You will join the team that supports MAS’ reserve management operations.
Monetary Authority of Singapore
Associate/Assistant Director, Settlements Division (2-Year Contract)
Fixed Terms
Closing on 19 Mar 2026What the role is
What you will be working on
In this role, you will be responsible for timely and accurate confirmation and settlement of investment transactions executed by MAS’ portfolio managers. This will require you to work closely with the portfolio managers, trade counterparties, cash agents and custodians to escalate and resolve trade confirmation and settlement issues.
You will also be involved in testing activities relating to system upgrades and on-boarding of new investment activities as well as disaster recovery and business continuity planning.
You will work with the team to identify and implement workflow improvements to enhance operational efficiency and formulate and implement control measures to mitigate operational risks. You will have opportunities to participate in projects to rollout system enhancements and market-driven initiatives.
What we are looking for
2-5 years of relevant experience in the banking and finance industry in a back-office settlements/operations role
Good knowledge of financial instruments (bullion, derivatives, fixed income, fx, futures, money market) and financial market mechanisms/conventions/systems (such as central clearing)
Good knowledge of SWIFT message types for cash payments, securities settlement , bullion and experience in using SWIFT
Experience in using trade confirmation matching platforms (DS Match, DTCC Central Trade Matching, Markitwire)
Experience in executing or managing testing activities
Good written and verbal communications skills
Strong analytical and problem-solving skills
Applicants who require work passes need not apply
All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.
About your application process
This job is closing on 19 Mar 2026.
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.
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.
Learn more about Monetary Authority of Singapore