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]

The Resolution Office (RSO) steers efforts across MAS to put in place an effective resolution regime for key financial institutions (FI) in Singapore, thus contributing to crisis preparedness and financial stability. It works closely with various supervisory departments to develop and enhance MAS\xe2\x80\x99 resolution toolkit, as well as build strong capabilities within the organisation to support MAS\xe2\x80\x99 role as a resolution authority.

As part of the RSO team, you will play an important role in championing the resolution perspective within MAS\xe2\x80\x99 Financial Supervision Group and enhancing MAS\xe2\x80\x99 crisis preparedness and operational readiness in the event of a FI resolution, with a particular focus on the banking sector at the onset. It will be an iterative and multi-faceted process, with interdependencies across resolution-related work in other departments. Your work will expose you to international reforms and supervisory developments relating to resolution matters globally. You will gain expertise in resolution planning and execution, through assessing policy implications and operational considerations to enable the orderly resolution of failing FIs. You will also engage in discussions at international fora and interactions with overseas regulatory counterparts and Singapore government agencies to advance Singapore\xe2\x80\x99s position on resolution matters and address cross-border issues for FIs here.

[What we are looking for]

Regulatory policy or supervisory experience would be an advantage, particularly in banking

Good analytical skills and a healthy dose of curiosity to drill down to details

Adaptable and willing to work on multi-faceted issues and synthesise different viewpoints

Ability to work well independently as well as in a team to deliver concrete outcomes

Proactive and earnest in developing professionally

Good written and verbal communications skills

Open to challenges and going the extra mile when necessary

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

Singapore Economic Development Board