Jun Kiat Mak, FCCA, CA(M)

Experience

• 

  Sunway Group

  Jan 2013 - Mar 2013

  Internship Trainee

  • Prepared monthly consolidated financial statements for Sunway REITs

• 

  Maybank

  Sept 2013 - Aug 2014

  Analyst, Group PCEO’s Office

  • Specialised in cost restructuring, cost optimisation, transformation initiatives and continuous improvement for banking and insurance sectorsOther roles & responsibilities:• Performed financial analysis (i.e. profitability and productivity performance review and benchmarking) for the Executive Committee of Maybank Group• Supported communication and change management activities• Project Management Office (PMO)Project Team Member experiences:- Organisational cost restructuring initiatives for the Takaful & Insurance subsidiaries of the Group- Transformation of branch network distribution channel initiatives for an oversea banking subsidiary of the Group Show less

• 

  EY

  Sept 2014 - Jun 2021

  • Provided statutory audits for clients in listed/non-listed financial services groups comprise both conventional and islamic banking (international presences), investment banking, unit trust funds (UTF), asset management, Development Financial Institution (DFI), and stockbroking.• Led the following audit engagements in Malaysia:- 2 of the largest listed Malaysian banks- Various international banks, offshore banks in Labuan and government-owned DFI- a UK international bank’s Global Business Services centre- a state government mortgage firm and a Japanese brokerage firm- various UTF and asset management firms• Provided Financial Accounting Advisory Services (FAAS) in relation to the implementation/validation project and technical training of the new MFRSs:- 2017-2018: Led MFRS 9 implementation/validation projects for various international banks, brokerage & mortgage firms, and a leading e-payment enabler firm in SEA- 2018-2019: Led MFRS 15 & 16 validation projects for various banks• Provided agreed-upon-procedures in relation to Bank Negara Malaysia and PIDM submission for clients• Speaker of various technical trainings to the Banks’ BODs and senior management, and facilitator of various EY Assurance trainings for new associates Show less

  • Manager

    Oct 2019 - Jun 2021

  • Supervisor

    Oct 2018 - Sept 2019

  • Senior Associate

    Oct 2016 - Sept 2018

  • Audit Associate

    Sept 2014 - Sept 2016
• 

  AmBank Group

  Jun 2021 - Jan 2022

  Senior Manager, Business Finance Management

  • Performed financial analysis/forecasting/budgeting for Auto Finance and Mortgage portfolios, and performed technical analysis and simulation for Retail Banking’s loan provisioning (i.e. ECL, overlays, modification losses, EIR adjustments for Rule 78/multi-tier rate for Retail lending products, unclaimed monies and recoveries)• Reviewed and monitored Retail Banking’s profitability, business efficiency initiatives and strategic/tactical campaign pricing proposals (i.e. Hurdle Rate exercise, products’ expected lifetime assessment, Liquidity Cost Premium (LCP) and SA/FIRB Return on Capital Employed (ROCE))• Conducted BNM’s half yearly stress testing, including comprehensive simulation on stagflation and prolonged pandemic Show less

• 

  CIMB

  Jan 2022 - now

  Business Finance Advisory & Financial Reporting Standards, Group Finance• Specialise in IFRS 9 technical accounting/analysis/forecasting and models implementation (i.e. ECL, overlays, modification losses, etc.) & Asset Quality• Project Team of the Forward23+ Asset Quality Improvement programme. The programme was shortlisted as the Top 3 Finalists for the Forward23+ Awards in Nov’24.

  • Vice President

    Apr 2024 - now

  • Assistant Vice President

    Jan 2022 - Mar 2024