Associate Risk Specialist (Manager), Cyber Risk | Risk Specialist and Techn at Bank Negara Malaysia - Professional Career Site

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

19 Jul, 26

Salary

0.0

Posted On

20 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cyber security, Risk management, IT security, Auditing, Financial sector regulation, Network security, Information systems security, Risk mitigation, Surveillance infrastructure, Cyber threat landscape, Policy development, Compliance, IT governance, Incident recovery, Capacity building

Industry

Financial Services

Description

Contribute to the identification and mitigation of financial industry’s cyber security risk by undertaking continuous horizontal surveillance of the cyber threat landscape and monitoring of financial institution (FI)’s technology adoption and utilisation strategy in upholding the Bank’s mandate. * Develop and enhance effective surveillance infrastructure, supervisory tools and framework for early detection of emerging cyber risks to aid in macro / micro supervisory monitoring and risk mitigation strategies for the financial sector * Ensure strong collaboration and able to influence / communicate with the industry players to facilitate knowledge sharing and best practices. * Drive initiatives that enhance the ability of financial institutions and market infrastructures to prevent, detect, and recover from cyber incidents. * Contribute to the capacity building of IT and prudential supervisors in cyber risk management. This role enables effective risk oversight and policy development, ensuring financial institutions adopt sound practices and best practices in cyber security risk governance aligned with regulatory expectations and industry standards. 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 identifying and mitigating cyber security risks within the financial industry through continuous surveillance and monitoring of technology adoption. It also requires driving initiatives to enhance the resilience of financial institutions against cyber incidents and contributing to policy development.