• 1) Manager/ Senior Manager, Surveillance & Quality Assurance
  • 2) Career Adviser
  • 3) Manager, Standards, Accreditation and Certification
  • 4) Manager/ Senior Manager, Employability Skills Development
  • 5) Assistant Manager/ Executive, Finance and Programme Funding (2-year contract)

Background:

The Institute of Banking and Finance (IBF) was set up in 1974 to develop a robust and responsive financial sector training infrastructure and position Singapore as a leading financial training hub.

As the national accreditation and certification agency for financial competency under the Skills Framework for Financial Services, IBF works closely with industry to set out competency standards and raise the quality of professionals in the financial services industry. IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore’s Adapt and Grow initiative. IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

For more information, please visit our website: www.ibf.org.sg.


Responsibilities:

  • Establish fraud investigation systems and processes to detect and analyse irregularities in all IBF administered funding, grant or incentive schemes, including the related programmes marketing, delivery and claims submitted by training providers, training participants and financial institutions.
  • Perform regular review of training providers, claims and other data sources for risk profiling, and claims audit.
  • Engage training providers to facilitate assessment of risk impact.
  • Design and implement policies and processes to prevent fraudulent activities and to recover any disbursed claims.
  • Handle complaints, feedback and whistle-blowing on IBF approved programmes and/or claims.
  • Prepare risk assessment reports to management on areas of potential/heightened risks and recommendations on how these can be addressed.
  • Conduct investigations on training providers and/or associated entities that may have breached IBF’s terms and conditions for approved programmes and grant funding.
  • Review audit findings and prepare reports to recommend actions to be taken on training providers with non-compliance or contravention issues and follow through on the recommended actions.
  • Manage and collaborate with external agencies in the preparation, responses and closure of all internal and external audits and investigations and updates to stakeholders.
  • Conduct environmental scans and maintain a knowledge base of abuse or fraud in similar situations and updating risk assessment framework accordingly.

Requirements:

  • Tertiary qualification.
  • Up to 3 years of relevant work experience in surveillance, compliance audit or investigations for manager and 3 to 7 years for senior manager.
  • Strong analytical skills to detect and identify red flags presented in claims as well as weaknesses in procedures, criteria and systems.
  • Ability to identify root causes and propose solutions.
  • Strong attention to details and accuracy to factor different sources of information in the investigation of cases.
  • Excellent communication and interpersonal skills to engage service providers and other stakeholders.
  • Effective team player with good communication, analytical and interpersonal skills.
  • Driven, meticulous and able to multi-task and work independently.
  • Knowledge related to financial reports, accounting principles, Penal Code and Criminal Procedure Code are an advantage.
  • Candidates without the required qualifications but with relevant experience are welcome to apply.

Background:

The Institute of Banking and Finance (IBF) was set up in 1974 to develop a robust and responsive financial sector training infrastructure and position Singapore as a leading financial training hub.

As the national accreditation and certification agency for financial competency under the Skills Framework for Financial Services, IBF works closely with industry to set out competency standards and raise the quality of professionals in the financial services industry. IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore’s Adapt and Grow initiative. IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

For more information, please visit our website: www.ibf.org.sg.


Responsibilities:

IBF Careers Connect (IBF CC) provides career advisory and job matching services to individuals in the financial services industry. It is also a complementary hiring channel for employers and recruiters. You will play a key role in providing skills and career advisory to individuals who are interested to join the financial industry, as well as financial sector practitioners looking to move into other growth areas within the industry. You will help these individuals evaluate their skills and experience, improve their job search skills, assist them in setting career goals and recommend relevant interventions. You will leverage on relevant resources, including IBF’s suite of training schemes, competency framework and network of IBF Fellows, to achieve this.

You are expected to engage with financial institutions and other agencies to keep abreast of employment trends, job openings and emerging skills required by the industry. You are required to understand the skills and qualification requirements of available positions, government schemes available and facilitate job matching. You will follow up with job seekers at regular intervals to track their employment statuses and provide management reports, amongst other administrative duties required to support the operations of the team.

You are expected to lead and independently execute your own projects and work closely with team members and stakeholders in various initiatives. These include but are not limited to process redesign & improvement, retrenchment reporting, data analytics, event management and employer engagement, account management and customer service. You are also required to support the operations of the career centre including data collation and other administrative duties, as well as undertake ad-hoc assignments as assigned.


Requirements:

  • At least 3 years’ prior relevant experience in financial sector, human resource, recruitment and/or career counselling roles would be preferred.
  • Coaching certifications would be advantageous.
  • Passionate about helping Singaporeans to raise their employability and advocating continuous skills/professional development through various government initiatives.
  • Ability to connect with jobseekers and engage with stakeholders of various levels.
  • Strong organisational, project management and computer skills with the ability to handle multiple projects concurrently.
  • Fast learner who can adapt to a fast-changing environment and is willing to try new things.
  • Team player who is willing to look beyond your job scope and go the extra mile with your team.
  • Possess strong interpersonal, communication and networking skills.
  • Administratively strong with a track record of identifying and implementing process improvements in an operational environment.

