About this role
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.
• Assist Associate Risk Specialist / Risk Specialist in providing recommendations on technical matters, facilitate operationalization of global policies (e.g. Basel / IAIS etc), coordinate views among stakeholders in financial stability sector and perform continuous horizontal surveillance across the industry in line with achieving the Bank's mandate of financial stability. • Technical matters includes model related items (development, review and use of models), and policy or research items.
• Support the effective implementation of strategic initiatives related to operational resilience and risk, contributing to the Bank’s mandate of safeguarding financial stability. • Assisting Associate Risk Specialists in executing horizontal surveillance across the financial industry to identify and monitor emerging operational risks. This includes data-based analysis and analytical work. • Assist in the review of internal risk measurement methodologies, statistical approaches and practices across the industry to ensure they are in line with regulatory requirements and global best practices. • Participate in critical technical review of global regulatory reforms to facilitate management decision • Contributing to data analysis, reporting, and development of supervisory tools that enhance early detection and mitigation of risks to financial institutions and market infrastructures. • Participating in sector-wide initiatives aimed at strengthening the resilience of financial institutions against operational disruptions and threats. • Providing analytical and operational support in policy development and supervisory activities to ensure alignment with regulatory expectations and industry best practices. Assist in the co-development of selected technical policy documents. • Fostering strong industry collaboration to promote knowledge sharing, adoption of best practices, and alignment with regulatory expectations. • Supporting coordination efforts with internal and external stakeholders to ensure timely and cohesive risk management responses across the financial stability sector. • Supporting Associate Risk Specialists to strengthen supervisory capacity by contributing to the upskilling of supervisors in operational resilience and risk framework and practices.
Academic Qualifications:
Bachelor’s Degree in one of the following fields:
• Accounting • Statistics • Mathematics • Finance • Risk Management • Data Scientist • Computer Science • Actuarial Science • Information Technology-based • Cyber Security-based, or any related discipline
Professional Qualifications: Certification related to Non-Financial Risk such as operational risk, technology risk, cyber security risk, Business Continuity Management will be an added advantage.
Experience:
• Min 2 years of work experience • Working experience related to non-financial risk related, data analyst is a plus • Exposure to financial sector risk, data analysis, or tech-related projects is a plus