Perbadanan Insurans Deposit Malaysia (PIDM) is mandated under the Malaysia Deposit Insurance Corporation Act 2011 (PIDM Act) to act as a resolution authority for its member institutions (MI) and to promote or contribute to the stability of the Malaysian financial system.
The Intervention and Resolution Analyst is responsible for the end-to-end intervention and resolution functions within PIDM. These include undertaking risk assessment and monitoring activities, developing resolution plans and enhancing resolution readiness in Business-as-Usual (BAU), as well as implementing early intervention and failure resolution actions. The I&R Analyst is also responsible for managing relationships with all key stakeholders, including Bank Negara Malaysia (BNM), Member Institutions (MIs), the Ministry of Finance (MOF), industry associations, standard setters, and other relevant local and foreign regulatory authorities and government bodies, to ensure a cooperative and collaborative working relationship towards the effective fulfilment of intervention and resolution functions and PIDM's mandates.
Job Roles:
This position reports to the Head, Intervention and Resolution, the candidate is required to;
- Undertake risk assessment and monitoring of member institutions, including review of risk ratings;
- Develop and implement processes, controls, plans and activities in managing and resolving failing institutions, including identification of preferred resolution strategy, operational planning, resolvability review and resolvability assessment;
- Carry out early intervention and failure resolution activities, such as least cost assessment;
- Develop, review and advise on a range of resolution policy initiatives or workstreams;
- Coordinating, managing and engaging professionals, consultants, agents and key external stakeholders on ensuring an effective resolution regime.
Requirements:
- Possess a degree in accounting, finance, commerce or related discipline, or holds professional qualifications in the field of accounting or finance;
- Minimum 5 (five) years of working experience in the related areas such as accounting, auditing, recovery, insolvency, restructuring, management of non-performing assets, financial modelling, corporate finance, mergers and acquisitions (M&A), due diligence and transaction services;
- Experience in prudential supervisory of financial institutions and other regulatory agencies would be an added advantage;
- Knowledge and understanding of the financial industry (banking and insurance), including experience in Islamic finance, financial markets, banking system and operations, banking regulatory compliance, financial modelling, due diligence and valuation;
- Good understanding of the relevant regulatory practices and requirements relating to banking;
- Strong analytical and problem-solving skills;
- Ability to interact effectively at all levels of Management and across the organisation;
- Experience in project managing large projects across different departments or entities, and ability to work effectively with multiple teams.
This position is open to Malaysian citizens only.
By submitting your CV, you consent to the processing of your personal data in accordance with PIDM's Privacy Notice which can be accessed at https://www.pidm.gov.my.
