Deputy/ Assistant Director, Payments Development (Policy)

Monetary Authority of Singapore

Permanent

Closing on 21 Sep 2025

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.

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).

What you will be working on

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.

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.

About your application process

This job is closing on 21 Sep 2025.

If you do not hear from us within 4 weeks of the job ad closing date, we seek your understanding that it is likely that we are not moving forward with your application for this role. We thank you for your interest and would like to assure you that this does not affect your other job applications with the Public Service. We encourage you to explore and apply for other roles within Monetary Authority of Singapore or the wider Public Service.