Assistant Manager, Shariah Risk MY Regional Asset Quality MY at CIMB Group Malaysia

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

21 Apr, 26

Salary

0.0

Posted On

21 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

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

Industry

Banking

Description

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

Responsibilities

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.