Dealer/Associate Dealer, Islamic Money Market Unit | Market Operations & Development (MOD)

•    Plan and implement Islamic money market operations to ensure smooth functioning of the market.

•    Conduct discretionary monetary operations and market surveillance, market intelligence and research and focus on tactical strategy implementing operations. 

•    Undertake initiatives that will further promote the growth and develop the domestic Islamic financial market.

•    Market surveillance on interbank trading activities and market practices.

•    System development and enhancement to ensure operational efficiency and reliable data dissemination/publication.    

 

• Conduct daily open market operations to manage liquidity in the domestic Islamic financial system using approved policy tools (direct acceptance, BNIBI, repo/revrepo, standing facilities).


• Monitor and supervise the domestic Islamic money market closely to ensure its efficient functioning in facilitating liquidity management by the Islamic banking institutions.


• Take leading role in improving operational efficiency, developing new Islamic monetary instruments, setting standards to enhance the breadth and depth of the financial market.


• Apply appropriate mix of instruments to manage aggregate monetary policy cost within budget and avoid deviation from tolerance level at any given time.


• Ensure full adherence to governance and operational processes that are in place for Islamic monetary operations.


• Perform market analysis and intelligence as well as be vigilant on the daily market development.


• Facilitate the agenda of the Islamic Financial Market Committee  with the aim of fostering growth and advancing the Islamic financial market. 


• Maintain database and compile information to provide in depth and timely analysis on the development of Islamic money market.


• Involve in cross-department and/or cross-functional team in the Bank with regards to the development of Islamic financial market.


• Establish connections, build rapport, and foster close relationships with the industry to actively gather market intelligence and feedback, ensuring a keen awareness of ongoing market developments.


• Prepare daily/periodic/adhoc reports to the Management on market activities as well as feasibility studies for future initiatives.


• Execute necessary legal documentation for borrowing and lending facility with institutional investors and financial institutions. 


• Facilitate Government of Malaysia’s (GOM) Islamic issuances

QUALIFICATIONS

Academic Qualifications: Degree or professional qualifications with an accounting, economics, banking, finance, Islamic finance or other related educational background. A CFA and PKMC holder would be an added advantage.

Experience: Treasury operations and knowledge of international economics and financial markets

PREVALENT & EMERGING SKILLS

The core competencies and skills of rapidly growing importance required to deliver the accountabilities listed or to perform the role effectively.

Generic 

•    Prevalent: Project Management, Knowledge Management, Core Central Banking Business,  Presentation, Facilitation, Report Writing, Information Communication  Technology, Risk Management

•    Emerging: Market awareness, knowledge of financial instruments, and understanding of regulatory frameworks. Trading platforms, data analysis tools, and familiarity with fintech innovations.

Technical

•    Prevalent: Economic Thinking, Strategies Formulation, Technical/Mathematic, Portfolio Analysis

•    Emerging: Understanding Shariah principles, Islamic financial instruments, risk management, numeracy, and analytical skills.