Tolong la, you think the "output" from a bank is some groundbreaking work ah?

Most staff in MAS fit into a middle-office risk/compliance role at a bank. Don't compare investment banking or other Sales roles to the role of an MAS officer because it is simply not the same jobscope.

Most banks, similar to MAS, use the same standard metrics to measure the various types of risks. Carrying out ORSA, stress testing, and risk-monitoring is not some PhD-level work.

The software already does everything. The human simply performs a second layer of assessment for double-checking and for evaluating more complex issues.

In fact, it is not even uncommon to find senior risk employees in banks who have difficulty understanding the concept of VaR (and its derivatives).

Those in FSG already know firsthand that the level of skill between FIs can be extremely wide (and of course, proportionate to their size and to the complexity of their operations).

Not every bank is DBS pls.