Associate Supervisor, Risk Specialist and Technology Supervision

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

Job summary

A central bank in Malaysia seeks an Associate Supervisor for the IT Supervision Unit. The role involves planning and supervising IT risk within financial institutions, assessing risk vulnerabilities, and initiating preventive actions to ensure financial stability. Ideal candidates will have a postgraduate degree focused on IT security or related fields, along with 3-5 years of experience in the financial sector. Join us to contribute to the evolution of a resilient financial system.

Qualifications

• Postgraduate degree focused on IT security and/or auditing.
• 3-5 years experience in IT security and/or auditing in the financial industry.

Responsibilities

• Assist in planning and supervising IT risk.
• Assess IT risk vulnerabilities through supervision.
• Initiate preventive actions to ensure financial stability.

Skills

IT security

Auditing

Risk management

Education

Postgraduate/Undergraduate degree in information technology or related field

Professional qualification in accounting, banking, finance, or business studies

Job description

Associate Supervisor, IT Supervision Unit, Risk Specialist and Technology Supervision

• 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.

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.

• 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.