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 team responsible for fostering an innovative and inclusive payments ecosystem in Singapore, and anchor Singapore\'s position as a global payment hub. As a policy analyst, you will provide research and analysis to support the team\'s development of strategies, policies, and initiatives, aimed at promoting the growth of e-payments in Singapore and design future-ready national payment infrastructures.What we are looking for:Collaborating with key stakeholders from government agencies and the payments and banking industry on policies and initiatives to enhance e-payment solutions and infrastructure for businesses and individuals in Singapore.Supporting the execution of industry projects to enable safe, efficient, and interoperable e-payment solutions. This includes developing payments market and governance policies with the industry for national payment rails including PayNow, FAST, GIRO, SGQR, SGQR+, cheque truncation systems, and electronic deferred payments solution.Facilitating close coordination within the payments industry, including leading infrastructure and market development policy projects and supporting the Payments Council secretariat team.Building a deep understanding of the needs and challenges of domestic payment users, including businesses and individuals, to guide the development of effective strategies.Crafting and fine-tuning medium to long-term strategies for MAS\' payments roadmap for the domestic payments market and infrastructure.This is a 2-year contract role.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 assessmentAll 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