Shariah Compliance/Risk Officer
Country Afghanistan Province Kabul, Kandahar, Nangarhar,
Categories Program, Type Full Time
Post Date 2024-12-12 Close Date 2024-12-31
Vacancy No AURUM 028 Gender male female
No Of Jobs 4 Contract Duration Permanent
Education Bachelor's Degree Experience 3 - 4 years
Organization Opportunities for you Salary As per company salary scale

About Company

About Aurum Afghanistan Mobile Money Services Company Aurum Afghanistan Microfinance Institution Aurum Afghanistan Microfinance is a newly established Islamic Microfinance Institution providing Islamic Financing to low-income individuals or groups who otherwise wouldn't have access to traditional financial services. The primary goal of Aurum Microfinance is to help people become self-sufficient by providing them with the financial tools they need to start or grow small businesses, manage their finances, and improve their overall economic well-being and earn Halal income through Halal products according to Sharia rules and principles.

Job Description

Aurum Afghanistan Microfinance Institution is dedicated to providing high-quality Islamic financial services under Murabaha to underserved communities, including both males and females. We ensure that our operations comply with Shariah principles. We are seeking a qualified Shariah Compliance/Risk Officer to join our team and help us maintain our commitment to ethical and compliant Islamic financial practices.

Duties & Responsibilities

  • Ensure that all Islamic products, operations, and activities of the Aurum Afghanistan Microfinance Institution comply with Shariah principles.
  • Identify, assess, and manage risks associated with the institution's financial activities in accordance with Shariah law.
  • Review financing proposals, agreements, process flows, and checklists, ensure Shariah compliance and suggest necessary improvements.
  • Provide training and guidance to staff on Shariah compliance and risk management practices.
  • Conduct pre and post financing assessment of the client’s businesses and provided documents
  • Crosscheck collateral documents during field visit
  • Check the client details in PCR
  • Ensure that the client is not involved in AML/CFT and other illegal activities
  • Conduct regular audits of the institution's operations to ensure ongoing Shariah compliance.
  •  Prepare and submit regular compliance and risk assessment reports to senior management.
  • Collaborate with other departments to ensure comprehensive risk management and compliance across the organization.

Job Requirement

  • Bachelor's degree in Islamic Studies, Finance, or a related field;
  • Minimum of 3 years of experience in Shariah compliance, risk management, of Islamic finance.
  • Relevant Shariah certifications (e.g., AAOIFI, IFSB) are preferred.
  • Strong knowledge of Shariah principles, excellent communication and presentation skills, ability to work independently and as part of a team.
  • Proficiency in English and local language(s) is required.

Submission Guideline

How to Apply: Interested candidates are invited to submit their resume and cover letter to vacancies.microfinance@aurumaf.com please indicate the job title and vacancy number.

Submission Email