Assistant Manager, Shariah Review

1 week 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

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