Executive recruitment company Monroe Consulting Group Malaysia's Professional Division is recruiting on behalf of an established independent statutory body that upholds the stability of the financial system. Our esteemed client is seeking a Senior Manager / Manager, Shariah.
Responsibilities:
Reporting to the Head of Shariah and Sustainable Development Department and the candidate is required to:
- Provide independent support to Management by carrying out Shariah advisory and review function in ensuring Shariah compliance with respect to the intervention and failure resolution of Islamic members institutions (i.e. Islamic banks and takaful operators), as well as the administration of the Islamic Deposit Insurance System ('IDIS") and the Takaful Benefits Protection System ("TBPS");
- Seek Shariah advice from the Shariah Advisory Council of Bank Negara Malaysia or other Shariah authorities on Shariah related matters for the intervention and failure resolution of Islamic member institutions as well as the administration of IDIS and TBPS, including preparing research for seeking the advice and performing Secretariat function to administer and manage the advice;
- Assist the Head of SSD in developing Shariah-related policies relating to the intervention and failure resolution of Islamic member institutions as well as the administration of IDIS and TBPS;
- Serve as a reference point on IDIS, TBPS and Islamic finance (including Shariah); and provide advice to other divisions in conducting research, discussing issues and developing policy recommendations related to the areas; and
- Conduct surveillance on Islamic finance-related developments (including Shariah) locally and globally, especially the developments that may have impacts to the intervention and failure resolution of Islamic member institutions as well as the administration of IDIS and TBPS.
Requirement:
- Possess at least degree in Shariah (or any equivalent degree in this area) with specific study in Usul Fiqh and Fiqh Muamalat. Additional certification of other disciplines such as business, finance, accounting or economic will be an advantage;
- Have at least 10 years working experience in functions related to Shariah in Islamic finance industry or regulatory body, e.g., Shariah secretariat, Shariah research and advisory, Shariah review, Shariah audit or policy development;
- Well-versed with the Islamic finance industry developments locally and globally;
- Knowledge of the regulatory and legal framework of the Islamic financial services industry;
- Demonstrate technical competency and sound professional judgment;
- Strong research orientation with flair of writing; and
- Self-driven and inquisitive.
