BANK MUAMALAT is a full-fledged Islamic Bank, commencing its operations on 1st October 1999. We are poised to pursue growth and strengthen our market presence, offering innovative, quality and competitive financial products and services. We presently serve all Malaysians at 55 branches and service centres throughout Malaysia, and 1 Offshore Bank in Labuan.

Bank Muamalat is seeking result-oriented talents who are capable of contributing innovative ideas and novel approaches to our complex operations, relish challenges and possesses the drive and vision to excel. Qualified and competent Malaysians with proven achievement track records are invited to apply.


Advertised on 19-12-11

Manager/AVP, Benefits & HR Systems


  • To prepare the yearly personnel budget for the entire Bank.
  • To supervise the compensation & benefit team in their day to day operations
  • To prepare and provide weekly  reports and activities to the Head of HR Operations and Services and the Head of Human Resource Management Division
  • To lead and coach the junior compensation & benefit team members.
  • To provide analytical report relating to payroll and benefit for the Head of Human Resource to facilitate decision making.
  • To review periodically the compensation and benefit policies, process and procedures to ensure that it remains current.
  • To manage working relationship with other departments and business units.
  • To keep abreast with the relevant laws and regulations such BNM, Employment Act, EPF, SOCSO, IR and Income Tax.
  • To keep abreast with HR best practices in compensation and benefit related matters through participation in networking with industry of similar nature.
  • To provide benchmarking report in regard to compensation, reward and benefits periodically to the Head of Human Resource Division.
  • To ensure that the personnel costs are within the budget approved..
  • Responsible to check and ensure that the TAT (turn-around time) for payroll and staff benefit  is within the stipulated service level agreed upon at the management.
  • Responsible to ensure that law and regulations, such as compliance to AMLA/CFT, BNM, Employment Act, etc  are observe at all times.
  • To ensure that weekly, monthly and quarterly reports are accurate and correct to minimize risk and reworking.
  • Responsible to train and coach the junior team member to ensure that they are capable of executing their job effectively.
  • To ensure that payroll and all payment made to the employees and respective parties are accurately and timely.
  • To prepare MANCO and Board paper pertaining to increment & Bonus
  • To provide any related services related to compensation and benefits from time to time upon request by the Head of Department or the Head of Division.
  • To provide proper on boarding to new recruits to ensure that the new recruits are equip with the proper preparation to perform their job.


  • Appropriate degree in Human Resources, Business, Economics, Statistics or related business degrees.
  • Has more than 10 years of experience in Human Resources and has experience in the banking industry.
  • Exposure and trained in compensation and benefits management including preparation of payroll, increment and bonus.
  • Strong understanding on payroll processes and compensation management and has good understanding of income tax rules, EPF, SOCO and Employment Act .
  • Familiar with all types of rewards and benefits in the financial services industry particularly banking.
  • Confidence in producing executive reports and presentations.
  • Working cross-cultural teams and sensitive cultural differences
  • Able to interpret and analyse market data in regards to compensation report.
  • Sharing and influencing best practice with the team members.
  • Good analytical skill.  
  • Good interpersonal relationships.
  • Good knowledge in Microsoft office
  • Good English communication and writing skills

Bank Muamalat offers competitive remuneration package, inclusive of various staff benefits, comparable to the domestic banking industry.

Qualified candidates are invited to apply online / submit comprehensive resume, specifically highlighting your competencies and value added strengths, telephone numbers, current & expected salary with photostat copies of academic qualification and recent photograph (n.r), to:-

Head, Human Resource Management Dept.,

Level 27, No. 21, Jalan Melaka,
50100 Kuala Lumpur, Malaysia.

Applications should reach us no later than 31 December 2011.

ONLY shortlisted candidates will be notified.

Please visit our Official Web Page at http://www.muamalat.com.my


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Jobs in Malaysia > Human Resources Jobs > Compensation & Benefits Jobs, Jobs in Banking / Financial Services industry

Bank Muamalat Malaysia Bhd (6175-W)