Associate/Assistant Director, Banking Development

4 weeks ago


Norfolk, United States Careers@Gov Full time
[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]

You will be part of a dynamic team responsible for developing the financial sector and strengthening the network of financial institutions and ancillary services in Singapore. You will work closely with global and regional banks, as well as other financial institutions on mutually beneficial solutions to encourage their expansion or entry into Singapore, as well as serving the needs of the region from here. You will also be required to engage effectively with a wide range of stakeholders, including government agencies, industry bodies and other functions within MAS, to develop, promote and implement strategies to enhance Singapore’s value proposition as a financial centre. The team also seeks to anchor key events and conferences, and develop and organise outreach programmes, such as the MAS International Advisory Panel meeting, to raise the profile of Singapore’s financial centre.

This job offers you the opportunity to play an active role in the development of Singapore’s financial sector. You will gain an in-depth knowledge of the latest trends affecting the global/regional banking industry and understand how banks and other financial institutions are adapting their business models and group strategies to these key developments. You will develop your strategic thinking, analytical, negotiation and engagement skills as you work with multiple stakeholders. There will also be opportunities for frequent interaction with senior financial sector leaders in Singapore and overseas.

[What we are looking for]

  • A team player who is proactive and motivated.

  • Strong analytical and reasoning skills.

  • Advantageous to have experience working in the banking or financial services industry

  • Strong interest and understanding of banking and financial sector trends and developments, and financial institution-specific strategies. 

  • Excellent verbal and written communication skills.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.



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