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]

You will be part of the Coins & Business Excellence Division in the Currency Department responsible for managing the procurement of circulation currency stock, outsourced currency operations and development of new currency projects. You will also be working on environmental and sustainability issues relating to the management of Singapore\'s currency in circulation.

You will have the opportunities to be involved in the following areas of work:

Managing replenishment of circulation currency, including administrating procurement procedures, liaising with appointed contractors and relevant stakeholders, and conducting inspections, to ensure availability of currency stock to meet public demand and fulfilment of contractual requirements Supervising and managing appointed contractors for outsourced currency operations, through conducting onsite inspections, reviewing reports and performance evaluations, to ensure deliverables and contractual requirements are met

Reviewing currency-related policies and legislation to ensure they remain relevant, and implementing environmental initiatives to support MAS\' sustainability roadmap for currency operations

Managing numismatic and commemorative currency projects, including conducting research and working with designers, to ensure smooth implementation in the issuance of such notes and coins

Conducting currency research to keep abreast of the latest developments and advancements in the industry

Monitoring counterfeiting trends to maintain public confidence in Singapore\'s currency and ensure security features in our currency continue to be state of the art

Handling currency-related enquiries and feedback from members of the public and the media

You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of different stakeholders, as well as the agility to respond to changes and developments in the industry.

[What we are looking for]

A service-oriented, meticulous and resourceful individual

Good analytical and organisational skills

Excellent interpersonal, written and verbal communication skills

Good people skills, with the ability to lead and motivate team members

Relevant experience in procurement is preferred

Experience in (i) government procurement; or (ii) data management and analysis; and/or (iii) process management will be an advantage

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