Associate Supervisor, IT Supervision & Risk Specialist

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

Job summary

A leading financial institution in Malaysia is looking for an Associate Supervisor to assist in managing IT risk for financial institutions. The ideal candidate will have a postgraduate degree in IT or related field and 3-5 years of experience in IT security or auditing. Responsibilities include evaluating IT health, monitoring compliance, and conducting risk assessments. This role plays a crucial part in ensuring the financial stability of institutions through effective IT risk management.

Qualifications

• 3-5 years of experience in IT security and/or auditing within the financial industry.

Responsibilities

• Assist in planning and supervising IT risk for financial institutions.
• Evaluate the IT health of financial institutions and communicate risks.
• Monitor compliance with IT risk regulations and recommend actions.
• Conduct IT risk assessments for applications from financial institutions.

Skills

IT security

Auditing

Risk management

Financial regulations compliance

Education

Postgraduate/undergraduate degree in IT or related field

Job description

To assist the Senior Supervisor of IT risk in planning, organising and supervising the risk of information technology (IT) through continuous surveillance of FIs in ensuring financial stability, and to address IT risk aspects of regulatory applications in order to facilitate appropriate and consistent compliance with supervisory strategy; the Financial Services Act 2013/Islamic Financial Services Act 2013; and all applicable Policy Standards.

The Associate Supervisor is also responsible to assess IT risk vulnerabilities within FIs through on-site and off-site supervision, and to initiate preventive and remedial actions in achieving the Bank’s strategic outcome of no unanticipated amber institutions.

PRINCIPAL ACCOUNTABILITIES

Evaluate the IT risk nature and IT health/condition of FIs, by undertaking IT risk assessment for effective supervision, to timely detect supervisory concerns and emerging risks, and effectively communicate any concerns together with the appropriate recommendations on supervisory measures to be undertaken. Also ensures that the agreed standards and deadlines are met, which allows all necessary supervisory documentations of FIs being assessed be duly completed and timely made available.

Perform continuous monitoring activities to facilitate detection of potential problems, risk exposuresand emerging supervisory concerns pertaining to IT. Ensures that FIs comply with the IT risk aspects of various regulations, rules and policies issued by BNM, and recommends remedial actions arising from concerns and/or breaches of compliance.

Undertakes IT risk assessment of formal applications received from FIs, and provides the appropriate recommendations in a timely manner. Ensures assessment of applications is comprehensive, appropriate and consistent with applicable laws, regulations and all applicable Policy Standards, and decisions are to be in accordance with approved supervisory and governance framework of the Bank.

Assists in building strong collaboration internally and externally in obtaining and providing information necessary to facilitate continuous surveillance and effective supervision of IT risk.

Assists in providing feedback/inputs/expertise to other departments in the Bank on policy developments, projects, etc., whenever needed.

Undertakes other ad-hoc assignments, when assigned.

QUALIFICATIONS

Academic Qualifications: A postgraduate/undergraduate degree or a professional qualification in information technology related disciplines, with primary focus on IT security and/or auditing. Alternatively, a postgraduate/undergraduate or a professional qualification in accounting; banking; finance; business studies; commerce; or risk management discipline, can also be given a careful consideration.

Experience: 3-5 years experience in IT security and/or auditing, within the context of the financial industry.

Unlock job insights

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• How many years' experience do you have as an Information Technology Risk Associate?
• Which of the following types of qualifications do you have?
• How many years of auditing experience do you have?
• Are you willing to undergo a pre-employment background check?
• How much notice are you required to give your current employer?

PingCAP

Selangor, MY