Job Description

What the role is:[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 lead policy and infrastructure projects to drive the next generation of payments connectivity to anchor Singapore\'s position as a global payments hub. The technical specialist will play a critical role in reviewing and enhancing the technical architecture, assessing and mitigating technical risks and work collaboratively with the industry to strengthen Singapore\'s long-term competitiveness as a leading digital finance centre. The ideal candidate will have a strong technical background, excellent problem-solving skills, and the ability to communicate effectively with both internal teams and external partners. Key responsibilities will include:Analyze and review the technical architecture and design of payment systems, including interlinking models to ensure scalability, security and performance. Recommend improvements and ensure best practices are followedIdentify potential technical risks and partner internal policy analysts and industry technical and operations stakeholders to develop industry strategies, as well as build relevant policies and frameworks for better governance and risk management of our domestic payment rails and cross-border linkages.Collaborating with financial institutions, foreign regulators and international organisations to expand Singapore\'s cross-border payments connectivity network via bilateral and multilateral infrastructure projects.Stay abreast of emerging technologies and industry trends. Propose innovative solutions and work with the industry to enhance our payment connectivity.[What are we looking for]Bachelor\'s or Master\'s degree in Computer Science, Information Technology, or a related fieldRelevant experience in product or infrastructure development in financial services will be advantageous.Keen interest in the payments sector.Comprehensive technical understanding and knowledge of payment technologies, infrastructures and systems.Strong grasp of technology and technical trends as well as developments in the payments infrastructures and landscape.Strong understanding of software architecture, design patterns and best practices.Familiarity with cybersecurity principles and risk management.Team player with good networking skills and excellent organisational skills.Strong analytical competence with the capacity to synthesise value from rapidly changing and diverse sources.Excellent writing and communication skills.This is a 2 year contract.As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.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