Associate Supervisor, Banking Supervision

ROLE PURPOSE:

• Assist Senior Supervisor to plan, organise and supervise on a consolidated basis of a banking group or standalone banking institutions (BIs) using the Supervisory Risk Framework (SuRF) through continuous surveillance to ensure safety and soundness of the BIs. The Associate Supervisor is to assess the vulnerabilities within the BIs and to initiate preventive or remedial actions in achieving the department’s strategic outcome of no unanticipated amber institutions.
• Additionally, to coordinate reviews for processing as well as undertake assessments on the regulatory applications from BIs to ensure provisions of the Financial Services Act 2013/Islamic Financial Services Act 2013 and Policy Standards are administered appropriately and consistently.

PRINCIPAL ACCOUNTABILITIES:

• Analyse and understand the financial condition, performance, risk profile and risk management processes of BIs for effective supervision including early detection of emerging supervisory concerns.
• Undertake the assessment of applications from BIs to ensure compliance with applicable laws, regulations and provide appropriate recommendations to the management on a timely manner.
• Assess applications received from BIs in accordance with SOP and approving authorities of the Bank.
• Undertake assessment of BI’s safety and soundness, effectively escalate/communicate supervisory concerns and provide recommendations on supervisory/ intervention/ resolution measures to be imposed on BIs.
• Ensure assessment and decisions are in accordance with approved supervisory governance framework.
• Ensuring the BIs comply with the various regulations, rules and policies issued by BNM through reviewing of regulatory reporting and data submission and to institute remedial action for breaches /non-compliance.
• Understand emerging issues facing BIs and overall financial stability. Able to identify, assess and propose appropriate solution with regard to intra/inter group, inter-linkages/inter-connectedness and implications on BIs.
• Maintain strong collaboration internally and externally to exchange views, provide inputs, identify new developments and best practices to enhance the supervisory methodology and processes.
• Undertake administrative functions and other ad-hoc assignments.
• Self-development to meet corporate and personal goals.
• Maintain professional working relationship with home/ host supervisors and other domestic regulators (SC, PIDM, LOFSA).

SKILLS / KNOWLEDGE:

• Candidate must obtain 5 credits in Sijil Pelajaran Malaysia (SPM) for subjects including Bahasa Melayu, English and Mathematics.
• Candidate must possess at least a Bachelor's Degree in Accounting, Economics, Banking or Finance with a minimum CGPA of 3.00 and above or Second Class Upper or any relevant professional qualifications.

OR

• Professional accountancy qualification (ACCA, MICPA etc) from a reputable academic institution
• At least 2 years of working experience in supervision, financial sector auditing (including IT audit) or risk management.
• Experience in financial sector or auditing is an added advantage.

ONLY SHORTLISTED CANDIDATES WILL BE NOTIFIED