MAS for Mid Career Professionals

Originally Posted by Unregistered

Hi all, looking to apply for a supervision role. Wondering if any has any insights or experiences to share esp from BD and CMI. Is the culture and workload more or less the same?

Nope don't think the same.

Are u internal applicant or coming from outside? Don't seem to seeing external job ads from these two depts recently.

Well can try applying for both, if need choose, can go for BD.

But also depending what you hope to learn or gain after a few years in the dept.

Whatever views you come across to make your decision, assess whether its management or staff perspective

Originally Posted by Unregistered

Hi all, looking to apply for a supervision role. Wondering if any has any insights or experiences to share esp from BD and CMI. Is the culture and workload more or less the same?

BD's local bank supervision would be the most intense. Followed by those that supervise the banks that have retail reach in Singapore (i.e., Citibank, Standard Chartered, Maybank, etc.) CMI in general, tends to be one of the most relaxed divisions within MAS. At CMI, you can expect to leave work on time almost every day while taking 2+ hour lunches for most divisions. The local bank supervision teams in BDI though are probably working late almost every day.

Originally Posted by Unregistered

BD's local bank supervision would be the most intense. Followed by those that supervise the banks that have retail reach in Singapore (i.e., Citibank, Standard Chartered, Maybank, etc.) CMI in general, tends to be one of the most relaxed divisions within MAS. At CMI, you can expect to leave work on time almost every day while taking 2+ hour lunches for most divisions. The local bank supervision teams in BDI though are probably working late almost every day.

Thank you for saying this about CMI and now we CMI are going to be questioned for our relaxed schedules

Originally Posted by Unregistered

Thank you for saying this about CMI and now we CMI are going to be questioned for our relaxed schedules

Rilakkuma la, now ish a bz season for BD.

Actually believe no department in MAS is rilak, but can always do a sample test for presenteeism using instant messenger

Originally Posted by Unregistered

Nope don't think the same.

Are u internal applicant or coming from outside? Don't seem to seeing external job ads from these two depts recently.

Well can try applying for both, if need choose, can go for BD.

But also depending what you hope to learn or gain after a few years in the dept.

Whatever views you come across to make your decision, assess whether its management or staff perspective

Thoughts on development side? heard that they are always at odds with regulatory side.

Originally Posted by Unregistered

Thoughts on development side? heard that they are always at odds with regulatory side.

They are not la. They are two sides of the same coin. Each has different functions and both need each other.

But their respective jobscopes are extremely different la, so you just see what type of job you think will suit you more.

How much salary can a 33yo expect in non-Front office depts?

Just asking for a ballpark figure to guage

Originally Posted by Unregistered

Thoughts on development side? heard that they are always at odds with regulatory side.

Development side very good life. Get to wine and dine on the job to seduce companies to set up office here. Once the companies are hooked in, the regulatory side will squeeze the living daylights out of them.

Originally Posted by Unregistered

How much salary can a 33yo expect in non-Front office depts?

Just asking for a ballpark figure to guage

Pls refer to pg 121 of this thread for unverified salary scales.

This is assuming your previous work experience is relevant.

Also not clear how you view front office in context of central bank - who are the clients and what is the revenues being generated? May the answer lead you to a suitable department!

Originally Posted by Unregistered

Development side very good life. Get to wine and dine on the job to seduce companies to set up office here. Once the companies are hooked in, the regulatory side will squeeze the living daylights out of them.

Dun anyhowly give job description hah, hv oso seen devt side stuck in meeting or briefing past offic hour, the job hunter hoping to wine & dine may be disappointed.

And for reg side, pls go through mas tenets of effective regulation on how integrated regulator function. Tyvm!