Monetary Authority of Singapore Reviews | Glassdoor

Monetary Authority of Singapore Reviews

Updated June 23, 2017
55 reviews

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Full-time Part-time

3.7
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Ravi Menon
33 Ratings

55 Employee Reviews

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Pros
  • Good Work life balance; reasonable pay but probably lags industry peers (in 24 reviews)

  • Good training and learning facility (in 4 reviews)

Cons
  • Red tape can be a little demoralizing albeit it's necessary (in 7 reviews)

  • Senior management tend to prefer employees who do what they are told (in 4 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great team"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Monetary Authority of Singapore (More than 3 years)

    Pros

    Fantastic coworkers and collegial environment

    Cons

    Frequent management changes, sometimes slow pace


  2. "Very fun and hard working"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Kansas City, MO
    Former Employee - Manager in Kansas City, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Monetary Authority of Singapore full-time (More than 3 years)

    Pros

    You get to experience a new job title , you can always count on employees to help out . Very good job

    Cons

    The calls and all the work can be Farley touch at times , it can be very challenging when you need to get done

    Advice to Management

    Best mangament


  3. "Best Stat Board!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Monetary Authority of Singapore full-time

    Pros

    Excellent exposure to financial industry, merit-based system within the organization that is reflected in the remuneration package as well, work life balance

    Cons

    Red tape can be a little demoralizing albeit it's necessary

    Advice to Management

    Focus on developing and retaining young talents


  4. "Good place to work for a few years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Monetary Authority of Singapore full-time

    Pros

    Great for fresh graduates, good exposure to the industry, flexible work schedule and good benefits

    Cons

    Bureaucratic, many layers of approval creating unnecessary workload

    Advice to Management

    Continue with the 360 review so as to have a channel to hear from the staff from all levels


  5. "Good place, but HR policies can be more transparent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Director
    Current Employee - Assistant Director
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Monetary Authority of Singapore full-time (More than 3 years)

    Pros

    Friendly colleagues, generally ok bosses. Fairly good remuneration. Overall a nice envirnoment

    Cons

    Policies, esp HR policies and appraisal process could be more transparent. Some officers are promoted to Team Leads in as short as 1 year without having done any significant projects or perceived by peers to have produced stellar work. Yet, many others have been working hard but not get the same development opportunities and not knowing or understanding why. Bosses are mum during appraisals (maybe to avoid lengthy discussions) and many were simply told their performance was "good".

    Advice to Management

    Ensure fair & equal development opportunities to staff and be upfront on the areas staff should work on.


  6. "Associate Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Monetary Authority of Singapore full-time

    Pros

    Stable hours overall

    Supportive work environment and bosses

    Fair amount of independence and autonomy in work, but this varies depending on the department

    Collaboration across departments

    Cons

    Fairly conservative, risk averse culture

    Advice to Management

    Empower your people to own their proposals and solutions.


  7. "Secure job with friendly colleagues"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Director in Singapore (Singapore)
    Current Employee - Assistant Director in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Monetary Authority of Singapore full-time (Less than a year)

    Pros

    Limited office politics, reasonable pay & working hours

    Cons

    Bureaucracy (varies across departments/divisions), skillset not easily transferrable to private sector


  8. "Good exposure, nice working environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good exposure to the industry where you can meet people from the private sector, nice people and bosses, with good guidance from them.

    Cons

    Things move slowly. There is also red tape and bureaucracy due to the need for checks and balances.


  9. "Good place if you treasure stability"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Stable
    Good on resume
    Friendly colleagues
    Nice bosses

    Cons

    Too risk averse culture leading to extra work on minor stuff

    Advice to Management

    Provide more opportunities to your average and slightly above average groups. These are the majority. Don't keep all opportunities for high flyers only.


  10. "good place to work for a few years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I worked at Monetary Authority of Singapore full-time

    Pros

    generally nice people, exposure to industry, opens up opportunities

    Cons

    the outdated forced ranking appraisal system and levels of hierarchy


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