Manager, Shariah Risk

Details of the offer

Compliance & Risk (Banking & Financial Services)
Full time
Facilitate the implementation of Operational Risk Management frameworks within the BPMB Group.
Develop, review, and enhance Shariah Risk Management (SRM)-related guidelines, policies, and procedures to ensure robust risk management practices.
Risk Monitoring and Reporting:Gather, analyze, validate, and maintain Shariah Non-Compliance (SNC) data from Business and Support Functions, including Key Risk Indicators (KRI), Risk & Control Self-Assessment (RCSA), and SNC event reporting.
Identify and assess SNC risks in new and enhanced products, processes, and systems, recommending appropriate controls and mitigations.
Prepare comprehensive reports on the Group's risk exposure, including mitigation measures, for Management and the Shariah Committee.Advisory and Compliance:Provide advisory support to Business and Support Functions on Shariah Risk Management matters.
Ensure SRM implementation complies with all regulatory requirements and internal standards.
Coordinate and monitor the execution of mitigation measures and action plans approved by Management.Training and Awareness:Develop awareness programs to educate staff on SRM, operational risk tools, and methodologies.
Conduct training sessions to promote a strong risk culture and enhance Shariah knowledge within the organization.Regularly review and improve existing operating procedures, internal controls, and SRM initiatives.
Provide feedback and recommendations on product proposals, process enhancements, and system implementations from a Shariah Risk perspective.
Job Requirements
Educational Background:Bachelor's Degree in Finance, Islamic Finance, Islamic Banking, Shariah Law, or a related discipline from a recognized university.Work Experience:Minimum 10 years of relevant experience, preferably in banking operations and risk management.Skills and Competencies:Strong analytical, interpersonal, and communication skills.
Excellent verbal and written proficiency in English and Bahasa Melayu.
Self-motivated and capable of working independently.
Proficiency in developing and delivering impactful presentations.Additional Requirements:Knowledge of Islamic banking practices and regulations.
Commitment to attending relevant training programs and certifications to strengthen SRM expertise.#J-18808-Ljbffr


Nominal Salary: To be agreed

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