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Analyst/Associate Analyst, Market Conduct Supervision (Insurance, Takaful & Intermediaries) | Consumer and Market Conduct Department

Posted on: 28 Nov 2024, 6:43 AM

Full Time

Company

BANK NEGARA MALAYSIA

location

Malaysia : WP - Kuala Lumpur

Deadline

27 Dec 2024, 6:43 AM

Job Scope

ROLE PURPOSE

  • Conduct/Support risk-based supervision of Insurers and Takaful Operators (ITOs) and Insurance Intermediaries (Insurance & Takaful Brokers, Financial Advisers and Loss Adjusters) in line with the Market Conduct Supervisory Framework (MCSF) to promote a strong culture of compliance and fair treatment of financial consumers (FTFC).
  • Conduct/Support the implementation of the Conduct Supervisory and Enforcement Framework (CSErF) to ensure proportionate and timely enforcement on any breaches of the Bank’s Acts, Guidelines and Policy Documents on business conduct and consumer protection to influence meaningful change in the compliance culture of ITOs and Insurance Intermediaries’
  • Assist Supervisor to provide the assessment of regulatory applications in accordance with the established regulatory expectations and internal SOPs

Job Requirement

QUALIFICATION & EXPERIENCE

  • Academic qualification: Honors degree in Insurance / Actuarial Science / Finance / Economics / Accounting / Risk Management or equivalent
  • Experiece: 2 (two) years or more working experience in insurance and auditing is an added advantage.

Minimum Year of Working Experience

2 Years

Minimum Qualification

Bachelor's Degree

Minimum Grade

Second Class Upper

Field Of Study

Finance/Accountancy/Banking

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