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Monetary Authority of Singapore (MAS) invites applications for a role in the Enforcement Department. You will advise on enforcement actions—criminal prosecutions, civil penalties—and help formulate policy, including legislative amendments.
Work with MAS stakeholders and foreign regulators in a fast-paced environment, balancing statutory duties with evolving enforcement strategies and risk-based priorities.
The Enforcement Department is responsible for investigating and enforcing breaches of the laws administered by the Monetary Authority of Singapore (MAS) under various statutes, including but not limited to the Securities and Futures Act, the Financial Advisers Act, the Trust Companies Act, the Banking Act, the Insurance Act and the MAS Act. The Department jointly investigates certain offences with the Commercial Affairs Department, including offences under Part 12 of the Securities and Futures Act such as insider trading and market manipulation. The Department is also responsible for anti-money laundering enforcement work.
You will advise on a range of enforcement actions, which the Department may undertake such as criminal prosecution, civil penalty actions and other regulatory enforcement action. You will assist in formulating and implementing enforcement-related policy, including drafting and coordinating related legislative amendments. You will also provide assistance to foreign regulators where required under the International Organization of Securities Commission Multilateral Memorandum of Understanding.
The role is multi-faceted, presenting opportunities to be involved in topical issues. You can expect to be challenged intellectually and professionally as you work closely with internal stakeholders (e.g. the Banking, Insurance and Capital Markets supervision departments in MAS) and external stakeholders (foreign regulators and other local enforcement agencies) in a dynamic environment. You will gain insight into how the financial services sector in Singapore operates, and the rules and regulations at work.
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 1-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.