Associate Analyst/Analyst, Long Term Credit Ecosystem and Talent Development | Financial Develo[...]

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 45,000 - 60,000; Full time

Job summary

A Central Bank in Malaysia is seeking an Associate Analyst/Analyst to assist in the formulation and execution of strategies related to financial institutions and credit ecosystems. The candidate will conduct research, support policy development, and advance the digital banking industry. A Bachelor's degree in relevant fields and preferably one year of experience in banking or finance are required. This role offers a unique opportunity to contribute to the development of the financial sector.

Qualifications

• Must have a Bachelor’s Degree or professional qualification in relevant fields.
• Experience in banking and finance or insurance preferred.
• Proficient in research and analysis.

Responsibilities

• Conduct research into financial institutions and credit ecosystems.
• Support policies for developing the funding ecosystem.
• Assist with the digital banking industry initiatives.
• Maintain relationships with external stakeholders.
• Facilitate collaboration between teams and stakeholders.

Skills

Research and analysis

Understanding of central bank functions

Communication skills

Education

Bachelor’s Degree in accounting, economics, banking, risk management, law, actuarial science, computer science or finance

Job description

Associate Analyst/Analyst, Long Term Credit Ecosystem and Talent Development | Financial Development and Innovation (FDI)

Assist Manager in the formulation and execution of strategies, policies and initiatives involving financial institutions and credit ecosystems (e.g. infrastructure, regulations, legislations) to promote resilience, innovation and competitiveness among industry players to meet the medium-to-long-term funding needs of the economy as well as preserve the orderly development of the financial sector.

Bank Negara Malaysia (the Central Bank of Malaysia), is a statutory body which started operations on 26 January 1959. Bank Negara Malaysia is governed by the Central Bank of Malaysia Act 2009. The role of Bank Negara Malaysia is to promote monetary and financial stability. This is aimed at providing a conducive environment for the sustainable growth of the Malaysian economy.

Bank Negara Malaysia’s monetary policy stance is to maintain price stability while remaining supportive of growth. Bank Negara Malaysia is also responsible for financial system stability. This is achieved by developing a sound, resilient, progressive and diversified financial sector which serves to support the sectors of the real economy. It also plays an important function in implementing initiatives to deepen and strengthen the financial markets, including the foreign exchange market.

Bank Negara Malaysia has played a significant developmental role in developing the financial system infrastructure in advancing the financial inclusion agenda. This is to ensure all economic sectors and segments of the society have access to financial services. In addition, Bank Negara Malaysia also oversees the nation’s payment systems infrastructure which emphasize on the efficiency and security of the financial systems.

As the banker and adviser to the Government, Bank Negara Malaysia provides advice on macroeconomic policies and the management of public debt. Bank Negara Malaysia is also the sole authority in issuing the national currency and in managing the country's international reserves.

Responsibilities

• Conduct research and support the formulation and implementation of policies and strategies aimed at developing a sound, progressive, and inclusive funding ecosystem in Malaysia.
• Conduct analysis to assist with the development and implementation of policies, strategies, and initiatives to strengthen the credit ecosystem for medium-to-long-term, including corporate access to financing, credit reporting systems, and affordable housing programs, in line with relevant Acts and strategic direction.
• Support efforts to advance the digital banking industry by contributing to initiatives that address the needs of unserved and underserved communities in Malaysia.
• Assist in research and analysis to inform talent development strategies, while supporting industry’s initiatives, leveraging talent ecosystem and fostering effective collaboration with talent affiliates to enhance workforce capabilities across the financial sector.
• Maintain effective communication and working relationships with external stakeholders, including government agencies, and assist in organizing industry dialogues and bilateral regulatory engagements (e.g., Securities Commission and Labuan Financial Services Authority).
• Facilitate collaboration between internal teams and external stakeholders, to ensure alignment and effective implementation of initiatives.

Qualifications

• Academic Qualifications: Bachelor’s Degree or professional qualification in accounting, economics, banking, risk management, law, actuarial science, computer science or finance
• Experience: Preferably 1 year of working experience in banking and finance, economics or insurance with good understanding of central bank functions.