For Recruiters

Manager, Syariah Compliance & Review

FWD
Kuala Lumpur, Malaysia
Posted 29 days ago Permanent Competitive
Manager, Syariah Compliance & Review
About FWD
FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.
FWD is focused on creating fresh customer experiences, with easy-to-understand and relevant products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance. Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group.
Launched in Malaysia on 29 June 2019, FWD Takaful Berhad (Company No. 200601011780 ) is FWD Group's inaugural Takaful business - a partnership between FWD Life Insurance Company (Bermuda) Limited (an FWD Group company), JAB Capital Berhad and Employee Provident Fund Board of Malaysia (EPF).
If you are looking for a career which can fuel your inspiration and cultivate your expertise, join us on our exciting journey!

KEY ACCOUNTABILITIES
  • Identify, assess and monitor the compliance of FWD's business operations and activities with Shariah.
  • Report to the Board, Shariah committee and senior management regularly on Shariah non-compliance issues and findings.
  • Inform and provide updates to the board, Shariah committee and senior management on the latest developments in legal and regulatory requirements in Islamic finance, especially in relation to issuance of the Shariah Advisory Council's ruling.
  • Ensure adequate training and guidance are provided to the officers of an IFI on relevant Shariah requirements governing the IFI's operations, business, affairs and activities.
  • Produce Shariah review reports at least quarterly to Management and Shariah committees on the effectiveness of implementation and embedding of the Shariah Governance Framework and policies including progress against the annual Shariah review plan.
  • Liaise with regulators and industry bodies and participate, where possible, in industry meetings to ensure knowledge exchange about Shariah regulations and to improve Shariah compliance risk management knowledge.
  • Provide support to compliance team for Anti- Bribery project.
  • Member of MTA Shariah Non-Compliance (SNC) Parameter Review Working Committee.

QUALIFICATIONS / EXPERIENCE
  • Degree in Shariah/Law/ Accounting or any relevant fields.
  • Minimum 5 years of experience in Control Function (Compliance/Risk/Audit) or Shariah related functions.
  • Sound understanding of relevant Shariah requirements applicable to Islamic financial business.

KNOWLEDGE & TECHNICAL SKILLS

  • Excellent communication and inter-personal skills, with experience of dealing with executives at all levels including the capacity to articulate the case for risk management and policy in the language of business.
  • Experience of interpreting and analysing a large volume of information and / or data and provide succinct summary for management.
  • Strong team-player attitude.
  • Consistent follow-through in ensuring corrective or mitigating actions are put in place or closed out.
  • Pro-active in identifying Shariah compliance issues or developing appropriate recommendations/ solutions
Job ID  R-0014696
More Jobs From FWD
FWD
Assistant Manager, Accounting & Reporting
FWD
Kuala Lumpur, Malaysia
about 1 month ago Full time Competitive
FWD
Manager, Business Analyst
FWD
Kuala Lumpur, Malaysia
about 1 month ago Full time Competitive
FWD
Assistant Manager, Business Analyst
FWD
Kuala Lumpur, Malaysia
about 1 month ago Full time Competitive
FWD
Manager, Finance
FWD
Kuala Lumpur, Malaysia
about 1 month ago Full time Competitive
FWD
Assistant Manager / Manager, Data Analytics
FWD
Hong Kong
15 days ago Full time Competitive
FWD
Senior Manager / Manager (Compensation Team), Tied Agency
FWD
Hong Kong
1 day ago Full time Competitive
FWD
Manager (Investment Accounting), Finance
FWD
Hong Kong
5 days ago Full time Competitive
FWD
Senior Analyst (IT Security Assurance), Information Technology
FWD
Hong Kong
5 days ago Full time Competitive
FWD
System Analyst (Data Engineer), Information Technology
FWD
Hong Kong
11 days ago Full time Competitive
More Jobs Like This
FWD
Manager, Business Analyst
FWD
Kuala Lumpur, Malaysia
FWD
Assistant Manager, Business Analyst
FWD
Kuala Lumpur, Malaysia
FWD
Manager, Finance
FWD
Kuala Lumpur, Malaysia
Industrial and Commercial Bank of China (Asia) Limited
Assistant Manager to Senior Manager, Credit Compliance & Accountability Review, CMD
Industrial and Commercial Bank of China (Asia) Limited
Hong Kong