Shariah Manager / Assistant Vice President

Description

• Provide day-to-day advisory support on Shariah matters to relevant parties within OCBC based on the rulings of the SAC of BNM and decisions by the Shariah Committee of the bank.
• Provide support to Product Developer in structuring Islamic banking products and services.
• Review documentation and marketing collaterals in relation to products and services.
• Provide Shariah advisory support in structuring Islamic capital market instrument including reviewing its documentation in bank’s capacity as Shariah Adviser.
• Conduct research based on Shariah literatures to support new product submission to BNM, Shariah Committee pronouncement and other areas as requested by Shariah Committee.
• Coordinate and manage Islamic social finance fund such as Zakat and other funds that require to be channeled to charity as endorsed by Shariah Committee.
• Coordinate collaboration with implementation partners (Zakat authority, NGOs, social enterprises, academia) to create greater impact to the society through utilisation of Zakat fund.
• Provide secretarial and administrative support when needed for effective functioning of Shariah Committee.
• Collaborate with OABB Learning & Development to conduct training on Shariah related guidelines or Shariah Committee’s decisions.
• Serve as an effective member in NPAP (Functional Specialist) and Working Group on Al-Amin Product.
• Actively participate as bank's representative in committees/working groups coordinated by AIBIM or other relevant parties.

Qualifications - External

• Proven experience of at least 5 years in the Islamic finance industry, preferably in a Shariah function in accordance with the Shariah governance of BNM.
• Degree from a recognized university or professional qualification with a foundation in Usul al-Fiqh and Fiqh al-Muamalat. A degree or qualification in law is a definite advantage.
• Strong understanding of Islamic commercial law and its application in banking operations, products, and services.
• Ability to review legal documentation and good understanding of laws and regulations on Islamic finance in Malaysia.
• Ability to strike a balance between Shariah principles and business expectations. Flexible in applying Shariah requirements to current contemporary Islamic banking instruments and addressing related issues.
• Excellent analytical and research skills, with attention to detail and a methodical approach to problem-solving.
• Excellent written, communication, and presentation skills in English. Proficiency in Arabic is an advantage.
• Self-starter who can prioritize and manage multiple work streams.