Assistant Manager - Islamic Assets, Islamic Banking

To Manage and develop retail assets Products. It is a critical Business development role in overseeing product development within the approval of Shari’ah and credit for achieving increased growth & top-line profitability by managing a robust portfolio of high yielding retail assets.

Accountabilities:

•Manage and develop all kind of Retail Asset Finance Products which includes Auto Finance, Home Finance, Personal Finance and Amal Business Finance, advance against salary.

•Take care of all product issues, documentation and development

•Assist in Preparing procedures for all new developers

•Supervise and Manage all system development, enhancement and UAT pertaining to Asset Finances.

•Prepare and supervise all UAT test scripts and testing for fixes provided for system issues

•Manage to apply and test all system enhancements

•Support the Manager of retail assets and team in all other issues

•Assists all team projects to enhance the work

•Assist Training team in Providing training about Islamic Assets Finance to supporting departments ( PB Credit, IOPs, Sales, etc.)

•Coordinate with Shari’ah Supervisory Board for product and marketing related activity

•Prepare business strategy, business plans, budgets, prepare and finalize the budget for next year and compare the results with the budget

•Coordinate structuring of legal documentation with law firm and Shari’ah Supervisory Board

•Design and analyze risk management mechanisms

•Interface with the Collections Unit for delinquent cases, foreclosures and / or pre-payments

•Recommend / approve proposals as per the delegation of authority.

•Recommend changes to policy / process based on local nuances / competitor feedback.

•Maintain a pipeline for growth and monitor attrition.

•Review delinquent portfolio, ageing of receivable and document learning.

•Manage Credit Cycle for Asset Products which includes product planning, preparation of product program, consumer risk, Credit Scoring, initiation and collection

Qualification :

Higher Diploma (UAE National)/ University Degree or Equivalent in Business/ Management/ Economics (Expat)

Experience :

Minimum 4 to 5 years of experience in Islamic Bank/Division.