Associate Supervisor, Banking Supervision Department (JP2)

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading banking institution in Kuala Lumpur is seeking a candidate to assess financial performance and ensure regulatory compliance. Responsibilities include evaluating the risk profile and providing recommendations on supervisory measures. The ideal candidate should have a bachelor's degree in a relevant field and any experience in the financial or auditing sector is a plus. This role offers benefits including EPF, SOCSO, and annual leaves.

Benefits

EPF

SOCSO

Annual Leaves

Qualifications

• Bachelor's degree or professional qualification in accounting, economics, risk management, or banking and finance.
• Experience in the financial sector or auditing sector is an added advantage.

Responsibilities

• Assess financial performance, risk profile, and culture of financial institutions.
• Provide recommendations on supervisory measures to be imposed on banks.
• Ensure compliance with relevant laws and regulations.

Skills

Financial assessment

Risk management

Regulatory compliance

Collaboration

Education

Bachelor's degree or professional qualification in relevant fields

Job description

Job Responsibility

• Assess the financial performance, risk profile, adequacy of risk management control functions, and culture of BIs/financial group.
• Escalate/communicate supervisory concerns and provide recommendations on supervisory/ intervention/ resolution measures to be imposed on BIs.
• Assess applications from BIs to ensure compliance with applicable laws and regulations and provide appropriate recommendations to Management in a timely manner.
• Execute supervisory processes in accordance with approved supervisory framework.
• Assess BIsâ compliance with the regulatory requirements issued by BNM, via review of regulatory reporting and data submission, and institute remedial action for breaches /non-compliance.
• Understand emerging issues facing BIs and overall financial stability. Able to identify, assess and propose appropriate solutions with regard to intra/inter-group, inter - linkages/inter-connectedness and implications on BIs/financial groups.
• Maintain strong collaboration internally and externally to exchange views, provide inputs, identify new developments and best practices to enhance the supervisory methodology and processes.
• Undertake administrative functions and other ad-hoc assignments.
• Self-development to meet corporate and personal goals.
• Maintain professional working relationship with home supervisors and other domestic regulators (SC, PIDM, Labuan FSA).

Job Requirements

• Academic Qualifications: A bachelorâs degree or a professional qualification in accounting, economics, risk management, or banking and finance.
• Experience: Any experience in the financial sector or auditing sector is an added advantage.

Job Benefits

• EPF
• SOCSO
• Annual Leaves