Spclst, Shariah Rev&assrnc

Kuala Lumpur, Malaysia

Job Description


DescriptionPrimary Objective:

  • Conduct analysis, assessment, research and present the QSO Confirmation on Potential Shariah Non-Compliance (PSNC) incidents as and when required in Shariah Committee of RHB Islamic (SCR) Meeting.
  • Assist Circle Lead, SRA in providing Monthly Shariah Compliance Report and updates to the board, SCR and senior management on the latest developments in legal and regulatory requirements in Islamic finance, especially in relation to issuance of the Shariah Advisory Council of Bank Negara Malaysia (SAC) rulings.
  • Assist Circle Lead, SRA in preparing report to the board, Shariah committee and senior management regularly on Shariah non-compliance issues and findings;
Key Responsibilities:
  • Conduct investigations on non-compliance incidents specific to Shariah cases
  • Conduct analysis, assessment, research and present the QSO Confirmation on Potential Shariah Non-Compliance (PSNC) incidents as and when required in Shariah Committee of RHB Islamic (SCR) Meeting.
  • Conduct monitoring and tracking on the rectification status of Potential Shariah Issues (PSI), Operational Lapses (OL) and Areas of Improvement (AFI).
  • Conduct annual Shariah Compliance Self-Assessment (SCSA) to assess of whether the Islamic banking operations and business practices complies to the applicable Shariah requirements
Subject Matter Expertise
  • Support best practice sharing across teams
  • Resolve any escalated customer related issues e.g., complains, approval
Standard Enforcement
  • Ensure key information is cascaded and necessary documentations are created (reports)
  • Support implementation of any initiatives at the team level
RequirementsRequirements:
Bachelor Degree - Bachelor of Shariah (Islamic Law) with specialization in Fiqh and Usul Fiqh, Fiqh Muamalat (Islamic Law of Transactions/Islamic Commercial Law) or equivalent related degree holder with honors from local universities or equivalent recognized qualifications by Government..- Preferably relevant certification related to Shariah or Islamic Banking and Finance.
  • Minimum 3 years of working experience
  • Minimum 1 year of working experience in Islamic banking products and services
  • Minimum 2 years of working experience in handling compliance functions or related experience, e.g., internal audit or operational risk in a financial institution
  • Minimum 1 year of working experience in commercial banking environment
  • Broad knowledge or understanding on commercial banking products and Shariah.
  • Sets clear and realistic goals, focused on highest value activities
  • Motivates and inspires others xe2x80x93 draws out the best in people
  • Strong team player; able to work with other leaders
  • Operates with focus of creating value for the customer
  • Has the skills and expertise to successfully execute his or her role (e.g., technical, business or other)
  • Understanding of relative compliance requirements and processes
  • Strong problem-solving skill to support issue resolution
  • Adept at solving problems in a logical and fact-driven manner (e.g., when tackling technical challenges, obstacles, backlog prioritization)
  • Highly adaptable and able to respond to change fast
  • Resourceful and able to leverage network effectively
  • Ability to collaborate and help the squad members
  • Actively listens to others, understands and values others' views
  • Ability communicates opinions or views of squad members clearly
BenefitsDental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank

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Job Detail

  • Job Id
    JD1079618
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned