City Bank Limited Job Circular 2020

City Bank Limited Job Circular

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The primary responsibility of the role is to carry out effective Shari`ah audits as the team member under the supervision of the Head of Shari`ah Audit at the branches and head office divisions, departments, units, operation, and core risk areas of the bank as per annual audit plan or as per instruction of Head of Shari`ah. Other key responsibilities of the role include – adding value and improving the bank`s operations through his/her objective-oriented activities and consultancies, helping the bank to accomplish objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of Shari`ah risk Management, control, and governance processes.

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Organization: The City Bank Limited
Application Published Date: December 02, 2020
Vacancy: Undefined
Post Name: Assistant Manager/ Manager, Shari’ah Audit, Internal Control & Compliance Division
Gender: Both males and females are allowed to apply
Educational Requirements: 4 years of Graduation/ Masters in any discipline from a reputed university.
Official Website: www.thecitybank.com
Salary:  Not Mention
Job Nature: Contractual
Experience:  N/A
Age: 30 years
Source: bdjobs.com

Gender: Both males and females are allowed to apply
Compensation & Other Benefits: Provident fund
Job Location: Dhaka
Application Deadline: December 07, 2020
For more information see below this original circular

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City Bank Jobs Circular

The City Bank Job Circular Full Information

  • Act as a team member while conducting Shari’ah audit of branches and head office divisions, departments, units, operations, and Shari’ah risk areas of the bank and ensure completion of the Shari’ah audit work timely and effectively.
  • Assist the Head of Shari’ah Audit to conduct effective and comprehensive Shari’ah audit or investigation is an independent, objective assurance and consulting manner designed to add Shari’ah value and improve the bank’s operations.
  • Prepare report on the Shari’ah audit findings/facts uncovered during the course of Shari’ah audit and submit to team lead the Head of Shari’ah Audit. Before reporting these findings, ensure verification of all facts and findings substantiated with appropriate evidence.
  • Support the Head of Shari’ah Audit to obtain the necessary assistance of personnel in all branches/divisions of the bank where they perform Shari’ah audits/inspection as well as other specialized services from within or outside the bank.
  • Complete the Shari’ah audit/inspection tasks on individual audit or inspection program in an effective manner covering all the auditable areas and prepare a report within 15 days (except for items that need to be escalated immediately).
  • Prepare engagement letter for the branch/division up to two weeks before the commencement of the Shari’ah audit including details of subject, objectives, scope, staffing and timing of the audit.
  • Assist the Head of Shari’ah Audit in holding entrance meeting with the branch/division before the commencement of the audit and discuss details of the scope of the audit and any major issues and seeks management’s input of any areas of concern.
  • During fieldwork, gather evidence to determine the status of operations and controls within a particular area, which will be the basis for the auditor’s conclusions about the audit assignment.
  • Document the audit work properly in the working papers by recording the information obtained and include sufficient information to support the basis for findings and recommendations.
  • Ensure that the documentation or working papers for the Shari’ah audit are completely collected, filed, and indexed.
  • Identify Shari’ah lapses in the transaction process that may cause direct/indirect financial loss.
Additional Requirements
  • At least 2 years of relevant work-experience in the Shari’ah department of Islamic banks/financial institutes.
  • Shari’ah Risk Certification, Compliance/Statutory Knowledge.
  • Good analytical and problem-solving skills.
  • Highly flexible with a strong commitment to deadlines.
  • Good understanding of audit concepts & techniques.
  • Strong Computing Skills, Excel, PPT, Word, etc.
  • Multitasking ability.
  • Adequate communication skills in Arabic & English Language.
  • Propound value of Shari’ah judgment and be results-oriented to ensure sound implementation of Shari’ah audit and inspection.
  • Proactive and team-building ability.
  • Demonstrating ethics and integrity.
  • Problem-solving capacity.

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