Officers - Shariah Audit
NRSP Microfinance Bank Limited
Published Date: • Islamabad, Pakistan (On-Site)
Description
NRSP Microfinance Bank Limited seeks dedicated Officers - Shariah Audit to perform comprehensive audits ensuring compliance with Shariah principles and Islamic finance regulations. This role requires meticulous review of financial activities to validate adherence to internal controls, regulatory standards, and Shariah guidelines. Officers will analyze financial documents, prepare detailed audit reports, and recommend improvements to strengthen the bank’s compliance and operational integrity. Although this position does not involve managing a team, it demands effective collaboration with various departments to ensure audit processes are thorough and timely. The ideal candidate will possess strong knowledge in Shariah Compliance Review and Islamic Financial Principles, with experience in regulatory compliance and documentation. They will contribute actively to identifying operational risks, refining audit methodologies, and supporting both internal and external audit activities. Upholding confidentiality, ethical standards, and accuracy is critical for success in this role, ensuring NRSP Microfinance Bank Limited maintains its commitment to transparent and sound financial management.
Responsibilities
- Conduct comprehensive audits to verify financial record accuracy and compliance with Shariah standards and regulatory requirements.
- Prepare clear, detailed audit reports highlighting findings, discrepancies, and actionable recommendations for process improvements.
- Evaluate internal control systems to ensure they effectively support compliance with Islamic finance regulations and organizational policies.
- Identify operational risks through thorough audit analysis and suggest measures to enhance risk management and financial controls.
- Collaborate with multiple departments to collect audit evidence, facilitating a smooth and efficient audit process.
- Analyze financial data to detect errors, inconsistencies, or irregularities, reporting these findings promptly to relevant stakeholders.
- Assist in designing and updating auditing procedures aimed at increasing audit effectiveness and efficiency across the bank.
- Stay informed on the latest financial regulations and auditing best practices specific to Shariah compliance and Islamic banking.
- Provide necessary support to external auditors during scheduled audits by supplying documents and responding to their inquiries.
- Maintain accurate records of audit activities, evidence, and outcomes for accountability and future reference.
- Contribute to ongoing improvement initiatives by recommending enhancements based on audit insights and observed trends.
- Adhere strictly to ethical standards by conducting all audit activities with confidentiality, integrity, and professionalism.
Experience
2 Years
Apply By
Required Skills
- Shariah Compliance Review
- Regulatory Compliance
- Shariah Audit Tools
- Internal control evaluation
- Risk Assessment
- Financial Data Analysis
Nice to Have Skills
- Islamic Finance Principles
- Documentation and Reporting
- audit procedure development
- Ethical standards compliance