If you are looking to excel and make a difference, take a closer look at us…
To lead the Shariah Review function of the Bank as required by BNM Shariah Governance Framework (SGF). Shariah Review refers to a function that conducts regular assessment on Shariah compliance in the activities and operations of the Bank by qualified Shariah officer with the objective of ensuring that the activities and operations carried out by the Bank do not contravene with the Shariah principles. The function involves examining and evaluating the Bank’s level of compliance to Shariah, remedial rectification measures to resolve Shariah non-compliances and control mechanism to avoid recurrences.
Functional (job responsibilities)
The functional scope of Shariah Review shall cover the overall business operations, including the end-to-end product development process, which start from product structuring to product offering. To lead the Shariah review process shall cover, but is not limited to, the following:
- To plan the Shariah Review Plan which includes the objectives, scope, reporting, rectification and follow- up actions followed by ensuring the execution of the Shariah Review Plan.
- To review documentation of the processes involved in the review.
- To report and communicate the outcome of the review assignment and highlighting any non- compliances to the Shariah Committee and the management.
- To ensure rectification any instances of non-compliance with the Shariah to prevent such events from recurring.
- To ensure that all tasks are in compliance with the Bank relevant SOPs, BNM Operational Risk Policy Document requirements and all other relevant Standard/Guideline.
- To ensure that all regulatory and prudential requirements are being adhered to in managing the job functions and all regulatory reporting time lines, reporting accuracy are being complied with.
Managerial (team/group responsibilities)
- To ensure that all products, services, operations and transactions carried out by the Bank are in compliance with Shariah rules and principles at all times. Hence to ensure an end-to-end Shariah compliant control mechanism shall be established in all aspects of its business operations to ensure that all critical activities are Shariah-compliant.
Organizational (organizational responsibilities) including Strategic Cost Management and Financial Goals
- To ensure Bank’s business and activities are in compliance with relevant rules and regulations such as Islamic Financial Services Act 2013 and Central Bank of Malaysia Act 2009 and Shariah guidelines and resolutions issued by the Shariah Advisory Council (SAC) of BNM. This is to ensure that the Bank’s Shariah integrity is at its highest level at all times.
- To ensure adherence of Shariah compliance requirements in HLISB operations and activities.
Education/Qualification
- A qualified Shariah officer who holds at least a bachelor’s degree in Shariah, which includes study in Usul Fiqh (the origin of Islamic law) and Fiqh Muamalat (Islamic transaction/commercial law).
- Bachelor of Law Shariah (Hons.) - LL.B_S.
- Master Degree and PHD is an advantage.
- Minimum 5 years in Islamic banking industry & Islamic banking audit/review experience is an advantage.
- Good command in English, Arabic and Bahasa Malaysia. In addition, good presentation skill is an advantage.
- Shariah Scholars Intensive Programme (SiSIP - IBFIM) or Certified Islamic Financial Planner (CIFP – INCEIF) or Certified Shariah Adviser and Auditor (CSAA – AAOIFI) or Certified Shariah Advisor (CSA-ASAS) is an added advantage.
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
Top Skills
What We Do
Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Its merger with EON Bank Group in 2011 has further embedded its position as a core banking franchise with an expanded distribution network of more than 300 branches across the country.
With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture.
Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services
.JPG)
_2.png)
