Specialist, Shariah Review
Kuala Lumpur, Malaysia
Job Description
b'
Working Hour Regular Hours
Monday - Friday
Business Area Compliance
Location Malaysia - Kuala Lumpur
Description
Primary Objective:
- Conduct Shariah compliance reviews for Islamic products from development stage to the product offering and recovery to ensure compliance against the applicable Shariah requirements.
- Conduct periodic Shariah compliance reviews for branches, businesses, Islamic distribution channels, Shariah Business Overseas and Commodity Trading Providers (CTPs) as to ensure compliance with the applicable Shariah requirements
- Conduct Shariah compliance awareness and assessment and/or briefing (if necessary) to the relevant staff.
Key Responsibilities:
- Conduct investigations on non-compliance incidents specific to Shariah cases
- Conduct Shariah Review exercises on Islamic products and services
- Conduct Shariah Review for branches, Business/Cawangan, Islamic Distribution Channels, Shariah Business Overseas and Commodity Trading Providers (CTPs)
- Conduct Shariah Compliance Assessment (SCA) 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
Requirements
Requirements:
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 \xe2\x80\x93 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
Benefits
Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards
Beware of fraud agents! do not pay money to get a job
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.
Related Jobs
Job Detail
-
Job IdJD921551
-
IndustryNot mentioned
-
Total Positions1
-
Job Type:Full Time
-
Salary:Not mentioned
-
Employment StatusPermanent
-
Job LocationKuala Lumpur, Malaysia
-
EducationNot mentioned