Deputy/assistant Director, Supervisory

[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]

The Supervisory Methodologies, Tools and Analytics (SMTA) division within the Inspection & Supervisory Methodologies Department (IMD) designs frameworks and methodologies for effective supervision of banks in Singapore. We work in close partnership with banking supervision colleagues.

As part of the Supervisory Methodologies Team (SMT) within SMTA, you will be part of a team responsible for:

- Establishing and executing the strategic roadmap, priorities, and action plans to transform banking supervision and reshape banking practices to enhance agility, effectiveness, and efficiency for the future of banking supervision. This include leveraging supervisory technology and developing analytical tools to automate supervisory processes and improve surveillance capabilities for more effective and efficient allocation of supervisory resources. You will also analyse and optimise operational processes, implement innovative strategies, and foster a culture of continuous improvement.
- Developing and enhancement of supervisory methodologies and standards for the effective conduct of analyses of the banking sector. These include key frameworks on risk and impact assessments and culture and conduct supervision.
- Monitoring trends and identifying emerging risks and potential hot spots to the banking sector, to inform decisions for risk-based supervision and shape supervisory methodologies.
- Building capacity among stakeholders such as banking supervisors and regulatory counterparts by delivering training and providing advice in the area of supervisory methodologies.

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.

[What we are looking for]
- Understanding of banking and financial services industry. Prior experience in banking supervision would be an advantage but not a must.
- Proactive and self-motivated, with good communication and interpersonal skills given frequent interactions with internal and external banking industry stakeholders.
- Comfortable in working with data, with a keen understanding on how the data can be used to facilitate supervisory monitoring.
- Keen eye for detail and always looking for opportunities to make a difference.
- Open to new ideas and possibilities.
- Eager to challenge yourself and push boundaries.
- Ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.
- All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting. _
- As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment._