VP, Islamic Banking

The Islamic Treasury & Global Markets Product Manager acts as a key bridge between Treasury, Shariah, Legal,Compliance, and Relationship teams to develop and manage Shariah-compliant financial products. Responsibilities include structuring Islamic FX, swaps, hedging, and liquidity solutions; ensuring Shariah compliance; preparing policies and documentation; supporting deal execution; and driving product approval and launch processes while maintaining operational efficiency.

Position Overview:
We are seeking a dynamic and experienced professional to join our team as Vice President, Islamic Banking. This leadership role focuses on the development, management, and execution of Shariah-compliant treasury and global markets products for corporate and institutional clients. The VP will act as a strategic bridge between internal teams and external stakeholders, ensuring products are commercially viable, operationally efficient, legally sound, and fully compliant with Shariah principles.

Key Responsibilities:

1. Product Development & Structuring

• Lead the design and enhancement of innovative Shariah-compliant treasury and global markets products such as Islamic FX solutions, swaps, hedging instruments, liquidity management tools, and investment products.
• Conduct market analysis to identify client needs and industry trends in Islamic financial solutions.
• Structure products using appropriate Islamic finance concepts (e.g., Murabaha, Ijarah, Wakalah) while ensuring commercial feasibility.

2. Strategic Stakeholder Collaboration

• Serve as the central liaison between Treasury/Global Markets teams, Shariah advisors, Legal, Compliance, Risk Management, Operations, Relationship Managers, and Regulators.
• Drive cross-functional collaboration to ensure seamless product approval processes from ideation to launch.
• Represent the organization in discussions with internal committees and external stakeholders.

3. Shariah Compliance Leadership

• Ensure all products strictly adhere to Islamic finance principles by working closely with Shariah scholars and advisors.
• Prepare detailed documentation for Shariah Committee review and approval.
• Maintain compliance with regulatory requirements governing Islamic banking practices.

4. Documentation & Policies

• Develop comprehensive policies and procedures (P&P) for new products covering operational workflows, risk controls, compliance requirements, and Shariah guidelines.
• Draft approval memos, committee papers, marketing materials, term sheets, transaction confirmations, and other essential documentation.

5. Deal Execution Support

• Provide technical expertise in structuring live client transactions involving Islamic profit rate hedges, FX hedges, cross-currency structures, or other treasury solutions.
• Review legal agreements such as ISDA/IIFM Tahawwut Master Agreements (TMA) to ensure compliance with Shariah standards.
• Support Relationship Managers during client negotiations or discussions.

6. Client Solutions & Advisory

• Collaborate with Relationship Managers to design tailored Islamic financial solutions for clients that meet both commercial objectives and Shariah requirements.
• Represent the bank in client meetings to explain product structures and address queries effectively.

7. Governance & Operational Efficiency

• Enhance operational workflows for product implementation while ensuring regulatory compliance.
• Strengthen governance frameworks by improving product manuals and internal controls.
• Address audit findings related to Islamic treasury products promptly.

8. Industry Engagement

• Represent the organization in industry forums, regulatory discussions, or Shariah review sessions.
• Stay updated on evolving regulations and market practices impacting Islamic treasury products.

Required Skills & Qualifications:

Technical Expertise:

• Deep knowledge of Islamic finance principles and their application in treasury markets.
• Strong understanding of derivatives (e.g., swaps), FX products, hedging solutions, Sukuk structures, liquidity management tools, and related documentation standards.
• Familiarity with regulatory frameworks governing Islamic banking products.

Soft Skills:

• Exceptional stakeholder management skills with the ability to coordinate across diverse teams.
• Strong presentation skills for internal committees and external engagements.
• Excellent communication skills to articulate complex concepts clearly to clients and colleagues.
• Detail-oriented approach with a focus on accuracy in documentation and compliance.

Experience:

• Proven experience in Islamic banking or treasury product development roles is essential.
• Backgrounds in structured finance, capital markets, corporate banking, or legal/documentation related to Islamic finance are highly advantageous.

What Success Looks Like:

The ideal candidate will excel at bridging technical expertise with practical execution. They will successfully develop commercially viable Shariah-compliant products that meet client needs while ensuring smooth operational workflows. Their ability to collaborate across departments will drive timely approvals and seamless launches of innovative solutions that strengthen the organization’s position in the Islamic financial market.

Do note that we will only be in touch if your application is shortlisted.

Agensi Pekerjaan Robert Walters Sdn Bhd
Business Registration Number : 729828-T
Licence Number : JTKSM 423C