"[What the role is]"
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
As 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]"
Department Overview
The Monetary & Domestic Markets Management Department (MDD) is responsible for implementing MAS’ monetary policy and serves as fiscal agent of the Singapore Government. MDD officers work within a high performing team to undertake foreign exchange intervention operations to manage the Singapore dollar within its policy band, conduct money market operations to manage liquidity conditions within the banking system, and manage various Singapore Government Securities programs.
Job Description
The Market Operations team is responsible for supporting MDD’s market operations. The team is expected to understand the systems end-to-end and execute processes of MDD’s operations, including collating data, maintaining databases. The team will also have to participate actively in system development. As team leader:
You will be involved in managing and guiding the team in supporting MDD’s market operations.
You will be involved in reviewing end-to-end process flows and take a lead role in delivering change such as automation of processes, restructuring of databases for more effective analysis.
You will work closely with MDD officers to develop systems required for operations, including articulating system requirements, system testing and rolling out of new systems.
The work is interesting. You can expect to gain:
A first-hand understanding of how Singapore’s monetary policy is implemented and how government borrowings are conducted;
Deep perspectives on systems used by central banks to effect our monetary policy;
Operational ownership and responsibility for critical central bank operations;
Opportunity to engage, understand and shape systems and processes in relations to central bank operations.
" [What we are looking for] "
Previous work experience in market operations support role is desirable. Degree in business or finance would be helpful. The ideal candidate:
Is energetic and keen to learn, with great attention to detail and an appreciation for operational excellence and efficiency.
Is a team player with a strong commitment to public service.
Is analytical and detail oriented, with a strong grasp of numerical concepts.
Has good communication, interpersonal relation skills.
Applicants should be Singapore citizens.
