Associate Supervisor / Supervisor, Market Conduct Supervision (ITOs & Intermediaries), Consumer a[...]

Overview

Associate Supervisor / Supervisor, Market Conduct Supervision (ITOs & Intermediaries), Consumer and Market Conduct at Bank Negara Malaysia

Join to apply for the role of Associate Supervisor / Supervisor, Market Conduct Supervision (ITOs & Intermediaries), Consumer and Market Conduct role at Bank Negara Malaysia.

Responsibilities

• Conduct / Support risk-based supervisory activities, supported by prompt and proportionate supervisory and enforcement actions to achieve the Bank\'s desired outcomes and department\'s mandate, as well as ensure resources are effectively mobilised.
• Conduct / Support the effective review and implementation of the MCSF using the appropriate supervisory tools to ensure effectiveness of supervisory approach in transitioning from a rule-based to principle-based conduct regime.
• Conduct / Support and contribute towards enhancing offsite surveillance tools for prompt and accurate detection of key and emerging conduct risks to facilitate better prioritisation of supervisory activities / actions.
• Conduct / Support the administration of enforcement actions in line with the ICSEF and the Bank\'s Enforcement and Penalty Framework to ensure proportionate, just and timely on any breaches of the Bank\'s Acts, Guidelines and Policy Documents relating to conduct / FTFC.
• Conduct / Support the assessment on regulatory applications from ITOs / Insurance intermediaries and ensure compliance with established policies and to carry on business of charter as well as provide ideas for continuous enhancements / improvement, financial / Islamic financial advisers, renewal of approval and transfer of shares which result in change in control; to operational efficiency (e.g., approval).
• Foster close collaboration and strong relationships with key stakeholders within / across department, relevant associations and regulatees to ensure meaningful feedback loop to support effective policy formulation and review process.
• Conduct / Support the review and ensure proportionate, just and timely resolution and remedial actions by ITOs and Insurance Intermediaries on breaches of the Bank\'s Acts, Guidelines and Policy Documents relating to conduct / FTFC.
• Assist Supervisor in the formulation / review of Standards / Guidelines towards strengthening the market conduct regulations, professionalism and service quality of ITOs and Insurance Intermediaries, as and when required.
• Be proactive in seeking opportunities for self-development towards strengthening technical and leadership competencies.

Job Requirements

Job Benefits

Details

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