Specialist, Shariah Review

Kuala Lumpur, Malaysia

Job Description


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

RHB Bank

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Job Detail

  • Job Id
    JD927302
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned