Shariah Audit

OCBC Malaysia; Malaysia; On-site; MYR 120,000 - 200,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Community initiatives

Learning & development

Wellbeing

Job summary

OCBC Malaysia seeks an experienced Shariah Audit professional to lead risk-based audits within Islamic banking. Report to the Head of Shariah Audit, you will assess controls, investigate issues, and guide audit projects with business and support units.

Requirements include a degree in Shariah/Islamic Banking or related qualifications, at least 5 years in Islamic banking audit, data analytics capability, and strong English writing. Willingness to travel and collaborate across teams is essential.

Qualifications

• Degree in Shariah/Islamic Banking or related professional qualifications.
• At least 5 years of audit experience in Islamic banking and finance.
• Ability to use data analytic tools and perform data analytics.

Responsibilities

• Assess business risks and evaluate internal control effectiveness within auditable Islamic banking units.
• Conduct investigations as requested by management.
• Plan and execute audit works including internal controls review, risk management review, investigation and product review.
• Participate in projects and provide advisory services to Business and Support Function Units regarding operational matters.
• Prepare audit reports and presentations on findings and recommendations to management and Board Audit Committee.
• Track audit and regulatory issues.
• Provide Shariah audit support to other audit teams.

Skills

Data analytics

Interpersonal skills

English writing

Communication in English

Education

Degree in Shariah/Islamic Banking

Professional qualifications in Islamic Banking & Finance

Certified Shariah Auditor

Tools

Audit software

Excel

Word

PowerPoint

Job description

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 Roles & Responsibilities:

• Report to Head of Shariah Audit Department
• Assess business risks and evaluate the effectiveness and adequacy of internal control systems within auditable units of Islamic banking portfolio.
• Conduct investigations as and when requested by management.
• Plan and execute audit works including internal controls review, risk management review, investigation and product review, using risk-based audit methodology.
• Participate in projects and provide advisory services to Business and Support Function Units with regards to operational matters.
• Prepare audit reports and presentations on audit findings and recommendations to management and Board Audit Committee.
• Track audit and regulatory issues.
• Provide Shariah audit support to other audit teams.

Job Requirements

• Possess a degree in Shariah/ Islamic Banking, related professional qualifications in Islamic Banking & Finance or certified Shariah Auditor.
• Possess at least 5 years of audit experience in Islamic banking and finance industry.
• Banking operations and/ or Shariah risk management knowledge will be an added advantage.
• Has the ability to use data analytic tools and perform data analytics
• Good interpersonal skills and ability to work as a team.
• Possess good work attitude and be able to respond positively to change.
• Good writing skill in English is essential as work involves report writing.
• Able to converse well in English.
• Willing to travel outstation from time to time.
• Knowledge of PC software skill such as: data analytic tools, Words Document, Excel Spreadsheet, Power Point and audit software.

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.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Let’s build the bank we need for the future we want.

Find the best version of yourself in a friendly, supportive team.

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

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly‑owned subsidiary, Bank of Singapore, which operates on a unique open‑architecture product platform to source for the best‑in‑class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.