Job Description

We are hiring an Assistant Manager Digital & Data Analytics for our client in Dubai to ensure their digital banking channels comply with Sharia principles. You will use advanced data analytics to assess, monitor, and mitigate Sharia non-compliance risks while supporting continuous Sharia auditing.
Key Responsibilities:

• Review Digital Journeys: Conduct end-to-end reviews of digital processes (acquisition, onboarding, fulfillment) to ensure Sharia compliance at every stage.
• Assess System Controls: Evaluate the effectiveness of controls in mitigating Sharia non-compliance risks across digital banking channels.
• Review Digital Features: Ensure that digital banking features are designed and implemented in alignment with Sharia rules and principles.
• Data Analytics & Risk Identification: Use data warehousing tools (e.g., Hadoop) to extract, process, and analyze data for Sharia audit activities. Translate potential Sharia risks into actionable scenarios for SQL queries.
• Collaborate with Auditors: Work with Sharia auditors to integrate key Sharia risks into data analytics and refine SQL queries for continuous auditing.
• Control & Risk Evaluation: Assess and enhance the adequacy of risk mitigation strategies in data-driven processes to manage Sharia non-compliance risks.
• Develop Training & Methodologies: Support training development for auditors on leveraging data analytics tools and help integrate digital channel assessments into Sharia audit methodologies.
• Regulatory Knowledge: Stay updated on digital banking trends and regulatory requirements related to Sharia and Islamic finance to ensure alignment with best practices.
• Document Findings: Provide detailed documentation of audit findings, risks, and gaps for discussion with the engagement AIC.