Jr-10000003780 Assistant Director

2 weeks ago

Singapore MAS Monetary Authority of Singapore 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 the Note Management Services Team in the Currency Department responsible for issuing, receiving and processing of Singapore currency notes. You will assist Head of Notes & Services Division to plan, direct and coordinate activities relating to the Automated Materials Handling System (AMHS) to provide currency note services to the banks and security couriers. You will also be involved in reviewing currency notes policies, systems and processes relating to the management of Singapore currency notes, as well as administer the repatriation of Brunei currency under the Singapore-Brunei Currency Interchangeability Agreement.

Your main responsibilities include:

- Manage the AMHS, including a critical IT system, to ensure optimal performance and high system availability to deliver currency note services to the banks and security couriers
- Plan and implement AMHS upgrading projects to update technology to enhance system performance and comply with MAS IT security standards
- Perform annual risk assessment of the critical IT system and work with external agencies e.g. Cyber Security Agency of Singapore, GovTech, Auditor-General’s Office
- Manage the national inventory for Singapore notes stock held in the vaults, including projection of currency notes to meet public demand in accordance to national stocking and replenishment policy
- Manage the key contractors (e.g. AMHS vendor, $2 and $5 outsourcing agent) to achieve optimal performance and contractual requirements are met
- Review cash policies, processes and guidelines to ensure strong internal controls and high quality of notes in circulation

**[What we are looking for]**
- Relevant experience in the area of Technology or Engineering
- Minimum of 3 years, preferably in cash/material-handling operations, operations engineering or supply chain automation operations
- Good information technology and data analytics skills
- Good leadership, interpersonal, communication and project management skills
- Applicant must be Singapore citizen
- You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.
- 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

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