Deputy/assistant Director
2 weeks ago
**[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 Insolvency and Public Trustee’s Office (IPTO) is hosted in collaboration with and support from the Monetary Authority of Singapore. You will be seconded to the Ministry of Law’s Legal Division and work closely with IPTO’s operational divisions in the provision of legal advice, representation in legal proceedings as well as undertaking the prosecution of offences under IPTO’s purview, reviewing charging and sentencing positions when such prosecutions are undertaken, as well as working on legislative and law reform matters.
IPTO’s varied work includes personal and corporate insolvency, trusts, moneylending and pawnbroking industry regulation, maintenance enforcement and more. Given the broad scope of work in IPTO, you will be expected to handle a wide range of roles involving different areas of legal expertise.
On a day-to-day basis, the role specifically entails:
- As an Assistant Official Assignee/Receiver: Advising bankruptcy and corporate insolvency case administrators on the legal and operational matters in the administration of bankrupts’ and insolvent companies’ estates.
- As an Assistant Public Trustee: Advising on public trustee issues, such as distribution of un-nominated CPF moneys and small estates to the beneficiaries of the deceased person.
- As Prosecuting Officer: Handling criminal prosecutions, including trials.
- Advising the Registrar of Moneylenders and Registrar of Pawnbrokers on issues of licensing and regulation.
**[What we are looking for]**
Key competencies required:
- Deep Critical Thinking: Distil critical issues and sense-make from a wide range of information, arriving at effective legal solutions
- Legal Advisory: Provide advisory/drafting services to internal departments on legal matters, to help the agency achieve its corporate, organisational and regulatory objectives
- Legal Drafting: Translate policy requirements into final document appropriately, in a clear and concise manner
This is a contract position till 15 December 2029.
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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