Mid-Career Professionals
Dominic Ong
Payments Department
The Payment Licensing team ensures robust risk management for various payment services, promoting stability and safety in Singapore's payment landscape. We work closely with each other, not just within the team or department, but also with others within the organisation. If you are keen to learn, ready for the fast pace and seek both depth and breadth in your work, this exciting area is well suited for you!
Melissa Lin
Payments Department
Being part of the MAS Payments team means carrying out in-depth assessments of diverse applications, offering a dynamic role with ownership and independence, while enjoying a supportive culture of collaboration and knowledge sharing. Each day presents new challenges and issues – we spend a lot of time on critical thinking and assessing each application, especially for cases of higher complexity. If you are looking for a dynamic role, this is it!
Dave Teng
Corporate Finance & Consumer Department
At MAS, I’ve had the opportunity to work on a wide range of regulatory matters that concern the proper functioning of our capital markets and the adaptation of its rules to meet changing needs. I’m also grateful for the chance to work with colleagues who are dedicated and highly skilled; and who are concerned not only to do right, but to do good.
Lam Chee Hao
Financial Centre Development Department
MAS has given me opportunities to hone my competency through taking on different roles. One of the highlights was to represent MAS in international forums on accounting and auditing standard setting. The appointment allowed me to contribute to the international supervisory community, enhance my specialist skills in accounting and develop public policy making skill. In my current role, I am developing diverse skillsets such as business development and marketing, while contributing to MAS’ growth strategies for the financial sector.
Sarah Yap
Banking Department
After having been in the banking industry for a few years, I was eager to find a job that would allow me to take on more meaningful work – work that has the potential to better the lives of the people around me. The work we do at MAS is so diverse and meaningful, and there are so many opportunities to learn new things, which is great motivation for clocking into office every day. My advice for mid-career folks who are interested in joining MAS - There is no lack of things to learn as long as you are willing and driven.
Students & Graduates
Scholars
Elliot Yeo
Payments Department
I am part of a team that formulates regulatory frameworks and policies for Singapore’s payments sector. My team focuses on facilitating responsible innovation and robust risk controls in a fast-growing digital payments sector and we are dedicated to maintaining public confidence in the security of digital banking and payments.
I find my job fulfilling and intellectually stimulating. “The financial landscape is quickly evolving, and MAS is often at the forefront of regulatory efforts to address emerging risks. There is no lack of excitement and learning opportunities are aplenty."
A version of this article was first published in BrightSparks Magazine July 2024 [MAS Scholarship - Learn, Grow, and Make a Difference for Singapore’s Financial Sector | BrightSparks July 2024 e-Magazine ]. Republished with permission from Kariera Group Singapore Pte Ltd.
Andrew Ang
Markets Policy and Infrastructure Department
MAS was a top option for me because of how important a role it plays in Singapore’s economy and financial sector – from the management of monetary policy to the development and regulation of the financial sector. My interest in the kind of work that MAS has to offer, coupled with my interest in economics and conviction in the important role of policy naturally led me to apply for the MAS Undergraduate Scholarship and pursue a career at MAS.
If a dynamic work environment and opportunities to develop depth in expertise are some of the things you are looking for, then I’ll encourage you to consider a career with MAS.
More generally, if you are keen to work at MAS, my advice is to not be afraid of working in areas that you may not be as familiar with or comfortable with. Instead, consider it as an opportunity to pick up new knowledge, learn more about your own strengths and weaknesses, and you may in fact also find yourself developing an interest in the area.
A version of this article was first published in BrightSparks Magazine July 2023 [MAS Scholarship - Shaping the Capital Markets Landscape | BrightSparks July 2023 e-Magazine ]. Republished with permission from Kariera Group Singapore Pte Ltd.
Huang Yiheng
Reserve Management Department
It began with an interest in mathematics and economics, which naturally connect to finance given the increased linkages between financial markets and the economy. The Global Financial Crisis also piqued my curiosity about the financial industry and a career in financial regulation.
As I learnt more about the industry during my studies, I decided to specialise in quantitative finance during my post-graduate education as it best suited my interests and strengths.
As I learnt more about the industry during my studies, I decided to specialise in quantitative finance during my post-graduate education as it best suited my interests and strengths.
I was drawn to a career in the public service and wanted a specialised role that would allow me to apply my interests and strengths. At the same time, I also hoped to have some variety in my job scope throughout my career.
As an economics student in junior college, I was acquainted with MAS’ role in formulating and implementing Singapore’s monetary policy. At a scholarship fair, I also learnt about the wide range of roles that MAS plays, as a central bank and a financial regulator. This seemed like a good fit for me, and with the impact of the Global Financial Crisis fresh in my mind, MAS struck me as a place where I could really make a difference.
