The role is to supervise financial institutions conducting financial advisory and insurance broking activities, including banks and insurers which carry out financial advisory activities, as well as licensed financial advisers.
Involved in assessing the adequacy and effectiveness of financial institutions’ risk management systems and internal controls, and market conduct practices, through both onsite inspection and offsite review.
Involved in reviews related to the supervision of financial institutions, legislative changes, and current processes.
Opportunities to interact with other departments in MAS, as well as external parties such as audit firms, industry bodies, foreign regulators, and other government agencies.
Strong audit and analytical skills, and ability to pay attention to details, as well as identify broad trends and issues
Possess good written and verbal communication skills
Good working knowledge and experience in financial institutions conducting financial advisory activities
Ability to multi-task and keep to tight timelines
Self-motivated and driven
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.
MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.