Analysis & Reporting (Banking & Financial Services)
Assist the Head in managing the overall day-to-day operations and carrying out the Unit's roles. Perform research, review and provide recommendations for the formulation of new and existing prudential policies, timely resolution and policy advisory support to other units and departments in line with the Unit and Department's strategic objectives and mandates. Proactively support the Unit by ensuring effective and efficient secretarial role in Financial Stability Committee, Unit's risk management and mitigation as well as other administrative assignments. PRINCIPAL ACCOUNTABILITIES Conduct analytical research study and provide recommendation for the formulation of new and review of existing prudential policies in line with its respective mandate and Corporate Action Plan with the aim of promoting financial safety and soundness of the key licensed entities as well as sound market conduct amongst the intermediaries in line with international standard and practices. Monitor, recommend and implement timely resolution to address any arising issues and enquiries relating to prudential policies, the guidelines/ circulars/ directives issued by the Unit and other matters pertaining to the Unit's works. Coordinate and provide policy advisory support with other units and departments as part of inter-departmental cooperation, particularly to Business Development, and Supervision and Enforcement Department. Proactively support the Unit's secretarial role and responsibilities to the Financial Stability Committee by ensuring it is in line with its Terms of Reference of the Committee. Provide inputs/ recommendations to ensure the Unit operates smoothly in an appropriate manner in undertaking its roles and responsibilities on the following areas: Risk management issues and implementation in the Unit to ensure that all risk elements are identified, assessed, mitigated and minimised as per the risk management framework; Working with other relevant departments in Labuan FSA and to ensure sufficient support service are provided; Facilitating meetings, discussions or sessions in the Unit deliberations and works; and Undertaking administrative matters of the Unit including coordination/ monitoring of works/ projects, preparation of the Unit's budgeting and reviewing of the Unit's Manual on periodical basis. 6. Facilitate the preparation of any administrative arrangements for:
The Group of International Finance Centres Supervisors (GIFCS) on behalf of Labuan FSA for participation in discussions, conference calls and surveys; and Any other International Standard setting bodies as assigned by the Management on behalf of Labuan FSA to provide views on its draft standards/ guidance or participate in surveys/ questionnaire/ self-assessment and peer review process; and Perform any other duties as assigned by the Head or Director from time to time. QUALIFICATIONS AND EXPERIENCE Must possess at least a Bachelor in Accountancy, Economics, Banking, Finance or Business Management or equivalent from any recognised university or equivalent professional qualification. Minimum 2-3 years' of working experience in similar capacity in a regulatory / financial industry. Member of Malaysian Institute of Accountants (MIA) or Member of Association of Chartered Certified Accountants (ACCA) would be an added advantage. Good knowledge of the international standards and regulations related to International Financial Centre. Your application will include the following questions: What's your expected monthly basic salary?
Are you willing to undergo a pre-employment background check?
How much notice are you required to give your current employer?
Labuan Financial Services Authority (Labuan FSA) The Labuan Financial Services Authority (Labuan FSA), was set up on 15 February 1996 as a single regulatory body to spearhead and coordinate efforts to promote and develop Labuan as an International Business & Financial Centre (IBFC).
Labuan FSA is primarily responsible for the following:
To administer, enforce, carry out and give effect to the provisions of the Labuan IBFC laws;To exercise, discharge and perform such powers, duties and functions in accordance with the laws;To maintain the good reputation of Labuan IBFC as an international business and financial centre;To carry out research and commission studies on financial services in Labuan IBFC;To make recommendations for the creation and improvement of facilities to enhance the attraction of Labuan IBFC as a centre for financial services;To collaborate with Labuan financial institutions and industry associations in advancing the development and growth of businesses and financial services in Labuan IBFC;To advise and make recommendations to the government on matters relating to financial services in Labuan IBFC; andTo carry out all such activities and undertaken measures to enable appropriate administration of the Authority, or for other purposes as mandated by the Minister.
The Labuan Financial Services Authority (Labuan FSA), was set up on 15 February 1996 as a single regulatory body to spearhead and coordinate efforts to promote and develop Labuan as an International Business & Financial Centre (IBFC).
Labuan FSA is primarily responsible for the following:
To administer, enforce, carry out and give effect to the provisions of the Labuan IBFC laws;To exercise, discharge and perform such powers, duties and functions in accordance with the laws;To maintain the good reputation of Labuan IBFC as an international business and financial centre;To carry out research and commission studies on financial services in Labuan IBFC;To make recommendations for the creation and improvement of facilities to enhance the attraction of Labuan IBFC as a centre for financial services;To collaborate with Labuan financial institutions and industry associations in advancing the development and growth of businesses and financial services in Labuan IBFC;To advise and make recommendations to the government on matters relating to financial services in Labuan IBFC; andTo carry out all such activities and undertaken measures to enable appropriate administration of the Authority, or for other purposes as mandated by the Minister.
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