Top Jobs in Malaysia in Banking, Finance & Investment and their Salaries


Banking & Finance Jobs High in Demand in Malaysia

Written by EduSpiral Consultant Services For more information contact 01111408838

There are many areas in the banking and finance sector in Malaysia where each sub-sector requiring specific knowledge and

Bank Negara Malaysia

Bank Negara Malaysia

skills. The key in succeeding in the banking & finance industry is choosing the right specialisation, and ensuring you find a career path that best match your abilities and interests.

The Financial sector stands as one of the largest sectors in Malaysia with more than 300,000 people employed. This sector is made up by professionals in the Accounting, Banking, Economics, Finance, Insurance and Statistics and Taxation sub-sectors. An important industry for the country, it contributes up to 11 percent of the nation’s Gross Domestic Product (GDP).

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The role of the financial sector is envisioned to continue growing to be a key driver and catalyst of Malaysia’s economic progression.

This sector is projected to be more competitive, dynamic, inclusive, diversified, and integrated, with the ability to offer world class financial services, in terms of breadth, depth and quality to serve the needs of Malaysia.

In tandem with this, Bank Negara Malaysia (BNM – the country’s central bank) has prepared and is gradually implementing a blueprint in promoting Islamic Banking and Finance and achieving 40 percent share of the domestic financing market.

 

A Career in Corporate Finance in Malaysia

Banking & Finance professionals can earn very high salaries in Malaysia

Banking & Finance professionals can earn very high salaries in Malaysia

Corporate finance practitioners are interested in the management of funding, whether debt or equity. Positions exist on both the corporate side (big companies more so than small start-ups) and also on the financial advisory side, including Mergers & Acquisitions (M&A) specialists.

Roles include financial analysts who look at the well-being of the company from a market perspective, and treasury functions that focus more on cash management and internal financial issues.

Mergers & Acquisitions (M&A) specialists need a wide range of skills that includes financial analysis and strong interpersonal skills, as well as jurisdictional and regional tax and legal knowledge that may affect deal-making.

A Career in Commercial Banking in Malaysia

Commercial banking offers many opportunities because of the wide scope of its operations – from front-end client facing work, to credit management and operations. To succeed in the commercial banking environment is to know your products.

Commercial banks in Malaysia place a strong emphasis on demanding management training programmes. The biggest challenge in commercial banking is to remain hungry for success. You cannot get comfortable, you need to outperform others to get noticed.

Salaries for Finance, Banking and Investment Professionals in Malaysia according to Robert Walters Salary Survey

PERMANENT SALARY PER YEAR FOR 2015 IN MYR (RM)
ROLE
4 – 7 Years Exp 8 – 12 Years Exp 12+ Years Exp
Global Markets
Treasury Sales 72 – 192k 192 – 360k 360k+
Treasury Trader 72 – 180k 180 – 264k 264k+
Investment Banking
Corporate Finance 72 – 144k 144 – 264k 264k
Debt/Equity Capital Markets 72 – 144k 144 – 264k 264k
Investment Management
Private Equity 96 – 240k 240 – 360k 360k+
Fund Manager 84 – 180k 180 – 300k 300k+
Research Analyst 84 – 180k 180 – 300k 300k+
Retail Banking
Retail Sales and Distribution 66 – 90k 90 – 192k 192k+
Retail Products 48 – 96k 96 – 240k 240k+
Transaction Banking
Cash Management 54 – 96k 96 – 240k 240k+
Trade Finance 54 – 96k 96 – 240k 240k+
Wealth Management
Wealth Management Products 60 – 96k 96 – 240k 240k+
Premier/Priority Banking (RM) 60 – 96k 96 – 180k 180k+
Wholesale Banking
Commercial Banking (RM) 54 – 102k 102 – 180k 180k+
Corporate Banking (RM) 54 – 114k 114 – 240k 240k+
Years of Exp Min Max
Relationship Manager 8 years 8,000 15,000
Business Intelligence Manager 8 years 8,000 15,000
Investment Analyst 5 to 10 8,000 19,000
Product Development Head 5 to 10 8,000 18,000
Shariah Head 5 to 10 8,000 21,000
Head Credit Risk 8 years 8,000 18,000
Head Sales 8 years 8,000 15,000
Head Merchant 10 years 8,000 18,000
Senior Manager – Compliance 5 years 9,000 15,000
Branch Manager 5 to 6 5,500 12,000
Compliance Manager 4 to 5 6,500 9,500
Risk Management Manager 4 to 7 6,500 9,500
Fund Accountant Manager 3 to 7 5,500 9,000
Relationship Manager 3 to 5 4,000 7,500
Compliance Officer 4 to 5 3,500 7,000
Assistant Branch Manager 1 to 3 4,000 6,500
Credit Manager 1 to 3 3,500 6,000
Treasury Officer 4 to 5 3,500 6,500
Corporate Recovery Executive 4 to 5 3,000 5,500
Credit Analyst 4 to 5 3,500 7,500
Internal Auditor 2 to 3 2,500 3,500
Personal Financial Consultant 1 to 3 2,800 4,500

A Career in Investment banking in Malaysia

I was confused about what to study and talking to EduSpiral helped me a lot. Coming from Sarawak made it difficult for me to know which university was best in Malaysia & EduSpiral provided good insights. Eric Lu, Business at KDU University College

I was confused about what to study and talking to EduSpiral helped me a lot. Coming from Sarawak made it difficult for me to know which university was best in Malaysia & EduSpiral provided good insights.
Eric Lu, Business at KDU University College

The career in investment banking in Malaysia offers the most glamorous and lucrative career paths, but at a very high and

intense price. Investment Banks are concerned with large-scale transactions involving securities – buying, selling, or exchanging of large chunks of shares between two parties, be it in willing agreements or hostile takeovers.

