Job Purpose:
Provide data driven insights and business recommendations on improving profitability and product performance on key consumer banking products. (Product Pillars: Credit Cards, Personal Financing, Auto Finance, Mortgage & Other Lending products)
Prepare value added financial performance analysis with insights and identify areas of risk and opportunity for Malaysia specifically in areas related to IFRS9 and RWA.
Monitor and analyse monthly business performance against budget and benchmarking against industry and competitors
Support product managers/heads in assessing new business initiatives & strategic investments to meet Consumer bank's F30 aspirations.
Key Responsibilities:
Strategy and Planning
- Work closely with product heads on budget planning to ensure forecasts and projections are realistic specifically in areas related to Loan Loss Provisioning and RWA.
- Assess and review areas of risk and opportunity for Malaysia specifically in areas related to IFRS9 and RWA.
- Facilitate and provide strategic analysis with regards to financial decisions on pricing, product profitability, and evaluations for investment in new products, channels and segments
Business Performance Management
- Prepare value added financial performance analysis with insights and identify areas of risk and opportunity for Malaysia
- Monitor and analyse monthly business performance against budget and benchmarking against industry and competitors
- Present financial performance and financials insights for business reviews
People Management & Collaboration
- Support senior product heads to address financial / business related issues
- Close collaboration with peers from Group Finance, Group Risk, Group Strategy and other support units to optimise financial outcomes
- Internal Teamwork – tight coordination required to deliver financial reports, analysis, product and campaign reviews, as well as projects involving CBPA
- Knowledge Sharing/Building – impart technical and business knowledge within and outside CBPA
Regulatory Compliance
- Ensures compliance to regulatory requirements, Bank and Group policies and procedures.
Job Specification
- Degree/Diploma in following fields: Accounting, finance, economics, statistics, actuarial science, computing or engineering
- At least 5 years in accounting/finance roles OR banking & finance – business finance and analytics related role
- Strong understanding of P&L components such as Loan Loss Provision & RWA (Basel)
- Familiar with consumer banking product structures and interest/ fees computations
- Ability to uncover actionable insights and articulate complex financial reports to stakeholders
- Possess strong understanding of accounting financial standards and BNM guidelines and policies related to RWA
- Keen eye for numbers and comfortable with handling large volumes of financial and non financial data
- Agile thinking – helping stakeholders making informed decision in a fast-changing operating environment or uncharted territorry
- Analytical and strong logical thinking capability
- Self-disciplined; Highly energetic and self-motivated
- Committed and dedicated to grow with a progressive company
- Responsible and take accountability
- Goal-oriented, keen to learn and take challenges
- Fast turnaround and able to collaborate across divisions and departments
