The Role
Shariah Auditor / Shari\xe2\x80\x99ah Auditor \xe2\x80\x93 Permanent \xe2\x80\x93 Dubai Leading banking client in the market are now hiring for their growing team This is a fantastic time to join a business who are growing and expanding within UAE You will lead and assist in Internal Shari\xe2\x80\x99ah Audit of Islamic banking business units, departments, functions and transactions. Contribute to the delivery of the Annual Audit Plan through active participation in the execution of risk based Shari\xe2\x80\x99ah audits and performing ongoing business monitoring and Shari\xe2\x80\x99ah non-compliance risk assessments of assigned business areas. Role: Shariah Auditor / Shari\xe2\x80\x99ah Auditor Location: Dubai Duration: Permanent Salary: 15,000 AED \xe2\x80\x93 17,000 AED Per Month Dependent on experience Key Responsibilities \xe2\x80\xa2 Accomplish Internal Shari\xe2\x80\x99ah Audit objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of Shariah Control, review, and governance process of the Islamic banking operations, products and services in order to adequately control the inherent risks of Shari\xe2\x80\x99ah non-compliance and assess the remedy measurements for the Residual risks of Shari\xe2\x80\x99ah non-compliance. \xe2\x80\xa2 Assist Head of Shari\xe2\x80\x99ah Audit in the annual Shari\xe2\x80\x99ah audit planning process by performing effective risk assessments to identify high risk auditable entities for inclusion in the annual Shari\xe2\x80\x99ah audit plan. \xe2\x80\xa2 Perform Shari\xe2\x80\x99ah audits of allocated business and risk areas using advanced auditing techniques and data analytics. \xe2\x80\xa2 Plan Shari\xe2\x80\x99ah audit engagements and prepare documents including Shari\xe2\x80\x99ah Audit Planning Memo, Terms of Reference (TOR) and Risk assessment of the auditable entity for approval by Senior Management. \xe2\x80\xa2 Conduct detailed walk-throughs with auditees for areas assigned and identify process/design gaps, deviation to documented process etc. \xe2\x80\xa2 Actively engage in scoping meetings, conduct detailed walk-throughs of areas assigned and identify process / design gaps, deviation to documented process etc. \xe2\x80\xa2 Research and assess how well Shari\xe2\x80\x99ah governance process are functioning and record the results accordingly. \xe2\x80\xa2 Perform / complete high quality, well-documented Shari\xe2\x80\x99ah audit fieldwork in accordance with Internal Shari\xe2\x80\x99ah Audit methodology within strict timelines. \xe2\x80\xa2 Formulate Shari\xe2\x80\x99ah audit exception findings and audit recommendations for review by Head of Shari\xe2\x80\x99ah Audit. \xe2\x80\xa2 Detect, analyze, evaluate relevant documentation, track errors in data provided, streamline Shari\xe2\x80\x99ah non-compliance risk assessment, and search for potential loopholes and vulnerabilities to arrive at reasonable conclusions. \xe2\x80\xa2 Test the operation, challenge the design of existing controls and perform inquiries as needed to resolve the vulnerabilities. \xe2\x80\xa2 Anticipate emerging issues through research and interviews, identify root cause and develop recommendations to address them. \xe2\x80\xa2 Ensure to deliver quality, timely and well-documented Shari\xe2\x80\x99ah audit fieldwork in TeamMate in accordance with Internal Shari\xe2\x80\x99ah Audit methodology and IIA standards within strict timelines, including feedback/review comments. \xe2\x80\xa2 Prepare, review Shari\xe2\x80\x99ah audit reports to confirm adequacy of Shari\xe2\x80\x99ah audit coverage, quality of work papers and alignment with the Terms of Reference, AAOIFI Shari\xe2\x80\x99ah Standards & Financial Standards, ISSC, HSA-CBUAE and overall Shari\xe2\x80\x99ah principles of Islamic banking and finance. \xe2\x80\xa2 Actively engage with stakeholders to understand changes to the business, perform periodic risk assessment, identify Shari\xe2\x80\x99ah audit opportunities, recommend changes to the annual Shari\xe2\x80\x99ah audit plan, define appropriate Shari\xe2\x80\x99ah audit scopes, and execute Shari\xe2\x80\x99ah audit delivery \xe2\x80\xa2 Discuss and agree audit findings, recommendations and action plan with auditees. \xe2\x80\xa2 Assist in the execution of continuous monitoring, recommendation follow-up and validation of Internal Shari\xe2\x80\x99ah Audit and Regulator identified issues remediation \xe2\x80\xa2 Proactively engage with stakeholders to challenge and question existing processes and procedures with a view to developing the business through process improvements \xe2\x80\xa2 Follow up with Auditees to ensure timely /satisfactory closure of all open findings on Team Mate and Team Central. \xe2\x80\xa2 Develop the ability to identify emerging inherent Shari\xe2\x80\x99ah non-compliance risks and issues and stratify / prioritize them to determine Shari\xe2\x80\x99ah audit methods and remedies to be adopted efficiently. \xe2\x80\xa2 Develop and enhance knowledge of potential risks of Shari\xe2\x80\x99ah non-compliance, industry specific knowledge appropriate to the Shari\xe2\x80\x99ah audit engagements and to the organization to retain credibility with all stakeholders.

Requirements
Do your skill sets meet the requirements for this role? Interested? Please apply now online. N.B- Only shortlisted candidates will be contacted for this role

About the company
eMagine Solutions is one of the leading authorities on leadership and talent globally. Our combined resources of over 100 years professional experience mean that our clients trust us with finding them the top talent globally and candidates trust us to find them the right opportunity in a timely and confidential manner. Throughout our offices we provide complete solutions for our clients, including traditional temporary and permanent recruitment, executive search, recruitment process outsourcing (RPO), salary survey\'s, market mapping and training and development courses. Our global client list work with us not only because of our expertise but also because of our honesty, integrity and passion.