Job Description

Job Summary
Managing the Global Islamic Product function across the Financing and Transaction Banking products. The incumbent is responsible for product development, product management, training, documentation and system requirements for Financing and Transaction Banking Islamic products offered across the group.
Key Responsibilities
Strategy

• Work with Head of Islamic CIB Products to achieve the Global Islamic Banking strategy, aligning to the Group's strategy and the strategy of the relevant businesses and geographies.

Business

• Manage the development and launch of new products in close liaison with business and support functions such as Legal, CFCC, Operations, Risk and IT, etc.
• Responsible for Shariah structuring and approval of the proposed products.
• Relationship building with front and support departments to get a complete understanding of the systems related to product development.
• Participate in activities related to product management with the help of relevant counterparts across various geographic regions.
• Draft product process and procedures and understand the system and processes for a product to ensure that a product launch is smooth and successful.
• Coordination with Shariah on product development and general matters relating to business.
• Maintain Market intelligence on different markets where Islamic products are offered.
• Key participant for global application to ensure successful product sales and delivery of Islamic Products.
• Team player with ability to take initiative and demonstrate assertiveness.
• Extensive awareness of and familiarity with the target market markets for Shariah-compliance products.
• Ability to deal with all levels of people in the project development and launch phase and deliver multiple tasks involved in multiple product development projects.
• Demonstrate good networking skills as he/she will need to develop strong relationships with the relevant product areas and reporting lines within the bank and where appropriate with the target client base.
• Good knowledge of banking processes, IT, and policies to ensure a viable product launch.
• High level awareness of and familiarity with the target market for Shariah-compliant products.

Processes

• Ensure appropriate development of Islamic processes as per the group guidelines
• Direct participation in standardization exercise of DOI's and legal documentation across Saadiq markets

People & Talent

• Lead through example and should try to build the appropriate culture and values. Set appropriate tone and expectations for the team and work in collaboration with risk and control partners.
• To be the part of the team providing the ongoing training and development of people, and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks

Key stakeholders
Work with the stakeholder such as:

• Country business and product teams
• Group Saadiq Governance and Control Forums
• Global and Country Shariah Committees
• Regulators
• Industry Associations
• Legal advisors
• Key suppliers (e.g. Accounting, Auditing, Tax consultants, technology firms).

Other Responsibilities

• Embed here for good and Group's brand and values in business across SCB footprints.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications
Requirements

• Experience in banking and finance across Corporate & Institutional Banking Product areas such as Transaction Banking, Corporate Lending and Financial Markets.
• In-depth Shariah knowledge is the most important pre-requisite for the job. Experience of working with Shariah scholars of a variety of backgrounds and schools of Islamic jurisprudence is a must.
• In addition, the incumbent must be detail oriented and well organized in his/her thoughts and practices.
• The incumbent needs to lead in innovation and out-of-box thinking to ensure SCB Saadiq stays ahead of the game vis-a-vis competitio
• Islmic Banking Product Knowledg
• Trade Product kowledge is crucial

Languages

• English (fluent)
• Arabic (Preferred)

Competencies
Action Oriented
Collaborates
Customer Focus
Gives Clarity & Guidance
Manages Ambiguity
Decision Quality
Strategic Mindset
Technical Competencies: This is a generic competency to evaluate candidate on role-specific technical skills and requirements
Drives Vision & Purpose
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
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Skills Required