Unit Head, Shariah Review

  • Competitive
  • Kuala Lumpur, Malaysia Kuala Lumpur Kuala Lumpur MY
  • Permanent, Full time
  • OCBC Bank (Malaysia) Berhad
  • 24 Apr 18 2018-04-24

Unit Head, Shariah Review

Responsible in leading Shariah Review team effectively in implementing all aspect of Shariah compliance in accordance with the relevant framework/guidelines which entails:-

  • Duties include preparing annually Shariah Review Plan and present to Shariah Committee for endorsement.
  • Establishment of review plan, to identify the scope of review, and risk areas.
  • Areas of review include governance, operations and people. Responsible for continuous review to ensure compliance with the BNM Resolutions/Guidelines, SC Decisions and SAC of BNM Resolutions.
  • Supervise and monitor team members' performance and ensure completion of review assignment within timeline.
  • Review Shariah review report and provide comments accordingly.
  • Brief and discuss observations with Business Unit & Support Services during closing meeting and to obtain appropriate responses from them.
  • Able to deliver value-added recommendations for process improvement
  • Monitor unresolved observations and track action plans until closure in a timely manner.
  • Investigate Potential Shariah Non-Compliance Event before escalating to Shariah Committee for deliberation and decision.
  • Present Shariah review report for SC's endorsement and escalate report to management and Board
  • Propose the Department Annual Operational Plan


Qualifications
  • At least a Bachelor's degree in Accountancy, Finance, Islamic Banking & Finance, Shariah or any other equivalent & relevant qualification.
  • Any certification such as Chartered Banker (CB), CPA, CISA or CPIF will be an added advantage.
  • Possess strong knowledge & experience in either audit, compliance or Shariah review in banking or any other related financial institutions (takaful, research, regulatory organisation)
  • Ability to perform quality Shariah review & compliance on banking operation, products, process etc. within stipulated time
  • Well-versed in Arabic and Shariah disciplines will be an added advantage.
  • Possesses strong interpersonal skill, analytical skill, high integrity and creative in seeking information