• 2.1.9 Offsite supervision – generic roles


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    Description of role

    Responsible for analysing, identifying and setting risk remedial and recovery activities of supervised entities based on prudential returns.     

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    Core technical skills

    • Understanding of Takaful operations and business models, products and trends
    • Knowledge and interpreting results reported by financial institutions
    • Familiarity with law, prudential requirements and compliance requirements for institutions
    • Ability to act as a point of reference for common understanding of the profile of the supervised institutions
    • Active participation in dialogue internally and with institutions for the purpose of understanding institutional directions, risks etc.
    • Knowledge of core financial soundness indicators including: capital adequacy, asset quality, earning and profitability, liquidity, and sensitivity to market risk
    • Experience in the application of international standards and analytical techniques
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    Qualification and/ or certification

    • QFSQF Level 3
    • Relevant experience