Job Family Card - Sharia Compliance and Audit

.Provide Sharia related researches and advise to support the financial institution's Sharia compliant activities

Job Family Code

BSC

Career Path View

Job Roles

Card Job Role Description

Job Role

Sharia Compliance and Audit Assistant

Job Family Code

BSC

Job Family

Sharia Compliance and Audit

Responsibilities

    Collect data on Sharia compliance and audit and provide them for examination and analysis.

    Collect the organisation's Sharia decisions, Sharia compliance guides and references for Sharia financial provisions.

    Providing support in Sharia compliance and auditing operations and collect the required documents for the various reports related to these operations.

    Support in preparing training and awareness programs to comply with the organisation's Sharia decisions.

Card Job Role Description

Job Role

Sharia Compliance and Audit Specialist

Job Family Code

BSC

Job Family

Sharia Compliance and Audit

Responsibilities

    Carry out field visits and checks in accordance with Sharia compliance and audit programs to ensure that all procedures comply with the organisation's Sharia decisions.

    Evaluate the products, procedures, and models used relevant to the main activities of the organisation and review them according to the requirements of the organisation's Sharia decisions.

    Prepare reports on compliance to the organisation's Sharia policies and decisions and document observations for presentation to the line manager.

    Spread awareness of the Sharia decisions, policies and procedures and propose training topics to promote compliance to the Sharia decisions of the organisation.

Card Job Role Description

Job Role

Senior Sharia Compliance and Audit Specialist

Job Family Code

BSC

Job Family

Sharia Compliance and Audit

Responsibilities

    Implement Sharia compliance and audit programs, and supervise field visits and examination work.

    Ensure conformity of business models (policies / procedures / automated systems / ...) and audit them according to the organisation's Sharia decisions.

    Review Sharia compliance and audit reports and provide opinions on the observations or violations that appear as a result of the examination and submit recommendations.

    Provide advice to all departments of the organisation and provide advice regarding requirements for compliance with the organisation's Sharia decisions and policies.

Card Job Role Description

Job Role

Sharia Compliance and Audit Manager

Job Family Code

BSC

Job Family

Sharia Compliance and Audit

Responsibilities

    Establish work policies and procedures for Sharia compliance and auditing and supervise their implementation.

    Prepare Sharia compliance and audit programs according to the organisation's Sharia strategy and Sharia decisions.

    Prepare a detailed plan for Sharia compliance and audit and ensure its implementation, including periodic oversight and reporting compliance to Sharia decisions.

    Prepare training and awareness programs for the organisation's Sharia decisions and promote the Sharia compliance of all employees to avoid Sharia violations.

Card Job Role Description

Job Role

Head of Sharia Compliance and Audit

Job Family Code

BSC

Job Family

Sharia Compliance and Audit

Responsibilities

    Carry out the strategy and procedures for Sharia compliance and audit of the organisation in accordance with its Sharia decisions.

    Approve Sharia compliance and auditing programs and ensuring their compliance with the organisation's Sharia decisions.

    Approve compliance reports and Sharia audit, including recommendations to correct violations, if any, and presenting them to the stakeholders.

    Ensure the implementation of the recommendations issued in the event of violations of the Sharia requirements and follow up on its procedures.

    Approve training and awareness plans and programs for the Sharia compliance for all employees of the organisation.

Programs Related to JobFamily

All Training Programs

Planning and Innovation Skills

Innovative thinking and planning are among the most important tasks in the business system. Innovation is an urgent necessity for continuity and growth. This program focuses on identifying the strengths, weaknesses, opportunities, and threats facing the organization. In addition to defining goals, how to formulate them and building plans according to the administrative level, identifying the elements of the planning process and integrating innovative thinking in the planning stages to ensure creative results.

Details

Problem Solving and Decision Making

Successful organizations rely on Critical Thinking and creative thought leaders who can generate inventive problem solving answers to the organizations issues. This training program provides participants with the knowledge and skills required to analyze problems and implement creative ideas in a practical way for the work environment, in addition to familiarity with tools and techniques that help analyze solutions, choose the most appropriate, and schedule lists to choose the best solutions.

