Senior/Assistant Director (Industry Ecosystem), Sector Policy and Planning

Ministry of Trade and Industry (Singapore); Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Ministry of Trade and Industry (Singapore) is seeking a policy professional to design and implement strategies to strengthen Singapore’s industry ecosystem, attract investments, and drive economic growth across government partners.

You will work with statutory boards and across Government to review incentive products, assess tax incentives, monitor sector performance, and respond to global economic developments, including BEPS 2.0, ensuring value-for-money for taxpayers and resilience of supply

Qualifications

• To excel in this role, you should be comfortable with translating knowledge and insights into practical frameworks, strategies and policy recommendations.
• Working in a fast-paced environment and adapting to organisational needs and priorities.
• Assessing various viewpoints and proposing recommendations with clear articulation of benefits and trade-offs, employing data, insights, and credible external perspectives in the process.

Responsibilities

• Design and implement policies and strategies to enhance our economic competitiveness and value proposition to investors.
• Review and develop a suite of incentive products (grants, tax incentives, loans, equity, and hybrid instruments) that are aligned with Singapore’s economic strategies, generate strong outcomes and offer taxpayers value-for-money.
• Assess tax incentive applications/amendments that require Ministry approval.
• Review the performance of individual sectors, identify opportunities for restructuring, and foster the growth of nascent sectors.
• Evaluate business plans comprehensively and critically, including to ensure alignment with our economic strategies.
• Formulate Singapore’s policy responses to emerging issues such as on economic security and supply chain resilience.
• Monitor and develop our response to international economic and tax developments, such as BEPS 2.0, project.
• Be the custodian for the Economic Expansion Incentives (Relief from Income Tax) Act.
• Work with the Ministry’s Political Office Holders and Senior Management, partners from across Government (especially the EDB and Enterprise Singapore), and industry stakeholders.

Job description

What The Role Is

You will work closely with our statutory boards and across Government to design and implement policies and strategies to enhance Singapore’s industry ecosystem, attract new investments, and ensure that the fruits of economic growth benefits all Singaporeans.

What The Role Is

You will work closely with our statutory boards and across Government to design and implement policies and strategies to enhance our economic competitiveness and value proposition to investors, review and develop a suite of incentive products (grants, tax incentives, loans, equity, and hybrid instruments) that are aligned with Singapore’s economic strategies, generate strong outcomes and offer taxpayers value-for-money, assess tax incentive applications/amendments that require Ministry approval, review the performance of individual sectors, identify opportunities for restructuring, and foster the growth of nascent sectors, evaluate business plans comprehensively and critically, including to ensure alignment with our economic strategies, formulate Singapore’s policy responses to emerging issues such as on economic security and supply chain resilience, monitor and develop our response to international economic and tax developments, such as the Base Erosion and Profit Shifting (BEPS 2.0) project, be the custodian for the Economic Expansion Incentives (Relief from Income Tax) Act, work with the Ministry’s Political Office Holders and Senior Management, partners from across Government (especially the Economic Development Board and Enterprise Singapore), and industry stakeholders.

What You Will Be Working On

Specifically, you will:

• Design and implement policies and strategies to enhance our economic competitiveness and value proposition to investors


• Review and develop a suite of incentive products (grants, tax incentives, loans, equity, and hybrid instruments) that are aligned with Singapore’s economic strategies, generate strong outcomes and offer taxpayers value-for-money


• Assess tax incentive applications/amendments that require Ministry approval


• Review the performance of individual sectors, identify opportunities for restructuring, and foster the growth of nascent sectors


• Evaluate business plans comprehensively and critically, including to ensure alignment with our economic strategies


• Formulate Singapore’s policy responses to emerging issues such as on economic security and supply chain resilience


• Monitor and develop our response to international economic and tax developments, such as the Base Erosion and Profit Shifting (BEPS 2.0) project


• Be the custodian for the Economic Expansion Incentives (Relief from Income Tax) Act


• Work with the Ministry’s Political Office Holders and Senior Management, partners from across Government (especially the Economic Development Board and Enterprise Singapore), and industry stakeholders

What We Are Looking For

To excel in this role, you should be comfortable with:

• Translating knowledge and insights into practical frameworks, strategies and policy recommendations


• Working in a fast-paced environment and adapting to organisational needs and priorities


• Assessing various viewpoints and proposing recommendations with clear articulation of

benefits and trade-offs, employing data, insights, and credible external perspectives in the process