Habib Canadian Bank (HCB), a wholly owned subsidiary of Habib Bank AG Zurich, commenced operations in Mississauga on March 22, 2001. As a member of the Canadian Deposit Insurance Corporation (CDIC), HCB is committed to safeguarding customer deposits and maintaining the highest standards of financial security. At HCB, we place a strong emphasis on personalized service, delivering a comprehensive range of commercial and personal banking products tailored to meet the diverse needs of our clients from individual savers to large international corporations. About the Role We are currently seeking a Head of Islamic Banking to join our team. This role will be responsible for driving the growth of Habib Canadian Banks Islamic Banking Business. This multi-faceted role includes strategic planning, product development, business development, marketing, training, and Shariah compliance oversight. The incumbent will work collaboratively with existing staff and teams to implement innovative, Shariah-compliant financial solutions while ensuring operational excellence and regulatory adherence. Compensation Expected Compensation: $100,000 $120,000 per year. Compensation will be determined based on experience, skills, and qualifications and falls within the expected range for this role. Employment Type: Full-time Key Responsibilities 1. Strategic Direction Develop and implement a strategic roadmap for the growth of Islamic Banking in Canada. Collaborate with the Group Islamic Banking team and local stakeholders to align strategy with overarching business objectives. 2. Business Development Oversee the financial performance of the SIRAT products and services, ensuring revenue growth, profitability, and cost optimization. Regularly review financial metrics, adjust business plans as needed, and provide detailed performance reports to the Executive Committee. Build and maintain strong relationships with key stakeholders, including high-net-worth individuals (HNWIs), corporate clients and SMEs. Represent SIRAT at industry events, forums, and conferences to enhance visibility and build partnerships. 3. Product Development and Innovation Design and introduce Shariah-compliant banking products, including consumer, commercial, and trade finance solutions. Collaborate with operational and IT teams to ensure effective product deployment and seamless service delivery. 4. Marketing and Client Engagement Lead targeted marketing campaigns to increase awareness of Islamic Banking services. Work closely with the marketing team to create customer-focused promotional materials and strategies. 5. Operational Efficiency Coordinate with existing staff to ensure efficient delivery of Islamic Banking services. Provide guidance and support to teams handling operations, compliance, and risk management activities. Address operational challenges and implement process improvements to enhance overall efficiency. 6. Shariah Compliance and Regulatory Oversight Collaborate with Shariah advisors to ensure all products, services, and processes adhere to Islamic finance principles. Stay updated on regulatory changes and ensure compliance with local banking regulations and internal policies. 7. Training and Development Develop and deliver Islamic Banking training programs to enhance staff knowledge and competency. Create educational content to raise awareness of Islamic Banking principles among clients and employees. Serve as a subject matter expert, providing ongoing guidance on Shariah compliance and Islamic finance. Qualifications & Experience Education: Bachelors degree in finance, Business Administration, or a related field. A Masters degree or certification in Islamic Finance (e.g., AAOIFI, NIBAF, Ethica) is preferred. Artificial intelligence is not used to screen, assess, or select applicants for this role. How to Apply Interested candidates are encouraged to submit their resume to [email protected]. Equal Opportunity Employer Statement Habib Canadian Bank is proud to be an equal opportunity employer. We are dedicated to ensuring a fair and inclusive recruitment process and to providing a work environment where every employee feels respected and supported. We value diversity in all its forms including but not limited to race, ethnicity, gender identity, sexual orientation, age, religion, disability, and socioeconomic background. Accommodation We are also committed to providing accommodation throughout the recruitment and selection process. If you require any form of accommodation, please let us know and we will work with you to meet your needs. Closing Statement We encourage all qualified candidates to apply and explore the opportunities that await you at Habib Canadian Bank. #J-18808-Ljbffr
Job Title
Head of Islamic Banking