5 Mar 2024

Credit and Investment Analyst at Salaam Bank

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Job Description


You will be responsible for conducting in-depth research, analysis, and compliance checks to support the development, management, and implementation of Sharia-compliant financial products and services. This role requires a deep understanding of Islamic finance principles, strong analytical skills, and a commitment to adhering to ethical and religious standards.

RESPONSIBILITIES:
Financial Analysis:
• Conduct thorough financial analysis of potential investments, including company financials, market trends, and industry dynamics.
• Create and maintain detailed financial models to assess investment opportunities and risks.
• Analyse and interpret financial statements, income statements, balance sheets, and cash flow statements.
• Assist in the development and structuring of Islamic financing products and services.
• Adapt existing financial offerings to be Sharia compliant or assist in creating new ones.

2. Investment Research:
• Stay updated on market developments and trends, including economic indicators, sector-specific news, and geopolitical events.
• Perform due diligence on investment opportunities, including assessing the competitive landscape, market conditions, and regulatory environment.
• Identify and evaluate potential investment strategies and recommend them to the investment committee.

3. Portfolio Management:
• Monitor and track the performance of existing investments in the portfolio.
• Prepare and present investment recommendations to the investment team or clients.
• Conduct research on Islamic finance principles and industry developments.
• Analyse and interpret Sharia-compliant financial structures and transactions.

4. Risk Assessment:
• Evaluate and assess the risk associated with various investment options.
• Develop risk mitigation strategies and provide recommendations for risk management.
• Evaluate the risk associated with Islamic financing activities and provide recommendations for risk mitigation.
• Maintain accurate records of risk assessments and compliance efforts.

5. Reporting and Documentation:
• Prepare investment reports and present findings to senior management and clients.
• Maintain accurate and up-to-date records of investment decisions and strategies.
• Prepare and review documentation for Islamic financing transactions.
• Conduct due diligence on prospective clients and investment opportunities to ensure Sharia compliance.
• Prepare reports on the performance and compliance of Islamic financing activities.

Compliance:
• Ensure that all financial products, services, and transactions comply with Sharia principles and guidelines.
• Collaborate with the Sharia board or advisors to maintain and update the bank’s compliance standards.
• Ensure that all investment activities are in compliance with regulatory requirements and company policies.
• Stay informed about changes in investment regulations and ensure adherence.

QUALIFICATIONS:
• Honours degree in Islamic Banking/Finance, economics, or a related field
• Strong quantitative and analytical skills, with proficiency in financial modelling.
• Knowledge of financial markets, investment strategies, and risk management.
• Excellent written and verbal communication skills.
• Attention to detail and the ability to work independently or as part of a team.
• Proficiency in financial software and data analysis tools.
• Strong ethical standards and commitment to compliance.

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Method of Application

Send in your CV and Academic documents to; Deadline: 4th March 2024, 5pm [email protected] 



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