Details

Emotional Intelligence for Professionals

People with high intelligence and mental abilities may not necessarily be successful in life. It is essential to possess emotional intelligence, or the ability to control feelings and emotions, in order to be successful and achieve personal development. The objective of this program is to provide participants with emotional intelligence skills that will enable them to understand their feelings, regulate them, deal with them positively, master communication, possess emotional competence, and get rid of negative emotions.

Details

Professional Communication Skills for the Insurance Sector

Professional communication skills are considered an important factor in any relationship in general and in insurance specifically, and therefore, any servicing industry, including insurance, highly regard the basic principles that control the behavior and communication with others as it gives them an edge in understanding different personalities in future clients and the best ways to deal with them. This skill-based course in Professional communication skills in insurance is ideal for any candidates looking to communicate in the right way, effectively, efficiently and successfully with other people as communication in insurance is a core element in favoring one company over another. The topics we concentrate on include; principles and foundations of human relations, basic principles that govern human communication and behavior, communication process, criticism and personality types.

Details

Finance for Non-Financial

"Finance for Non-Finance Professionals" is an extensive 4-day program, with condensed and engaging sessions totalling 7 hours each day, specifically oriented towards degree-educated professionals from varied industries, the programme is ideal for those in non-financial positions and who seek to bolster their financial literacy. This comprehensive program is meticulously designed to demystify the world of finance for participants, fostering a proficiency that enables them to decipher and utilise financial information for strategic advantage. Over the course of these four days, participants will engage with financial principles and analysis techniques tailored to extend their expertise beyond their specific specialties, thereby equipping them with the understanding crucial for holistic and informed decision-making processes.

Details

Self-Management

The ability to self-knowledge, set priorities, and effectively manage your goals is vital in both personal and work life. This training program is designed to enable participants to discover and understand themselves, direct their abilities, manage their feelings and behavior to achieve the desired goals, which leads

Details

Corporate Governance

The need to understand governance and its application mechanisms has increased with the growing local and regional interest in increasing transparency and rational decision-making. This program aims to familiarize the participants with the principles of governance and the mechanisms of implementation by the board of directors and the executive management of joint stock companies, understand their responsibilities and activate their roles to ensure compliance with the regulatory requirements related to establishing the principles of sound governance.

Details

Teamwork Skills

There is a Chinese proverb that says: Behind every capable person there are capable people. Collaboration is a vital part of personal and professional life, so learning team development and organizational culture is a great start to a better future. This training program is designed to provide participants with the concept of team work, the mechanisms for building it, the importance of developing the group spirit among the participants, and mechanisms for increasing the degree of team cohesion, rooting group values and unifying the vision among team members, which increases the effectiveness of work teams and reduces friction and conflict between teams within the organization through Unity of vision and goals and achieving more effective results.

Details

Official Correspondence and the Art of Technical Writing

Administrative correspondence is an effective means of communication between members of the work team in organizations, which ensures the effective flow of information and decisions. This training program focuses on enhancing and developing participants' skills to learn about the art of formal writing and the mechanisms and stages of administrative correspondence, which supports communication and efficient problem solving, in addition to achieving goals effectively.

Details

Code of Professional Conduct in the Private Sector

Every profession has ethics, and every organization has ethical standards. Ethics is the basis of business, and the employee's commitment to work ethics does not mean only following regulations and laws, but also ensuring that work is carried out within standards and rules of professional conduct, in a way that enhances job commitment and achieves credibility and transparency. This program focuses on introducing participants to the standards of work in the financial sector, the code of professional ethics, relevant regulations and legislation, knowledge of professional rights and duties and how to maintain confidentiality and information security, as well as knowledge of protocols for dealing with others in the work environment.

Details

Effective Manager

Effective management has always been an important part of the working life of employees, as motivation, enthusiasm and productivity are closely related to how efficient and effective a manager is. The manager is not only responsible for the management’s output and reports, but also the responsibility of supporting and empowering employees by understanding their needs, motives, and guiding them in areas where they need to develop. The best leaders are those who communicate effectively with their employees and have high levels of emotional intelligence. So, what are some characteristics of an effective manager and how should he motivate and empower his employees and team members to achieve the best results? This training program focuses on effective management methods and basic skills for managers, as well as a review of the concepts and methods of guidance and how to set smart goals for employees, in addition to identifying motivation methods and its obstacles, and addressing the challenges facing managers to increase their ability to empower employees and direct them towards achieving the organization's desired goals.

