Job Description
Key member supporting senior product heads in assessing new business initiatives & strategic investments to meet Consumer bank's F30 aspirations.
Drive alignment of management & business performance reporting logic across CBPA, GDAI, GT, Group Risk and Group Finance to ensure single source of truth reporting
Strategy and Planning
- Facilitate and provide strategic analysis with regards to financial decisions on pricing, product profitability, and evaluations for investment in new products, channels and segments
- Participate in special projects or committees to ensure successful implementation/ fitting into business requirement
- Work closely with product heads on budget planning to ensure forecasts and projections are realistic
- Review new large scale business initiatives to ensure financial viability (eg: TNGD, New products, Partnerships)
- Assess and support critical analysis for strategic long term partnership deals (Visa and Mastercard, TnGD)
- Provide financial impact and assessments on transactions such as relief programs, HP ACT CCOB Revision Mortgage Legacy and Expense Amortisation projects
- Assess and advise impact on changes in regulations, accounting treatment and provide insights on how best to mitigate financial impact and manage implementation of such changes.
Business Performance Management
- Work on strategic initiatives and execute plans to deliver business plan targets through value added analytics
- 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
- Execute behavioral analysis of products to refine FTP, liquidity and interest rate risk assumptions and for regulatory requirements
- To develop financial models for various product initiatives
- To review new business initiatives, campaigns and investments, incentive designs to ensure good governance & alignment to business objectives/profitability.
Data Analytics & Insights
- Drive data driven analytics combining financial and non financial data to support new product financial models, new projects/enhancements/initiatives requested by product teams & senior management
- Provide indepth analytics on business drivers such as Deposits in/out flow, FD pricing by CSD Regions, FD Maturity profile analysis
- Provide insights on IFRS9 provision movements & tracking of provision overlays
- Support complicated data extractions/modelling for behavioral analysis of products for purpose of FTP, liquidity and interest rate risk assessments and for regulatory requirements
- Support critical financial impact and assessments on transactions such as Covid-19 relief programs, BNM regulatory revision assessments & impact analysis, Mortgage Legacy Default rate analysis & post Covid-19 Loan & Deposit attribution analysis.
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
- Coaching & provide career development plan for down liners for sucession planning
- Knowledge Sharing/Building – impart technical and business knowledge within and outside CBPA.
Regulatory Compliance
- Support Group Finance and Group Risk to ensure capital and provisioning methodologies are in line with regulatory requirements i.e Basel, MFRS.
- To ensure changes to regulatory requirements on capital and provisioning are implemented.
- Ensures compliance to regulatory requirements, Bank and Group policies and procedures.
ll be notified.