Background:

The Institute of Banking and Finance (IBF) was set up in 1974 to develop a robust and responsive financial sector training infrastructure and position Singapore as a leading financial training hub.

As the national accreditation and certification agency for financial competency under the Skills Framework for Financial Services, IBF works closely with industry to set out competency standards and raise the quality of professionals in the financial services industry. IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore’s Adapt and Grow initiative. IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

For more information, please visit our website: www.ibf.org.sg.


Responsibilities:

As part of the Standards, Accreditation and Certification team, you will play a key role in the implementation of initiatives in relation to the Skills Framework for Financial Services and be responsible for the following:

  • Perform research to gain insights into manpower and skills development trends and recommend approaches to address skills needs of the financial services industry.
  • Develop and implement plans to engage financial institutions, professional bodies, tertiary and training institutions to expand the training offerings for the skills development needs of the industry.
  • Promote accreditation of training programmes based on the Skills Framework for Financial Services.

Requirements:

  • Diploma or Degree in any field.
  • Prior experience in business or partnership development with a background in financial sector or programme accreditation roles would be preferred.
  • Learning and development experience will be an advantage.
  • Self-driven, resourceful and results oriented
  • Good project management skills.
  • Strong interpersonal and communication skills.
  • Confident, analytical, proactive and resourceful.

Background:

The Institute of Banking and Finance (IBF) was set up in 1974 to develop a robust and responsive financial sector training infrastructure and position Singapore as a leading financial training hub.

As the national accreditation and certification agency for financial competency under the Skills Framework for Financial Services, IBF works closely with industry to set out competency standards and raise the quality of professionals in the financial services industry. IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore’s Adapt and Grow initiative. IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

For more information, please visit our website: www.ibf.org.sg.


Responsibilities:

You will play a key role in promoting workforce transformation and re-skilling efforts within the financial industry, which includes:

  • Collaborating and working closely with government agencies, financial institutions and industry associations and training partners to support the re-skilling of individuals into expanded / growth roles and other up-skilling and re-skilling initiatives.
  • Engaging and establishing effective relationships with stakeholders within financial institutions to encourage the development and implementation of workforce transformation plans.
  • Evaluating training plans and providing recommendations to management for approval.
  • Developing and recommending interventions, programmes and policies to achieve workforce transformation outcomes.
  • Performing data analytics to gain insights into manpower and skills development trends.
  • Promoting and administering programmes and initiatives aimed at skills development and workforce transformation.

Requirements:

  • Bachelor’s Degree in any field
  • Prior experience in a government agency or financial institution on training and development or workforce transformation would be a strong advantage
  • Interest and aptitude in data analytics
  • Meticulous, organised and process / system oriented
  • Good project management skills
  • Self-starter and able to engage with stakeholders of various levels
  • Strong verbal and written communication skills

Background:

The Institute of Banking and Finance (IBF) was set up in 1974 to develop a robust and responsive financial sector training infrastructure and position Singapore as a leading financial training hub.

As the national accreditation and certification agency for financial competency under the Skills Framework for Financial Services, IBF works closely with industry to set out competency standards and raise the quality of professionals in the financial services industry. IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore’s Adapt and Grow initiative. IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

For more information, please visit our website: www.ibf.org.sg.


Job Responsibilities:

As part of the Finance and Programme Funding team, you will support the team in the administration work related to the various funding schemes administered by IBF. You will work closely with Finance, IT and other business units of IBF in areas relating to grant claims.

In this position, your main responsibilities include:

  • Assist the Funding Manager in designing and implementing various policies and procedures to ensure optimal handling of all claims and timely investigation and handling of deviations and exceptions.
  • Establishing and maintaining good working relationships with internal and external stakeholders to ensure efficient grant claims management and positive experience for grant claimants.
  • Managing the grant claims process within stipulated turnaround time, including checking claims submitted by claimants for accuracy, completeness of supporting documents and compliance to Terms and Conditions, and clarifying with claimants on issues relating to their claims.
  • Preparation of periodic reports for submission to various grant authorities.
  • Managing and coordinating all internal and external audit preparation, responses and closure.

Requirements:

  • Diploma in any discipline.
  • Proficiency in MS Excel, preferably with hands-on experience in pivot table.
  • Good interpersonal and communication skills.
  • An aptitude for problem solving.
  • Attention to details, well-organized and able to multi-task.

Interested applicants: Kindly forward detailed resume with photo in MS Word format to hr@ibf.org.sg

Only shortlisted candidates will be notified.