Assistant Director / Associate, Coins & Business Excellence (1-Year Contract)

Monetary Authority of Singapore

Singapore

SGD 60,000 - 80,000

Job description

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 the Coins & Business Excellence Division in the Currency Department responsible for managing the procurement of circulation currency stock, outsourced currency operations and development of new currency projects. You will also be working on environmental and sustainability issues relating to the management of Singapore’s currency in circulation.

You will have opportunities to be involved in the following areas of work:

Managing replenishment of circulation currency (notes and coins), including administering procurement procedures and liaising with appointed currency printers and relevant stakeholders, to ensure availability of currency stock to meet public demand and fulfilment of contractual requirements
Supervising and managing appointed contractors for outsourced currency operations (i.e. issuing, receiving, processing and storage of notes and coins), through conducting onsite inspections, reviewing reports and performance evaluations, to ensure deliverables and contractual requirements are met
Managing numismatic and commemorative currency projects, including conducting research and working with designers, to ensure smooth implementation in the issuance of such notes and coins
Conducting currency research to keep abreast of the latest developments and advancements in the industry
Handling currency-related enquiries and feedback from members of the public and the media

You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of different stakeholders, as well as the agility to respond to changes and developments in the industry.

What we are looking for:

Only Singaporeans will be considered for this position
Possess good inter-personal and communication skills
Have strong analytical and problem-solving skills
Able to work well in both team and individual settings
Working experience in project/contract management
Good knowledge of government procurement principles and processes
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

About Monetary Authority of Singapore

MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.