Associate Director, Funds Asset Mgmt — Grants & Incentives

Monetary Authority of Singapore (MAS); Singapore; On-site; SGD 35,712 - 58,032; Full time

Job summary

Monetary Authority of Singapore (MAS) invites applications for a role in the Funds Team within the Asset Management and Funds Division. You will administer MAS grants and tax incentives for funds and contribute to the portal system under development, liaising with industry players to review applications.

This 1-year contract seeks a careful, independent, and detail-oriented team player with strong communication skills to manage multiple priorities in a fast-paced environment.

Qualifications

• Strong written communication and analytical skills.
• Experience in supporting development of new technology systems or in asset management is not required but advantageous.

Responsibilities

• Administer MAS grants and tax incentives for funds.
• Assist in implementing and refining the portal system under development.
• Review grant and incentive applications, evaluate KPIs, and handle exceptions.

Skills

Communication

Interpersonal skills

Team player

Attention to detail

Independent worker

Multi-tasking

Tools

MS Word

MS Excel

Job description

What The Role Is

The Funds Team in MAS’ Asset Management and Funds Division seeks to sustainably grow Singapore’s asset management industry, and to enhance Singapore’s value proposition as a global funds centre for the co-location of fund management and fund domiciliation activities.

What The Role Is

The Funds Team in MAS’ Asset Management and Funds Division seeks to sustainably grow Singapore’s asset management industry, and to enhance Singapore’s value proposition as a global funds centre for the co-location of fund management and fund domiciliation activities.

The team monitors global trends and developments in the asset management industry and funds ecosystem to tap areas of growth in the sector. This includes:

• Enhancing investment fund structures that are available in Singapore such as the trusts, limited partnerships and the Singapore Variable Capital Company (VCC) vehicle;
• Conceptualising and driving industry development projects, and
• Efforts to modernise and digitalise the funds ecosystem.
  
  

What You Will Be Working On

For this role, you will be responsible for the administration of MAS’ grants and tax incentives for funds, while also contributing to the implementation and refinement of the portal system currently under development. You will be in frequent contact with industry players to review tax incentive and grant applications, evaluate KPIs and handle exceptions. You are expected to have good written communication and analytical skills. Prior experience in supporting the development of new technology systems or experience within the asset management industry is not required but will be an advantage.

What We Are Looking For

• Knowledge in MS Word and MS Excel
• Good verbal and written communication skills
• Good interpersonal skills and strong team player
• Careful and meticulous worker
• Independent worker who is motivated to drive projects and tasks to successful completion
• You will be working in a fast-paced environment that will require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments
  
  

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.