First Level Executive, Innovation | Islamic Finance Department (IFD)

ROLE PURPOSE

Formulate ideas and analysis to develop implementation plan of innovative banking and takaful solutions, including the followings:

• Collaborate with relevant stakeholders to develop ideas for new and unique value proposition of Islamic banking/takaful product and services.
• Provide support and encourage effective business model and/or products which are consistent with strategic priorities and visions for Islamic finance.

PRINCIPAL ACCOUNTABILITIES

• Assist in formulation of strategies and policies to develop an efficient, effective, and dynamic Islamic financial system in maximising its contribution/ impact to the economy.
• Assist in identification of critical growth drivers & potential strategic initiatives that would sustain the competitive edge of the Malaysian Islamic banking/takaful in the area product/ services innovation, delivery enhancement and operational efficiency. This includes undertaking necessary assessment and review to sandbox applications and new product proposals.
• Facilitate strategic engagements/ collaboration with internal stakeholders within the Bank and also external parties (e.g., key industry players, industry associations and other agencies) to advance the innovation agenda, including on key emerging areas/ trends.
• Design and facilitate effective strategies to communicate and enhance awareness among key stakeholders on the initiatives.
• Keep abreast with market developments in the financial sector, both in the domestic and international markets and propose recommendations on how this external/internal achievement can be replicated to the benefits of domestic players.
• Undertake benchmarking and analytics assessments on key trends and strategic developmental issues in local and global banking/takaful landscape to identify relevant opportunities, including associated challenges and solutions unique to Islamic financial institutions.
• Oversee and undertake ad-hoc assignments as and when required.
• Ability to articulate and produce effective communication strategy through various channels (written and verbal) to achieve visible and meaningful impacts.

QUALIFICATIONS

Academic Qualifications:

• Masters, or Bachelor’s degree or professional qualifications in Business Management, Accounting, Finance, Economics, Law, Information Technology or other relevant disciplines.

Experience:

• Minimum 3-4 years of working experience (FLE1) or fresh graduate (FLE2). Prior experience in financial innovation such as enhancement of product, services and business model would be an added advantage.

ONLY SHORTLISTED CANDIDATES WILL BE NOTIFIED