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]As a member of the Legal Department, you will provide legal advice and creative solutions on a wide range of supervisory and regulatory issues covering banking, capital markets and insurance as well as on international agreements, financial and commercial matters. You will be challenged to anticipate and address new financial trends from the legal perspective.Division 1 advises on the legal aspects pertaining to the prudential and market conduct functions of MAS. It also assists in developing the legal framework for the regulation of new financial businesses and in meeting changing global financial standards. Legal support will cover banking, insurance, capital markets, payment services and financial technology.Division 2 is responsible for the legal aspects of the central banking and developmental functions and international relations of MAS. This portfolio covers a variety of subjects on governance, reserve and risk management, procurement, currency, technology and developmental projects. The international aspects will extend to legal support in shaping international standards for financial institutions. You will also be engaged in issues relating to public international law and private law issues, including on free trade agreements and memoranda of understanding.[What we are looking for]Relevant experience or degree in Law and admitted to legal practice.Strong analytical and communication skills.Ability to work as part of a team and independently.Applicants should be Singapore Citizens.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. This is a 1-year contract.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