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

Public Service Division; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

The Public Service Division in Singapore is seeking a skilled professional to drive the next generation of digital payment solutions and enhance Singapore’s national payment schemes through cross-border linkages with bilateral and multilateral partners.

You will contribute to cross-border payment linkages, policy governance and strategic partnerships with payment firms and foreign regulators to advance Singapore’s standing as a regional payments hub.

Qualifications

• 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.

Responsibilities

• Cross-Border Payment Linkages – manage and expand Singapore’s cross-border payments connectivity network with banks, regulators and international organisations.
• Policy and Governance – develop and refine policies and frameworks for governance and risk management of cross-border linkages.
• Partnerships – build strategic relationships with payment firms, foreign regulatory counterparts, and international agencies.

Skills

Payments systems

Stakeholder mgmt

Communication skills

Analytical skills

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

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  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.

  
  


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  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.

  
  


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  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

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  Relevant experience in payments product development, public policy or payments regulations

  
  


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  Experience in transactional banking or payments or in developing and launching new financial products or services will be advantageous

  
  

Knowledge and Skills

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  Strong understanding of local and international payments systems and infrastructure, local and regional payments ecosystem and regulations

  
  


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  Effective communication skills and stakeholder management skills, with the ability to positively influence across all levels of internal and external stakeholders

  
  


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  Strong verbal and written communication skills

  
  


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  Strong analytical and problem-solving skills

  
  

Attributes

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  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.

  
  


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  Strong interpersonal skills, easily connects with people

  
  


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  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.