Senior Shariah Compliance & Review Specialist

Hong Leong Bank; Malaysia; On-site; MYR 120,000 - 180,000; Full time

Job summary

Hong Leong Bank in Malaysia seeks a Shariah Review professional to conduct periodic and thematic reviews according to the approved plan, assessing activities against Shariah and regulatory requirements, and reporting findings to management and the Shariah Committee.

The role emphasizes independence, stakeholder collaboration, and ongoing enhancement of review methodology within a digitally driven banking environment.

Responsibilities

• Conduct periodic and thematic Shariah reviews in accordance with the approved Shariah Review Plan, including scoping, risk assessment, walkthroughs, sampling, testing, documentation and reporting of review results.
• Assess business activities, products, services, transactions, operational processes and controls against applicable Shariah requirements, regulatory requirements, Shariah Committee rulings and approved internal policies and procedures.
• Perform fact-finding and preliminary assessment of potential Shariah issues, including gathering supporting evidence, establishing the chronology and circumstances of the event, engaging relevant stakeholders and supporting the determination and escalation of potential Shariah non‑compliance (SNC) events.
• Develop clear, evidence‑based review observations and recommendations, communicate findings to relevant stakeholders and prepare Shariah Review reports and management/committee updates.
• Monitor and validate corrective and preventive actions arising from Shariah Review findings and SNC events to ensure identified gaps are appropriately addressed within agreed timelines.
• Keep abreast of relevant BNM policy documents, SAC rulings, Shariah Committee decisions and other applicable regulatory developments, and assess their implications on Shariah Review coverage and methodology.
• Support the maintenance and analysis of Shariah compliance/SNC data, dashboards, risk indicators and trend analysis to identify emerging or recurring areas of Shariah risk.
• Contribute to the continuous enhancement of Shariah Review methodology, checklists, assessment tools, procedures, data and technology‑enabled review processes.
• Work collaboratively with Business Units, Shariah Advisory, Compliance, Risk, Internal Audit and other relevant stakeholders while maintaining the independence and objectivity of the Shariah Review function.
• Support Shariah compliance awareness, knowledge‑sharing and training initiatives by communicating key review observations, recurring issues and lessons learned, where appropriate.

Job description

Hong Leong Bank in Malaysia seeks a Shariah Review professional to conduct periodic and thematic reviews according to the approved plan, assessing activities against Shariah and regulatory requirements, and reporting findings to management and the Shariah Committee.

The role emphasizes independence, stakeholder collaboration, and ongoing enhancement of review methodology within a digitally driven banking environment.