|
|
23-02-2021, 05:14 PM
|
|
Quote:
Originally Posted by Unregistered
what is the employee grade # for executive director, may I ask?
|
unfortunately this is rather true...its typically for their scholars unless you are really a superstar
|
23-02-2021, 05:27 PM
|
Senior Member
|
|
Join Date: Mar 2020
Posts: 73
|
|
Quote:
Originally Posted by Unregistered
what is the employee grade # for executive director, may I ask?
|
I think it's probably Grade 4-6 somewhere there.
Grade 13 is Trainee Officer/Associate, 0-3 years of experience.
Grade 11-12 is Assistant Director, 3-6 years of experience. Grade 11 and above can be Team Lead already.
Grade 9-10 is Deputy Director.
Grade 8 is Deputy Director who are also Division Head.
Grade 7 should be Director, who may be Division Head or Department Head.
|
24-02-2021, 12:21 PM
|
|
Quote:
Originally Posted by COVID-19
I think it's probably Grade 4-6 somewhere there.
Grade 13 is Trainee Officer/Associate, 0-3 years of experience.
Grade 11-12 is Assistant Director, 3-6 years of experience. Grade 11 and above can be Team Lead already.
Grade 9-10 is Deputy Director.
Grade 8 is Deputy Director who are also Division Head.
Grade 7 should be Director, who may be Division Head or Department Head.
|
Generally, senior management (Director and above in MAS), if they wish to move on to the private sector, are they sought after? specially since they might know the regulatory environment well?
or is it that the private sector is not really interested in such people and the only option for those who move will move laterally to other stat board/ministry?
|
24-02-2021, 02:39 PM
|
Senior Member
|
|
Join Date: Mar 2020
Posts: 73
|
|
Quote:
Originally Posted by Unregistered
Generally, senior management (Director and above in MAS), if they wish to move on to the private sector, are they sought after? specially since they might know the regulatory environment well?
or is it that the private sector is not really interested in such people and the only option for those who move will move laterally to other stat board/ministry?
|
It depends on the department. For example, some non-financial specific work like procurement, or consumer service, I hardly think it is high-paying in the private sector. If it's AML department, which is the trend now, then yes.
I did my own stalking on LinkedIn to see where ex- MAS colleagues went. An Assistant Director from the Insurance or Banking department can become a Manager in Insurance Broker companies, or insurance companies, or AVP in banks.
One of the Team Leads left MAS after 30 years, and can find a job in insurance companies immediately as consultant.
|
24-02-2021, 05:31 PM
|
|
Quote:
Originally Posted by COVID-19
It depends on the department. For example, some non-financial specific work like procurement, or consumer service, I hardly think it is high-paying in the private sector. If it's AML department, which is the trend now, then yes.
I did my own stalking on LinkedIn to see where ex- MAS colleagues went. An Assistant Director from the Insurance or Banking department can become a Manager in Insurance Broker companies, or insurance companies, or AVP in banks.
One of the Team Leads left MAS after 30 years, and can find a job in insurance companies immediately as consultant.
|
Thanks for the info, appreciate it
if you director and above, is there job security just like lower levels?
|
24-02-2021, 06:21 PM
|
Senior Member
|
|
Join Date: Mar 2020
Posts: 73
|
|
Quote:
Originally Posted by Unregistered
Thanks for the info, appreciate it
if you director and above, is there job security just like lower levels?
|
Do you mean job security inside MAS itself? I think MAS hardly asks people to leave. Plenty of people work in MAS for 30-35 years and then retire here. But of course, stuck at glass ceiling of Deputy Director.
This is because there are too many talented people in MAS already. Lots of colleagues who have Masters in Oxford, Cambridge, etc (not a scholar when they joined, but because they perform well, obtain company sponsorship for further studies); and they are high-flyers at work such as representing MAS at various international events.
|
01-03-2021, 04:02 PM
|
|
Quote:
Originally Posted by Unregistered
Generally, senior management (Director and above in MAS), if they wish to move on to the private sector, are they sought after? specially since they might know the regulatory environment well?
or is it that the private sector is not really interested in such people and the only option for those who move will move laterally to other stat board/ministry?
|
Even to reach Director, it will be very hard. There is a limited amount of Director roles in the organization. There is probably a waitlist in front of you unless you are a scholar.
But in terms of the portability of skills, as the poster above mentioned, you might be able to get a good deal in a private company.
Banking/insurance/capital market supervision --- risk/compliance roles or even credit roles
Markets and investment --- investment or trading roles
Economic policy --- economist or other research roles
Development --- business development roles due to industry contacts
FinTech --- hot stuff along with Payments
No idea about other departments but some are naturally more in-demand than others.
|
02-03-2021, 07:05 PM
|
|
Quote:
Originally Posted by COVID-19
Do you mean job security inside MAS itself? I think MAS hardly asks people to leave. Plenty of people work in MAS for 30-35 years and then retire here. But of course, stuck at glass ceiling of Deputy Director.
This is because there are too many talented people in MAS already. Lots of colleagues who have Masters in Oxford, Cambridge, etc (not a scholar when they joined, but because they perform well, obtain company sponsorship for further studies); and they are high-flyers at work such as representing MAS at various international events.
|
thank you covid-19 for your help
|
02-03-2021, 07:05 PM
|
|
Quote:
Originally Posted by Unregistered
Even to reach Director, it will be very hard. There is a limited amount of Director roles in the organization. There is probably a waitlist in front of you unless you are a scholar.
But in terms of the portability of skills, as the poster above mentioned, you might be able to get a good deal in a private company.
Banking/insurance/capital market supervision --- risk/compliance roles or even credit roles
Markets and investment --- investment or trading roles
Economic policy --- economist or other research roles
Development --- business development roles due to industry contacts
FinTech --- hot stuff along with Payments
No idea about other departments but some are naturally more in-demand than others.
|
thank you, very helpful
|
02-03-2021, 11:17 PM
|
|
Can anyone provide color on the culture and/or nature of work within financial supervision branch? Say for example, between the various supervisory teams (e.g. insurance, banking, capital markets)?
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|