ACBAR

Bank-e-Millie Afghan (BMA) was the first financial institution established in Afghanistan in 1933. Similarly, it was the first financial institution established in a public-private partnership set up with 72% share held by the private sector. As a first bank in Afghanistan, BMA introduced formal banking services to the people and government of Afghanistan. Since then, the banks competitive strength and ongoing market leadership philosophy lays in its strong capital base and proven trustworthiness.
In 1976, it was fully nationalized by the government of Afghanistan. Since its establishment, BMA is a leading banking in providing modern and secure banking services. Securing depositors' funds is the top priority of the bank. At the same time, the bank is contributing considerably to the development of manufacturing, agriculture, services, and international trade in the country. BMA is operating based on strong corporate governance principles, financial risk management, and strict compliance to keep its credibility and trust. BMA has 19 city branches in Kabul and 23 provincial branches and equity investments in USA and England.

This role is responsible for planning and carrying out specific audit reviews both on a continuous basis and on periodic scheduled audits to ensure there is a sound and effective internal control system for Shariah compliance in the bank overall operations. The Officer is also expected to participate in the review of the Group’s operational processes to address efficiency, and effectiveness.

The Sharia Auditor will have the following duties and responsibilities:

1. Conduct regular evaluations of BMA's business activities periodaically to determine whether an effective Shariah risk management framework is established and operational across all organizational levels."
2. The Shariah Auditor will conduct periodic auditing to provide independent and objective assurance, aimed at enhancing the value and improving the level of compliance within the bank's business operations
3. To audit the fund's current status and verify its adherence to Shariah rules and regulations.
4. To re-check if the investments undertaken in the period of review are Shariah permitted, lawful and not done in a manner that contradicts shariah principles either morally or socially.
5. To audit the existence and effectiveness of a structured framework for managing Shariah non-compliance risks, including the establishment of an Internal Shariah Audit.
6. To audit how non-shariah compliant earnings are managed.
7. To audit whether all approved transactions have been carried out in compliance with the instructions of the Shariah Board and the regulations of Da Afghanistan Bank (DAB).
8. To audit Shariah compliance in all BMA documentation including marketing materials, contracts, circulars, policies etc.)                  
9. Carry out post-audit reviews to monitor progress on the implementation of audit recommendations.
10. Review and document responses to audit reports, initiate follow-up action, and forward to CShO/management all the recommendations for their action.
11. Make a follow up audit on pending cases (collect the audit client's response).
12. Perform any other duties as may be assigned from time to time.

Nominees should meet the following minimum criteria: 

Educational and certification:

Minimum academic qualifications area graduate degree such as;

1. Bachelor’s Degree in Islamic Finance, Finance, Accounting, Economics, Business Management, or relevant field.
2. Shariah Auditor certification (CSA) by Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
3. Association of Chartered Certified Accountants (ACCA) or any relevant professional qualification/ certification is an added advantage.
4. Professional training or certificates in Islamic banking related field a plus.

Experience

• At least 3 years of progressive management experience within the Islamic banking industry, and at least worked for 2 years in Audit.
  • Experience may be considered in case of experience as a Teacher of Islamic Fiqh, Islamic Economics and Fiqh ul mamilat in a reputable institution, other than banking institutions, for a period of not less than three years.

Knowledge Skills Abilities:

• Adequate understanding of Shaira as well as the bank's business, operations and risks.
• Proficiency in local languages and English, both oral and written.
• Excellent communication skills.

TRACK RECORD 

• Has not been associated with any illegal activity especially relating to banking business. 
• Has not been convicted any criminal offence, involved in any fraud/forgery, financial crime etc. 
• Has not been disqualified by DAB or Court.

Qualified and interested applicants should apply online to vacancies@bma.com.af or submit their CVs and applications to the BMA’s HRM department in Kabul (Bank-e-Millie Afghan (BMA), Head Office, Ibne-Sina Watt) or to any of the BMA’s city and provincial branch before the closing date.

When applying, please clearly mention vacancy name and number in subject line of your email and/or papers and only shortlisted candidates will be contacted.

vacancies@bma.com.af