Applications are invited from suitably qualified professionals to resource the role of Head, Development and Special Projects, Policy and Methods Department, Financial Institutions Supervisory Division. The successful candidate will be assigned for an initial period of three (3) years.
Reporting to the Head, Policy and Research, Policy and Methods Department, Financial Institutions Supervisory Division, the successful candidate will be responsible for:
- Contributing to the formulation of departmental objectives in accordance with the strategic goals of the Bank.
- Planning, directing and coordinating with other Units, Departments and Divisions to identify training and development needs at the Divisional, Departmental, and employee level.
- Managing the technical and administrative inputs into the processes for the design, development, and maintenance of performance based training curricula that fully supports the Division’s strategic initiatives, goals, and performance objectives.
- Coordinating on-the-job training initiatives to enhance staff expertise and achieve the Division's mission and program goals.
- Managing the preparation of training materials, including in-house training programmes and attendant training manuals, for supervisory staff on new prudential standards and requirements; ensuring that all new content creation and learning programmes are consistently administered in compliance with international standards and supervision best practices.
- Managing the preparation of training materials, including training sessions and attendant training manuals for the industry on new prudential standards and requirements; ensuring that all new content creation and learning programs are consistently administered in compliance with international standards and supervision best practices.
- Managing training delivery to ensure that training is suitably prepared, executed, recorded, evaluated, and revised to meet established delivery schedules and any other objectives.
- Managing and administering electronic based training video conferencing, internet and intranet facilities, and other forms of interactive multi-media.
- Managing the assessment of performance improvement needs of the assigned units in the Division, identifying those needs which require a training response and working with the units to implement the most appropriate solutions.
- Collaborating with the Learning and Development department to schedule training activities for internal staff, including scheduling and agreeing course content with external facilitators from time to time.
- Planning, reviewing, and controlling resources, and approving all assignments and resulting work products within the Division.
- Evaluating feedback from staff regarding training delivery experience, identifying problems, and proposing recommendations for improvements in efficiency and effectiveness.
- Determining suitability and applicability of external learning opportunities and events and ensuring they meet the objectives of internal learners and the needs of the Division.
- Monitoring international standards and supervision best practices applied regionally and globally to keep learning materials up to date.
- Assisting with the work of the CGBS Secretariat including overseeing relevant databases for training programmes; and coordinating the preparation of technical reports, presentations including representations on the technical working committee and task force, as necessary.
- Managing the coordination of CGBS workshops, seminars, training programmes and supervising the related Secretariats as required from time to time for regional supervisory training programmes being hosted by the Bank of Jamaica; managing the drafting of reports of such programmes for review by the senior management prior to circulation to CGBS members and/or oversees course facilitators.
- Disseminating information to the banking industry and the public on aforementioned subject matters, and ensuring quality and consistency of training materials, reports, speeches and outgoing communications related to the Division’s activities.
- Participating in the conduct of internal assessments of compliance of Jamaica’s supervisory framework with international standards (e.g. Basle Core Principles) and identifying and recommending on areas for strengthening.
- Managing the provision of responses to surveys, special questionnaires on Jamaica’s supervisory practice and framework, as well as overseeing the preparation of technical reports and presentations (locally, regionally and internationally), as requested by regional and international organizations from time to time.
- Representing Jamaica on relevant forums so as to contribute to supervisory practices development at the local, regional and international levels.
- Developing and facilitating active relationships locally, regionally and internationally, with industry stakeholders to maintain and share knowledge of emerging best practices and their application across jurisdictions.
- Performing any other duties consistent with the nature of the job.
QUALIFICATION AND EXPERIENCE
- Postgraduate degree in Accounting, Finance, Business, Education or related discipline or professional qualification/certification such as ACCA, CPA, CFA with at five (5) years’ relevant experience of which at least two (2) years at the management level in bank supervision or related area.
- Undergraduate degree in Accounting, Finance, Education or related discipline with six (6) years’ experience in bank supervision of which at least four (4) years should be at the management level in bank supervision or related area.
- Exposure to and participation in specific bank supervision related training seminars or conferences for middle to senior level examiners would be an asset.
- Exposure to curriculum development would be an asset.
SPECIFIC KNOWLEDGE AND SKILLS REQUIRED
- Sound knowledge of the Bank of Jamaica Act, Banking Services Act, Credit Reporting Act, and any other relevant legislation, BOJ directives and regulations.
- Sound understanding of the securities, insurance and other non-deposit financial sectors and related governing legislation.
- Sound knowledge of accounting principles and standards inclusive of the new IFRS.
- Sound knowledge of auditing and financial management.
- Good knowledge of international anti-money laundering standards; related local legislation and regulations; as well as requisite supervisory evaluation procedures.
- Good understanding of the Companies Act, Money Lending Act, Hire Purchase Act, Cooperative Societies Act and the Securities Act.
- Good knowledge of IT systems and the use of such technologies in the financial services industry.
- Ability to operate computers using application systems of the Division and Microsoft Office Suite.
- Good knowledge of banking operations and practices, economics, business and finance practices.
- Knowledge of the developments in the financial sector.
- Good understanding of the regulatory techniques of overseas jurisdictions including Canada, USA, Britain and the CARICOM area.
- Good understanding of the activities of the regional examiners’ training programmes.
- Thorough knowledge of the work of the Basel Committee on bank supervision including the Basel Core Principles and other international supervisory standards.
- Conceptual, interrogative, qualitative, quantitative and analytical skills.
- Excellent managerial and supervisory skills.
- Excellent human relations skills.
- Demonstrates sound professional judgement.
- Ability to work on own initiative and perform under pressure.
- Ability to comprehend a situation by breaking it down into its components and identifying key or underlying complex issues.
- Excellent communicator with skills in delivery of technical content.
- Excellent writing skills to produce reports, training manuals and similar technical materials.
- Guides self and others towards personal mastery.
SPECIAL CONDITIONS ASSOCIATED WITH THE JOB
- Exposed to highly confidential information.
- Required to display a high level of integrity and professionalism.
- Required to work beyond normal working hours, when necessary, in order to meet deadlines.
- Extended period of concentration on exacting details.
- Exposed to unpredictable work demands related to developments beyond the control of and external to the Division.
- Exposed to stressful work-related conditions.
- Exposed to tardiness of financial institutions in the timely submission of data.
Interested persons who meet the above requirements should complete the application form with cover letter and full resume no later than Friday, 04 December 2020.