Details

Change Management

Globalization, automation, digitalization and changes in workforce patterns over the past five years, and most recently due to the COVID-19 pandemic, have made rapid business transformation a necessity for organizations to change the way they think and act to keep pace with developments. In this training program, participants obtain the skills necessary to manage change by developing critical skills and familiarizing themselves with the tools to implement change accurately and smoothly, thus positively impacting the organization's growth and success, as well as its ability to remain competitive in the field of business.

Details

Islamic Banking Basics

This program is designed to introduce the ethics of financial transactions in Islamic banking, in addition to acquiring basic knowledge of Islamic banking transactions by identifying the Shari’a regulations for financial transactions, and banking services with Shari’a compliant. The program enables participants to gain the ability to distinguish the characteristics of an Islamic bank from a conventional bank, as well as learn about the principles and characteristics of accounting standards for Islamic financial transactions and operations in accordance with Shari’a regulations.

Details

Data analysis and reporting using Microsoft Power BI

Analyzing statistics and creating reports that help in decision-making is one of the most important things in the business world, and Microsoft Power BI is one of the most important tools for analysis and decision support, as it gives decision makers a comprehensive view of important and critical data in the organization, through a set of integrated services that Analyze, share, and transform data into interactive dashboards and reports. This training program is designed to provide participants with the knowledge and skills needed to design and build scalable data models, filter, transform and process data, learn how to create dashboards, create and optimize reports, and configure and manage workspaces.

Details

Advanced Business Writing

Are you familiar with the basics of business writing? Can you simplify complex ideas? Would you like to improve your technical writing and reporting skills? Professional writing skills improve relationships and performance between employees and stakeholders, thus contributing to the credibility and professionalism of a business. Through this training program, participants will develop business writing skills that will allow them to communicate effectively with each other through learning and using various electronic methods, as well as acquiring the skills necessary to efficiently prepare formal letters and technical reports.

Details

Effective Communication Skills

Communication is the basis of success, the greater the ability to communicate effectively, the greater the chances of success in work and personal life. This training program is designed to improve and develop the verbal and nonverbal communication skills of employees, and to provide participants with communication skills to achieve the goals of the communication process, in addition to developing the skills of listening, presentation, recitation and feedback, and understanding the purposes of body language to enhance the communication process.

Details

Emerging Leaders Program (ELP)

Unlock your potential to lead and inspire with The Financial Academy's Emerging Leader Program (ELP), tailored for ambitious professionals ready to leave a lasting impact. ELP encapsulates the core of transformative leadership by blending interactive sessions with actionable insights, aiming to develop a growth mindset, master strategic communication, and exert powerful influence. This journey of self-discovery encompasses engaging lectures, in-depth case studies, and personalized coaching, all designed to arm you with vital leadership skills for today's ever-evolving financial sector. ELP not only boosts your confidence to lead but also encourages you to inspire others. The program developed in partnership with the Center for Creative Leadership, the program is a lighthouse for those determined to redefine norms, foster innovation, and steer teams toward unparalleled success. Embrace the future as a visionary leader who navigates with precision, energizes with actions, and turns obstacles into opportunities. Embark on your leadership journey—enroll in the Emerging Leader Program today.

Details

GCC BDI Certified Board Directors- Module 1: Corporate Governance Essentials

Corporate governance is simply about how we run our businesses to ensure they are run properly, fairly and in the interests of all key stakeholders. Boards of directors are responsible for the governance of their companies, but all employees need to be aware of their roles and responsibilities and apply the policies, procedures and guidelines which the board sets out for them. This training program explores the roles played by the shareowners, boards, directors, executive managers and other stakeholders.

Details

Artificial Intelligence for Executives (AIE)

Dive into the future of finance with our cutting-edge Artificial Intelligence in Finance program, designed specifically for today's financial leaders. This immersive training experience will equip you with the knowledge and tools to harness AI technology, transforming your approach to financial strategies, risk management, and customer service. Learn from industry experts how AI is reshaping the financial sector, from predictive analytics to automated customer interactions, and how you can lead this change within your organization. Whether you're looking to innovate your services, enhance decision-making processes, or drive a culture of digital transformation, our program offers a comprehensive roadmap to mastering AI in finance. With hands-on exercises, real-world case studies, and strategic planning workshops, you'll emerge ready to tackle the challenges and opportunities of AI integration. Perfect for finance professionals seeking to stay ahead in a rapidly evolving industry, this program will not only expand your skill set but also position you as a leader in the digital finance revolution. Join us to unlock the full potential of AI in your financial practices, setting new standards for excellence and innovation in your field.

