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Maritime and Port Authority of Singapore

Deputy Director (Financial Markets Development)

Maritime and Port Authority of Singapore

Fixed Terms

What the role is

You will be part of a dynamic team that spearheads Singapore's development as an international maritime centre (IMC). You will be responsible for leading one of the teams within the IMC Services Development team that devises, implements and administers initiatives to grow maritime ancillary services in Singapore including maritime green finance, marine insurance, shipbroking, maritime legal and arbitration and maritime decarbonisation such as price discovery for alternative fuels.

[What you will be working on]
The key duties and responsibilities are: 

1.    Attract and entrench inbound investments on ship financing 
a.    Lead the team in developing strategies to attract players in the ship financing space including green financing to set up and/or establish new functions in Singapore 
b.    Lead the team in developing strategies to attract alternative investments and increase the availability of such alternative investment sources e.g. family offices in Singapore.  
c.    Analyse new trends and developments in the ship finance sector, developments in maritime finance, and the growth plans of key companies.
d.    Promote and encourage adoption of MPA initiatives to support Government-level and agency-level vision.  These include the areas of digitalisation, decarbonisation, manpower development upskilling and future-proofing. 
e.    Lead the team to pioneer the development of tools or platforms to promote the development of ship financing including green finance from Singapore
f.    Lead the team to develop risk-sharing tools to manage risks related to ownership of green/transition vessels
g.    Promote Singapore as a key hub for finance instruments, including the development of Singapore as a price discovery centre for alternative fuels and subsequent pioneering of related financial instruments. 

2.    Drive service excellence
a.    Drive changes/ enhancements in existing policies/ processes to ensure that the account managers can deliver prompt and good service to shipping companies.

3.    Team leadership and coaching
a.    Provide team leadership and guidance to officers and ensure they meet the department targets and personal development objectives.
b.    Demonstrate corporate values with other stakeholders.

[What we are looking for]
a.    More than 12 years of relevant experience, with at least 5 years’ experience in a supervisory position is preferred.
b.    Experience in working with the finance sector, Singapore public sector’s client engagement, incentive management or green finance policy development will be an advantage. Experience with family offices and/or price discovery work will also be useful.
c.    Excellent communication skills, including written and presentation skills
d.    Strong interpersonal skills and able to build and maintain relationships with industry and international stakeholders at C-suite level.  
e.    Strategic with strong analytical skills and demonstrated ability to make good judgment calls.
f.    Strong leadership skills to lead and manage internal stakeholders, as well as direct and indirect reports.
g.    Effective influencing and negotiating skills.
 

You may be offered a 2-year contract in the first instance.

About Maritime and Port Authority of Singapore

"The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore's strategic maritime interests. MPA is the driving force behind Singapore's port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development."