Job Description

[What the role is]

The Monetary Authority of Singapore (MAS) is Singapore\xe2\x80\x99s central bank and integrated financial regulator.

As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore\xe2\x80\x99s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore \xe2\x80\x93 banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

Join us now, if you have a genuine interest in making an impact to help shape Singapore\xe2\x80\x99s economic and financial landscape.

[What you will be working on]

You will part of a team responsible for the supervision of financial institutions conducting financial advisory and insurance broking activities. This includes banks and insurers which carry out financial advisory activities, as well as licensed financial advisers.

You will be involved in assessing the adequacy and effectiveness of financial institutions\xe2\x80\x99 risk management systems and internal controls, and market conduct practices, through both onsite inspection and offsite review. You will also be involved in policy reviews related to the supervision of financial institutions.

In the course of your work, you will have opportunities to interact with other departments in MAS, as well as external parties such as audit firms, industry bodies, foreign regulators, and other government agencies.

[What we are looking for]

• Strong audit and analytical skills, and ability to pay attention to details, as well as identify broad trends and issues
• Possess good written and verbal communication skills
• Good working knowledge and experience in financial institutions conducting financial advisory activities
• Ability to multi-task and keep to tight timelines
• Self-motivated and driven
• As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.
• All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

Government Technology Agency