Job Description

Role Responsibilities Responsibilities Implement the Group Compliance Review strategies and agenda. Formulate a relevant and inclusive Country Compliance Review schedule on an annual basis - to provide 2 nd line of defence oversight of the businesses and to meet and discharge the Shariah Compliance Review function assurance obligations and responsibilities. Deliver the planned Shariah Compliance Reviews effectively and timely Execute the Shariah Compliance Reviews - such as issuance of term of reference, conducting of fieldwork, and drafting of findings and reports. Ensure that significant issues identified during the course of reviews are properly escalated - \'no surprises\' all identified issues are duly tracked, monitored and remediated timely. Provide periodic Compliance Review progress summary (i.e. issues highlights and trends, issues require management attention and discussion, etc.), to the relevant Governance Committee(s) in the region/countries accordingly - to ensure sufficient level of regional/country management team involvement. Assist the SCR Manager or Lead Reviewer to adequately support the country Carry out periodic and ad-hoc samples testing, investigation and validation as necessary esponsible in executing Shariah Compliance Review functions to allow SCSB to be managed in a Shariah compliant manner. Strategy Responsible in executing Shariah Compliance Review functions to allow SCSB to be managed in a Shariah compliant manner. Business Responsible in performing Shariah Compliance Review post product launch . Processes Responsible to upgrade the knowledge, skills and capabilities needed as Shariah Compliance Reviewer to deliver the role effectively. Risk Management Responsible for ensuring that the appropriate review is done for SCSB products and services. Responsible for organizing the appropriate team members to conduct the Shariah Compliance Review. Responsible to prepare and finalize Shariah Compliance Review report to present to SC Responsible to highlight high risk Shariah Compliance Review findings to SC when conducting Shariah Compliance Review. Conduct assessment and provide classification on potential Shariah non-compliance events and present to SC for further deliberation. Conduct assessment on day-to-day ad-hoc review issue and any Non Potential Shariah Non-Compliance events to be presented to SC for a notation. Monitor and track open items arising from Shariah Compliance review exercises to ensure timely closure. Governance Understand the requirement of the Shariah Governance Policy Document with the respect to the Shariah Compliance Review function. Responsible to finalise all root cause analysis, control failure points and analysis of new samples arising from agreed management actions during Shariah Compliance Review exercises. Regulatory & Business Conduct Display exemplary conduct and live by the . Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Lead the Shariah Compliance Review to achieve the outcomes set out in the Bank\'s Conduct Principles : [Fair Outcomes for Clients Effective Financial Markets Financial Crime Compliance The Right Environment.] Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders Shariah Committee of SCSB CFCC Management Team Regional Heads, CFCC Global Head, Central CFCC Global Head, CFCC, Business and Functions Advisory Group Head, CFCC Shariah Team, SCSB Product Management Team, SCSB Management Team, SCSB All Respective Reviewee Training, licenses, memberships and certifications andidate should preferably have the specific degree in Islamic Jurisprudence (Fiqh and Usul al-Fiqh) and AICB Certificate in Regulatory Compliance. Other relevant certifications such as AICB Certificate in Internal Audit and Certified Internal Auditor would be a plus. ROLE SPECIFIC TECHNICAL SKILLS AND COMPETENCIES AND PROFICIENCY LEVELS. Technical Competency Name: Proficiency Levels Spot Opportunities Core Spot Shariah Issues Advanced Solve Problems Core Collaborate Advanced Communicate and Articulate Core About Standard Chartered We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us. Our purpose, to , together with our brand promise, to be are achieved by how we each live our . When you work with us, you\'ll see how we value difference and advocate inclusion. Together we: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum Flexible working options based around home and office locations, with flexible working patterns Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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