Deputy/Assistant Director, Financial Advisers Supervision

Monetary Authority of Singapore (MAS); Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A regulatory authority in Singapore is looking for a team member to supervise financial institutions involved in financial advisory and insurance activities. Responsibilities include assessing risk management systems and interacting with various stakeholders. Ideal candidates will possess strong audit and analytical skills, along with good communication and experience in financial advisory activities.

Qualifications

• Strong audit and analytical skills.
• Good written and verbal communication skills.
• Experience in financial advisory activities.
• Ability to multi-task and meet tight deadlines.
• Self-motivated and driven.

Responsibilities

• Assessing financial institutions' risk management systems.
• Conducting onsite inspections and offsite reviews.
• Interacting with other departments and external parties.

Skills

Audit skills

Analytical skills

Attention to detail

Communication skills

Multi-tasking

Job description

What the role is

You will be part of a team responsible for the supervision of financial institutions conducting financial advisory and insurance broking activities. This includes banks and insurers which carry out financial advisory activities, as well as licensed financial advisers.

What you will be working on

• Involved in assessing the adequacy and effectiveness of financial institutions’ risk management systems and internal controls, and market conduct practices, through both onsite inspection and offsite review.
• Involved in reviews related to the supervision of financial institutions, legislative changes, and current processes.
• Opportunities to interact with other departments in MAS, as well as external parties such as audit firms, industry bodies, foreign regulators, and other government agencies.

What we are looking for

• Strong audit and analytical skills, and ability to pay attention to details, as well as identify broad trends and issues
• Possess good written and verbal communication skills
• Good working knowledge and experience in financial institutions conducting financial advisory activities
• Ability to multi-task and keep to tight timelines
• Self-motivated and driven

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.