Senior Shariah Review Leader

Hong Leong Bank Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Hong Leong Bank Berhad is seeking a dedicated Shariah Review professional to support independent assessment of business activities, products, and operations for Shariah compliance and regulatory alignment.

You will conduct periodic reviews, assess SNC events, document findings, and monitor corrective actions, while engaging stakeholders with independence and objectivity to uphold the bank’s Shariah governance framework.

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 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 Berhad is seeking a dedicated Shariah Review professional to support independent assessment of business activities, products, and operations for Shariah compliance and regulatory alignment.

You will conduct periodic reviews, assess SNC events, document findings, and monitor corrective actions, while engaging stakeholders with independence and objectivity to uphold the bank’s Shariah governance framework.