Associate Analyst/Analyst, Innovation | Islamic Finance Department (IFD) at Bank Negara Malaysia - Professional Career Site

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

06 Oct, 26

Salary

0.0

Posted On

08 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Innovation, Islamic Finance, Business Model Development, Stakeholder Collaboration, Product Development, Financial Analysis, Strategic Planning, Market Research

Industry

Financial Services

Description

Formulate ideas and analysis to develop implementation plan of innovative banking and takaful solutions, including the followings: * Collaborate with relevant stakeholders to develop ideas for new and unique value proposition of Islamic banking/takaful product and services. * Provide support and encourage effective business model and/or products which are consistent with strategic priorities and visions for Islamic finance. 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 [https://www.bnm.gov.my/legislation]. 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.

Responsibilities

The role involves formulating ideas and analyses to develop implementation plans for innovative banking and takaful solutions. Collaboration with stakeholders to create unique value propositions for Islamic banking products and services is essential.