You will support BNM's efforts to monitor, assess, and communicate financial stability risks and vulnerabilities within the Malaysian financial system. You will work closely with internal and external stakeholders to conduct research, analyse emerging developments, prepare strategic assessments for senior management, and facilitate key financial stability committees and governance processes.
The role offers exposure to macro-financial developments, financial sector surveillance, policy formulation, stakeholder engagement, and strategic planning. You will contribute to the BNM's thought leadership on financial stability while supporting evidence-based policy discussions and decision-making.
- Secretariat and Governance Support
- Execute Secretariat responsibilities for committees and working groups administered by the department (e.g., FSC, FSEC, JPC), including:
- Planning and organising meetings.
- Advising on the structure, content and focus areas of assessments.
- Preparing meeting packs, information notes, and supporting documentation.
- Maintain accurate records of deliberations, decisions, and action items. Monitor follow-up.
- Execute Secretariat responsibilities for committees and working groups administered by the department (e.g., FSC, FSEC, JPC), including:
- Risk and Vulnerability Surveillance Strategy
- Maintain a list of vulnerabilities in the financial system and periodically assess key vulnerabilities to be prioritised, taking into account prevailing macroeconomic conditions, developments in financial markets and political context, and their outlook.
- Map out interlinkages and transmission channels arising from key vulnerabilities based on literature review and engagements with relevant stakeholders.
- Integrate insights and synthesise findings across surveillance units, ensuring coherence of analysis and clarity of insights.
- Summarise and conclude the assessments, including highlighting any potential policy responses where relevant.
- Stakeholder Engagement and Communication
- Identify and prioritise key internal and external stakeholders for engagements.
- Recommend core messages and select appropriate communication tools and platforms.
- Advise on the structure, content, and focus areas of presentations and publications to ensure quality and consistency in BNM’s financial stability communications.
- Strategic Research and Thought Leadership
- Prepare concise and insightful summaries of complex risk issues for senior management and committee members.
- Develop strategic notes that support senior management’s financial stability-related engagements (e.g., systemic risk trends, policy implications and spillover, emerging risks) by leveraging insights from discussion platforms, stakeholder engagements, prior assessments and desktop research.
- Engage with internal and external stakeholders to exchange views, share research findings and stay abreast of best practices in financial stability analytics.
- Business Planning and Performance Monitoring
- Organise business plan discussions for the department
- Actively monitor departmental deliverables and timelines throughout the year to ensure alignment with strategic objectives.
- Continuous Improvement and Knowledge Management
- Enhance secretariat processes for efficiency and transparency.
- Maintain a repository of FSC materials, decisions, and risk assessments for institutional memory and future reference.
- Identify opportunities to strengthen governance frameworks and risk monitoring practices.
QUALIFICATIONS
- Academic Qualifications: University degree or professional qualification that is related to accounting, economics, finance, mathematics, quantitative analysis or related disciplines.
- Experience: Preferably has at least three years of relevant working experience in financial stability analysis, macroprudential policy, financial sector surveillance or related discipline. No working experience is necessary for Kijang Graduate Programme (KGP) graduates.
PREVALENT & EMERGING SKILLS
Prevalent skills:
Analysis & Policy Development
• Diagnose and analyse issues, conduct critical in-depth analysis and impact assessments, identify trade-offs and develop relevant, robust and practical policy solutions for implementation. Facilitates innovation and growth in the financial sector without compromising financial stability.
Diagnosis & Risk Assessment
• Monitor, assess and synthesize information (including managing, processing, basic programming/repositing structured data and institutional knowledge) from relevant credible sources to identify risks, opportunities and challenges based on industry and global trends. This includes understanding government policies and review risk measures on targeted technical areas to support risk assessment, surveillance and policy development.
Advocacy and Advisory
• Advocates identified issues, policy positions, actions and communicates to internal and external stakeholders via various platforms to safeguard or advance Malaysia’s and the BNM’s strategic interests. Apply structured process to measure impact for continuous policy improvements.
Legal And Regulatory Requirement
• Possess and apply knowledge of relevant legislations related to the job scope taking into cognisance the interlinkages with the broader Malaysian financial system and its impact to the BNM’s mandates, functions and finances.
Knowledge of Financial System & Interlinkages
• Possess working knowledge of non-bank financial institution sector, banking, insurance/takaful, payment systems and instruments, and Financial Market Infrastructure (FMI). This includes the latest innovations, developments, emerging issues, trends and risks, macro-prudential considerations including impact to overall financial stability. Possess knowledge, skills and abilities that enable successful application of sustainability disciplines in related functional areas.
Emerging skills:
Advance Data Analytics
Ability to leverage advanced technology and analytical tools to perform statistical analysis, language processing, data exploration and visualisation to generate robust insights relevant for policy and strategy development to effectively support the delivery of BNM's mandate.
Skills Required
- University degree in accounting, economics, finance, mathematics, quantitative analysis or related discipline.
- At least three years relevant experience in financial stability analysis, macroprudential policy, or financial sector surveillance.
- Ability to diagnose and analyse issues, conduct in-depth impact assessments, and develop robust policy solutions.
- Risk assessment skills including monitoring, synthesising information, managing and processing structured data, and basic programming/repositing structured data.
- Advocacy and advisory skills: communicate policy positions and engage internal and external stakeholders effectively.
- Knowledge and application of relevant legislation and regulatory requirements affecting the Malaysian financial system.
- Working knowledge of non-bank financial institutions, banking, insurance/takaful, payment systems, and Financial Market Infrastructure.
- Advanced data analytics skills (statistical analysis, natural language processing, data exploration and visualisation).
What We Do
KGP Services is a leading network services provider and trusted partner to customers who build, own, and operate high-speed fiber, wireless, and cloud networks across North America. We combine complete end-to-end capabilities with a customer-first culture to provide custom services including design, engineering, installation, integration, and maintenance for all technologies. Through our new partnership with Circet, Europe’s largest network services provider, KGP Services is positioned for greater scale and expansion to help customers meet the fast-growing demand for high-speed connectivity.
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