Manager - Shariah Compliance, Risk & Advisory

About the role

Manulife is looking for a Manager to strengthen Shariah governance, risk management and compliance oversight within its growing Takaful business. The role works across business, risk, compliance and governance functions so that Takaful products and operations follow Shariah principles and regulatory expectations. It offers exposure to strategic business initiatives, Board and management interaction, and collaboration with regional and global stakeholders. The position is hybrid.

Key responsibilities

• Lead and perform Shariah compliance reviews of Takaful products, operational processes, customer documentation, contracts and business initiatives.
• Support the identification, assessment, monitoring and mitigation of Shariah non-compliance risks across the Takaful business.
• Provide day-to-day Shariah advisory support to business and control functions on operational, product, legal, investment, distribution and customer matters.
• Conduct Shariah research, prepare papers and recommendations for management and the Shariah Advisor, and support Shariah governance activities.
• Support Shariah-related updates and reports for management, the Board and governance forums, and collaborate with regional and global stakeholders on Shariah risk and compliance matters.

Required profile

• Minimum 5 years of relevant experience in Shariah research, Shariah advisory, Shariah compliance review, Shariah risk management, Takaful or Islamic finance.
• Preferred: experience in Takaful, Islamic banking, Islamic capital markets, Shariah governance, compliance, risk management or regulatory advisory.
• Preferred: experience working with Shariah Advisors, Shariah Committees or Shariah Supervisory Boards.
• Preferred: experience preparing Shariah papers, issue papers, compliance review reports, risk reports, management updates or Board-level materials.

Required skills

• Bachelor's or Master's degree in Shariah Law, Usul al-Fiqh, Islamic Finance or a related field (preferred).
• Professional certification in Islamic finance, Takaful, Shariah advisory, risk management or compliance (added advantage).
• Familiarity with Wakalah, Mudharabah, Tabarru', Qard, surplus management, investment screening and other Takaful concepts (preferred).