Associate Analyst/Analyst, Cross Border and Emerging Payments

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A national central bank in Kuala Lumpur seeks a professional to assist in developing policies for Financial Market Infrastructure (FMI) and emerging payment areas. Candidates should hold a relevant bachelor's degree, have a minimum of 2 years' experience in the financial sector, and be a Malaysian citizen. The role involves formulating policies, monitoring trends, conducting research, and collaborating with various stakeholders.

Qualifications

• Minimum 2 years in financial sector or economics.
• Understanding of central bank functions.
• A Malaysian citizen.

Responsibilities

• Assist in formulating prudential policies.
• Monitor domestic and global trends.
• Conduct research on emerging trends.
• Support project implementation.
• Collaborate with internal and external stakeholders.
• Lead communication with industry players.

Skills

Policy formulation

Risk management

Research and analysis

Stakeholder collaboration

Education

Bachelor's degree in relevant fields

Job description

ROLE PURPOSE

Assist the development and implementation of prudential and development policies and strategies to foster the safety, efficiency, reliability and integrity of Financial Market Infrastructure (FMI) (e.g. RENTAS), cross-border payments and remittance services and emerging payment areas (e.g. CBDC, stablecoins, digital assets) to support the Bank’s mandates.

PRINCIPAL ACCOUNTABILITIES

• Assist in the formulation of prudential and developmental policies to mitigate risks and foster the development of FMIs, cross-border payments and remittance services, and the emerging payment areas in Malaysia.
• Monitor and assess domestic and global trends and market development to guide the formulation of policies relating to the risk management and development of FMIs, cross-border payments and remittance services and emerging payment areas.
• Conduct research on emerging trends, developments and risks, as well as undertake surveillance and benchmarking on legal/regulatory framework and policy development efforts in other countries, with the objective to ensure policies and guidelines remain robust and relevant with industry/global development and market practices.
• Support the implementation and monitoring of projects (e.g. proof-of-concept) relating to emerging payment areas to ensure the smooth implementation of such projects, including to ensure that the Bank’s interests are preserved.
• Collaborate with internal and external stakeholders (e.g. regulatory bodies, regional central banks, standard setting bodies) to facilitate the development of robust policies and strategies and the coordination of action plans
• Lead and ensure effective communication to industry players to facilitate the management of risks and to support the developmental efforts

QUALIFICATIONS

• Academic Qualifications: Bachelor's degree or professional qualifications in accounting, economics, banking, risk management, law, actuarial science, computer science or finance.
• Experience: Minimum 2 years in financial sector, economics or finance with good understanding of central bank functions.
• A Malaysian citizen

ONLY SHORTLISTED CANDIDATES WILL BE SHORTLISTED