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Monetary Authority of Singapore

Deputy Director/Assistant Director, Audit (1-Year Contract)

Monetary Authority of Singapore

Fixed Terms

Closing on 19 Dec 2024

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 Internal Audit Department (IAD) responsible for providing an independent and objective assurance of a progressive and effective control environment in MAS.   

In this role, the officer is expected to be involved in the following:

  • conduct risk-based audits to assess the adequacy and effectiveness of controls, and provide recommendations to mitigate risk and improve controls

  • conduct business process reviews and advise departments on control designs to minimise risks, and

  • apply data analytics to improve the efficiency and effectiveness of internal audit control testing. 

What we are looking for

  • At least 5 years of experience in audit or risk management

  • Strong working knowledge of risks, including fraud risks, and controls in business areas.

  • Good writing skills and effective communicator who is able to work independently as well as in a team.

  • Strong analytical skills, with ability to pay attention to details and provide constructive and effective risk mitigation measures

  • Knowledge of data analytics and/or programming languages like Python and R, and experience in using Tableau and Blue Prism 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

  • 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.