SGGOVTERP

Deputy/Assistant Director, Payments Development (Policy) (Contract)

MAS: MAS Building Full time

[What the role is]

You will be part of a dynamic team that spearheads market development initiatives to grow Singapore as a leading global centre for digital payments and to build the financial ecosystem of the future.

[What you will be working on]

You will formulate policies and strategies to architect the desired future state of Singapore’s payment infrastructure and build a vibrant payments ecosystem that meets market participants’ demands in the future state of payments (e.g. data-rich payment services, high-volume atomic settlement of transactions via tokenisation, smart contract/AI-based transactions, interoperability between traditional rails and digital asset rails). Your work will include:

  • Collaborating and building strategic relationships with financial institutions, key corporates in target sectors, technology firms and foreign regulators, to understand growth drivers and opportunities in the payments sector; and develop enabling policies and initiatives for Singapore to ride these.

  • Developing and refining policies and frameworks for better governance and risk management of our cross-border linkages.

  • Undertake holistic cross-sectoral reviews to identify where incremental value-add can be unlocked in the cross-border payments landscape, and design interventions to unlock these.

  • Crafting medium to longer-term strategies for the next phase of MAS’ payments roadmap – crystallising our vision for Singapore’s position as a payments and digital asset hub.

[What we are looking for]

  • Good strategic thinking, with realistic views. Grounded in current facts, while able to see possibilities.

  • Strong analytical competence with the capacity to synthesise value from diverse, rapidly-changing sources.

  • Strong interpersonal skills and able to positively influence internal and external stakeholders.

  • Strong understanding of trends and developments in the global payments landscape.

  • Strong verbal and written communication skills.

  • A good team player who is proactive and motivated, with keen interest in growing Singapore as a financial centre.

  • Background in technology will be an advantage.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment. This is a 2-year contract, with the option to renew for another 2 years. All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.