Manager, Shariah Review

4 days ago

Kuala Lumpur, Malaysia OCBC Bank Full time

**Manager, Shariah Review** **-** **(**25000044**)**

Summary
- 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.

**Responsibilities**:

- 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 SNC Event.
- Assisting Head of Department in presenting any relevant matters to the management, Shariah Committee, Board, BNM etc.
- Ensuring all review exercises are conducted within the approved deadlines.
- Ensuring reviewees’ rectification plans of identified issues or findings are duly completed.
- Assisting Head of Department in updating the existing Parameters of Potential SNC Event from time to time.
- 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.
- Ensuring proper safekeeping of working files.
- 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**
- Malaysian citizenship.
- Minimum qualification of a bachelor’s degree in Shariah, with foundation in Usul al-Fiqh and Fiqh al-Muamalat, or related qualifications.
- 5 to 7 years of working experience in any Shariah functions, operation or product development.
- Capable of proficiently reading and comprehending texts in Arabic.
- 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 strong analytical skills, characterized by meticulous attention to detail and a systematic approach to problem-solving.

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

**Job**: Compliance

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

**Schedule**: Permanent

**Job Posting**: 27-Jan-2025, 2:23:17 AM

  • Manager, Shariah Advisory

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Hong Leong Islamic Bank Berhad Full time 100,000 - 120,000 per year

    Overview:The Manager, Shariah Advisory is responsible for ensuring the end-to-end Shariah compliance of the Bank's business and operations. This role provides day-to-day Shariah advice and consultancy to all business and support departments, covering critical areas such as retail banking, corporate finance, and treasury activities. The successful candidate...

  • Deputy Manager, Shariah Risk and Compliance

    8 hours ago

    Kuala Lumpur, Malaysia Prudential 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...

  • Manager, Shariah Advisory

    2 days ago

    Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us Functional (job responsibilities) - To assist the overall functions relating to Shariah Advisory. - To assist in providing day-to-day Shariah advice and consultancy to business and support units/departments to ensure Shariah compliance. - To assist in providing Shariah advice and...

  • Head, Shariah Risk Management

    7 hours ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Maybank Full time 120,000 - 180,000 per year

    The objectives of the Shariah Risk Management (SRM) function are to ensure the effective identification, assessment, monitoring, control, and reporting of Shariah risks across the Group.Framework and GovernanceEstablish, maintain, and periodically update relevant frameworks, policies, procedures, guidelines, and supporting infrastructure/platforms to ensure...

  • Head, Shariah Risk Management

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia SME Bank Malaysia Full time 120,000 - 180,000 per year

    As a high-performance organisation, we offer our services through all our branches operating nationwide. Our key initiatives are driven by various action-plans to create a high level of engagement while nurturing the core values of S.M.I.L.E among the Talent Capital of the Bank.Talent management and development are the cornerstone of our operations. We are...

  • Executive, Shariah Advisory

    7 hours ago

    Kuala Lumpur, Malaysia Hong Leong Bank Full time

    If you are looking to excel and make a difference, take a closer look at us - To assist the overall functions relating to Shariah Advisory. - To assist in providing day-to-day Shariah advice and consultancy to business and support units/depts to ensure Shariah compliance. - To assist in providing Shariah advice and solution in the process of product...

  • Lead, Shariah Governance Unit

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Cagamas Berhad Full time 120,000 - 180,000 per year

    Cagamas is seeking a proactive and detail-oriented professional to lead our Shariah Governance Unit (SGU). This role is pivotal in overseeing Shariah risk, ensuring governance assurance, and monitoring compliance across the Cagamas Group.KEY RESPONSIBILITIES:Shariah Risk Oversight & Monitoring:Assess any potential Shariah non-compliance risks across the...

  • Executive, Qualified Shariah Officer

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Maybank Islamic Full time 60,000 - 90,000 per year

    1. Shariah Review & Compliance AssessmentConduct Shariah review exercises on operations, activities, products, and services across all Maybank Group entities offering Islamic banking solutions.Ensure all business activities comply with Shariah principles and relevant regulatory requirements.Identify, assess, and confirm Shariah-related issues reported by...

  • Manager - HLISB (Shariah Advisory)

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia HLB Full time 85,000 - 170,000 per year

    If you are looking to excel and make a difference, take a closer look at us…Key Responsibilities and AccountabilitiesFunctional (job responsibilities)To manage the overall functions relating to Shariah Advisory.To lead in providing day-to-day Shariah advice and consultancy to business and support units/depts to ensure Shariah compliance.To manage in...

  • Shariah Risk Mgr

    2 days ago

    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**: To manage Operational Risk for RHB Islamic Bank and Shariah Non-Compliance Risk for RHB Banking Group by leveraging on Group Risk Framework and Policies. The ultimate goal is to ensure Shariah risk is...