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 responsible for monitoring and identifying new regulatory developments, including developments in the digital assets space, highlighting policy concerns both from the conduct and market infrastructure perspectives. These aimed at ensuring that our regulatory regime remains robust and effective to address risks to the industry and continue to promote market efficiency and support a vibrant growth in the capital markets eco-system.

In your area of work, you will be relied on to engage the industry and assess risks and other policy concerns, initiate reviews and follow through with legislative changes as necessary. You will also support work in international standard-setting bodies and other fora to advance Singapore\'s position and influence international policies.

Areas of focus could range from reviewing regulations in systemically-important financial market infrastructures, managing international reforms and standards implementation, to studying implications from disruptive innovations to the industry. These include for example the implications on the adoption of distributed ledger technology and smart contracts, the development in the tokenised economy and digital assets space. This will be part of the steps in formulating and designing regulatory responses, and implementing changes to regulations.

What we are looking for:

• Very strong analytical mind with the ability to neatly conceptualise complex issues, identify key levers, and develop insightful and effective solutions.
• Confident, independent individual who thrives in a fluid environment
• Strong communication and interpersonal skills, and able to work independently and across teams to design and create cohesive solutions.
• Good understanding of the developments in the digital and tokenised asset space, for example on the use of distributed ledger technology in decentralised finance and its application in trading and wallet services, and applying this knowledge and insights in designing appropriate policy and regulatory responses that address risks from these activities.
• You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.
• 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.

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