About the Organisation

Tropical Bank is a leading financial institution in Uganda, committed to providing innovative banking solutions, including Islamic banking services that adhere to Shari’ah principles. The bank fosters a professional and inclusive work environment, emphasizing compliance, integrity, and customer-centric services to support its growth and community impact.

Job Summary

The Islamic Banking Internal Auditor at Tropical Bank is responsible for conducting comprehensive Shari’ah audits and reviews of the bank’s products, operations, internal controls, and procedures to ensure alignment with Shari’ah principles, regulatory requirements, and organizational objectives. 

The role focuses on safeguarding compliance, identifying and mitigating operational risks, and enhancing the efficiency and reliability of internal Shari’ah governance frameworks.

Duties, Roles, and Responsibilities

External Audit Support

• Provide required assistance to external auditors on relevant Shari’ah audit issues to ensure alignment with Shari’ah principles
• Collaborate with external auditors in expressing opinions on financial and operational compliance with Shari’ah standards

Control and Risk Assessment

• Assess and contribute to the improvement of a sound and effective internal control system for Shari’ah compliance
• Identify potential risks associated with Shari’ah non-compliance and recommend measures to mitigate them
• Work with the Risk Departments in identification and mitigation of Shari’ah risks

Collaboration with the Shari’ah Advisory Board

• Act as a liaison between the internal audit function and the Shari’ah Advisory Board
• Ensure alignment between the bank’s operational activities and the fatwas and guidelines issued by the SAB

Continuous Improvement

• Monitor the implementation of Shari’ah audit recommendations and report progress to the SSB and senior management
• Identify areas for process improvement and recommend changes to enhance Shari’ah compliance and operational efficiency

Audit Planning and Documentation

• Participate in establishing a risk-based Shari’ah Audit Plan
• Develop and document appropriate Shari’ah audit checklists, programs, and tests to review the adequacy and effectiveness of internal Shari’ah controls within the bank’s functions
• Prepare the Annual Internal Shari’ah Audit Plan to guide the bank’s Shari’ah compliance review process

Audit Execution

• Conduct detailed operational and compliance audits in accordance with the approved Shari’ah Audit Plan and program
• Perform internal Shari’ah audits quarterly and present findings to the Shari’ah Advisory Board (SAB)
• Carry out identified continuous monitoring reviews to uncover opportunities for improvement in Shari’ah compliance
• Conduct Shari’ah audit follow-ups according to the approved Shari’ah Audit Plan to ensure implementation of recommended actions

Reporting

• Prepare preliminary and final written Shari’ah Audit Reports for each audit engagement
• Present Shari’ah Audit reports to the SSB for final resolution and decision-making
• Express opinions on financial statements to ensure their compliance with fatwas, rulings, and guidelines issued by the SSB, as well as standards set by AAOIFI, national regulations, and other relevant practices

Policy and Manual Development

• Develop the Internal Shari’ah Audit Policy and Procedure Manual to ensure a standardized approach to Shari’ah audits
• Establish the scope of Shari’ah Audit work, organize and manage audits to achieve planned objectives and activities

Advisory Role

• Advise the bank’s Management on various Shari’ah issues based on Internal Shari’ah Audit findings
• Provide guidance and consultation on Shari’ah compliance to the internal audit team
• Assist in resolving Shari’ah-related issues identified during audits and offer recommendations for improvement

Training and Awareness

• Conduct training sessions to raise awareness about the critical role of Shari’ah auditing and the relevance of compliance to established procedures
• Strengthen internal Shari’ah controls by fostering a culture of compliance across the bank

Compliance

• Comply with AML/CFT/CPF policies and procedures, non-compliance of which shall be addressed as per the bank’s disciplinary processes

Other Duties

• Any other duty as shall be assigned from time to time

Person Specification (Education, Training, Skills, and Experience)

Knowledge, Skills, and Experience Required

• University degree in  Banking and Finance, or Shari’ah from an accredited university
• At least 5 years of banking experience (preferably in Islamic Banking and Finance)
• Qualification in ACCA/CPA is preferable
• Qualifications such as CSAA, CIPA, and CIFE are mandatory
• Proficiency in Microsoft Office suite
• Fluent in English; Arabic is preferable

Competencies Required

• Innovative and proactive: Creative thinker with the ability to propose and implement effective Shari’ah-compliant solutions
• Passion for Shari’ah and auditing: Outgoing and enthusiastic about Islamic finance principles and the auditing profession
• Analytical and self-driven: Dynamic, detail-oriented individual with strong analytical skills and the ability to work under pressure with minimal supervision
• Strong communication skills: Exceptional oral and written communication skills, with a particular emphasis on report writing and presentation
• Interpersonal skills: Excellent ability to build and maintain professional relationships while fostering collaboration across teams
• Confidentiality and accuracy: Proven ability to handle sensitive information with the highest level of confidentiality and accuracy
• Knowledge of Islamic finance principles: Extensive understanding of Islamic rules of transactions (Fiqh al Mu’amalat) and Shari’ah principles
• Regulatory awareness: Sound understanding of Bank of Uganda (BOU) regulations and Shari’ah compliance requirements
• Technical knowledge: Proficiency in the Accounting, Auditing, and Governance Standards of AAOIFI
• Leadership and management skills: Strong ability to lead and manage audit processes effectively while mentoring team members
• Computer literacy: Proficient in using audit-related software and tools to enhance audit execution and reporting
• Problem solving: Ability to analyze processes/procedures and identify areas of improvement

How to Apply

Submit your application online by sending a cover letter, a detailed CV, and copies of relevant academic and professional certificates torecruitment@trobank.com.

Apply Now

Tropical Bank Ltd is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, national origin, or disability status. Recruitment is strictly based on merit. 

Deadline: 24th October 2025