Deputy/Assistant Director, Payments Development (Policy) (Contract)

Monetary Authority of Singapore; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading financial authority in Singapore is seeking a candidate to spearhead market development initiatives aimed at growing the country as a global centre for digital payments. Responsibilities include crafting policies and strategies, collaborating with financial institutions, and conducting cross-sector reviews. Candidates should possess strong strategic thinking and analytical skills, alongside an interest in the payments landscape. This is a 2-year contract with a renewal option.

Qualifications

• Good strategic thinking with realistic views based on current facts.
• Strong analytical skills to synthesize value from diverse sources.
• Excellent interpersonal skills to influence stakeholders.

Responsibilities

• Collaborate with financial institutions and regulators to drive growth.
• Develop policies for governance and risk management of cross-border linkages.
• Identify value-add opportunities in the cross-border payments landscape.

Skills

Strategic thinking

Analytical competence

Interpersonal skills

Understanding of global payments

Communication skills

Team player

Background in technology

Job description

Overview

What the role is: You will be part of a dynamic team that spearheads market development initiatives to grow Singapore as a leading global centre for digital payments and to build the financial ecosystem of the future.

Responsibilities

• 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.
• Developing and refining policies and frameworks for better governance and risk management of our cross-border linkages.
• Undertake holistic cross-sectoral reviews to identify where incremental value-add can be unlocked in the cross-border payments landscape, and design interventions to unlock these.
• Crafting medium to longer-term strategies for the next phase of MAS’ payments roadmap – crystallising our vision for Singapore’s position as a payments and digital asset hub.

Qualifications

• 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.