Deputy/Assistant Director, Asset Management and Funds Division

Monetary Authority of Singapore; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A regulatory authority in Singapore is looking for a candidate to develop the asset management sector. The role requires formulating strategies to attract top asset managers and fostering a conducive market environment. Ideal candidates should have experience in asset management or banking, excellent strategic thinking, interpersonal skills, and a strong interest in developmental work. Strong project management and communication skills are essential for this position.

Qualifications

• Strong appreciation of business needs and market realities.
• Demonstrated abilities to make good judgement calls.
• Proactive and motivated with keen interest in strategy.

Responsibilities

• Formulate and implement strategies for asset management.
• Develop initiatives to grow local talent in the asset management industry.
• Promote innovation and technology adoption among asset managers.
• Manage account relationships for asset managers.

Skills

Experience in asset management or banking

Data and analytical skills

Interpersonal skills

Project management skills

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:

In this role, you will:

• 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 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 calls;
• 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 organisation‑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.

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.

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.