Deputy/ Assistant Director, Tech Risk Supervisor (Anti-Scam)

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

With the rapid digital transformation, Singapore's financial industry faces evolving challenges from technology and cyber threats. Scams targeting online banking and payment users are on the rise and this is of significant concern.

You will be part of a dynamic team in the Technology and Cyber Risk Supervision Department (TCRD) that plays a pivotal role in driving key technology and cyber resilience initiatives in the financial industry. You will be involved in promoting safer online banking and payments through working with the industry on various technological solutions, controls and policies to engender a more secure online banking and payment ecosystem. You will be involved in:

• Developing IT and cybersecurity strategies to combat online banking and digital payment scams.
• Monitoring online banking and payment scam techniques and evaluating the effectiveness of technology and cyber controls in mitigating them.
• Providing updates and reports to senior management on online scam-related issues.
• Supporting online scam-related workgroups and forums within MAS.
• Working closely with colleagues from other MAS functions, relevant government agencies and the financial industry to counter online scams.

You are expected to be able to work in a fast-paced environment and have the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.

What we are looking for

• Bachelor's degree in Computer Science, Information Technology, Cybersecurity, or a relevant field.
• 3-8 years of experience in technology risk management, cybersecurity, or a related field within the financial services industry.
• Self-driven, motivated person with strong interpersonal, presentation and communication skills (written and spoken).
• Good analytical skills, with ability to work effectively and independently under pressure, meet deadlines, multi-task and prioritise tasks effectively.
• Ability to explain complex technical concepts to non-technical audiences.

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.