Manager, Foreign Exchange Policy Department

Job Title: Senior Analyst (Manager), Direct Investment and Manufacturing Sector

ROLE PURPOSE:

Manage a team in the following areas:

• Evaluate, review and provide recommendations on issues relating to foreign exchange policy (FEP) rules to continuously promote competitiveness of the economy while maintaining financial and monetary stability.
• Implement effective corporate surveillance framework to harness market intelligence and pre-empt potential macro-economic risks by leveraging on corporate engagement and ‘Big Data’ approach.

PRINCIPAL ACCOUNTABILITIES:

• Assess FEP measures with a principal focus on capital flow regulations relating to direct investments and provide policy recommendations to address financial stability risks.
• Lead and supervise team in implementing data-driven surveillance framework on direct investment flows and macroeconomic risks arising from cross-border capital flows derived from secondary business sector like manufacturing, property and construction industries.
• Review assessment on FEP applications by balancing the impact to financial stability and enhancing business efficiency.
• Keep abreast with financial market developments and regional benchmarking to emulate good practices of other countries in ensuring effectiveness of FEP implementation.
• Formulate FEP strategies for government initiatives, international collaboration platforms or engagements with international organisations.
• Build and foster networking with internal and external stakeholder to solicit input or feedback through market intelligence for FEP formulation.
• Identify and plan developmental needs of subordinates as well as coaching and guiding subordinates in discharging their responsibilities.

CRITICAL SUCCESS FACTORS:

• Strong analytical skills; Ability to draw linkages between the use of foreign exchange policy (FEP) tool and macro-economic implications.
• Sound knowledge of financial system, macro-economy and business sectors, both domestically and globally.
• Conversant with FEP rules.
• Data-driven, with the ability to translate statistics and market feedback into value-added insights.
• Good interpersonal skills and ability to coordinate work and engagement with various stakeholders.
• Ability to adapt and respond timely in fast-paced environment.
• Sound knowledge on accounting, finance, economics, capital flows, foreign exchange and capital markets.

SKILLS / KNOWLEDGE:

• Academic qualifications: Possess a Bachelor’s degree in Accounting, Economics, Banking, Finance or other related fields. Professional qualification would be an advantage.
• Experience: At least 5 years of working experience with sound knowledge of governing rules and Acts.