Position: First Level Executive, Surveillance & Data Analytics | Jabatan Mata Wang - Automated Cash Centre
ROLE PURPOSE
Plan, prepare and conduct macro and micro surveillance activities over currency operations and Ecosystem, including Registered Currency Processors (RCP), with aims to ensure the Bank’s regulatory objectives for the safety, stability and integrity of the currency. This includes performing the analysis of currency-related data to identify and forecast trends, patterns, and anomalies that impact overall currency ecosystems to ensure efficient cash operations and contribute to strategic planning based on data-driven insights
PRINCIPAL ACCOUNTABILITIES
(a) Macro and Micro Surveillance & Market Analysis
- Conduct macro and micro level surveillance on cash operations nationwide to generate insights with regards to currency availability, quality and integrity, using various sources of data by leveraging analytical software applications or other relevant tools.
- Perform surveillance activities over currency operations and ecosystem with aims to ensure the Bank’s regulatory objectives for the safety, stability and integrity of currency is achieved.
- Assess and analyse the periodic (monthly/quarterly) and any ad-hoc data report prepared on currency for circulation within JMW and/or submission to the Management.
- Lead liaison with line sections for data submission, data accuracy and validating issues, if any, to ensure timely submission to Management.
(b) Data Analytics
- Identify, monitor and conduct thematic analysis on existing or potential emerging issues, vulnerabilities and abnormalities in relation to cash operations i.e. cash deposit or withdrawal, processing, quality and integrity for implementation of pre-emptive measures, policy formulation and supervisory interventions.
- Analyse and forecast trends, patterns and anomalies that impact currency issuance, circulation and overall currency operations to recommend relevant policy interventions (e.g. identify currency volume required to ensure adequate supply of banknotes and coins to meet demand).
- Undertake development of new and innovative analytical solutions/tools (including dashboard on monthly statistics) to facilitate surveillance and oversight of currency-related activities both internally (e.g. ACC Regional Cash Operations) and externally (e.g. processing activities by Registered Currency Processors).
- Explore statistical modeling tools and statistical model software as forecasting alternatives for currency demand to enhance data analytics function and surveillance role.
(c) Others
- Formulate and review Standards/Guidelines in relation to the data on currency to strengthen supervisory interventions as and when required.
- Prepare budget requirements for Section, manage and monitor expenditures and outstanding budgeted items.
- Undertake administrative functions and other ad hoc assignments been assigned from time to time.
QUALIFICATIONS
Academic Qualifications:
Bachelor’s Degree in Statistics, Computer Science, Actuarial Science, Business Solutions, Economics, Accounting, Finance or in any related fields
Experience:
Minimum 3 years' working experience in related field.
TECHNICAL SKILLS/ KNOWLEDGE
- General Currency Management
- Data Analysis
- Currency Demand & Forecasting
- Critical & analytical thinking
- Budget/Financial Management
- Legal and regulatory requirements
- Office Management