Deputy / Assistant Director, Asset Management and Funds Division

Monetary Authority of Singapore (MAS); Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

As part of Singapore's central bank, you will help shape the asset management sector's future by formulating strategies to attract top managers and enhancing Singapore's global funds position. This role offers a unique opportunity to influence financial services and promote innovation within the industry.

Qualifications

• Outstanding analytical and strategic thinking skills.
• Strong project management capabilities.
• Ability to effectively communicate and influence stakeholders.

Responsibilities

• Develop strategies to attract top asset managers, including hedge funds and private equity.
• Work on enhancements to fund structures to attract investment.
• Promote adoption of AI and technology in the funds ecosystem.

Skills

Analytical skills

Strategic thinking

Verbal communication

Written communication

Project management

Interpersonal skills

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

You will be part of the team that is responsible for developing and growing Singapore’s asset management sector, and enhancing Singapore’s value proposition as a global funds centre for the co-location of fund management and domiciliation activities.

In this role, you will:

• Formulate and implement strategies to attract top asset managers across both the 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;

• Work on legislative enhancements to Singapore’s fund structures (including limited partnership and variable capital companies (VCCs)), with the aim of enhancing Singapore’s attractiveness as a leading fund domiciliation centre;

• Promote innovation and facilitate the adoption of AI and technology by asset managers and the funds ecosystem, including in areas like fund tokenisation and digitalisation of the fund settlement processes; and

• Engage global public investors, such as sovereign wealth and public pension funds, to add to the depth and diversity of the pool of institutional investors in Singapore.

• As part of your work, you will be in frequent contact with industry players to keep abreast with market trends and formulate strategies to enhance the growth of the funds ecosystem.

What we are looking for

• Excellent analytical and strategic thinking skills

• Excellent verbal and written communication skills

• Strong project management skills and ability to drive projects to completion

• Strong interpersonal skills and ability to manage and influence both internal and external stakeholders

• A legal background and/or an understanding of Singapore’s legislative processes will be an advantage but is not a requirement

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