Head Of Shari’ah, Head Office, Nairobi

Job Description

About the Company

Premier Bank is a privately owned Sharia-compliant commercial bank incorporated in Kenya on 20th April, 2023 through the acquisition of the majority shares in First Community Bank. It was approved by the Central Bank of Kenya on 18th May, 2023 to trade as Premier Bank Kenya!

At a glance we are a bank that leverages cutting-edge technology to empower customers, Business and revolutionize their banking experiences. With a focus on customer-centricity, we are not just about offering another banking option; it’s about delivering a transformative end to end banking experience. New beginnings is to walk with you throughout your banking journey!

Job Summary

Responsible for ensuring that all transactions conducted by the Bank are in accordance with Shariah Principles. Undertake close co-ordination with the Shariah Supervisory Board (SSB) to ensure that the Bank’s operations are Shariah Compliant.

Key Duties and Responsibilities

• To assume the position of Head of the Shariah Audit Department of the Bank and to plan, organize and supervise the work of the division.
• To act as secretary of the SSB and to assist in Shari’ah Board Meeting preparations and communication with the Shariah Board.
• Preparing quarterly Shariah audit status reports and submission of the same to the Shariah Supervisory Board and to the Board of Directors of the Bank.
• Ensuring that all bank branches, departments and affiliates are committed to the implementation of the Shariah decisions in accordance with the forms, contracts, agreements and procedures approved by the SSB.
• Developing internal Shariah control systems to determine whether Shariah audit systems are adequate and in accordance with overall Bank policies and procedures.
• Preparation and implementation of the annual expense budget of the Shariah Audit Unit.
• Providing Shariah consultation to Board of Directors, senior management, various departments and branches of the Bank.
• Offering training courses in Islamic banking for the bank’s staff.
• Develop policies, guidelines and manuals for Shariah Department
• All other assignments that may be deemed appropriate, to be undertaken by you for the interests of the bank.

Educational Qualifications, Skills, and Experience Required

• Hold a bachelor’s degree in Shariah Law. Master’s degree an added advantage.
• Banking related qualifications a plus.
• Professional qualifications such as CSAA
• Have a minimum of Five (5) years relevant work experience in a similar position with proven result-oriented track record.
• Have strong customer service orientation/experience.
• Experience in Shariah Compliant Banking or a Financial institution is an added advantage.
• Understand the Banking Act, Central Bank Regulations, general laws relating to Banking.
• Understand and implement processes and procedures
• Have a high sense of diplomacy, accuracy and attention for detail.
• Passion for championing & offering excellent customer service.
• Ability to make sound decisions for the business in line with Shariah requirements
• Have good PR/interpersonal skills, have outstanding communication and reporting skills, problem analysis and listening ability.
• Personality: A go-getter, enthusiastic, results oriented with excellent communication and social skills. A forward planner with clear focus, mature, reliable, hardworking and able to work without supervision.
• Sound knowledge of the Shariah Law (in-depth), Bank’s products and services; CBK Prudential Guidelines.
• Honest and with high integrity.
• Leadership & Management ability: Responsibility and ability to grow, support and develop talent within the Shariah Team.
• Computer skills: Must be adept in use of Ms Word, Excel, Access, Power-point, Internet and email.

Application Procedure

If you are up to the challenge, possess the necessary qualification and experience, please send you CV only quoting the job title on the email subject to [email protected] before 30^th April 2025.