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Deputy/Assistant Director, Payments Development

2 weeks ago

Central Region, Singapore Monetary Authority of Singapore (MAS) Full time $104,000 - $130,878 per year

You will formulate policies and strategies to architect the desired future state of Singapore's payment infrastructure and build a vibrant payments ecosystem that meets market participants' demands in the future state of payments (e.g. data-rich payment services, high-volume atomic settlement of transactions via tokenisation, smart contract/AI-based transactions, interoperability between traditional rails and digital asset rails).

Your work will include:

  • Collaborating and building strategic relationships with financial institutions, key corporates in target sectors, technology firms and foreign regulators, to understand growth drivers and opportunities in the payments sector; and develop enabling policies and initiatives for Singapore to ride these
  • Developing and refining policies and frameworks for better governance and risk management of our cross-border linkages
  • Undertake holistic cross-sectoral reviews to identify where incremental value-add can be unlocked in the cross-border payments landscape, and design interventions to unlock these
  • Crafting medium to longer-term strategies for the next phase of MAS' payments roadmap – crystallising our vision for Singapore's position as a payments and digital asset hub

Requirements:

  • Good strategic thinking, with realistic views. Grounded in current facts, while able to see possibilities
  • Strong analytical competence with the capacity to synthesise value from diverse, rapidly-changing sources
  • Strong interpersonal skills and able to positively influence internal and external stakeholders
  • Strong understanding of trends and developments in the global payments landscape
  • Strong verbal and written communication skills
  • A good team player who is proactive and motivated, with keen interest in growing Singapore as a financial centre
  • Background in technology will be an advantage

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.