A career in Investment Banking is not for the faint-hearted – those who want to succeed are expected to learn, adapt and work at a fast pace.

Job roles in investment banking include trading, client management, and other work similar to those required in corporate finance.

In fact, some corporate finance practitioners see investment banking as the next step up in their career progression – doing what they’ve been doing at the company or mid-market level and extending the size, scope, and pace to the bigger market.

A Career in Islamic Finance and Banking in Malaysia

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision. Paul Kit, Finance at UCSI University

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision.
Paul Kit, Finance at UCSI University

Islamic finance and banking spans the three previously discussed aspects of finance and banking – Islamic finance specialisations exist in corporate finance, commercial banking and investment banking. In essence, those practising Islamic finance and banking need all the skills of their conventional counterparts, as well as knowledge of the Islamic aspect of a transaction.

This combination of skills is highly prized due to scarcity in the market, and bankers and financial practitioners who have this specialised knowledge are able to out-earn and overtake their peers very quickly.

Outside these four big sectors, various specialised opportunities exist with private equity and venture capital firms, as well as hedge funds, financial planning, insurance, and of course, the oft-downplayed public accounting sector.

Study at the Best Universities in Malaysia for Banking, Finance and Investment

EduSpiral patiently answered my questions providing evidence & facts to help me make my decision. Aaron Wong, MA Business & Finance at Heriot-Watt University Malaysia

EduSpiral patiently answered my questions providing evidence & facts to help me make my decision.
Aaron Wong, MA Business & Finance at Heriot-Watt University Malaysia

In order to succeed in the competitive banking & finance industry, students must choose the best universities in Malaysia to study. The best university doesn’t necessarily mean the most expensive.

Students should choose the right university that fits them which has a good reputation for business programs, excellent facilities, top lecturers and an English-speaking student environment.

Curtin Sarawak is one of the few Universities in Malaysia that offers a variety of double major options which includes Accounting & Banking, Accounting & Finance, and Accounting & Entrepreneurship.

Graduates of the Bachelor of Commerce (Accounting), Bachelor of Commerce (Accounting & Finance), Bachelor of Commerce (Accounting & Entrepreneurship) and Bachelor of Commerce (Accounting and Marketing) programmes at Curtin Sarawak are now eligible to sit MIA’s Qualifying Examinations and, on completion, will qualify as Chartered Accountants (Malaysia).

Through its Qualifying Examination, MIA provides an avenue for membership admission for those who do not currently possess

After my Diploma at TARC, I wanted to continue on in Penang for my degree but after talking to EduSpiral, I decided to go to KL so that I can improve my English so that I can have a successful career. Chun Khin, Finance degree at HELP University

After my Diploma at TARC, I wanted to continue on in Penang for my degree but after talking to EduSpiral, I decided to go to KL so that I can improve my English so that I can have a successful career.
Chun Khin, Finance degree at HELP University

a qualification recognised under Part I and Part II of the First Schedule to the Malaysian Accountants Act 1967.

At the top ranked Heriot-Watt University Malaysia, you will learn how to apply business management and finance knowledge and skills to a range of different managerial, business and problem-solving situations, management decisions, compliance issues and governance.

The Business and Finance MA Degree Programme at Heriot-Watt University Malaysia degree explores the interface between business and finance, in particular the management and business implications of financial decision-making. It is a specialist joint degree with equal emphasis given to the subject areas of business and finance.

Another top ranked university in Malaysia, Curtin University Sarawak offers a wide range of finance degrees such as

Students can consider studying the Management & Finance degree program at KDU University College Penang or KDU College Damansara Jaya where the degree in awarded by Keele University, which is a Top 40 University in the UK.

Another university that students can consider is Asia Pacific University where they offer various specialisations in Finance &

EduSpiral counselled me online and met me at KDU College Penang to take me around the campus. It helped me a lot in making the right decision. Archie Wong, Keele University business degree programme at KDU College Penang

EduSpiral counselled me online and met me at KDU College Penang to take me around the campus. It helped me a lot in making the right decision.
Archie Wong, Keele University business degree programme at KDU College Penang

Investments for students to choose from. Students at APU will get a degree awarded by APU as well as Staffordshire University, UK.

APU’s School of Accounting, Finance and Quantitative Studies

For affordable universities with excellent facilities, students can consider UCSI University or HELP University, both with more than 20 years of experience in higher education in Malaysia.

Students after SPM in Sarawak can study the Foundation at UCSI University’s Kuching campus first before continuing on to the degree at their campus in Kuala Lumpur.

Accounting and Finance Degree Programmes Offered at UCSI University

Accounting & Finance Degree Programmes Offered at HELP University and HELP Academy

Top colleges offering finance degree programs in Malaysia are First City University College and HELP College of Arts & Technology. Graduates from both colleges are awarded degrees by their UK University partners.

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and private universities in Malaysia & Singapore. EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for

My sister found EduSpiral online. I wanted a college that wasn't expensive with great facilities and a UK degree. EduSpiral just helped us to find the right college. Yen Yong, Business at KBU International College

My sister found EduSpiral online. I wanted a college that wasn’t expensive with great facilities and a UK degree. EduSpiral just helped us to find the right college.
Yen Yong, Business at KBU International College

students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.

These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.

If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.

Please contact us for more details.

Please fill up the form for more information. If you do not give your mobile number or full name as in IC, your query will not be answered. Please make sure you give a correct email address and check your email including the SPAM or JUNK email folder within 48 hours as we will email you the information. 

  

  1. I want job in banking and finance in Malaysia… I’m an Islamic banker and doing job in Pakistan Karachi as relationshipanager since 11years….i want to apply for respectable job with good salary

    Like

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