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Shariah Compliance Lead

76487

Job Summary

Assists and supports in developing, implementing and monitoring of compliance programs and training. Supports providing direct compliance and regulatory advice. Assists in counseling the business and Compliance colleagues on matters of regulatory risk affecting the overall operation of the organisation.

Job Accountabilities - Key Accountabilities

Key Accountabilities:
• Establish, enhance and implement relevant compliance policies and procedures and provide pragmatic solutions.
• Ensure implementation and reporting of required compliance training for all employees.
• Counsel management and employees on questions about Zurich Basics or other company's compliance training.
• Conduct regular awareness campaigns reminding employees of the compliance policies and how violations or concerns may be reported.
• Analyse external regulatory requirements and trends.
• Assist and support training needs assessments, development, coordination and delivery.
• Assist in the identification and managing of regulatory risk.
• Support the design, build and implementation of the business unit compliance plans.
• Assist and support business with plans for resolution of problematic compliance matters.
• Provide support to draft reports to Executive management, oversight committees and regulators.
• Provide support to establish, enhance and implement relevant compliance policies and procedures.
• Assist in the analysis of laws or trends impacting the Compliance Risk Universe and assess impact on organizational operations in the jurisdiction. Ensure alignment with Legal to prevent activity overlaps.
• Assist in the development, implementation, support and maintenance of compliance frameworks for the compliance domains.
• Advise and support first line of defense with the adoption or, as appropriate, development, implementation and maintenance of Compliance Policies.
• Advise and support second line of defense, in particular local and regional Compliance teams, with the adoption or, as appropriate, development, implementation and maintenance of Compliance Policies.

Compliance Assurance


• Conduct the annual compliance planning to identify local priorities on risk-basis over up to 3 years, including sufficient monitoring and training activities. Ensure relevant stakeholders support prioritization.
• Report progress against plan and ensure approval in case of significant plan changes by Governance Committee.
• For compliance oversight establish and maintain locally a log on each of the items subject to reporting.

Add. Job Functions:

Business Accountabilities

Promoting Ethic Based Culture


• Develop and execute a training and awareness strategy, implement Compliance training and provide management with relevant metrics.
• Maintain the Group Policy relating to reporting of violations and concerns and provide management with relevant metrics.

Compliance Solutions


• Assess new laws and trends and their applicability and implementation to Zurich’s operations in the jurisdiction in order to ensure that the Compliance Risk Universe are fully identified and managed.
• Advise the first line of defense with respect to policies (i.e. their adoption, development, implementation and maintenance), practical guidance, training, relevant controls, and processes for mitigation of risks within the Compliance Risk Universe.
• Advise and support business management in its regulatory relationship management regarding topics from the compliance risk universe thereby upholding the organization’s public image.
• Advise and support second line of defense, in particular local and regional Compliance teams, with the adoption or, as appropriate, development, implementation and maintenance of Compliance Policies.

Compliance Assurance


• Support the annual compliance risk assessment, performed by Compliance Assurance, to satisfy minimum internal and external regulatory requirements and validate assessment results with local management and governance committees.
• Ensure compliance oversight and provide assurance to management and appropriate governance bodies that risks within the Compliance Risk Universe are appropriately identified and managed.

Project Management


• Support functional projects within the defined scope and time frame and in accordance with agreed cost and quality targets.
• Support the completion of functional projects and the project deliverable's to required level of quality.
• Participate in project steering committees for projects with no dedicated legal sub project, ensuring that legal and regulatory requirements and considerations are taken into account.


Competencies

Collaborate Together
Develop & Grow
Puts Customers First
Fuel Innovation
Motivational fit
Provide Clear Direction
Make it Happen

 

Are you interested in working for a company that values its people and put's its customers and employees at the heart of everything we do? Are you looking for growth opportunities beyond simply a career? Then Zurich could be just the place for you!

 

Our people are the heart & soul of Zurich. Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together! 

Our ambition is to become one of the most responsible and impactful businesses in the world. To get there we hire and develop the best talent available. With Zurich, you can expect to work on challenges that will help you grow and to collaborate with a diverse and inclusive global team. 

People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences. Zurich does not discriminate based on race, ethnicity, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. 

 

 

  • Location(s):  MY - Kuala Lumpur 
  • Remote working:
  • Schedule:
  • Recruiter name: Saumya Kumar
  • Closing date:

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