Assistant Manager, Shariah Review

2 weeks ago


Kuala Lumpur, Malaysia OCBC Bank Full time

**Assistant Manager, Shariah Review** **-** **(**2400009A**)**
- The primary role for this position is to perform on-going review on the Bank’s operations and activities based on the approved methodology and procedure to assess level of compliance with Shariah requirements.
- The review function will execute and initiate appropriate and comprehensive review exercise based on the approved Annual Shariah Review Plan.
- Identifying, assessing, and monitoring the compliance of the bank’s business operations and activities with Shariah.
- Identifying Shariah issues and recommending the necessary corrective and preventive action.
- Managing the identified Shariah issues prudently and objectively.
- Identifying areas for improvement which can prevent the bank from Shariah non-compliance’s exposure.
- Assessing issues or findings identified through Shariah review assignments and other sources such as business unit’s health check for determination of Potential Shariah non-compliance (SNC) event.
- Ensuring adequate training and guidance are provided to the staff on relevant Shariah requirements.
- Preparing Shariah review reports including reports on Potential SNCE to Shariah Committee for confirmation and subsequently to Board for approval on the rectification plan.
- Ensuring all review exercises are conducted within the approved deadlines.
- Ensuring reviewees’ action plans of identified issues or findings are duly completed.
- Informing and providing updates to the board, Shariah Committee and senior management on the latest developments in legal and regulatory requirements in Islamic finance, especially in relation to issuance of the BNM’s Shariah Advisory Council rulings.
- Other relevant matters including reinforcing OCBC culture and participating with relevant association/organization/academia/public community.
- Handling department’s administrative matters.
- Completing other task assigned by the Head of Department from time to time.

**Qualifications**
- Minimum qualification of a bachelor’s degree in Shariah, with foundation in Usul al-Fiqh and Fiqh al-Muamalat, or related qualifications.
- 1 to 2 years of working experience. Fresh graduates are welcome to apply.
- Good communication skills in English and Malay; proficiency in Arabic is an advantage.
- Good interpersonal skills, with the ability to interact professionally with stakeholders at all levels.
- Demonstrated analytical skills, with a keen attention to detail and a methodical approach to problem-solving.
- Ability to work effectively in a team environment, offering support and collaborating with colleagues to achieve common goals.
- Proactive attitude towards learning and self-improvement.
- Commitment to upholding ethical standards and integrity in all aspects of work.

**Primary Location**: Malaysia-Kuala Lumpur-Kuala Lumpur

**Job**: Regulatory Compliance

**Organization**: MALi COM - Shariah Review Department (DH)

**Schedule**: Permanent

**Job Posting**: 06-Mar-2024, 2:09:32 AM



  • Kuala Lumpur, Malaysia RHB Banking Group Full time

    Working Hour - Regular Hours - Monday - Friday- Business Area - Risk & Credit Management- Location - Malaysia - Kuala Lumpur- Description **Primary Objective**: Manage Shariah Non-Compliance Risk (SNCR) for RHB Banking Group by leveraging on the Group Risk Management Framework and Policy. Primarily, the function will assist in driving the development of...


  • Kuala Lumpur, Malaysia RHB Banking Group Full time

    Working Hour - Regular Hours - Monday - Friday- Business Area - Internal Audit- Location - Malaysia - Kuala Lumpur- Description **Primary Objective**: Lead Shariah audits for RHB Group to assess and subsequently provide independent assurance to the Senior Management, Shariah Committee and the Board Audit Committee that RHB Group’s Shariah governance and...


  • Kuala Lumpur, Malaysia ZICO Group Full time

    **Responsibilities**: - Assisting with administrative and registration matters - Assisting with drafting of opinions and other types of documentation - Assisting with consulting engagements - Assisting with carrying out research *Requirements: * - Currently pursuing a Bachelor’s Degree in Shariah or equivalent - Excellent spoken and written proficiency...


  • Kuala Lumpur, Malaysia Pasona Malaysia Full time

    **Job ID** **22362** **Position Title** - Bank Assistant Manager : Islamic Finance **Industry** - Banking and Financial Service - 1. To become secretariat to the Shariah Committee (SC) and liaise with SC members, and also Board and Board committees for shariah related matters - 2. To liaise and support internal control department (Risk Management,...


  • Kuala Lumpur, Malaysia XANDERIA SERVICES SDN. BHD. Full time

    Xanderia Berhad is a FinTech company focused on becoming a leading Shariah compliant FinTech service provider across South East Asia. They deliver Shariah financing products via secure mobile and digital platforms that leverage AI and analytics to enhance product efficacy and improve customer experience. Their goal is to humanize technology to...

  • Assistant Manager

    4 weeks ago


    Kuala Lumpur, Malaysia Bank Islam Full time

    Req ID: 5852- Job Description: - Duties & Responsibilities - Develop and review new business processes and enhance existing business processes. - Develop and review manual, guidelines, policies, terms & conditions, disclosure sheet, campaign mechanic relating to new, variation and enhanced products and campaigns - Manage the User Acceptance Testing (UAT)...


  • Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us The Assistant Manager, Siren Embargo Reviewer’s main responsibility is to facilitate in reviewing/approving Sanction screening of Siron Embargo system and attend to queries pertaining to Inward & Outward Telegraphic Transfer (TT) related to sanctions requirements. This role will...

  • Assistant Manager

    3 days ago


    Kuala Lumpur, Malaysia Bank Islam Full time

    Req ID: 6311- Job Description: - Closely work with Treasury Division, Product Management Division to design and develop various Derivative solutions and Structured Product to meet customer hedging and investment needs. - To be thoroughly conversant with the product Guidelines and other related guidelines, procedures and standards issued within the Bank or...


  • Kuala Lumpur, Malaysia Bank Islam Full time

    Req ID: 5759- Job Description: - **Duties and Responsibilities** Project Management Perform Business Analysis and Project Management until its completion stage. - Manage Projects updates and tracking status - Identify new requirement, processes and ensure smooth implementation of projects/enhancement - Review PayNet Operating Procedures, BNM RMIT...


  • Kuala Lumpur, Malaysia Munich Re Full time

    Risk and Compliance Analyst Risk and Compliance Analyst (Contract) - Munich Re Retakaful **Company** Munich Re **Location** Kuala Lumpur, Malaysia Reporting to Chief Risk and Compliance Officer of Munich Re Retakaful, you are responsible to provide an effective key second line of defence role for Munich Re Retakaful operations both from a Bank Negara...


  • Kuala Lumpur, Malaysia Munich Re Full time

    Risk and Compliance Analyst Risk and Compliance Analyst (Contract) - Munich Re Retakaful **Company** Munich Re **Location** Kuala Lumpur, Malaysia Reporting to Chief Risk and Compliance Officer of Munich Re Retakaful, you are responsible to provide an effective key second line of defence role for Munich Re Retakaful operations both from a Bank Negara...


  • Kuala Lumpur, Kuala Lumpur, Malaysia Randstad Malaysia Full time

    Introduction: We are seeking a highly skilled and experienced individual to join our team as the Lead Regulatory Compliance (Assistant Vice President) for our leading mortgage company in Malaysia. The ideal candidate will have a strong background in regulatory compliance, preferably with exposure to Islamic banking or Shariah-compliant financial products....


  • Kuala Lumpur, Malaysia Bank Islam Full time

    Req ID: 6234- Job Description: **Responsibilities**: - Business Development: Prepare proposal for new potential institutions / companies and Non-Bumi associations for empanelment or business collaboration - Relationship Building: Initiate and built relationship with the person in charge (PIC) of the Non Bumi Association/ New Package / University /...

  • Content Reviewer

    4 weeks ago


    Kuala Lumpur, Malaysia Cognizant Technology Solutions Full time

    The project involves content review (videos/images/text) in the online space for one of the largest technology giant. In this role one needs to be objective and be willing to review sensitive content. As part of the contractual obligations, the client expects the team to follow certain policy guidelines, meet stringent TAT, Productivity and a minimum monthly...

  • So-mgr, Review

    4 weeks ago


    Kuala Lumpur, Malaysia United Overseas Bank (Malaysia) Bhd Full time

    **About UOB**: United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and...


  • Kuala Lumpur, Malaysia RHB Banking Group Full time

    Working Hour - Regular Hours - Monday - Friday- Business Area - Compliance- Location - Malaysia - Kuala Lumpur- Description **Primary Objective**: To assist in providing assurance to Board and Senior Management on the Bank’s level of compliance to regulatory requirements **Key Responsibilities**: - Assist in formulation of scope of review for compliance...


  • Kuala Lumpur, Malaysia XANDERIA SERVICES SDN. BHD. Full time

    Xanderia Berhad is a Shariah compliant TechFin company that aims to become a leading provider of Shariah financing products across South East Asia. The company offers cloud based secure mobile and digital platforms that leverage AI and analytics to improve the customer experience and enhance product efficacy. Xanderia Berhad humanizes technology to optimize...


  • Kuala Lumpur, Kuala Lumpur, Malaysia Crowe Malaysia Plt Full time

    Manager, Risk Management - Malaysia, Kuala Lumpur - BTC Recruitment Malaysia - Executive Search Recruitment AgencyOpen Position:Manager, Risk Management (Shared Services Industry)A well-established Shared Services Industry is currently hiring Manager, Risk Management to join the team and be based in the Kuala Lumpur office DescriptionOpen Position:Manager,...


  • Kuala Lumpur, Malaysia RHB Banking Group Full time

    Working Hour - Regular Hours - Monday - Friday- Business Area - Compliance- Location - Malaysia - Kuala Lumpur- Description **Primary Objective**: To provide assurance to Board and Senior Management on the Bank’s level of compliance to regulatory requirements **Key Responsibilities**: - Assist in formulation of checklist for compliance review on...


  • Kuala Lumpur, Malaysia Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...