Job Description

What the role is:

The Monetary Authority of Singapore (MAS) is Singapore\'s 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\'s 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 - 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\'s economic and financial landscape.

What you will be working on:

This role will support MAS in the preparations for the repeal of the regulatory regime for the registered fund management companies (RFMCs). With the repeal, over 200 RFMCs will have to apply for a licence in order to continue operating. RFMCs that meet criteria will be approved to become licensed fund management companies.

Responsibilities include:

Assist in monitoring the status of licence applications by RFMCs.

Assist in checking that licence applications submitted by RFMCs are complete, and in the review of the applications.

Support the logistics for industry and internal briefings on the repeal.

Assist in checking and updating published materials that provide guidance on the repeal and the transitional arrangements for RFMCs.

Assist in maintaining and updating internal records on RFMCs.

Perform any other task needed to support MAS\' preparations for the repeal of the RFMC regime.

What we are looking for:

Prior working experience in the fund management industry would be an advantage.

Good written and verbal communication skills.

Ability to work well independently and in a team environment.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

This is a contract position till end 2024. All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

About Monetary Authority of Singapore:

MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.

Monetary Authority of Singapore