Partnership between the public sector, private sector, and public is a critical enabler for the transition to a sustainable future. Every sector of society has a part to play. The financial sector can be a catalyst for change through financing transition activities and channelling capital to environmentally friendly projects and technologies. Corporates can invest in sustainability initiatives to green their operations and promote sustainability in their organisation and industry. Members of the public can be sustainability changemakers in their own spheres of influence. The intern will support MAS’s efforts to engage stakeholders outside of the public sector to galvanise support for and catalyse sustainability initiatives. This will include financial institutions, corporates, and the general public.

As part of the Sustainability Office, the intern will help to: 

i. Facilitate meetings and engagements with local and international sustainability experts.
ii. Support the preparation of engagement materials and briefs for roundtables and committees which MAS is involved or organises.
iii. Support the content development of the annual Sustainability Report (SR) to be launched in June/July 2022. iv. Research and curate content for MAS’s public engagements (e.g. speeches, panel discussions).

• Overview of sustainability initiatives, opportunities, and challenges in the financial sector
• Practical and transferable hands-on experience in sustainability communications and engagement
• Understanding of public-sector decision making and considerations
• Writing and presenting skills for the workplace

• Strong analytical skills
• Good communication skills, both written and presentation 
• Independent and proactive 
• Resourceful
• Interest in sustainability, finance, and development work

(1) Research on

(a) jurisdiction scans of environmental crimes, how they are incorporated and how they have been assessed by FATF,

(b) jurisdiction scans of policy approaches taken to designate Environment Offences as ML Predicates, analysis of appropriate approach for Singapore, and risk mitigation measures taken;

(2) Environment Crime risk assessment and analysis arising from LEAs' statistics and typologies;

(3) Preparation of and analysis of survey returns from Banks,

(4) Related policy work including risk mitigation measures.

Environmental, social and governance (ESG) reporting requirements for companies and mandatory disclosures by financial services firms are rapidly gaining traction. As concerns about greenwashing ratchet up, firms must be able to substantiate their sustainability claims to regulators, investors, and consumers. In turn, regulators must lead the way, and support companies in their disclosure efforts.  The intern will support MAS and inter-government efforts on ESG disclosures for listed and non-listed companies. This includes conducting in-depth research into climate-related and nature-related financial disclosures, and supporting the development of strategies to establish Singapore as a hub for sustainability reporting and assurance.

As part of their research, the intern will: 

• Research and analyse existing and new disclosure frameworks with a focus on natural capital and disclosure metrics. This will also include consolidating and analysing feedback from various stakeholders;
• Review and update on sustainability disclosure requirements and legislation in other countries;
• Support inter-government efforts on disclosures for non-listed companies
• Support efforts to develop Singapore as a trusted centre for sustainability reporting and assurance, including through capacity building efforts

• Overview of sustainability initiatives, opportunities, and challenges in the financial sector
• Knowledge of sustainability disclosure initiatives and regulations
• Understanding of public-sector decision making and considerations
• Writing and presenting skills for the workplace

• Strong analytical skills
• Good communication skills, both written and presentation 
• Independent and proactive 
• Resourceful
• Interest in sustainability, finance, and development work

MAS will be embarking on a Green Finance Jobs Transformation Map to identify and assess the impact of sustainability on financial sector roles over a 5 year, and 10-year horizon. This include identifying new roles that will be displaced or roles that will be greened within the two horizon periods. The intern will be part of the team driving the study and will support the team’s engagement with consultants, other government agencies as well as industry players, including industry associations, and financial institutions. 

The intern will support the team in the project including:

• Project management and stakeholder engagement 
• Research and analysis of key trends of sustainable finance on manpower development 
• Gathering of feedback and analysing of data from internal and external stakeholders

The intern will also assist the Sustainability Office in other areas of work related to jobs & skills, including providing inputs to speeches, papers, briefs and presentations (e.g. MAS’ internal/industry led green finance committees or inter-agency meetings).

• Share and present interim findings of consultancy study to internal stakeholders and to the wider economic agencies 
• Support team’s key functions, projects, events and MAS’ internal/industry led green finance committees and inter-agency meetings.

• Good overview of MAS’ sustainability initiatives and manpower development efforts • Develop project management and stakeholder engagement skills 
• Writing and presenting skills for the workplace

• Strong analytical skills
• Good communication skills, both written and presentation 
• Independent and proactive 
• Resourceful
• Interest in sustainability, finance, and development work