Senior Manager, Shariah Audit

KEY ACCOUNTABILITIES



Shariah Specific Accountabilities (FWD Takaful Berhad)



Accountable for providing an independent assessment of the effectiveness of internal controls for Shariah compliance to the Shariah Committee.

Provide independent assurance on the identification, reporting, and rectification of potential and actual Shariah Non-Compliance (SNC) events.

Report Shariah audit findings, key trends, and systemic control issues directly to the Shariah Committee and Board Audit Committee, maintaining independence from business management.

Work closely with Shariah Department to understand the latest development on Shariah requirements and embed them into the audit where applicable

Provide advice to the internal audit team on Shariah requirements on the audit scope.

Drive the Shariah Internal audits, preparation and presentation of Shariah Committee reports and attendance of all Shariah related meetings and discussions.



Business Audit Specific Accountabilities:



Perform all audit activities for insurance and takaful operations (including Group Internal Audit initiatives) in the Company in a quality and timely manner, with reporting to Chief Internal Audit.

Perform and deliver the audit projects in the audit plan in a quality and timely manner to ensure compliance to Internal Audit Methodology.

Support Chief Internal Audit in the design and development of a comprehensive and relevant risk-based audit plan for the Company, with regular assessment to ensure the audit plan for the Company remains relevant to provide assurance to the key risks in line with the Company’s strategy and aspiration.

Provide expertise while maintaining independence to Business Units when needed, in improving on design effectiveness of controls.

Provide expertise to Internal Audit team on improving internal audit reviews and operations.

Support the Chief Internal Audit in preparation of the annual audit plan, Audit Committee report and EXCO report.

Develop and train internal audit staff.

Manage and team lead the end to end process of large or complex business audit.

Participate in business operations related committees (ie. CORC, ESG) and provide input from internal audit perspective.



QUALIFICATIONS / EXPERIENCE



Bachelor’s degree or professional certificate holder either in accounting, finance, Shariah or equivalent.

Certification in Shariah finance, audit or equivalent

Minimum 10 years working experience with 5 years working experience in Manager or Senior Manager in audit.

Preferably with experience Shariah audit and working in risk based internal audit in takaful / insurance company or bank.

Working experience in Big 4 accounting firms or equivalent.



KNOWLEDGE & TECHNICAL SKILLS



Strong knowledge of Shariah compliance (applicable for Shariah role only), life / family takaful insurance trends, regulations and business processes.

Strong knowledge internal audit methodologies, risks and controls.

Strong English written and verbal communication skills, with confidence to engage and influence senior management to achieve the desired outcome.

Leader, collaborator and team player who is enthusiastic, motivated and detailed oriented