Manager, IT Supervision | Technology and Cyber Supervision Department (TCS)

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Bank Negara Malaysia in Kuala Lumpur invites a Manager, IT Supervision to plan, organize and supervise IT risk through ongoing surveillance of financial institutions, ensuring alignment with regulatory standards and supervisory strategy.

The role leads a team in IT risk assessment, monitoring, and delivering timely recommendations, fostering collaboration across departments, and driving proactive remediation to maintain systemic stability and secure financial services.

Qualifications

• Postgraduate/undergraduate degree in IT, security or auditing.
• Alternative: degree in accounting, banking, finance, business, commerce, engineering or risk management.
• 7–10 years IT security and/or auditing experience in financial services.

Responsibilities

• Lead a team in IT risk assessment for effective supervision and timely recommendations.
• Oversee continuous monitoring to detect IT risk and ensure compliance.
• Ensure assessments align with laws, regulations and policy standards.
• Foster collaboration and provide guidance to other departments.

Skills

IT risk assessment

Regulatory compliance

Leadership

Team management

Education

Postgraduate/undergraduate degree in IT or related disciplines

Alternative: degree in accounting; banking; finance; business; commerce; engineer; risk management

Job description

Manager, IT Supervision | Technology and Cyber Supervision Department (TCS)

To plan, organise, and supervise 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.

Responsible to assess IT risk vulnerabilities within FIs through on-site and continuous monitoring, and to initiate preventive and remedial actions in achieving the Bank’s strategic outcome of no disruptive IT failure, especially for Tier 1 FIs.

Outcome of deliverables should align towards the achievements of the Bank’s strategic results

PRINCIPAL ACCOUNTABILITIES

Leads/manages/drives a team in assessing 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 manages/ensures that the team’s performance meets the agreed standards and deadlines, which allows all necessary supervisory documentation of FIs being assessed be duly completed and timely made available.

Leads/manages/drives the continuous monitoring activities to facilitate detection of potential problems, risk exposures and 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.

Leads/manages/drives a team in undertaking 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.

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

Provides tactical and strategic leadership to team members. Coaches and develops staff to meet personal and corporate goals.

Provides 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; engineer; or risk management discipline, can also be given a careful consideration.

Experience: 7 -10 years of experience in IT security and/or auditing, within the context of the financial industry.

Bank Negara Malaysia, as the nation's Central Bank, is committed to excellence in promoting monetary and financial system stability and fostering a sound and progressive financial sector, to achieve sustained economic growth for the benefit of the nation. Bank Negara Malaysia also places high importance in its developmental role with respect to economic management, institutional building and the development of the financial system infrastructure.

The Bank invests heavily in nurturing our talent to enhance their performance and realising their potential. Targeted talent development and career growth opportunities, continues to be given focus to drive performance.

Bank Negara Malaysia, as the nation's Central Bank, is committed to excellence in promoting monetary and financial system stability and fostering a sound and progressive financial sector, to achieve sustained economic growth for the benefit of the nation. Bank Negara Malaysia also places high importance in its developmental role with respect to economic management, institutional building and the development of the financial system infrastructure.

The Bank invests heavily in nurturing our talent to enhance their performance and realising their potential. Targeted talent development and career growth opportunities, continues to be given focus to drive performance.