Deputy/Assistant Director, Cross-Border Payments (2-year Contract)

Monetary Authority of Singapore; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

The Monetary Authority of Singapore is seeking a professional to drive the next generation of digital payment solutions and cross-border payment linkages, contributing to Singapore’s leadership in the regional payments landscape.

You will collaborate with financial institutions, regulators, and international partners to expand connectivity, develop governance, and advance payment initiatives in a fast-paced environment.

Qualifications

• Bachelor’s degree in a business, finance, technology or related field.
• Relevant experience in payments product development, public policy or payments regulations.
• Knowledge of local and international payments systems and regulations.

Responsibilities

• Drive cross-border payment linkages with partners and regulators.
• Develop governance frameworks for cross-border schemes and risk management.
• Build strategic relationships with payment firms and regulators.

Skills

Effective communication skills

Stakeholder management

Verbal and written communication

Analytical problem-solving

Team collaboration

Education

Bachelor’s degree in business, finance, technology or related field

Job description

What the role is:

You will be part of a dynamic team that will drive the next generation of digital payment solutions and enhancement to Singapore’s national payment schemes through cross-border payments linkages with bilateral and multilateral partners, cementing Singapore’s position as a leader in shaping the regional payments landscape.

What you will be working on:

• Cross-Border Payment Linkages — You will work with financial institutions, foreign regulators and international organisations to manage and expand Singapore’s cross-border payments connectivity network, ensuring their effective operation and continued development. This includes Singapore’s participation in Project Nexus, a multilateral cross-border payments connectivity project, where you will collaborate with internal teams and industry stakeholders on scheme governance, implementation and product development to support its go-to-market.
• Policy and Governance — You will develop and refine relevant policies and frameworks for the governance and risk management of Singapore's cross-border linkages, including ongoing administration and scheme management.
• Partnerships — You will build and maintain strategic relationships with key payment firms, foreign regulatory counterparts, and international agencies, with a focus on advancing cross-border payment initiatives and joint projects.

What we are looking for:

Education and Qualifications

• Bachelor’s degree in a business, finance, technology or related field

Experience

• Relevant experience in payments product development, public policy or payments regulations
• Experience in transactional banking or payments or in developing and launching new financial products or services will be advantageous

Knowledge and Skills

• Strong understanding of local and international payments systems and infrastructure, local and regional payments ecosystem and regulations
• Effective communication skills and stakeholder management skills, with the ability to positively influence across all levels of internal and external stakeholders
• Strong verbal and written communication skills
• Strong analytical and problem-solving skills

Attributes

• A good team player who is highly proactive and self-motivated, with strong learning propensity on the payment industry and keen interest in growing Singapore as a financial centre.
• Strong interpersonal skills, easily connects with people
• Ability to work both independently and collaboratively within a larger team

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 2-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.

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.