Shariah Compliance Lead

Shariah Compliance Lead

Key Accountabilities:

1. Perform review and Shariah-related assessments for BAU activities including, but not limited to, product development, projects, initiatives, ad hoc requests from business units/regulators, management of Shariah Non-Compliance events, regulatory change reviews, Compliance Risk Assessments, yearly planning, involvement in Self Operational Risk Assessments, BNM attestation, etc.
2. Report updates related to Shariah Compliance to the local management committee, the Shariah Committee, Audit Committee, Board, and Regional/Group Compliance.
3. Perform Shariah assurance activities based on the annual Shariah Compliance Plan.
4. Support the Compliance team in preparing continuous improvement projects/initiatives and ad-hoc projects until implementation.
5. Identify and engage with internal stakeholders to understand their mandates and ensure their involvement in relevant matters.
6. Ensure stakeholders are informed, understand, and support Compliance activities and priorities.
7. Share assurance activities’ results, agree on actions with management and stakeholders, and follow up on improvement actions.

Requirements:

• Minimum of 5 years of experience in the insurance or Takaful industry, with a focus on Shariah compliance.

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