Manager, Shariah

If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. Representing the largest global Islamic financial services team of any international bank, HSBC Amanah provides a full suite of innovative Islamic products and services to retail and corporate customers around the world. Complementing HSBC’s comprehensive range of global banking and financing solutions, HSBC Amanah leverages the Group’s international experience and expertise in Islamic finance to best serve the growing demand for this viable alternative to conventional financing in Malaysia. We are currently seeking an ambitious individual to join our HSBC Amanah team in the role of Manager, Shariah , working together with colleagues to define, manage and achieve divisional business targets. The Manager, Shariah Review, is the executive accountable and responsible to the Head of Shariah Review to support the Shariah department’s Shariah Review function and execute its duties to the satisfaction of the requirements in Principle 7 (i) of BNM Shariah Governance Framework; as well as related Shariah Risk Stewardship responsibilities under the HSBC Risk Management Framework, in HBMS as well as across other 100% owned HSBC entities in MYH that are regulated by BNM or by the Securities Commission. The jobholder is expected to assist in transforming the Shariah Review team’s activities to meet Shariah Risk Stewardship responsibilities for regular assessment of Shariah compliance in the business, operation, affairs and activities carried out by the First Line of Defense. In addition, being the team member of Shariah review, the jobholder is also expected to organize and manage the Shariah Review Plan including the team’s engagement with the relevant parties, assessment on the staff knowledge and banking operations and provides report accordingly. The jobholder will be reporting to the Head of Shariah Review who is the designated Shariah Review team leader. The jobholder has also a proactive role in supporting the Head of Shariah Review, in participating the Bank’s Strategic Priorities and ad hoc initiatives by providing thought leadership as Subject Matter Expert in Islamic Banking and Shariah Compliance – a critical success factor for the Bank.

• Proactively engage as a delegate of the Shariah Risk Steward with stakeholders to facilitate Shariah Review activities.
• Assisting the Head of Shariah Review on ensuring that the Shariah Review function conducts independent review and challenge on the appropriateness of risk management activities undertaken by First LOD.
• Identify any Group/Regional requirements which may impact entity Risk Stewardship and compliance with local regulatory requirements.
• Other assignments.
• Proactively support HBMS’ strategy and objectives within the entity from Shariah review and Islamic banking aspects.
• Represent HSBC in matters relating to the role holder’s areas of responsibility with regulators, clients and other third parties, as delegated by Head of Shariah Review.
• Represent the entity across the Country and also the wider HSBC Group, as delegated by Head of Shariah Review.
• Protect the HSBC brand in the entity by challenging behavior that may expose the brand to regulatory, consumer or media criticism.

Requirements:

• Preferably with a degree in Shariah or its equivalent.
• Minimum of 2 years' experience, preferably in Shariah.
• Excellent communication and interpersonal skills.
• A team player who is self-motivated and results-oriented.
• Ability to engage challenging stakeholders.
• Obtained adequate skill in conducting Shariah review and compliance.
• Well-organised and meticulous.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritized. When applying, please submit a full resume and attach your appraisal reports for the last two years. Your local internal application policy should also be followed. For internal applicants with less than eighteen months in their current role, please also obtain and enclose line manager endorsement in the application. Opening up a world of opportunity. HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. #J-18808-Ljbffr