Associate Analyst / Analyst, Cross Border and Emerging Payments, Payment Services Policy

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading central bank in Malaysia is looking for a qualified candidate to assist in formulating policies related to financial market infrastructures and payment services. The role involves research, monitoring trends, and collaborating with various stakeholders to ensure effective policy development. Candidates should have at least a Bachelor's degree in relevant fields and a minimum of one year of experience in the financial sector.

Benefits

EPF

SOCSO

Annual Leaves

Qualifications

• Bachelor Degree or professional qualifications in accounting, economics, banking, risk management, law, actuarial science, computer science, or finance.
• Minimum 1 year in financial sector, economics, or finance with a good understanding of central bank functions.

Responsibilities

• Assist in formulating policies to mitigate risks in FMIs and remittance services.
• Monitor global trends to guide policy formulation.
• Conduct research on emerging trends and risks for policy development.
• Support project implementation related to emerging payment areas.
• Collaborate with stakeholders to develop robust policies.
• Communicate effectively with industry players.

Job description

Job Responsibilities

• 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 Bankâs 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.

Job Requirements

• Academic Qualifications: Bachelor Degree or professional qualifications in accounting, economics, banking, risk management, law, actuarial science, computer science or finance.
• Experience : Minimum 1 year in financial sector, economics or finance with good understanding of central bank functions

Job Benefits

• EPF
• SOCSO
• Annual Leaves