Manager Financial Development and Surveillance

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

Job summary

A leading financial institution is seeking a Manager of Financial Development & Surveillance to oversee policy surveillance and advocacy initiatives. The role involves managing stakeholder relationships and ensuring operational efficiency at the regional office. Candidates should have a degree in economics or finance and a minimum of 5-6 years of relevant experience. Strategic communication skills and knowledge of economic regulation are essential. This role offers a chance to impact financial development initiatives significantly.

Qualifications

• Minimum 5-6 years of experience in financial development or related fields.
• Relevant professional certification is advantageous.
• Experience in Economics, Regulatory, and/or Monetary Stability is a plus.

Responsibilities

• Formulate strategies for policy surveillance and implementation.
• Oversee the implementation of advocacy programs.
• Manage administrative functions at the BNM Regional Office.
• Drive thematic research and establish strategic stakeholder relationships.

Skills

Policy surveillance

Strategic communication

Advocacy

Networking

Operational efficiency

Education

Degree in economics, finance, banking, or accounting

Job description

Manager of Financial Development & Surveillance (FDS) unit in BNM Regional Office

ROLE PURPOSE

The Manager of Financial Development & Surveillance (FDS) unit in the BNM Regional Office is responsible to formulate strategies for policy surveillance and policy implementation to provide front- line insights to line departments and the Bank’s management.

The Manager is also responsible to develop strategies for advocacy, strategic communications & education and to support the Regional Head in ensuring effective operational management of the regional office.

PRINCIPAL ACCOUNTABILITIES

Policy Surveillance and Thematic Research: Oversee effective implementation of policy surveillance to gather on-the-ground financial development intel from the region.

Apply forward thinking in the planning for policy surveillance to gather timely insights for effective policy implementation by the Bank.

Drive thematic research projects at the region on areas related to policy surveillance or structural issues, which could culminate into potential policy proposals.

Targeted Advocacy: Establish strategic relationships and work collaboratively with key regional stakeholders (e.g. economic agents, financial service providers, state government agencies, regulatory bodies, NGOs) to deliver JLPB’s strategic initiatives and the Bank’s strategic outcomes.

Monitor the implementation progress of advocacy programs to ensure meaningful outcomes as outlined in JLPB’s and the Bank’s annual business plan.

Obtain buy-in among key regional stakeholders and leverage on their resources & expertise to effectively implement the Bank's key financial development initiatives e.g. e-payment, social finance, foreign exchange, etc.

Strategic Communication and Education: Establish and gauge the effectiveness of communication and education strategies for greater outreach at the region.

Validate regional stakeholders’ interests / concerns and develop customised communication and education strategies (i) to promote awareness on strategic agenda and priority topics of the Bank, and (ii) to address financial development issues.

Drive improvements on communication and education plans to enhance public awareness and literacy, guided by the Bank’s Communication Working Group (CWG) focus areas.

Redress and Advisory: Ensure proper redress mechanisms and advisory functions are in place to manage financial concerns posed by key regional stakeholders e.g. consumer associations.

Validate impact and highlight emerging market conduct issues at the region for policy analysis and review.

Operational Efficiency: Manage and oversee overall administrative functions for BNM Regional Office which include budgeting and expense tracking, procurement process, learning & development and database maintenance.

Support the Regional Head on the operational efficiency and the Bank’s cultural improvements at the region to ensure continuous improvement in productivity, climate, capabilities, and competencies at the BNM Regional Office.

Provide strategic direction at the BNM Regional Office on areas such as performance, training, risk management and organisational safety & health (OSH).

QUALIFICATIONS / EXPERIENCE

Degree in economics, finance, banking, accounting or other relevant disciplines. Relevant professional certification is an added advantage.

Experience:

Minimum 5 - 6 years of experience related to financial development areas or relevant departments under the Financial Stability Group. Experience in the Economics, Regulatory and/or Monetary Stability as well as Corporate Management Group is an added advantage.

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?
• Which of the following types of qualifications do you have?
• How much notice are you required to give your current employer?
• Are you willing to relocate for this role?
• Do you have a Bachelor Degree?