Senior Associate/ Associate
3 days ago
What the role is:
The Fiscal Policy Directorate in MOF is responsible for the Government’s fiscal policy and planning. We formulate and implement strategies and policies to optimise the allocation of public resources, while instilling fiscal discipline to maximise value for Singapore. We ensure fiscal sustainability over the medium to long term by planning ahead for priorities across public sector manpower, expenditure, revenue and financing, including governing public sector green bond issuances. This requires close collaboration across MOF as well as other Government agencies to shape the public policy agenda and ensure that we have sufficient resources for these meaningful programmes. This role offers a strategic overview of the government’s priorities and provides strong exposure in managing trade-offs among competing needs across the whole of government. It requires the jobholder to consult widely at all levels, synthesise information effectively, generate robust options and exercise sound judgment over trade-offs. We are looking for a self-driven and highly motivated individual, to join our dynamic and collaborative team. As a member of the team, you will help to formulate strategies and policies to maintain macroeconomic stability, support economic growth, and promote social equity.
What you will be working on:
Key areas of work could involve the following:
Review of medium-term revenue strategy to support whole of Government priorities while ensuring sustainable growth
Optimise capital management policies for Statutory Boards to enhance overall fiscal efficiency
Review of Government’s financing policies and debt management under the Significant Infrastructure Government Loan Act (SINGA)
Review of Government’s Green Finance policies and strategies, including our national Green Bond framework
Engage market stakeholders on latest developments and best practices, as well as MAS and other Government agencies on their priorities for green and transition financing
What we are looking for:
Candidates should preferably have:
Strong critical thinking, writing and presentation skills, as well as good numeracy skills
A background in economics, social sciences, business or the quantitative disciplines
Keen interest in public policy
Background in green or sustainability standards and frameworks is preferred, but not mandatory
Background in financing and market development is preferred, but not mandatory
About Ministry of Finance:
The Ministry of Finance (MOF) is responsible for managing Singapore’s fiscal policies and the structure of its economy. We work to maintain international standards and best practices in areas such as company law, accounting standards, and corporate governance principles. We aim to advance the well-being and development of Singapore by:
achieving a balanced budget through prudent and sustainable fiscal policies;
ensuring the prudent investment of the government's reserves and other public funds;
setting out policies for government procurement, customs regulation, accounting standards and business regulation;
fostering a regulatory environment conducive to business and enterprise;
ensuring that businesses operating within Singapore's jurisdiction are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles.
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