Head, Shariah Risk Management

About the Position

We are continuously scouting for the right talents to fill up the role of Head of Shariah Risk Management in our high-performance organisation.

Responsibilities

• Lead as the primary Single-Point-of-Contact (SPOC) with Bank Negara Malaysia (BNM) on Shariah Risk Management (SRM) matters.
• Champion the Shariah risk program and initiatives across the Group and subsidiaries.
• Represent Shariah Risk Management in critical committees such as Shariah Governance Working Group (SGWG), Shariah Committee (SC), Compliance & Risk Management Committees (CRMC), and Board Risk Management Committee (BRMC).
• Act as the Qualified Shariah Officer (QSO) for Shariah Risk Management.
• Lead risk assessments for new and existing products, programs, and operational processes from a Shariah risk perspective.
• Ensure all internal policies and procedures align with Shariah principles and regulatory requirements.
• Monitor and establish Key Risk Indicators (KRIs) specific to Shariah risks and conduct Scenario Analysis / Stress Testing.
• Oversee deep-dive investigations, risk control testing, and ad-hoc risk analysis for high-risk business areas.
• Drive the implementation of operational risk management tools such as Risk Control Self-Assessment (RCSA), Incident Management & Data Collection (IMDC), and Key Risk Indicators (KRIs).
• Cultivate a strong Shariah risk awareness culture within the Group and business units.
• Lead the development and execution of Shariah risk training programs, including e-learning initiatives via the GIEOM portal.
• Guide teams on risk methodologies, tools, and compliance frameworks to strengthen the organization’s Shariah risk governance.
• Ensure continuous improvement in risk management policies, tools, and reporting frameworks to meet BNM’s Shariah Governance Policy Document (SGPD).
• Advocate for Shariah compliance best practices and provide advisory support to senior management.

Requirements

Job Details

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