Deputy/ Assistant Director, Payments Policy Division

Monetary Authority of Singapore; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A regulatory agency in Singapore seeks a candidate to join their dynamic team to shape regulatory policies for the payments industry. The successful individual will be confident and analytical, able to work with various stakeholders to address policy concerns. Strong communication skills are essential, and the role requires agility in managing multiple priorities in a fast-paced environment.

Qualifications

• Ability to thrive in a fluid environment.
• Keen interest in regulatory policy formulation.
• Capacity to analyze and synthesize implications from diverse sources.

Responsibilities

• Review and formulate regulatory policies relating to payment systems.
• Monitor global developments to enhance regulatory practices.
• Work closely with other MAS departments and industry stakeholders.

Skills

Confident, independent individual

Strong written and oral communication skills

Ability to develop working relationships

Analytical and strategic thinking

Self-motivation and initiative

Job description

What the role is:

Singapore’s payments industry is evolving rapidly with diverse set of players from remittance agents to digital payment token service providers. With the vibrant development of the industry, you will join a dynamic team which is responsible for reviewing and formulating the regulatory policies relating to payment systems and payment institutions. You will play an important role in shaping the regulatory regime for the industry, balancing the objectives of managing risks while facilitating innovation.

What you will be working on:

You will work closely with other relevant MAS departments and interact regularly with the industry to address policy concerns, initiate reviews, and follow through with legislative changes as necessary. You will also be responsible to monitor global developments with the aim of enhancing our regulatory policies and practices as relevant.

What we are looking for:

• Confident, independent individual who thrives in a fluid environment.
• Keen interest in shaping the payments regulatory landscape through regulatory and policy formulation.
• Enjoy having robust discussions to think critically and rigorously about problems and formulate effective and practical solutions.
• Capacity to analyse strategically and synthesize synthesise cross-cutting implications from diverse sources.
• Strong written and oral communication skills.
• High degree of self-motivation and initiative.
• Ability to develop working relationships inside and outside of the department.
• 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. 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.