[MAS] Associate / Assistant Director, Payments Department (Contract)

MONETARY AUTHORITY OF SINGAPORE
  • Job category
    Public / Civil Service
  • Contract type
    Contract

Job Description

 
JOB DESCRIPTION

Singapore’s payments industry is evolving rapidly with diverse set of players from remittance agents to digital payment token service providers. In addition, the introduction of the Payment Services Act also presents new opportunities for a vibrant and competitive payment landscape, while addressing new risks and challenges that lie ahead. As new payment services and models are introduced in tandem with developments and innovations in FinTech, you will be at the forefront of ensuring that these payment service providers operate in a way that promotes Singapore as an e-payment society in our drive towards a sound and progressive financial centre.

You will be part of a dynamic team within the Payments Supervision Division that oversees the licensing of payment institutions under the Payment Services Act. You will primarily be responsible for assessing licence applications made by existing and prospective payment institutions across the full spectrum of regulated payment services including e-money services, money transfer services and digital payment token services.


JOB REQUIREMENTS

  • Strong interest in the payments sector

  • Strong written and verbal communication skills, as well as analytical skills to understand new business models

  • Adaptable and versatile self-starter who is able to work well in both team and individual settings

  • 1-3 years’ experience in related areas such as compliance, audit, legal or financial services advisory will be an advantage; fresh graduates will also be considered

This is a contract role till Dec 2022.

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 13 May 2021

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