Shariah Advisory

Reposted 8 Days Ago
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Hiring Remotely in Kampong Lee Rubber, WP. Kuala Lumpur, Kuala Lumpur
Remote
Senior level
Financial Services
The Role
Provide Shariah advisory support, conduct research, collaborate in training, engage in product development, and represent the bank in relevant committees.
Summary Generated by Built In
WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

  • Provide day-to-day Shariah advisory support to relevant parties within OCBC based on the rulings of the SAC of BNM and decisions by the Shariah Committee of the bank. These includes providing support to Product Developer in structuring Islamic banking products, reviewing documentation and structuring Islamic capital market instrument.
  • Conduct research based on Shariah literatures to support new product submission to BNM, Shariah Committee pronouncement and other areas as requested by Shariah Committee.
  • Provide secretarial and administrative support when needed for effective functioning of Shariah Committee.
  • Collaborate with OABB Learning & Development to conduct training on Shariah related guidelines or Shariah Committee’s decisions.
  • Serve as an effective member of Functional Specialist under New Product Approval Process and Working Group on OCBC Al-Amin Product.
  • Actively participate as bank's representative in committees/working groups coordinated by AIBIM or other relevant parties.

Educational Requirement:
As required by BNM’s Shariah governance, candidates must have a recognized qualification with a solid foundation in Usul al-Fiqh and Fiqh al-Muamalat. A legal background is an added advantage.

Experience:
At least 5 years of experience in the Islamic banking industry, with direct involvement in Shariah functions and conducting Shariah-related research. Demonstrated exposure to Islamic capital markets, syndicated financing and legal document review.

Shariah-Business Integration:
Able to balance Shariah principles with business needs and apply Shariah requirements flexibly to modern Islamic banking practices.

Tech-Savviness:
Demonstrates adaptability to digital tools and emerging technologies. Familiarity with AI applications, data analytics or financial technology solutions in Islamic finance is an added advantage.

Communication Skills:
Excellent written, verbal, and presentation skills in English. Proficiency in Arabic is an added benefit.

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Top Skills

Ai Applications
Data Analytics
Financial Technology Solutions
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The Company
0 Employees
Year Founded: 1932

What We Do

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

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