CAO - Shariah Compliance Officer - AVP

Job Description:

Details of the Division and Team:

You will be a member of the Compliance team providing support and mainly responsible for the Shariah matters of the bank.

The Compliance Department seeks to protect the Bank’s licenses to operate and enforcing adherence with the laws, regulations, rules, the expectations of the regulators and driving a culture of compliance and ethical conduct of the Bank. Compliance aims to provide an independent, proactive and forward-looking challenge and advice to the Senior Management, Shariah Committee as well as the employees.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible work arrangement
• Corporate group insurance
• EAP – free and confidential counseling, online work-life resources
• Comprehensive leave benefits

Your key responsibilities:

• Responsible for Compliance matters, including the Shariah compliance related to Deutsche Bank (Malaysia) Bhd and its related entities in Malaysia.
• Responsible to ensure that internal compliance policies and regulatory requirements are adhered to within Malaysia, through advisory work, monitoring procedures, processes, raising awareness initiatives or in-house training sessions.
• To advice the Board, Shariah Committee, Senior Management and the internal stakeholders on legal and regulatory requirements related to Shariah Governance. This includes keeping them informed on the development affecting legal and regulatory requirements, providing them with an assessment of the implications related to compliance risk profile and the capacity to manage the compliance risk.
• Responsible in managing the non-compliance risk by performing the on-going Shariah Compliance review as per the BNM Shariah Governance Framework, assist in other applicable reviews and monitoring related to the core banking products.
• Responsible to keep abreast of new products, technologies and applications as well as their implications for respective business areas.
• Responsible in ensuring that adequate Shariah related training is provided to the employees on relevant legal and regulatory requirements governing the activities of the bank.
• To support and responsible for other ad hoc duties or project as assigned from time to time.

Your skills and experience:

• 4-5 years’ experience in a similar role within the financial services. A robust understanding of the Shariah Governance framework, principles and practices with relevant experiences in the Compliance roles.
• It will be an advantage if the candidate holds at least a bachelor’s degree in Shariah, which includes study in UsulFiqh (the Origin of Islamic Law) and FiqhMuamalat (Islamic transaction/commercial law)
• Strong teamwork, excellent communications skills in both written and verbal.
• Self-starter with the ability to work independently with minimum guidance and the ability to demonstrate initiative.

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career

About us and our teams:

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Deutsche Bank & Diversity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.