Federal Territory of Kuala Lumpur, Malaysia
A Central Banker with 10 years of experience in various fields. Started off the career in policy regulation and supervision on e-payment systems involving formulation of minimum standard for security measures in Internet banking platform as well as conducted regulatory examination on payment system operators. Briefly involved and successfully launched an integrated statistical database system for regulatory statistical reporting before joining current role. Right now, as a compliance analyst for foreign exchange policies, overseeing regulatory compliance of financial institutions towards foreign exchange regulation. Experienced, high spirited, equipped with knowledge and leadership for the next role.
Lead the development and implementation of Enforcement Framework specifically for Foreign Exchange Policies, which includes: • Conduct assessment and resolution on breaches involving Foreign Exchange Policies (FEP). • Support policy development by providing insights on operational challenges involving FEP. • Collaborate with Asian School of Business in conducting annual training to industry's compliance officers to increase awareness and knowledge on FEP. • Continuous engagement with relevant stakeholders including government agencies to provide clarification on the policies.
Undertake market intelligence on identified corporation and its industry by analysing trends and company behaviour to highlight potential issues and emerging risks • Timely escalation of surveillance reports to management on companies under purview which provide valuable insight for decision making and input for policy review 2. Undertook the assessment of managing capital flows and support onshore foreign currency liquidity for corporate under surveillance • Effective engagement, moral suasion including assessment of application resulted in repatriation of investment income by corporate under surveillance • Mitigation of negative impact on ringgit arising from large conversion by resident corporates by imposing staggered conversion condition
Co-lead the development and implementation of Integrated Statistical Services (ISS) in managing statistical database • Gather and understand business requirement by engaging user departments. • Develop comprehensive test procedures according to user requirements. • Perform software test activities such as test execution, data readiness, capturing and analysing test results and raising & tracking defects. • Provide support to user departments by conducting training on the new ISS and continuous engagement for any system issues experienced by users.
Lead the supervisory role on local payment system operators: • Conduct risk-based thematic review on identified payment system operators, focusing on effective and comprehensive business continuity plan, standard operating procedures for retail payment systems and robust security monitoring to detect potential fraud threats. Lead the review on the comprehensiveness of security measures for Internet banking: • Conduct industry benchmarking on level of security of Internet banking platform focusing on, among others, the practice of using two-factor authentications to prevent Internet banking fraud. • Engagement with industry on the state of readiness to move away from single factor authentication. • Continuous monitoring of the implementation on minimum standard for security measures by the industry, identify any challenges and provide resolutions.