Tech Risk Supervisor (Ops Risk Policy & TPRM)

Monetary Authority of Singapore (MAS); Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

The Monetary Authority of Singapore is looking for a motivated individual to join the Technology and Cyber Risk Supervision Department. This role involves managing initiatives to enhance operational resilience in the financial industry, working with various stakeholders to shape regulatory oversight. The ideal candidate will have significant experience in financial supervision or related fields and possess strong analytical and communication skills.

Qualifications

• 3-8 years of experience in financial supervision, risk management, compliance, audit, operations or related fields.
• Confident and highly motivated individual who thrives in a fluid environment.
• Keen interest in regulatory oversight and policy formulation.

Responsibilities

• You will work closely with bank supervisors and policy units.
• Develop expertise in policy formulation to strengthen operational resilience.
• Spearhead strategic initiatives and projects for the financial sector.

Skills

Risk Management

Compliance

Audit

Operations

Analytical Skills

Communication Skills

Job description

Due to extensive digital transformation, financial institutions are increasingly reliant on third-party services to enhance their technological capabilities and improve operational efficiency. Greater reliance on third-party service providers can increase operational risks for financial institutions. It may also increase financial system stability risks due to increased interconnections and potential concentration risks.

You will be part of a dynamic team in the Technology and Cyber Risk Supervision Department (TCRD) that plays a pivotal role in driving key operational resilience initiatives in the financial industry.You will have opportunities to spearhead strategic initiatives and projects that will help to strengthen the operational resilience of the financial sector.

In this role, you will work closely with bank supervisors, the policy units for insurance and capital markets, industry associations such as the Association of Banks in Singapore, as well as participate in discussions relating to international fora such as the Basel Committee on Banking Supervision and the Financial Stability Board. You will develop expertise in policy formulation to strengthen the financial sector’s operational resilience.

Requirements :

• 3-8 years of experience in financial supervision, risk management, compliance, audit, operations or a related field within the financial services industry.

• Confident and highly motivated individual who thrives in a fluid environment.

• Keen interest in shaping the operational resilience of the financial sector through regulatory oversight and policy formulation.

• Capacity to analyze strategically, dissect policy issues, synthesize cross-cutting implications from diverse sources and offer useful options and workable solutions.

• Excellent verbal and written communication skills.

• Ability to develop working relationships inside and outside of the department

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.