Senior Manager, Islamic Corporate Banking

Job Description

Director, Wholesale Islamic.CIBG – Islamic Banking.Corporate & Investment Banking Group | Mashreq

The Tone:
This is a full-time role at Mashreq, located in United Arab Emirates. Mashreq is a leading financial institution focusing on corporate and investment banking, with a significant emphasis on Islamic banking solutions. This role is pivotal for driving the strategic expansion and market penetration of the Islamic corporate banking sector, ensuring robust growth and competitive leadership within Mashreq’s footprint.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person, United Arab Emirates

• Team: Islamic Banking.Corporate & Investment Banking Group (CIBG)
• Mission: Grow the Islamic corporate banking book, maximize market share, and ensure Shariah-compliant wholesale transactions across Mashreq’s CIBG and IBG footprint.

What You’ll Actually Do
• Book Growth: Drive inorganic and organic growth of the Islamic corporate book by onboarding new clients and identifying opportunities within the existing client base across CIBG & IBG.
• Deal Origination & Execution: Lead deal origination efforts, coordinate effectively between client relationship teams and product teams, and maximize the utilization of approved Islamic credit limits.
• Risk & Compliance Management: Conduct credit risk assessments, prepare comprehensive Credit Proposals, and liaise with Wholesale Risk Management and Compliance to resolve all related issues, ensuring Shariah adherence.
• Market Leadership & Client Engagement: Maximize market share, maintain a competitive edge among Islamic entities, and develop strong relationships with key decision-makers within existing Islamic client accounts.
• Strategic Implementation: Implement “Selling Islamic First” directives from the Shariah Supervisory Board and proactively identify cross-sell opportunities for GTB/TCM/RBG arising from wholesale transactions.

The Must-Haves
• Background: Minimum Bachelor’s in Business (BBA) with a focus on wholesale banking.
• Experience: At least 10 years of wholesale banking experience, including a minimum of 5 years specifically in Islamic banking, with proven expertise in originating wholesale transactions and deals across multiple geographies.
• Skills: Strong credit and marketing capabilities, intuitive judgment skills for evaluating non-obvious risks, and excellent interpersonal and communication abilities.
• Bonus: MBA or CFA preferred.