Manager - Higher Sharia Authority, Banking Supervision
Central Bank of the UAE
Total years of experience :16 years, 6 Months
Achievements:
• Played a lead role in establishment of the UAE Central Bank’s (CB) Higher Shari’ah Authority (HSA), development of its procedures and work plan.
• Succeeded in contributing to the development and revision of different standards and regulations.
• Participated in a number of Islamic finance initiatives and projects, including the establishment of the HSA.
Responsibilities:
• Develop and execute cost-effective business strategies and operating plans focused on business growth.
• Direct the team for developing and implementing short and long-term business plans, policies and procedures.
• Set and monitor the Shari’ah compliance environment of the Islamic banking Sector in the UAE.
• Standardize the Islamic banking environment from a Shari'ah point of view and monitor the shari'ah compliance Islamic Financial sector that the Central Bank of the UAE licenses.
• Oversee all areas of the business, implement operational changes and deliver measurable improvements; identify and implement necessary changes to enable the business to perform to its optimum ability.
• Ensure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
• Notify banks about the HSA's resolutions and facilitate their implementation and understanding.
• Establish and maintain long term and healthy business relationships with stakeholders and business partners to best serve the goals of the organization.
• Create and lead initiatives to take advantage of market opportunities, reduce operational threats, prevent business risks, and maximize core strengths.
• Provide leadership to keep them aligned with the company objectives; train and evaluate new employees, and ensure that employees work productively and develop professionally.
• Create an environment that promotes great performance and positive morale; motivate subordinates, encourage employee engagement and train a high performing managerial team.
• Research and develop papers for the HSA, including the development of standards and consultation with the market on different matters before publishing.
• Formulated and implemented financial strategies, objectives, policies and procedures with a primary focus on establishing internal controls, ensuring optimal utilization of organizational resources to ensure compliance with banking regulations.
• Evaluated the financial soundness of supervised institutions by performing examination activities.
• Ensured that the institutions manage their risks prudently and meet the requirements of CBUAE.
• Monitored and maintained all records for receipt and dispatch of original documents, and followed up to ensure that all original documents received are properly revised and archived.
Achievements:
• Succeeded in efficiently managing the accounts of VIP/High Net worth individuals for the bank.
Responsibilities:
• Developed bank’s customer base and established long-term relationships with the assigned clientele portfolio.
• Managed the total interest of clients by matching bank’s financial and investment product solutions to their business and investment needs.
• Built and managed rapport with corporate customers to ensure optimum customer acquisition, retention and revenue generation from sales of corporate banking products and services.
• Liaised with existing customers, provided them with appropriate banking products/services information to secure more business, gathered new contacts from the existing customer base and maintained healthy business relations with them.
• Ensured high level of customer service orientation and application of bank policy; provided quality services and competitive pricing to clients; resolved customer conflicts, ensuring complete customer satisfaction.