Job Description

[What the role is]

You will be part of the team which is responsible for the timely and accurate settlement of MAS’ monetary and domestic markets management transactions.

[What you will be working on]

This will include the administration of the MAS Electronic Payment system (MEPS+) and the Current Account System, and supporting the issuance and settlement of Singapore Government Securities (SGS), Singapore Savings Bonds, MAS Bills, Special SGS and Advance Deposits.

You will also be involved in testing activities relating to system upgrades and on-boarding of new investment activities as well as disaster recovery and business continuity planning.

You will work with the team to identify and implement workflow improvements to enhance operational efficiency and formulate and implement control measures to mitigate operational risks. You will have opportunities to participate in projects to rollout system enhancements and market-driven initiatives.

[What we are looking for]

• 2-5 years of relevant experience in the banking and finance industry in a back-office settlements/operations role

• Good knowledge of financial instruments (fixed income, fx, money market) and financial market mechanisms/conventions

• Good knowledge of SWIFT message types for cash payments, securities settlement and experience in using SWIFT

• Experience in executing or managing testing activities

• Good written and verbal communications skills

• Strong analytical and problem-solving skills

• Applicants who require work passes need not apply

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