Job Description
Ready to grow from learning to leading?
At Seylan, ambition grows through experience. This role allows you to learn the work, power through challenges, and contribute meaningfully as you turn learning into capability.
Executive – Islamic Banking
- Maintain comprehensive information of all Islamic Banking Unit (IBU) products, including relevant documentation, transaction processes, and back-end credit procedures.
- Ensure that IBU operational activities and processes are carried out in accordance with the Bank's approved policies, procedures, guidelines, regulatory requirements, and Sharia principles.
- Coordinate with the IT Department to resolve system-related issues affecting IBU asset and liability products.
- Assist in the development, enhancement, and implementation of IBU asset and liability products.
- Liaise with Branches and Head Office departments on operational processes, procedures, and related matters to ensure smooth and efficient operations.
- Acquire CASA account openings in accordance with KYC/AML requirements and approve fund transfers, including SLIPS, RTGS, Standing Orders, and other applicable transactions.
- Monitor and review customer transactions originating from Branches to ensure compliance with established policies, procedures, and regulatory requirements.
- Liaise with the Sharia Supervisory Board (SSB) on matters relating to product development, Sharia compliance, and audit requirements.
- Maintain a comprehensive understanding of the IBU profit distribution system and its regulatory updates and system enhancements in coordination with relevant stakeholders.
- Initiate and maintain Letter of Credit position sheets and facilitate customers in the LC opening process.
- Initiate and approve Telegraphic Transfer (TT) requests in accordance with established procedures and applicable authorization limits.
- Review, investigate, and respond to monthly variance reports submitted by the Finance Department, coordinating with relevant stakeholders to address discrepancies and ensure timely resolutions.
- Attend to and provide appropriate responses to operational queries raised during internal audits, and coordinate with relevant stakeholders to ensure timely resolution and closure of audit observations.
- Represent the IBU in operating discussions, meetings, and forums with Branches, Head Office departments, the Sharia Supervisory Board, auditors, regulators, and other relevant stakeholders, as required.
The Person
- 6–7 years experience in Banking, of which at least 3–4 years' experience in Islamic Banking
- Posses fully or partially completed degree/ professional qualification in banking, finance from a reputed professional body
- Highly knowledgeable in Islamic Banking products/structures.
- Strong communication skills, both written and verbal.
- A qualification in Islamic banking will be an added advantage
- Excellent numerical, problem-solving, and reconciliation skills with strong attention to detail.
- Ability to prioritize tasks and work accurately under strict deadlines
- Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines.
If you fulfill the above criteria, we invite you to email your CV along with a recently taken photograph to careers@seylan.lk within 7 days of this advertisement.
Only the shortlisted candidates will be contacted by Seylan HR.
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