• Associate Analyst / Analyst | Payments Oversight Department Jobs in Malaysia - 1018178

    Bank Negara Malaysia
  • 1 - 3 Years
  • Malaysia - Kuala Lumpur
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  • Posted 30 days ago
  • Job Views: 32
  • Job Applicants: Less than 10

Job Description


Assist in the oversight activities over the payment and settlement systems in Malaysia, with the objective of ensuring the safety and reliability of payment systems and payment instruments, and to safeguard public interest

Develop, implement and review the development of regulatory and prudential framework for payment systems and payment instrumentsUndertake the surveillance on industry players, mainly to monitor and identify risks in payment systems/instruments, recommend and implement supervisory actions to address risks and/or non-compliances, and monitor the corrective actions by industry players to mitigate risksImplement the administration and enforcement of legislations and guidelines issued by the Bank, which include processing the applications to operate payment systems and/or issue designated payment instruments in a timely manner and in accordance with relevant laws, policies and guidelinesConduct research, monitor and analyse regulatory developments and trends in the region and globally with the view of ensuring the regulatory framework on the payment systems and instruments are effective to meet the needs of the countryCollaborate with internal and external stakeholders (eg regulatory/standard setting bodies and industry players) in conducting oversight activities to achieve a comprehensive and effective regulatory/prudential framework and supervisory activities
Fair understanding of payment systemsAbility to keep abreast with domestic and international developments related to payment systemsAbility to conduct critical and detailed assessment, to identify areas that require improvement and recommend strategies to address themAbility to interact and gain the cooperation of others and confidently lead in areas of responsibilityAbility to proactively initiate and support initiatives to enhance payment and settlement systemsAbility to multitask and provide deliverables in an expedient manner
Keeping abreast with emerging risks of payment systems and instrumentsEnsuring proper analysis on implications of developments and vulnerabilities that would impact the safety and soundness of payment systemsKeeping abreast with advancements in information technology

Academic Qualifications
Bachelor's Degree in Accounting, Finance, IT, Legal, Business Studies or its equivalent, with at least Second Class Upper or a CGPA of 300At least Credit in five subjects including Bahasa Melayu, English and Mathematics in Sijil Pelajaran Malaysia (SPM)
Experience in the field of payment system developments and regulations would be an added advantage
Central Bank core business knowledgeCommunication and presentation skillsProject managementInformation and communication technologyRisk management
Knowledge of payment systemPolicy research and developmentCritical analysis
Candidate must possess good verbal and written communication skills in English and Bahasa MelayuOnly shortlisted candidates will be notified

Profile Summary

Type:Company Job

Role:Junior Executive

Industry:Banking/Financial Services

Salary:Not Disclosed

Deadline:16th Mar 2020

Company Profile

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.

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