Associate / Senior Associate (Green Bond Programme
3 days ago
**What the role is**
- The Fiscal Policy Directorate in MOF is responsible for formulating and implementing fiscal strategies and frameworks to optimise the allocation of finite public resources, to maintain macroeconomic stability (e.g. through countercyclical fiscal policies), support economic growth, and promote social equity. This requires making difficult trade-offs across competing strategic priorities in the social, economic, security and infrastructure domains, while considering progressivity and inter-generational equity. Our work ensures that we can balance the budget and have sufficient resources to advance Singapore’s key priorities, for the benefit of Singaporean households and businesses.
We ensure fiscal sustainability over the medium to long term by setting out plans for our revenue (e.g. taxes, returns on investment of reserves, Government fees), financing (e.g. use of bonds), expenditure, and public sector manpower priorities. This requires close collaboration with our colleagues across MOF, as well as other Government agencies.
**What you will be working on**
- The Green Bond Programme Office is a specialised outfit within the Fiscal Policy Directorate that is charged with developing and implementing the Government’s Green Finance policies and strategies, including our national Green Bond Framework. The Office is responsible for formulating solutions that will meet the Government’s financing needs, while furthering the Government’s Green Finance ambitions.
To achieve these objectives, the officer will need to conduct extensive external and internal engagement. Externally, the officer will engage with market stakeholders to understand the latest market developments and international best practices in green and sustainable financing. Internally, the officer will work closely with our counterparts in the MAS and other Government agencies to understand their green and transition financing needs, and develop solutions that account for all stakeholders’ interests. As the Green Bond Programme Office sits within the Fiscal Policy directorate, the officer will also have the opportunity to gain a strategic overview of the Government’s priorities and trade-offs among competing needs.
**What we are looking for**
- We are looking for a self-driven and highly motivated individual, to join our dynamic and collaborative team. As a Fiscal Policy Associate, you will be required to consult widely at all levels, synthesise and analyse information effectively, generate robust policy options and exercise sound judgment over trade-offs.
- 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
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