Head of Liabilities – Banking Sector (Digital & Islamic Banking)

About the role

We are seeking an experienced Head of Liabilities to lead the digital liabilities function for a leading banking client. The role focuses on expanding digital liability products, especially within Islamic banking, while ensuring regulatory compliance and driving innovation.

Key responsibilities

• Develop and execute strategies to grow digital banking services, emphasizing Islamic banking principles and customer acquisition.
• Lead the design and enhancement of digital liability products such as online savings accounts and digital fixed deposits.
• Conduct market research to identify trends and opportunities for new digital liability offerings.
• Implement robust risk management practices to protect digital liabilities.
• Ensure all activities comply with relevant regulations and industry standards.
• Monitor performance of digital liability products and report insights to senior leadership.
• Manage and mentor a team of professionals within the digital liabilities department.
• Collaborate with internal and external stakeholders to drive successful initiatives.

Required profile

• Master’s degree in finance, economics, business administration or a related field.
• Professional qualification such as CFA, CA or ACCA preferred.
• More than 15 years of experience in financial services, specifically in liabilities management and digital banking.
• Proven track record in strategy formulation, product development and regulatory compliance.

Required skills

• Deep knowledge of digital banking technologies.
• Understanding of Islamic banking regulations and compliance requirements.