Manager, IT Supervision | Risk Specialist and Technology Supervision Depart at Bank Negara Malaysia - Professional Career Site

, , Malaysia -

Full Time

Start Date

Immediate

Expiry Date

13 Jul, 26

Salary

0.0

Posted On

14 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

IT Risk Management, IT Security, Auditing, Financial Supervision, Regulatory Compliance, Risk Assessment, Financial Services Act, Islamic Financial Services Act, Surveillance, Policy Standards, IT Vulnerability Assessment, Financial Stability

Industry

Financial Services

Description

1. To plan, organise, and supervise the risk of information technology (IT) through continuous surveillance of FIs in ensuring financial stability and to address IT risk aspects of regulatory applications in order to facilitate appropriate and consistent compliance with supervisory strategy; the Financial Services Act 2013/Islamic Financial Services Act 2013; and all applicable Policy Standards. 2. Responsible to assess IT risk vulnerabilities within FIs through on-site and continuous monitoring, and to initiate preventive and remedial actions in achieving the Bank’s strategic outcome of no disruptive IT failure, especially for Tier 1 FIs. 3. Outcome of deliverables should align towards the achievements of the Bank’s strategic results. 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 manager will plan and supervise IT risk through continuous surveillance of financial institutions to ensure regulatory compliance and financial stability. They are responsible for assessing IT vulnerabilities and initiating preventive or remedial actions to prevent disruptive IT failures.