Position: Senior Executive (Shariah), Internal Audit Department

Position: Senior Executive (Shariah), Internal Audit Department

Job Responsibilities:

• Ensure the strict alignment of all transactions, activities, services, and investments with established Shariah principles and guidelines.
• Contribute to the development of innovative financial products or services, ensuring their compliance with Islamic finance principles. Facilitate the necessary approvals from the Shariah Committee or Board.
• Recommend enhancements and refinements to existing policies and procedures, ensuring operational practices are in full compliance with Shariah principles and relevant internal regulatory frameworks.
• Conduct thorough reviews of Shariah and business-related documents or proposals submitted by stakeholders, ensuring their compliance prior to presenting them to the Shariah Committee.
• Oversee the systematic management, compilation, and summarization of the Shariah Committee’s decisions and resolutions, ensuring accurate records are maintained and escalated when necessary.
• Provide continuous and proactive support to business units and relevant staff, ensuring they possess the requisite knowledge and tools to uphold Shariah compliance in all business operations.
• Promptly report any instances of Shariah non-compliance to the relevant departments and escalate issues to the Shariah Committee or Board of Auditors and Risk Committee (BARC) as appropriate.

Job Requirements:

• Qualifications:
  • Must possess at least a bachelor’s degree, preferably in Shariah, Usul Fiqh / Fiqh Muamalat, Islamic Finance and Banking, or related disciplines from a university recognized by the Government of Malaysia.
  • Professional certifications related field would be an advantage.
  • Experience 3-5 years in Shariah compliance or a similar role within a financial institution or corporate setting.
  • Proven track record of working closely with Shariah Committees or similar governing bodies.
  • Experience in the development, review, and implementation of Shariah-compliant financial products and services.
• Skill
  • Strong understanding of Islamic finance principles, Shariah law, and their practical application in business operations.
  • Analytical Skills: Ability to review complex Shariah and business proposals, ensuring alignment with Islamic finance principles.
  • Integrity and adherence to ethical standards in all professional matters.
  • Ability to manage confidential and sensitive information with discretion.

Application closing date: 24 January 2025

Interested applicants may email resume to recruitment@pernas.my with the subject: Senior Executive (Shariah), Internal Audit Department