Audit Assistant Manager – Takaful/Shariah

Sun Life Malaysia Assurance Berhad; Kuala Lumpur; On-site; MYR 80,000 - 100,000; Full time

Job summary

A leading insurance provider in Kuala Lumpur is seeking an Audit Assistant Manager to assist with internal control assessments and Takaful audits. The ideal candidate will have a Bachelor's degree in Finance or a related field, and at least 5 years of experience in Shariah audit or compliance. Strong analytical and communication skills are essential, along with the ability to effectively manage audits and report findings. The role offers a dynamic work environment and opportunities for professional development.

Qualifications

• Minimum 5 years of audit experience in Shariah Compliance.
• Good command of Shariah rulings on muamalat.
• Strong interpersonal and relationship-building skills.

Responsibilities

• Execute Takaful operational and Shariah audits.
• Assist in the preparation of the annual audit plan.
• Prepare audit reports and discuss remedial actions.

Skills

Shariah compliance knowledge

Analytical skills

Communication skills

Team player

Time management

Education

Bachelor’s Degree in Finance/Islamic Finance/Economy

Chartered Islamic Finance Professional (CIFP)

Certified Professional in Shariah Audit (CPSA)

Tools

Audit tools

MS Office

Job description

Audit Assistant Manager – Takaful/Shariah

The individual will assist in providing Management, Shariah Committee and the Audit Committee with an objective, independent assessment of the internal control systems for SLMT business through planning and execution of audit assignments. The individual will also add value to management by providing appropriate business-oriented recommendations. He/she will assist the Chief Internal Auditor with delivery of the overall audit plan and reporting to Audit Committee, Shariah Committee, and management.

Responsibilities

• Execute Takaful operational and Shariah audits and evaluate the adequacy of controls according to established schedule and requirements. This includes the following:
• Assisting in the preparation of the overall annual audit plan and schedules, the audit reports, and fulfil other regional or local reporting requirements.
• Assist in conducting the operational and Shariah risk and control assessments to identify significant risks and the corresponding controls available.
• Delivery of the overall audit plan and reporting to Audit Committee, Shariah Committee, and management.
• Prepare audit reports and participate in discussion of issues and remedial action plans with the appropriate levels of management. This includes the following:
• Analyze the audit results and conclude the design and operating effectiveness of the internal controls.
• Following-up management’s remedial actions on audit findings and verify whether the actions mitigate the risk identified. Document follow-up activities appropriately.
• Take the initiative in improving self through classroom and on-the-job trainings.
• Perform other responsibilities and duties periodically assigned by the Chief Internal Auditor in order to meet operational and/or other requirements, including attending the Shariah Committee meeting as the permanent invitee.

Requirements

• Minimum requirement of Bachelor’s Degree in Finance/Islamic Finance/Economy or any other related field.
• Professional certificates such as, Chartered Islamic Finance Professional (CIFP) or Certified Professional in Shariah Audit (CPSA) will be an added advantage.
• Minimum 5 years of internal/external audit experience of Shariah Audit or Shariah Compliance or 7 years of experience in the Insurance/Takaful or a related industry.
• Good command of Shariah rulings on muamalat (transactions) and finances.
• Knowledge with audit tools and other software and MS Office, intermediate knowledge on IT.
• Good command of both spoken and written English.
• Good team player who is committed to achieve results.
• Ability to work under pressure and meet milestones within time, cost and quality constraints.
• Strong analytical, written/verbal communication, interpersonal, and relationship building skills.
• Ability to adapt to changes quickly and multi-task.