Lead/ Senior System Manager (Reserve & Risk Management) (Contract)

What the role is
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
As the central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.
As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.
MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.
Join us now if you have a genuine interest in making an impact to help shape Singapore’s economic and financial landscape.

What you will be working on

You will be part of a dynamic team within the Central Banking and Development Division under the Information Technology Department, responsible for managing the systems supporting the reserves and security management systems in MAS. These responsibilities involve supporting front to back office processing of MAS’s in-house portfolios and middle and back office processing of externally managed portfolios. You are expected to understand and support the linkages between these systems and other market infrastructures such as MAS’ internal real-time gross settlement system and SWIFT.

In this role, the officer is expected to lead an Applications team and undertake the following areas of work:

Provide leadership to an applications team:

• Manage team resources, motivate and engage staff to improve team’s performance.
• Lead the transformation of team practices and technology to increase business affinity, technology modernization, resilience, sustainability, and operational efficiency.
• Manage senior and working-level stakeholders across business and technology.
• Establish strategic relationships with product owners and sponsors to co-develop product requirements and strategy.

Application, service, and system ownership:

• Own and manage a suite of applications systems.
• Own and manage a portfolio of digital services.
• Manage the applications and services as a portfolio.

Solution design:

• Business analysis and functional design.
• Develop actionable insights into business operations and processes.
• Elicit, shape, scope, and manage business requirements through rigorous and appropriate methods of information gathering and collaboration with stakeholders.
• Design solutions that are consistent with business and technology objectives.
• Develop the solution’s business case in collaboration with stakeholders and co-champion it.

Technology analysis and solution design:

• Design the application technology solution for both bespoke applications (custom developed) and COTS based solutions.

Project and product delivery and quality:

• Plan and manage IT projects, ensuring alignment of projects to the business objectives within established scope, cost, and schedule.

Quality: To assure the quality of systems and applications, including the establishment of quality management technology and systems for applications development and delivery.

Operations and maintenance, User support:

• Establish reliable operations of the applications and digital service in the portfolio.
• Conduct maintenance and technology lifecycle management on the applications and systems.
• Establish and operationalize user support and user enablement activities to ensure systems are used to their best effect and deliver ongoing value to users.

Governance, Risk, Compliance:

• Ensure compliance with ICT Governance policies and standards.
• Establish quality mechanisms for systemic quality across all applications and systems.
• Establish risk management for applications systems.

Partner and vendor arrangements and resourcing:

• Design and establish vendor and resourcing arrangements, contracts, and service levels for the delivery and management of digital services, systems, and technology.

What we are looking for

• Bachelor Degree or Master Degree with minimally 10 years of relevant working experience in system portfolio and application management, IT business analysis, solution design, project management, and system operations and maintenance.
• Experience in trade management process (e.g., trade execution, compliance monitoring, confirmation matching) and financial instruments (e.g., bond, FX spot/swaps).
• Experience in managing projects and product development using waterfall methods and/or agile methods.
• Experience in managing vendor contracts and managing IT vendor performance.
• Expertise in IT Business analysis, software quality management, and applications technology in handling Commercial-Of-The-Shelf software.

Expertise in the following will be an advantage:

• S.W.I.F.T messaging platform and infrastructure.
• SimCorp Dimension.
• Application technology, particularly in the area of containers, microservices, and cloud technologies.
• Good decision-making skills and response to high-pressure situations.
• Resourceful and possess excellent communication and stakeholder engagement skills.
• Good analytical skills, and able to multi-task and deliver results in a timely manner.
• Effective people management skills with a positive attitude and drive.

This is a 3-Year Contract position. 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.