This position is responsible for the development, management, and growth of Shariah-compliant banking products. The role ensures all products align with Shariah principles, regulatory requirements, and market needs while driving profitability, innovation, and a strong customer value proposition.
Key Responsibilities
Product Development: Design and launch Shariah-compliant products and manage them through the entire lifecycle from ideation to launch, review, enhancement, and retirement.
Shariah Compliance: Ensure all products adhere to Shariah guidelines and obtain necessary approvals from the Shariah Supervisory Board.
Market Analysis: Conduct market analysis to identify customer needs, emerging trends, and opportunities within the Islamic Banking sector.
Performance Tracking: Monitor product performance, margins, and uptake, recommending improvements where necessary.
Regulatory Adherence: Ensure strict adherence to Central Bank of Kenya regulations and Islamic Banking standards.
Cross-functional Collaboration: Work closely with Risk, Compliance, Legal, ICT, and Operations departments to ensure strict adherence to internal policies and procedures.
Customer Experience: Enhance product features and processes to improve customer satisfaction and accessibility.
Strategic Insights: Provide detailed reports and insights to support strategic decisions and the growth of the product portfolio.
Capacity Building: Support internal teams by providing product knowledge and training.
Qualifications and Experience
Education: Bachelor’s Degree in Finance, Banking, Economics, or a business-related field from a recognized university.
Advanced Degree: A Master’s degree in a business-related field is an added advantage.
Professional Certification: Certification in Islamic Finance is an added advantage.
Work Experience: Minimum of 5 years’ experience in an Islamic Financial Institution, with at least 3 years specifically in Islamic banking product development.
Technical Knowledge: Strong understanding of Shariah-compliant contracts, structures, and local regulatory requirements.
Core Skills and Competencies
Proficiency in Islamic finance principles.
Expertise in product development and lifecycle management.
Strong analytical and financial modelling capabilities.
Excellent stakeholder management and collaborative skills.
Strategic thinking and innovation-driven mindset.
Customer-centric approach to service design.
Strong communication, presentation, and project management skills.
High attention to detail and a focus on governance.
How to Apply
Interested candidates who meet the requirements should send their CV and an application letter demonstrating their suitability for the role to: Recruitment@nationalbank.co.ke by Friday, 10th April 2026. Please indicate the Name of the Job on the email subject line.
How to Apply
Send your CV and application letter showing how you meet the role requirement stated above to: Recruitment@nationalbank.co.ke by Friday, 10th April 2026. Indicate the Name of Job on the email subject.