A version of this article was first published in BrightSparks Magazine February 2023 [MAS Scholarship - A Career Worth Investing In | BrightSparks February 2023 e-Magazine ]. Republished with permission from Kariera Group Singapore Pte Ltd.
Fan Jia Rong
Monetary and Domestic Markets Management Department
From a young age, I had been fascinated by global economic events and the financial system. Wanting to create deeper impact, I came to understand the role of MAS in driving and shaping Singapore, and realised that MAS is an organisation where I could apply my interest for the greater good. Under the MAS Scholarship, I trained in Economics at the LSE, and Finance at Princeton University.
At LSE, I had the privilege of learning from the former Chief Economist and Deputy Governor of the Bank of England. Meanwhile, at Princeton, I was able to learn from quantitative traders and hedge fund managers about current topics such as high-frequency trading and the characteristics of Asian capital markets.
The economic and financial landscape is constantly evolving, and the issues that MAS officers work on are increasingly complex and cross-cutting in nature. I am glad that my training and internships prepared me for my work with MAS, which has ranged from examining the financial stability implications of climate change, to crafting MAS’ Covid-19 response to support the local economy and ultimately the lives of Singaporeans.
My work in MAS is intellectually stimulating and rewarding, and I know it has a tangible impact on shaping Singapore’s economy and financial development.
A version of this article was first published in BrightSparks Magazine Feb 2022 [MAS Scholarship - Regulating Finance | BrightSparks February 2022 e-Magazine ] when Jia Rong was in Macroprudential Surveillance Department. Republished with permission from Kariera Group Singapore Pte Ltd.
Graduate Officers
Kenneth Kwan
Banking Department
I joined MAS after the Global Financial Crisis to contribute to strengthening the resilience of Singapore's financial system. Together with regulators in other jurisdictions, we gleaned key lessons from the crisis to enhance financial stability domestically and internationally.
I enjoy working alongside diligent colleagues who are dedicated to serving the public, in a collegial environment that emphasises teamwork. I also appreciate opportunities to contribute in a wide range of areas, via rotation across various functions within MAS and a secondment to the Ministry of Finance.
My advice to youths is to always focus on doing what is right, and making things better for Singapore, Asia and our world.
My advice to youths is to always focus on doing what is right, and making things better for Singapore, Asia and our world.
Low Yen Ling
Macroprudential Surveillance Department
After my internship, joining MAS became the first choice for me because of the nurturing culture of the people here. Being in the midst of like-minded colleagues in a space that encourages free-flowing discussion and idea generation has made working here a great pleasure, not to mention the sense of satisfaction gained knowing that our work is serving a greater purpose.
An internship is helpful to determine if a work environment is suitable for you. I would encourage you to take up an internship with MAS to experience the culture and environment.
Tech and Data Talent (TEDA)
Geline Chong
FinTech & Innovation Group
I selected the fintech domain in TEDA because of my profound interest in blockchain technology. I see blockchain as a revolutionary force that has the potential to transform various aspects of our future. The uniqueness of the TEDA programme lies in its meticulously curated curriculum, offering hands-on experiences tailored to my chosen domain. This distinctive opportunity not only refines specific skills but also fortifies my technical foundation in the selected track. What sets TEDA apart is the opportunity to gain invaluable experiences that will play a pivotal role in shaping my future career development.
Aloysius Lee
People Development Department
I like how it offers different areas to match your interests. By having personalised courses, training and projects according to your chosen domain, TEDA differentiates itself from conventional careers. Through these, I am able to develop tech competencies in my chosen domain, Data. With curated training while concurrently working on actual projects, I could see myself gaining invaluable experience and deepening expertise in the domain.
Edwin Teo
Technology & Cyber Risk Supervision Department
I have come to value how TEDA is about nurturing tech talent for technology, data innovation, and growth. I have deepened my cybersecurity expertise since joining the programme. In addition, the chance to work closely with experienced professionals in the industry not only provides guidance but also open doors to new insights and potential career paths.
Fiona Tan
Calling all who have the passion to apply your technical skills to the implementation of data and tech solutions for MAS and the financial sector! Hear from Fiona, our TEDA officer, as she shares how she developed her tech skills through structured training and on-the-job learning by working on practical use cases.
Lai Yan Jean
MAS Tech & Data Talent Programme (TEDA) is a 2-year programme offering you curated training and hands-on experience to work on tech solutions and products. Hear from Yan Jean, our TEDA officer, as she shares her journey in data science and how her work contributed to her team’s decision making.