Head of Shariah Review

OCBC Bank (Malaysia) Berhad; Malaysia; Vor Ort; MYR 120.000 - 180.000; Vollzeit

Zusammenfassung

OCBC Bank (Malaysia) Berhad is seeking a leadership role to oversee Shariah review activities, ensuring compliance with Shariah principles across the bank’s operations. You will guide the department, drive reviews, and interact with regulators and stakeholders to uphold risk and compliance standards.

The role focuses on managing the Shariah review function, strengthening internal controls, and promoting Shariah awareness within the organization and broader community in Malaysia.

Aufgaben

• Regular reviews on all activities, business operations, affairs and conduct of the Bank to assess level of compliance with Shariah rules and principles.
• Manage operating expenses within the budget allocation and supervise/administer the day-to-day operations of the department to ensure compliance with internal control requirements.
• Strengthen the talent pool; manage attrition rate and the necessary compulsory training and awareness program to staff.
• Ensure timely and accurate submission of relevant information to internal & external stakeholders, to the extent applicable.
• Promote Shariah/Islamic finance awareness across the bank and participate in engagement with academia/public community.

Jobbeschreibung

Who we are

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Job Summary

• To lead the department, provide guidance and necessary direction in discharging the role and responsibilities in performing review on shariah related areas.
• To drive the achievement of objectives of shariah review exercise which shall cover the activities and operations of the bank to assess the level of compliance with the relevant shariah requirements.

Responsibilities:

KEY BUSINESS

Provide leadership, guide and oversight the following key activities of the department:

• Regular reviews on all activities, business operations, affairs and conduct of the Bank to assess level of compliance with Shariah rules and principles.

OPERATIONAL

• Manage operating expenses within the budget allocation and supervise/administer the day-to-day operations of the department to ensure compliance with internal control requirements set.
• Strengthen the talent pool; manage attrition rate and the necessary compulsory training and awareness program to staff.
• Ensure timely and accurate submission of relevant information to internal & external stakeholders, to the extent applicable.
• Promote Shariah/Islamic finance awareness across the bank and participate in engagement with academia/public community.

CONTROLS (i.e., Risk/Compliance/Audit)

• Ensure no significant/severe breaches to shariah requirements and AML/CFT that can lead to penalty or reprimand.
• Ensure operations of the department are maintained within the internal control disciplines measures by regulators and within the ‘pass rate’ rating set by internal audit.
• Strengthen the necessary control awareness for the department related to operational risk, AML/CFT and other regulatory requirements.
• Ensure appropriate and proper conduct when dealing with customers.
• Cooperate in promoting compliance and risk cultures within group.

What we offer

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC Bank, is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 201

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly‑owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al‑Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non‑Muslims alike.