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Topic Review (Newest First)
Today 01:11 PM
Unregistered Shiok to get 3.5 months and see the 吃闲饭 get below 2 months
Today 09:20 AM
Unregistered
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Originally Posted by Unregistered View Post
Honestly can't say its bad
How many months?
Today 12:51 AM
Unregistered
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PB out. Happy or sad? How many months you got?
Honestly can't say its bad
Today 12:49 AM
Unregistered
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Originally Posted by Unregistered View Post
Any insights for payment department?
Interviewers said it is like a start up.
Does it operate like fintech as well?
The offered package isn’t great at all.. but considering the name of MAS, worth a try?
The reason why it appears to be a "start-up" is because of how recent payment services are.

The traditional industries like banking, insurance, and asset management have been around for ages so regulation and supervision is well-established and stable to some extent.

However, payment services are the new kid on the block with many permutations, so the department is still finding its footing. It would probably get better/clearer over time.
Yesterday 09:49 PM
Unregistered
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2023 inflation got 4%. If increment less than this means no increment haha
4% is fake news. Actual increase in price in stores is like 20% at least
Yesterday 09:45 PM
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lol @ healthy increment
2023 inflation got 4%. If increment less than this means no increment haha
Yesterday 09:40 PM
Unregistered PB like Sai. What is the average?
Yesterday 09:35 PM
Unregistered lol @ healthy increment
Yesterday 09:33 PM
Unregistered
PB

PB out. Happy or sad? How many months you got?
Yesterday 11:09 AM
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Originally Posted by Unregistered View Post
Thanks both for your perspectives. Would the FX experience at MDD be valued in the private sector though?
The answer to your question depends on how long you intend to stay and what sort of roles you are looking at after exiting.

It sounds as if the main incentive for you is exit opportunities in private sector. I feel you should be open to the possibility of staying 3-5 years, if not the level of “inside knowledge” (if any) you acquire as a rank and file may not reach the depth for you to compete meaningfully with say analysts who have years of solid operational knowledge in financial institutions.

Not to mention that as other posts raised, minimum notice period for departments with access to sensitive info can be extended beyond 3 months to 6 months or tiagong even a year! By that time, you lucrative job offer may have evaporated as even if the role is willing to wait for you, the norm is to subject staff leaving for FIs to cooling measures - not least restriction in access to information. In short, any “inside knowledge” you come across may no longer be updated or relevant by the time you’re out.

This is not to say there is totally no edge after working at MAS, many have done well in private sector after leaving MAS, but it is likely that those people were brilliant on their own merit and would have thrived whereever they go with or without the regulator experience.
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