Deputy & Assistant Director, Capital Markets Policy

Monetary Authority of Singapore; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A government agency in financial regulation in Singapore is seeking a candidate to manage policy formulation for the capital markets sector. Responsibilities include monitoring regulatory developments, engaging with industry stakeholders, and supporting international standard-setting efforts. Candidates should possess a strong analytical mindset, interpersonal and communication skills, and the ability to thrive in a fast-paced environment. This role emphasizes managing multiple policy concerns effectively.

Qualifications

• Strong analytical mind with the ability to conceptualize complex issues.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong communication skills in both written and verbal forms.

Responsibilities

• Identify new regulatory developments and manage policy formulation.
• Monitor and engage the industry to assess risks and policy concerns.
• Support work in international standard-setting bodies.

Skills

Analytical skills

Data analytics tools

Interpersonal skills

Communication skills

Job description

What the role is:

The Markets Policy and Consumer Department formulates policies on capital markets to ensure fair, orderly and transparent markets, and safe and efficient financial market infrastructures. It is also responsible for formulating policies on market conduct to achieve fair outcomes for investors and uphold corporate governance standards. It also includes the Consumer Issues Division which spearheads initiatives in financial education to support Singapore's national financial well-being programme MoneySense, and coordinates MAS' responses to consumers who have disputes with financial institutions.

What you will be working on:

You will be responsible for identifying new regulatory developments and managing policy formulation for the capital markets sector from a systems perspective, ensuring that our regulatory regime manages risks to the industry, promotes market efficiency and innovation, and remains appropriate and relevant in the evolving capital markets landscape.

In your area of work, you will be relied on to monitor and engage the industry to assess risks and other policy concerns, initiate reviews and follow through with legislative changes as necessary. You will also support work in international standard-setting bodies and other fora to advance Singapore’s position and influence international policies.

Areas of focus could range from reviewing regulation of systemically-important financial market infrastructures, managing international reforms and standards implementation, to studying implications from disruptive innovations to the industry, designing and implementing appropriate regulatory approaches for investor protection and market integrity.

What we are looking for:

• Very strong analytical mind with the ability to neatly conceptualise complex issues, identify key levers, and develop insightful and effective solutions. Good knowledge in using data analytics tools will be an added advantage.

• Confident, independent individual who thrives in a fluid environment.

• Strong interpersonal skills, able to work in and across teams to leverage multiple perspectives to create cohesive solutions.

• Strong communication skills, able to communicate simply and effectively in both written and verbal forms

• 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.

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.