Details

The Next CEO

In today's dynamic and competitive business landscape, leadership excellence and strategic thinking are paramount for senior executives. This course has been meticulously designed to empower CEOs and top-level executives with the knowledge, skills, and insights necessary to navigate the complexities of modern leadership successfully. Over the five intensive days, we will embark on a transformative journey, delving into the core principles of visionary leadership, strategic planning, effective decision-making, financial acumen, ethical leadership, and governance best practices. Through engaging lectures, interactive discussions, practical exercises, and real-world case studies, you will not only enhance your leadership capabilities but also gain the strategic prowess required to lead your organisation toward sustainable growth and success.

Details

GCC BDI Certified Board Directors- Module 2: The Effective Director

Corporate governance is simply about how we run our businesses to ensure they are run properly, fairly and in the interests of all key stakeholders. Boards of directors are responsible for the governance of their companies, but all employees need to be aware of their roles and responsibilities and apply the policies, procedures and guidelines which the board sets out for them. This module examines the role, authority, legal responsibilities of an effective director and the relationship between board performance and its structure, composition and membership.

Details

Future Financial Leadership Program (FFLP)

Future Financial Leadership Program (FFLP) is one of the Financial Academy’s initiatives that aim at achieving the Saudi Vision 2030, by developing a squad of competent leaders who will lead future development of financial sector, based on the objectives of the Financial Sector Development Program (FSDP).

Details

Security Leadership Essentials for Managers (LDR512) ®

Dive into the world of cybersecurity leadership with our LDR512: Security Leadership Essentials for Managers program, designed specifically for professionals aiming to elevate their security management skills. This comprehensive program not only covers the fundamentals of building and managing a security program but also delves into the intricacies of risk assessment, policy development, and technical security architecture. By participating in our program, you'll gain the confidence to navigate the complex landscape of cybersecurity frameworks and controls. You’ll learn to identify vulnerabilities and implement proactive defenses against emerging threats. Our curriculum, crafted by industry experts, emphasizes real-world applicability, ensuring that you can apply what you've learned directly to your day-to-day operations. You'll also master cybersecurity strategic planning, develop policies that resonate with your team, and lead with assurance during critical cybersecurity incidents. Understanding the pivotal role of compliance, this program guides you through the legal and regulatory standards affecting cybersecurity, preparing you to lead your organization with integrity and foresight. Through engaging lectures, hands-on exercises, and real-world simulations, LDR512 offers a dynamic learning environment that fosters practical skills and strategic thinking. Join our network of cybersecurity professionals committed to excellence and take your leadership capabilities to the next level. Whether you're an aspiring manager or looking to strengthen your current leadership role, this program is designed to enhance your career and contribute significantly to your organization's security and resilience.

Details

Work Ethics in Capital Market Sector

The capital market system and regulations aim to develop the market and the entities operating in it, and to provide guarantee and protection for dealers from any practices involving fraud or manipulation, while enhancing transparency and raising the professional level of workers in the sector. As is necessarily known, every profession has ethics, and every organization has ethical standards. Ethics is the basis of business, which ensures the achievement of credibility and transparency, which will reflect positively on the organization, its employees and its clients. The training program designed to enhance business ethics and focus on the principles of functional commitment to ensure customer satisfaction and strengthen relationships with stakeholders.

Details

Strategic Thinking- BDI

GCC BDI is the leading organization in the region for board directors, BDI has a strong values-based and ethical corporate culture. As well as focusing on employee training and development on personal and career growth and instilling corporate values and work ethics in them. This workshop will explore the board’s role in setting the strategic vision and direction for the organization, the importance of strategic thinking and creating competitive advantage, innovation and the latest technological trends.

Details

Exams Related to JobFamily

All Exams
We value your feedback

Dear visitor, we hope that you will participate in improving and developing the services provided by the academy on the website.

Was it easy to find what you were looking for on the Academy's website?
Was the information presented on the Academy’s website sufficient and useful?
Please share with us your suggestions for developing the website
Thank you!