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    OC

    Ocbc

    Banking

    Head of Shariah Review

    MAL-Menara OCBC, MalaysiaOn-SiteFull-timePosted 1w ago
    All Ocbc jobs

    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 Summary

    • To lead the department, provide guidance and necessary direction in discharging the role and responsibilities in performing review on shariah related areas.
    • To drive the achievement of objectives of shariah review exercise which shall cover the activities and operations of the bank to assess the level of compliance with the relevant shariah requirements.

    Responsibilities:

    KEY BUSINESS

    Independent Review Function

    Provide leadership, guide and oversight the following key activities of the department:

    • Regular reviews on all activities, business operations, affairs and conduct of the Bank to assess level of compliance with Shariah rules and principles.

    OPERATIONAL

    • Manage operating expenses within the budget allocation and supervise/administer the day-to-day operations of the department to ensure compliance with internal control requirements set.
    • Strengthen the talent pool; manage attrition rate and the necessary compulsory training and awareness program to staff.
    • Ensure timely and accurate submission of relevant information to internal & external stakeholders, to the extent applicable.
    • Promote Shariah/Islamic finance awareness across the bank and participate in engagement with academia/public community.

    CONTROLS (i.e., Risk/Compliance/Audit)

    • Ensure no significant/severe breaches to shariah requirements and AML/CFT that can lead to penalty or reprimand.
    • Ensure operations of the department are maintained within the internal control disciplines measures by regulators and within the ‘pass rate’ rating set by internal audit.
    • Strengthen the necessary control awareness for the department related to operational risk, AML/CFT and other regulatory requirements.
    • Ensure appropriate and proper conduct when dealing with customers.
    • Cooperate in promoting compliance and risk cultures within group.

    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.
    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. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

    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.

    Job details are sourced from the employer's original posting.

    Open job posting
    OC

    About the company

    Ocbc

    OCBC is a Singaporean bank dedicated to enabling individuals and businesses to achieve their aspirations. They provide support, services, solutions, and career paths to meet individual needs.

    View all Ocbc jobs
    Industry
    Banking
    Founded
    1932
    Open roles
    1439

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