Islamic Banking Operations- Officer to Senior Principal Officer

Job Description

Title: Islamic Banking Operations- Officer to Senior Principal Officer

Company Name: A reputed Private Commercial Bank

Vacancy: --

Age: at most 50 years

Location: Anywhere in Bangladesh

Minimum Salary: Negotiable

Experience:
∎ At least 3 years

Published: 25 May 2025

Education:
∎ Masters, Bachelor/Honors
∎ Master’s or 4-year Bachelor’s degree in Business Administration, Finance, Accounting, Islamic Studies, Economics, or any relevant discipline with no third division in academic records
∎ Diploma/Certification in Islamic Banking will be considered as an added advantage.
∎ Master’s or 4-year Bachelor’s degree in Business Administration, Finance, Accounting, Islamic Studies, Economics, or any relevant discipline with no third division in academic records
∎ Diploma/Certification in Islamic Banking will be considered as an added advantage.

Requirements:

Additional Requirements:
∎ Age at most 50 years
∎ Experience Requirements:
∎ Minimum 3 (Three) years of working experience in Islamic Bank’s/Conventional Bank’s Islamic Window or Branch as a permanent employee with good experience of working at branch/head office.
∎ Additional Job Requirements:
∎ Candidates are expected to independently handle Investment/Foreign Trade/General Banking department.
∎ Islamic Banking Professional Degree and Certificates will be given preference.
∎ Proficiency both in Bengali and English.
∎ Sound knowledge in MS-Office, MS-Excel and Power Point Presentation.
∎ Age Limit: Age limit is maximum 50 (Fifty) years as on June 10, 2025
∎ Experience Requirements:
∎ Minimum 3 (Three) years of working experience in Islamic Bank’s/Conventional Bank’s Islamic Window or Branch as a permanent employee with good experience of working at branch/head office.
∎ Additional Job Requirements:
∎ Candidates are expected to independently handle Investment/Foreign Trade/General Banking department.
∎ Islamic Banking Professional Degree and Certificates will be given preference.
∎ Proficiency both in Bengali and English.
∎ Sound knowledge in MS-Office, MS-Excel and Power Point Presentation.
∎ Age Limit: Age limit is maximum 50 (Fifty) years as on June 10, 2025

Responsibilities & Context:
∎ Create new business opportunities for the bank ensuring a profitable portfolio for the bank
∎ Perform day-to-day operations in General Banking, Investment and Trade Services under Islamic Banking guidelines.
∎ Ensure compliance with Islamic Shari’ah principles and Bangladesh Bank regulations in all banking activities.
∎ Process and manage Islamic banking deposit products such as Mudarabah Savings, Mudarabah Term Deposits etc.
∎ Handle financing products like Bai-Murabaha, Ijara, Bai-Muajjal and Musharaka with proper documentation and risk assessment.
∎ Maintain strong customer service by providing Islamic banking solutions tailored to clients' needs.
∎ Liaise with the Shari’ah Supervisory Committee and ensure implementation of their guidance in daily operations.
∎ Monitor and report operational risks, suspicious transactions and ensure internal control measures.
∎ Co-ordinate with other departments including Core Banking, Trade, SME, and Treasury for smooth functioning of Islamic Banking Window.
∎ Develop strong working relations with all existing clients to ensure strong customer satisfaction.
∎ Job Grade: Officer to Senior Principal Officer
∎ Key Job Responsibilities:
∎ Create new business opportunities for the bank ensuring a profitable portfolio for the bank
∎ Perform day-to-day operations in General Banking, Investment and Trade Services under Islamic Banking guidelines.
∎ Ensure compliance with Islamic Shari’ah principles and Bangladesh Bank regulations in all banking activities.
∎ Process and manage Islamic banking deposit products such as Mudarabah Savings, Mudarabah Term Deposits etc.
∎ Handle financing products like Bai-Murabaha, Ijara, Bai-Muajjal and Musharaka with proper documentation and risk assessment.
∎ Maintain strong customer service by providing Islamic banking solutions tailored to clients' needs.
∎ Liaise with the Shari’ah Supervisory Committee and ensure implementation of their guidance in daily operations.
∎ Monitor and report operational risks, suspicious transactions and ensure internal control measures.
∎ Co-ordinate with other departments including Core Banking, Trade, SME, and Treasury for smooth functioning of Islamic Banking Window.
∎ Develop strong working relations with all existing clients to ensure strong customer satisfaction.

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

Selection Procedures:

Only short listed candidates will be called for Interview.

Persons who have no Islamic banking experience need not to apply.

No direct Application will be accepted.

Rank is negotiable depending on experience and expertise.

No TA/DA will be allowed for appearing in the Interview.

All correspondences will be made through e-Mail/SMS.

Both Male & Female candidate may apply.

The Authority reserves the right to accept/reject any application without assigning any reason.

Application Procedure: Interested candidates are requested to apply by June 10, 2025. No hard copy of application will be accepted.