Associate Supervisor/Supervisor, Supervision | Banking Supervision 2 Department (JP2)

Assist Senior Supervisor to: Plan, organise and execute supervision of assigned banking institutions (BIs), including domestic banking groups, locally incorporated foreign banks and development financial institutions to ensure the BIs operate in a safe and sound manner. This entails assessing BIs’ business model and risk profile vis-à-vis their risk management practices, governance and work culture.

Undertake surveillance on BIs to ensure their safety and soundness. This entails monitoring and identifying material risks and assessing BIs’ business model and risk profile and risk management practices, as well as governance and work culture. Where relevant, support horizontal surveillance and assessment of key risk areas to identify emerging macro-level risks.

Administer legal and regulatory requirements through timely processing of applications, and consistent enforcement of laws and regulations (e.g., Financial Services Act 2013 (FSA 2013), Islamic Financial Services Act 2013 (IFSA 2013), Development Financial Institutions Act 2002 (DFIA 2002), etc.,) and policies and standards issued by Bank Negara Malaysia (the Bank).

Perform continuous surveillance of assigned BIs to ensure their safety and soundness, including early detection of emerging supervisory concerns : Analyse and assess BIs’ risk profile, covering credit, liquidity, market, operational and other material risks vis-à-vis their business models, strategies and operating environment.

Monitor and assess emerging risks, vulnerabilities and developments affecting the BIs, taking into consideration their business models, strategies, operating environment and risk profiles. Assess effectiveness of Operational Management (OM) [first line of defense] and Risk Management Control Functions (RMCF) [second and third lines of defense], including governance arrangements, risk and compliance culture, and risk management and oversight practices.

Undertake peer benchmarking and horizontal/thematic reviews to identify emerging trends, outliers and potential supervisory concerns. Assess BIs’ compliance with legal and regulatory requirements and recommend appropriate remedial and enforcement actions to address any identified breaches or non-compliances. Escalate and communicate supervisory concerns on timely basis, and recommend appropriate supervisory, intervention or resolution measures to address the identified risks and issues.

Ensure assessment and decisions are in accordance with approved supervisory governance framework ensuring consistency and alignment with regulatory expectations. Timely processing of applications to ensure compliance with applicable law and regulations, supported by well-informed assessment to facilitate decision making by Management .

Maintain strong collaboration internally and externally to exchange views, provide feedback/inputs, identify new developments and best practices to enhance supervisory methodology and processes. Undertake administrative functions and other ad-hoc assignments. Pursue self-development to fulfil corporate and personal goals.

Academic Qualifications : At least, a bachelor’s degree or a professional qualification in accounting, economics, law, risk management, information technology, banking and finance. Experience : Minimum 2 years of working experience. Experience in financial supervision, financial sector, auditing (including IT audit) or risk management.