Deputy/Assistant Director, Payments Dev (Strategy & Policy Analyst) (Contract)

Monetary Authority of Singapore; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A central bank is seeking a strategy and policy analyst to enhance Singapore's payments infrastructure. The role involves developing policies and strategies to modernize payment rails, drive innovation, and collaborate with stakeholders. Candidates should possess strong analytical skills, strategic thinking abilities, and an understanding of the global payments landscape. This position offers a 2-year contract with renewal options, suitable for proactive team players interested in advancing Singapore as a financial hub.

Qualifications

• Strong strategic thinking abilities with a grounded perspective.
• Excellent analytical skills with the capability to synthesize complex information.
• Ability to influence stakeholders positively.

Responsibilities

• Strengthening national payments infrastructure for future innovation.
• Deepening interoperability across payment schemes for seamless transactions.
• Collaborating with key stakeholders to develop enabling policies.

Skills

Strategic thinking

Analytical competence

Interpersonal skills

Understanding of global payments trends

Communication skills

Team player

Job description

What the role is:

You will be a strategy and policy analyst, working as part of a dynamic team to position Singapore’s payments sector for the next stage of growth. You will develop and implement policies and long‑term strategies to uplift Singapore’s national payments infrastructure and modernise our payment rails.

What you will be working on:

The outcomes you will drive include:

• strengthening the resilience of national payments infrastructure to provide the stable foundation essential for future innovation;
• deepening interoperability across national payment schemes and payment networks, to make payments more seamless for consumers and businesses; and
• advancing functionality in national payment rails, through identifying use cases and developing next‑generation payment solutions that address future needs.

Your work will include:

• envisioning the capabilities, features and infrastructure that Singapore will need in the future state of payments, through analysing leading modern payment infrastructures and identifying global best practices;
• reviewing policy frameworks and formulating strategies to enable sustainable long‑term investment in Singapore's national payments infrastructure to achieve future‑state capabilities and features, and securing buy‑in from government and industry stakeholders; and
• collaborating and building strategic relationships with financial institutions, key corporates in target sectors, technology firms and foreign regulators, to understand growth drivers and opportunities in the payments sector, and develop enabling policies and initiatives for Singapore to ride these.

What we are looking for:

• Good strategic thinking, with realistic views. Grounded in current facts, while able to see possibilities.
• Strong analytical competence with the capacity to synthesise value from diverse, rapidly‑changing sources.
• Strong interpersonal skills and able to positively influence internal and external stakeholders.
• Strong understanding of trends and developments in the global payments landscape.
• Strong verbal and written communication skills.
• A good team player who is proactive and motivated, with keen interest in growing Singapore as a financial centre.
• Background in technology will be an advantage.

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, with the option to renew for another 2 years. 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.