Assistant Manager - Pool Management Unit

Job Title: Assistant Manager

• Pool Management Unit Department: Finance Job Overview This role ensures the efficient allocation, monitoring and rebalancing of funds across various Islamic banking products while maintaining strict Shariah compliance and managing risks. Manager PMU will be responsible for overseeing and optimizing the bank’s pool of Shariah-compliant assets and funds. He will also collaborate with multiple departments to enhance pool performance and contribute to the bank’s strategic goals.

Key Responsibilities

Manage the daily operations of the bank’s Islamic funds pool. Ensure optimal allocation of funds across Islamic investments & financing products (Sukuk, Murabaha, Ijara, Diminishing Musharaka, Salam, Istisna, etc.) Monitor pool liquidity, profitability & risk exposure and take corrective actions as needed. Develop and implement strategies for daily pool balancing to meet regulatory and Shariah requirements.

Coordinate with Treasury department for projected investments, fund acceptance and/or placements in Shariah-compliant avenues. Ensure all pool management activities adhere to Shariah principles, guidelines and approved product structures. Develop MIS and dashboards to track pool performance. Prepare periodic reports for senior management on pool performance, challenges and recommendations.

Conduct comparative analysis with industry benchmarks and recommend improvements. Work with IT for system enhancements related to pool management and automation. Stay updated with Islamic finance standards (AAOIFI) and SBP regulations. Identify, assess and mitigate financial risks associated with pool management. Liaise with the bank’s Shariah Compliance and Audit teams for reviews, approvals and audits.

Experience & Qualification Required Degree (Bachelor's) in Commerce, Business Administration, Finance, Islamic Banking & Finance or related discipline. Master’s, MBA, MIBF or relevant advance postgraduate qualification shall be preferred. 3 – 5 years of experience in Islamic banking & finance with at least 1 year in pool management.

Proven track record in managing Shariah-compliant funds/financing pools. In-depth knowledge of Islamic finance contracts, SBP regulations and Shariah governance. Skills & Competencies Strong analytical and financial management skills. Expertise in Islamic banking products and operations. Business Analysis Data Analytics Regulatory & Shariah Compliance Awareness BRD designing & UAT Process Re-engineering, Optimization & Automation Raqami Bank is an equal opportunity employer.

We welcome applications from all qualified individuals, including Persons with Disabilities (PWDs), and are committed to fostering an inclusive workplace where everyone has the opportunity to succeed. Last date to apply: October 26, 2026.