Job Description

Job Summary

SGX (July - Dec 2023) Fall Internship Programme
Singapore Exchange (SGX) is Asia\'s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services. With about 40% of listed companies and 90% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia\'s most international and connected exchange.

Do you have what it takes to be at the heart of the financial industry?

Be a part of this fast-paced world where your contributions count. SGX offers you the unique experience of gaining insights into the Exchange business and the finance value chain. You will be immersed in the respective specialist functions - at SGX, we believe that our interns are involved in real-time work from Day 1.

Note: Leave of Absence (LOA) may be required to take on the internship.

RegCo Internship Programme
We have roles open in:

• SPO
• Listing Compliance
• Listing Policy & Product Admission
• Sustainable Development Office

1) SPO

Brief Overview:

SPO\'s remit is to improve RegCo\'s effectiveness through a whole-of-Regulation approach. Key activities include (i) horizon-scanning to detect and anticipate developing and incipient trends in the regulatory space, (ii) coordinating with other RegCo teams to identify and prioritise areas of focus, and facilitate the planning process that sets the basis for work planning and the development of roadmaps for the medium to long term, (iii) working alongside the communications team on public communications.

Learning Objectives:
The selected intern will learn how SGX\'s regulatory arm reviews and develops regulatory policies to meet the needs of the market. The selected intern will be exposed to different facets of SGX\'s business and long term strategic initiatives as SPO works concurrently on multiple projects with various internal and external stakeholders.

:
Assist in:

• Enhancing RegCo\'s structural frameworks - e.g. refining market-wide indicators of market health, recommending follow-up actions
• researching international and regional securities / derivatives market and regulatory developments, analyzing financial market trends (commercial and regulatory) and stakeholder needs
• studying specific market / regulatory incidents, e.g. meme trading, instances of alleged/potential market manipulation to understand their potential implications for SGX
• cross functional projects relating to sustainability and climate change which could impact the Singapore market
• preparing presentation materials and position papers

Knowledge and Skills requirements:

• Must have good command of English
• Must have basic knowledge of financial markets
• Research and report writing skills
• Able to process large amounts of information quickly and accurately
• Familiarity with Excel

2) Listing Compliance

Brief Overview:
Listing Compliance team is in charge of monitoring listed companies\' compliance with the continuing listing obligations.

Learning Objectives:

• Acquire knowledge of listing rules;
• Learn application of the listing rules and tailor to the specific circumstances of the case;
• Obtain an understanding of various corporate actions such as Placements, Rights Issue, Acquisitions and Disposals etc.
• Develop analytical skills and soft skills such as interpersonal skills, teamwork and presentation competency.

:

• Reporting to the Team Leader and Head, Listing Compliance, the incumbent is responsible for managing a portfolio of listed issuers.
• Monitor compliance with listing rules and liaising with issuers and professionals on regulatory matters.
• Processing of simple to moderate corporate actions within relevant timeframe.
• Review financial statements and annual reports.
• Attend meetings concerning his/her portfolio companies and maintain minutes of such discussions.
• Provide support to team members.

Knowledge and Skills requirements:

• Meticulous
• Some knowledge in Accounting or Finance
• Interest in reading
• Good command of English as job requires writing short memorandums
• Analytical thinking
• Good presentation skills

3) Listing Policy Product Admission

Brief Overview:
The Listing Policy & Product Admission team develops the regulatory listing policy of SGX and manages the SGX Listing Manual. The team responds to public consultations relating to listing policy conducted by public authorities and international organizations. On an on-going basis, we engage with stakeholders to gather feedback useful to the formulation of rules and policies. The team is also responsible for reviewing and approving new listing applications for debt securities, exchange-traded funds, non-traded investment funds and structured warrants listed on SGX.

Learning Objectives:
The intern will be exposed to the process of making rule amendments, from identifying the problem, researching on precedents, defining policy intent, jurisdictional comparisons, engaging with stakeholders, etc.

The intern will also create and maintain databases for the purposes of policy analysis.

:

• Assist in research for practices in other jurisdictions.
• Design and develop repository to record policy decisions taken by Listing Policy & Product Admission

Knowledge and Skills requirements:

• Must be able to distil key points for voluminous information
• Experience with designing user-friendly databases a plus
• Understanding of stock markets
• Attention to detail

4) Sustainable Development Office

Brief Overview:
The Sustainable Development Office coordinates regulatory efforts to promote the availability of corporate sustainability disclosures to investors and other stakeholders in a comparable and trusted manner, and implements initiatives to advance the sustainability performance of listed issuers. The team also participates in standards-setting projects and builds awareness and capability within the ecosystem.

Learning Objectives:

• An opportunity to be at the forefront of regulatory developments and to shape the landscape in relation to corporate sustainability reporting disclosures and the sustainable performance of listed issuers.
• Acquire an understanding of sustainability frameworks and standards.
• Acquire skillsets in analysing and reviewing proposals for changes to regulatory rules.
• Build relationships with internal and external stakeholders through various engagement/outreach efforts and contribution towards sustainability-related priorities.

:

• Conduct research on the global sustainability reporting landscape (eg. updates on global frameworks, standards, jurisdictional initiatives), sustainability trends and issues.
• Assist in reviewing proposals for changes to the regulatory rules, to align with global developments.
• Develop action plan(s) to support sustainability training capacity-building efforts for listed companies.
• Work closely with internal stakeholders across multi-disciplinary teams to support sustainability-related project(s) and initiatives.
• Contribute to thought leadership through maintaining a database on sustainability-related trends and developing relevant regulatory communications.

Knowledge and Skills requirements:

• Knowledge in finance.
• Keen interest and awareness of global sustainability reporting developments, trends and issues; and sustainable finance.
• Strong analytical abilities, methodical with good research and project-management skills.
• Clear and concise writing skills.
• Proficient in Microsoft Office suite, such as MS PowerPoint, MS Excel and MS Word.

Singapore Exchange