Deputy/Assistant Director, Banking

2 weeks ago

Central Region, Singapore Monetary Authority of Singapore (MAS) Full time $60,000 - $100,000 per year

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 a member of the Banking and Insurance Investigations Division ("BID") of the Enforcement Department.  BID is responsible for investigating and enforcing breaches of the laws administered by MAS. Given the MAS-CAD joint investigation arrangement for Financial Advisers Act and Securities and Futures Act, you will also be gazetted as a Commercial Affairs Officer with criminal investigative power.

You can expect to be challenged intellectually and professionally as you work closely with other investigators, legal officers, as well as internal stakeholders to carry out investigations. You will provide litigation support in regulatory appeals and prosecution. You will gain insight into how the financial services sector in Singapore operates, and the rules and regulations at work, as you play an important role in MAS' enhanced enforcement regime.

What we are looking for

  • Interest in investigation work.
  • Strong analytical, communication and writing skills.
  • Ability to be innovative and creative in solving problems.
  • Prior relevant experience (financial crime/financial forensics investigation) would be an added advantage.
  • 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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