Applications are invited from suitably qualified professionals for the position of Deputy Governor, Research and Economic Programming and Financial Stability.

 

Reporting to the Senior Deputy Governor, the successful candidate will be responsible for:

  • Recommending changes in Monetary Policy as well as changes in the appropriate legislative framework when required, to the Senior Deputy Governor and Governor.
  • Overseeing the implementation of monetary policy.
  • Providing strategic direction of the Research and Economic Programming and Financial Stability portfolios and ensuring that the infrastructure (staffing, technology, systems, policies and procedures) exists to enable the Bank to effect its mandate; also ensuring that the human resource development needs of the Divisions are consistently met.
  • Developing and coordinating the Bank's research and forecasting work to inform and advise on economic policy issues.
  • Overseeing the design, implementation and monitoring of the Bank’s financial programme to achieve policy objectives consistent with price and financial system stability.
  • Ensuring the timely generation, processing, analysis and dissemination of economic, monetary and financial system data for internal, local and international users.
  • Participating in policy discussions within the Bank and with international agencies.
  • Contributing to the overall management of the Bank by participating as a member of the senior management team in the strategic planning and policy decision-making processes of the Bank.
  • The Deputy Governor is accountable for both monetary policy development and implementation through the effective management of both the Research and Economic Programming Division and the Financial Stability Sub-Division.
  • Providing the economic modeling and forecasting capabilities of the bank, so that any changes in macro-economic relationships may be ascertained and monitored, as they evolve in response to policy initiatives.
  • Performing any other duties consistent with the function and nature of the job. 

 

QUALIFICATION AND EXPERIENCE

Postgraduate degree in Economics, Financial Economics or Finance with at least 10 years experience in central banking or within another regulatory authority or the financial industry with expertise in monetary policy and financial system stability with at least 5 years experience at a senior management level.

 

SPECIFIC KNOWLEDGE AND SKILLS REQUIRED

  • Highly developed planning, decision-making, problem solving and coordinating skills.
  • Authoritative grasp of prevailing monetary policy and the Government of Jamaica’s macro-economic programme/targets.
  • Excellent leadership, interpersonal and relationship skills.
  • Well-developed ability to take a high level or “macro” approach to decision making.
  • Excellent analytical, conceptual, interpretative, judgmental and interrogative skills.
  • Superior communication skills in both oral and written form.
  • Ability to inspire, motivate and provide leadership to staff and to function as a member of the Executive Management team.

 

SPECIAL CONDITIONS ASSOCIATED WITH THE JOB

  • Typical modern office environment.
  • Working irregular hours.
  • Pressured job demands.
  • Strictly confidential.

 

Interested persons who meet the above requirements should complete the application form no later than Friday, 14 August 2020.

Reference
VAC-3689
Employer
Bank of Jamaica
Hours
Employment Type
Location
Salary and benefits
Salary and benefits info not provided.
Salary
Competitive
Your Career Level
Mid Career
Years Experience
At least Ten (10) years'
Your Education Level
Post Graduate Degree
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