[MAS] Assistant Director, Payment Systems (Contract)

  • Job category
    Public / Civil Service
  • Contract type

Job Description


You will join the team in the Payment Systems Division (PSD) of IT Department. The main functions of PSD are to
a) manage the operations of MEPS+, a mission-critical system used by financial institutions (FIs) for settlement of Singapore Dollar inter-bank funds transfers, Singapore Government Securities and MAS Bills; and
b) support the Singapore Clearing House Association in overseeing the operations of the Automated Clearing House, which operates key retail payment infrastructures such as the FAST system, the Interbank GIRO system and the cheque truncation systems.

In this role, you will be responsible for:
i. Formulation and regular review of operational and risk management polices such as contingency plans, participation rules and security measures;
ii. Regular assessment and monitoring of risks posed to the systems, including incident management;
iii. Benchmarking against international and local standards and regulations relating to operational and cyber resiliency of financial market / critical information infrastructures


  • Experience in middle/back-office operations, operational/cyber risk management and/or IT project management.

  • Strong writing and effective interpersonal and communication skills

  • Strong analytical/troubleshooting, planning and organizational skills

  • Self-motivated, meticulous and resourceful with the ability to handle pressure well.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.


Closing on 30 Jun 2021

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