Deputy Director, Central Banking

[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 a dynamic team within the Central Banking and Development Division under Information Technology Department, responsible for managing the systems supporting the reserves and security management systems in MAS. These responsibilities involve supporting front to back office processing of MAS’s in-house portfolios and middle and back office processing of externally managed portfolios. You are expected to understand and support the linkages between these systems and other market infrastructures such MAS’ internal real-time gross settlement system and SWIFT.

In this role, the officer is expected to lead an Applications team, and undertake the following areas of work:

- Manage team resources, motivate and engage staff to improve team’s performance
- To lead the transformation of team, practices and technology to increase business affinity, technology modernization, resilience and sustainability, and operational efficiency

Manage senior and working level stakeholders across business and technology
- Establish strategic relationships with product owners and sponsors to co-develop product requirements and strategy

Application, service, and system ownership:

- Own and manage a portfolio of digital services

Solution design - In an individual capacity, and to provide leadership to the team to:

- Business analysis and functional design
- Develop actionable insights into business operations and processes
- Elicit, shape, scope, and manage business requirements through rigorous and appropriate methods of information gathering and collaboration with stakeholders
- Design solutions that are consistent with business and technology objectives
- Develop the solution’s business case in collaboration with stakeholders, and co-champion it
- Technology analysis and solution design - In an individual capacity, and to provide leadership to the team to:
Project and product delivery and quality - in an individual capacity, and to provide leadership to the team to:

- Plan and manage IT projects, and ensure alignment of project to the business objectives within established scope, cost and schedule

Operations and maintenance, User support - in an individual capacity, and to provide leadership to the team to:

- Establish and operationalize user support and user enablement activities, to ensure systems are used to their best effect and deliver ongoing value to users

Governance, Risk, Compliance - in an individual capacity, and to provide leadership to the team to:

- Ensure compliance to ICT Governance policies and standards

Partner and vendor arrangements and resourcing
- Design and establish vendor and resourcing arrangements, contracts, service levels for the delivery and management of digital services, systems and technology

**[What we are looking for]**
- Experience in managing projects and product development using waterfall methods and/or agile methods
- Experience in establishing vendor contracts, and managing IT vendor performance
- Expertise in the following will be an advantage:

- Trade management process (e.g. trade execution, compliance monitoring, confirmation matching) and financial instruments (e.g. bond, FX spot/ swaps)
- S.W.I.F.T messaging platform and infrastructure
- SimCorp Dimension®
- Application technology, particularly in the area of containers, microservices and cloud technologies
- Good decision-making skills and response to high-pressure situations
- Resourceful and possess excellent communication and stakeholder engagement skills
- Good analytical skills, and able to mulit-task and deliver results in a timely manner
- Effective people management skills with positive attitude and drive

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

This is a 3-Years