Islamic Product Specialist, Product Mgmt

2 days ago


Kuala Lumpur, Malaysia RHB Banking Group Full time

Working Hour

Regular Hours
Monday - Friday

Business Area

Shariah Business & International Business

Location

Malaysia - Kuala Lumpur

Description

**Primary Objective**:

- To support Department Head on deliverables relating to origination and enhancement of retail or non-retail products.
- To share knowledge with other team members for process improvement in the end-to-end development Shariah compliant products.
- To prioritize and execute assigned tasks in ensuring products are delivered on time.
- To ensure products introduced are in compliance with prevailing governance standards including Shariah, Bank’s policies & other regulatory requirements.
- To contribute and actively participate in strategic planning of retail /non-retail products to improve product positioning & market share.
**Key Responsibilities**:

- To assist in the preparation of proposal papers to seek approval for initiatives relating to origination and enhancement of retail / non-retail products.
- To assist in the implementation of projects relating to origination and enhancement of retail / non-retail products in accordance with agreed implementation plans.
- To exercise adequate due diligence and care to ensure that existing, new/ variation product(s) are in compliance with prevailing governance standards including Shariah, Bank’s policies and regulatory requirements.
- To assist other team members and cross-functional members to ensure final deliverables are within agreed 'fast to market' timelines.
- To liaise with all relevant divisions within the organization and industry members or other relevant platforms related to the primary objectives.
- To share new developments in the industry and regulatory bodies with cross-function stakeholders within the organization.
- To participate actively in internal strategic planning on new initiatives and provide appropriate recommendation.
- To address Shariah non-compliant (SNC) incident or any potential SNC incident related to the product offerings and thereafter to coordinate its rectification plan across functions and division.
- To review and enhance relevant disclosure documents for any existing, new/ variation product(s) in compliance with regulatory standards and guideline for product transparency and disclosure.
- To collaborate with relevant stakeholders to ensure product compliance to any new Shariah Standards issued by BNM are achieved within the specified timelines.
- To prepare and ensure end
- to -end process and procedures are duly documented and uploaded in myOnePortal for staff to execute their roles and responsibilities.
- To ensure controls to address Shariah non-compliance risk concerns are mitigated in the respective operations manual.

**Requirements**:
**Requirements**:Bachelor Degree
Diploma - 3 years or more experience in banking areas.

At least 3-5 years of working experience in the related field preferably in project and/or product management. Knowledge in front and back office banking system will be an advantage.
- Knowledge of Islamic Banking product & operations (preferably in Investment/Tresury related products)
- Strong organizational, project management, analytical and relationship building skills, resourceful, result-oriented and have ability to multi-task.

**Benefits**:
Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards



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