Associate/Assistant Director, Asset Mgt and Funds Division (1-Year Contract)

Land Transport Authority; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

Land Transport Authority in Singapore seeks to strengthen its asset management sector by attracting top asset managers from traditional and alternative sectors and by building a strong local talent pool. The role requires collaboration with government agencies, industry members, and academia to broaden Singapore's asset management ecosystem.

The position involves engaging firms, understanding business models for Singapore, and processing tax, manpower and technology grant applications to support

Qualifications

• Experience in asset management or banking is preferred.
• Strong strategic thinking and data-driven decision making.
• Ability to engage internal and external stakeholders effectively.

Responsibilities

• Formulate and implement strategies to attract asset managers across traditional and alternative sectors to establish a presence in Singapore.
• Develop initiatives to grow a pool of local talent for the asset management industry in Singapore.
• Promote innovation and adoption of technology by asset managers and the ecosystem.
• Collaborate with internal stakeholders, government agencies, industry members, and academics to grow the asset management ecosystem.
• Account manage a group of asset managers and facilitate meetings and grant applications to support their expansion in Singapore.

Skills

Asset management experience

Stakeholder engagement

Strategic thinking

Data analysis

Project management

Communication skills

Job description

[What the role is]

You will be a member of a team responsible for developing the asset management sector across traditional and alternative sectors, including private equity and venture capital.

[What you will be working on]

• Formulate and implement strategies to attract top asset managers across traditional and alternative sectors including hedge funds, private equity and venture capital to establish a presence in Singapore, and to deepen and diversify their capabilities here, such as but not limited to sustainable or impact investing;


• Develop initiatives to grow and anchor a pool of quality local talent for the asset management industry in Singapore;


• Promote and facilitate innovation and adoption of technology by asset managers and the ecosystem, such as fund tokenisation and fund settlement utilities;


• Foster a robust and conducive market environment across tax, regulations and ancillary services to support the growth and maintain the competitive proposition of the asset management industry in Singapore.

As part of your work, you will actively monitor global trends and developments in the asset management sector, and engage external parties to solicit views and gather feedback, with a view to assessing the implications and developing strategies to strengthen Singapore's long-term competitiveness as a leading asset management hub.

You will need to collaborate closely with internal stakeholders, relevant government agencies, industry members and academic institutes to grow the asset management ecosystem.

You will also be responsible for the account management of a group of asset managers. As the key contact point, you will need to understand the firm's business models and plans for Singapore, facilitate meetings and process various tax, manpower and technology grant applications to support their expansion in Singapore.

[What we are looking for]

• Experience in the asset management or banking industry and/or relevant work experience in non-financial organisations is preferred


• Good appreciation of business needs and market realities and demonstrated abilities to make good judgement call


• Excellent strategic thinking, and strong data and analytical (including competitiveness analysis) skills


• Strong interpersonal skills and ability to positively influence internal and external stakeholders


• Strong project management skills and ability to lead organization-wide projects involving multiple stakeholders


• Excellent verbal and written communication skills


• A good team player who is proactive and motivated with keen interest in strategy and developmental work

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. This is a 1-year contract. All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.