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Banking & Insurance Group
• Banking Department
• Complex Institutions Department
• Insurance Department

We are looking for motivated people with strong analytical and problem solving abilities as well as a demonstrated ability to work at both the conceptual and operational levels in a team environment to be part of the Banking and Insurance Group. Knowledge and experience in compliance, risk management or auditing in financial institutions will be useful.

The Banking Department and the Complex Institutions Department are responsible for the licensing and supervision of banks, merchant banks and finance companies, while the Insurance Department licenses and supervises insurance and reinsurance companies. The three departments help foster the stability and strength of Singapore's financial system by monitoring the safety and soundness of the banks, insurers and other institutions that they supervise.  We undertake risk assessments of individual financial institutions and adopt a risk-focused supervisory approach.  We participate actively in international supervisory fora and engage foreign supervisors on a regular basis in the supervision of the large number of foreign financial institutions operating in Singapore.  We also actively promote the adoption of international best practices in corporate governance and risk management by working closely with the respective industry associations.

Capital Markets Group
• Capital Markets Department
• Capital Markets Intermediaries Department
• Investment Intermediaries Department

The Capital Markets Department comprises 4 divisions, namely, Corporate Finance, Markets & Clearing Houses, Enforcement and Market Conduct Policy.

The Corporate Finance Division regulates corporate fundraising, takeovers and mergers, offers of collective investment schemes including real estate investment trusts and regulation of trust companies. Work is transaction-based and often within tight timeframes. You will be immersed in a fast paced environment that demands quick turnarounds without compromising standards.

The Markets & Clearing Houses Division is responsible for supervision of the Singapore Exchange, and other exchange operators and clearing houses. We aim to promote orderly, transparent and fair markets, as well as to formulate policies to enhance Singapore's regulatory framework for a rapidly evolving capital market.

The Enforcement Division enforces the civil penalty regime for market misconduct under the Securities and Futures Act. You will be part of the team that conducts investigation into suspected market misconduct activities and prepare cases for court. For the individuals who are driven by the excitement of investigative work, this will be the place for you.

The Market Conduct Policy Division provides opportunities for individuals to engage in market policy formulation on a wide spectrum of market conduct issues. There is never a dull moment as we test the individual's abilities to come up with creative solutions to meet and respond to the fast-changing dynamics of the financial markets. We are looking for individuals with strong project management skills and who are independent and confident.

The Capital Markets Intermediaries Department is responsible for the admission and supervision of capital markets intermediaries - including securities dealers and futures brokers, fund managers, corporate finance advisers, financial advisers, and insurance brokers - in our growing and dynamic capital markets. We recruit people who are motivated, independent and work well in a team. You should be confident, analytical and possess strong interpersonal skills when dealing with demanding and challenging situations. The ability to work at the conceptual and operational levels is also necessary in order to be an effective regulator.

The Investment Intermediaries Department is responsible for the supervision of investment intermediaries - including fund managers, Real Estate Investment Trusts managers and trust companies - in our growing and dynamic wealth management industry. We recruit people who are motivated, independent and work well in a team. You should be confident, analytical and possess strong interpersonal skills when dealing with demanding and challenging situations. The ability to work at the conceptual and operational levels is also necessary in order to be an effective regulator. The department also comprises a Consumer Issues Division that works with various partners to shape initiatives to help consumers better understand personal finance matters and make informed choices. We recruit public spirited individuals with strong communication and project management skills, coupled with a passion for financial education and desire to help empower consumers.

Policy, Risk & Surveillance  Group
• Prudential Policy Department
• Specialist Risk Department
• Macroeconomic Surveillance Department

The Prudential Policy Department is responsible for formulating capital and prudential policies for banks, insurance companies and securities firms to promote a sound and dynamic financial sector in Singapore.  The department comprises four divisions, namely Capital Policy, Prudential Advisory, Prudential Risk and Regulatory Framework. The Capital Policy Division oversees the implementation of the Basel capital standards and the development of capital standards for the financial sector. This includes MAS’ approach to the implementation of Basel III. The Prudential Advisory Division supports MAS’ participation at the Basel Committee on Banking Supervision and the Financial Stability Board, and is responsible for developing regulations on definition of regulatory capital and accounting policy. Together, the two divisions contribute to the soundness of Singapore’s financial system by shaping the capital requirements that form part of the system’s ability to handle unexpected shocks.

The Prudential Risk Division is responsible for MAS’ policies on housing loans and unsecured credit, concentration limits, and the deposit insurance and policy owners’ protection schemes. The Regulatory Framework Division oversees MAS’ policy on banking structures and the review of regulatory frameworks involving banks, merchant banks, finance companies and financial holding companies.

The Specialist Risk Department provides the risk expertise for the effective prudential supervision of Singapore's financial sector. The department monitors and assesses the risk management processes and controls of individual financial institutions and designated payment systems. It also keeps track of systemic macroprudential risks of the financial industry and formulates efficient approaches to deal with the risks identified. The Financial Risk Supervision Division focuses on financial risks at the institutional and industry levels, comprising credit, market, liquidity and operational risks. The Technology Risk Supervision Division deals with IT systems and security controls, while the Payments & Infrastructure Division is responsible for overseeing payment systems and infrastructure, and assessing the business continuity preparedness of financial institutions.

In the Macroeconomic Surveillance Department, we conduct regular surveillance of the financial system as well as of external economies to identify key trends and risks which have implications for Singapore. We undertake in-depth policy-relevant studies on macro-financial linkages, systemic risk and other financial stability issues. Your work will contribute towards the formulation of macroeconomic and supervisory policies that enhance financial stability in Singapore. We are looking for people with strong analytical capabilites and a good understanding of current macroeconomic and financial issues in Singapore and the region. Background in finance would be an added advantage.

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