Deputy / Assistant Director, Competitiveness & Grants, Business Competitiveness

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 team responsible analysing the competitiveness of Singapore’s financial sector and developing the financial ecosystem to support Singapore as an international financial centre. This includes the management and administration of the Financial Sector Development Fund (FSDF).

Your role will include:

• Monitoring financial sector developments and tracking the performance of asset class strategies
• Studying the business environment and formulating developmental strategies to enhance Singapore’s position as a leading international financial centre
• Overseeing the management and administration of incentive schemes under the FSDF to support Singapore’s growth as an international financial centre
• Conducting budget planning and designing resource allocation frameworks to effectively manage FSDF’s resources
• Engage relevant MAS departments and other external stakeholders (including industry players, consultants and other government agencies) to identify emerging issues, as well as to seek feedback and propose strategies and initiatives that will advance Singapore’s standing as a modern services hub

What we are looking for

• Strong interest in financial sector trends and economic development work
• Possesses strong numeracy, problem solving and reasoning skills
• Effective communication and stakeholder management skills
• Accounting knowledge or relevant experience in economic development work, grants management/ administration, budget planning or financial modelling is an advantage