Tech Risk Supervisor (Ops Risk Policy & TPRM)

Monetary Authority of Singapore

Permanent

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

Due to extensive digital transformation, financial institutions are increasingly reliant on third-party services to enhance their technological capabilities and improve operational efficiency. Greater reliance on third-party service providers can increase operational risks for financial institutions. It may also increase financial system stability risks due to increased interconnections and potential concentration risks.

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 operational resilience initiatives in the financial industry. You will have opportunities to spearhead strategic initiatives and projects that will help to strengthen the operational resilience of the financial sector.

In this role, you will work closely with bank supervisors, the policy units for insurance and capital markets, industry associations such as the Association of Banks in Singapore, as well as participate in discussions relating to international fora such as the Basel Committee on Banking Supervision and the Financial Stability Board. You will develop expertise in policy formulation to strengthen the financial sector’s operational resilience.

What we are looking for

3-8 years of experience in financial supervision, risk management, compliance, audit, operations or a related field within the financial services industry.
Confident and highly motivated individual who thrives in a fluid environment.
Keen interest in shaping the operational resilience of the financial sector through regulatory oversight and policy formulation.
Capacity to analyse strategically, dissect policy issues, synthesize cross-cutting implications from diverse sources and offer useful options and workable solutions.
Excellent verbal and written communication skills.
Ability to develop working relationships inside and outside of the department

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.