Assistant Manager, Shariah Risk MY Regional Asset Quality MY
full-time•Kuala Lumpur
About this role
Business Performance and Management
- Review and validate Shariah-related Risk Management Tools (CET, LED, CIM, and KRI) to ensure alignment with Shariah Non-Compliance requirements.
- Prepare, review, and validate the listing of Shariah issues reported by Business Units/Business Enablers via the ShARP/GRC system.
- Coordinate and validate the annual RCSA Refresh exercise and Material Risk Assessments submitted by Business Units/Business Enablers.
- Formulate and maintain a validated list of Shariah Non-Compliance risks registered in the ShARP/GRC system.
- Review and validate Policies and Procedures submitted by Business Units/Business Entities to ensure Shariah requirements are properly embedded in Islamic business operations.
- Monitor, prepare, and review Shariah Non-Compliance risk events as declared by the Board Shariah Committee.
- Compile and prepare monthly departmental reports, including data collection from various stakeholders.
- Liaise and communicate effectively with Business Units/Business Enablers to support Shariah risk-related matters.
- Ensure all tasks are completed accurately and within the agreed turnaround time.
- Perform additional duties as assigned by Management from time to time.
People Management
- Engage with the Team Manager to discuss and resolve work-related issues in a timely and constructive manner.
- Foster a collaborative and respectful working environment by building positive relationships with colleagues.
Regulatory Compliance
- Ensure full adherence to internal Standard Operating Procedures (SOPs), Policies, and Procedures related to Shariah compliance.
- Comply with all relevant regulatory requirements such as:
- Islamic Financial Services Act (IFSA) 2013 – governing the conduct of Islamic financial business and ensuring Shariah compliance across operations.
- Shariah Governance Policy Documents – outlining the roles and responsibilities of the Islamic financial institutions’ Board, Shariah Committee, and Management in maintaining a robust Shariah governance framework.
- Other applicable internal and external guidelines – including rulings from the Shariah Advisory Council (SAC) of Bank Negara Malaysia
- Maintain a sound and effective Shariah governance structure that supports end-to-end Shariah compliance in all Islamic business activities within the CIMB Group
Other facts
Tech stack
Shariah Compliance,Risk Management,Policy Review,Data Collection,Team Collaboration,Regulatory Compliance,Shariah Governance,Reporting,Communication,Risk Assessment,Problem Solving,Validation,Collaboration,Management,Islamic Finance,Shariah Issues
About CIMB Group Malaysia
CIMB Group is a leading focused ASEAN bank and one of the region’s foremost corporate advisors. It is also a world leader in Islamic finance. The Group is headquartered in Kuala Lumpur, Malaysia, and offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. It is the fifth largest banking group by assets in ASEAN and, as at the end of March 2022, had around 33,000 staff and over 18 million customers.
What you'll do
- The Assistant Manager will review and validate Shariah-related risk management tools and ensure alignment with Shariah Non-Compliance requirements. They will also prepare reports, coordinate risk assessments, and liaise with business units on Shariah risk matters.
Ready to join CIMB Group Malaysia?
Take the next step in your career journey
Frequently Asked Questions
What does a Assistant Manager, Shariah Risk MY Regional Asset Quality MY do at CIMB Group Malaysia?
As a Assistant Manager, Shariah Risk MY Regional Asset Quality MY at CIMB Group Malaysia, you will: the Assistant Manager will review and validate Shariah-related risk management tools and ensure alignment with Shariah Non-Compliance requirements. They will also prepare reports, coordinate risk assessments, and liaise with business units on Shariah risk matters..
Why join CIMB Group Malaysia as a Assistant Manager, Shariah Risk MY Regional Asset Quality MY?
CIMB Group Malaysia is a leading Banking company.
Is the Assistant Manager, Shariah Risk MY Regional Asset Quality MY position at CIMB Group Malaysia remote?
The Assistant Manager, Shariah Risk MY Regional Asset Quality MY position at CIMB Group Malaysia is based in Kuala Lumpur, Kuala Lumpur, Malaysia. Contact the company through Clera for specific work arrangement details.
How do I apply for the Assistant Manager, Shariah Risk MY Regional Asset Quality MY position at CIMB Group Malaysia?
You can apply for the Assistant Manager, Shariah Risk MY Regional Asset Quality MY position at CIMB Group Malaysia directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about CIMB Group Malaysia on their website.