially those involved in Shariah compliance. Attend industry events or webinars to make connections and learn about potential job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AAOIFI standards and Shariah governance frameworks. We recommend practising common interview questions related to audit management and compliance to showcase your expertise.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Shariah Audit Manager role. We’re always looking for passionate individuals who can contribute to our mission of maintaining Shariah integrity!
We think you need these skills to ace Shariah Audit Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Shariah Audit Manager role. Highlight your experience in audit within financial services, especially in Islamic banking, to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about Shariah compliance and how your background makes you the perfect fit for our team. Keep it concise but impactful.
Showcase Your Analytical Skills: Since this role requires excellent analytical abilities, be sure to include examples of how you've successfully managed audits or projects in the past. We love seeing evidence of your problem-solving skills!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at KFH PLC!
How to prepare for a job interview at Kuwait Finance House PLC
✨Know Your Shariah Standards
Make sure you brush up on AAOIFI standards and the bank’s Shariah Audit Policy. Being able to discuss these in detail will show that you’re not just familiar with them, but that you can apply them practically in your audits.
✨Showcase Your Audit Experience
Prepare specific examples from your previous roles where you successfully managed audits, especially in Islamic banking. Highlight how you identified risks and delivered quality outputs under tight deadlines—this will demonstrate your capability to handle the responsibilities of the role.
✨Build Relationships
Think about how you can develop strong professional relationships with auditees and the Shariah Supervisory Board. Be ready to discuss your approach to stakeholder management and how you’ve fostered collaboration in past projects.
✨Prepare for Strategic Discussions
Be ready to talk about how you can contribute to the annual Shariah Audit Plan. Consider potential regulatory themes and high-risk areas you’ve encountered before, and be prepared to share your insights on emerging priorities like Consumer Duty and Operational Resilience.