Job Title: Group Head, Macro Prudential Analysis
Job ID: 16
Department: Financial Policy and Regulation
Location: Abuja, Nigeria
Company: Central Bank of Nigeria – CBN
Sector: Banking
Recruiter: FSS Directorates
Objective: Establish effective structures for macro prudential analysis for informed identification, evaluation and interpretation of risk factors from different sectors of economy, analyse potential impact and provide input to regulatory action and policies that financial system stability.
Job Responsibilities:
1. Review and analyse global and local macroeconomic trends and developments
2. Develop analytical framework of key drivers of financial system stability through statistical analysis
3. Review best practice macro-prudential analysis methodologies for financial stability assessment and define macro-prudential analysis strategy and framework for Nigeria
4. Define scenarios for models of financial stability based on macroeconomic considerations and articulate necessary regulatory strategy and action in each scenario
5. Monitor global economy, commodity markets and RA macroeconomic developments
6. Track and monitor indicators and factors of systemic risk and articulate regulatory strategy for systemic risk management
7. Monitor impact of regulation and policies on financial institutions and financial system
8. Undertake financial institutions stress testing
9. Define methodology and criteria for financial institution rating
10. Define and implement program of bank rating including periodic and spot ratings of individual institutions
11. Monitor trends in rating of financial institutions and implication of bank rating for financial system stability
12. Determine regulatory strategy and action to bank rating and financial system stability assessment conclusions
Qualification:
1. A first degree/ HND in Economics, Finance or a related degree
2. A PhD in Economics or Finance or in a field with a strong quantitative focus which is directly applicable to these subjects
3. An additional qualification in Risk management is required
1. Membership of the following professional bodies is an added advantage: Association of Chartered Certified Accountants (ACCA); Association of Certified Chartered Economists (ACE)
2. Possession of the following certifications is an added advantage: Certified Chartered Accountant(CCA); Certified Chartered Economist (CCE); Advanced Credit Administrative Program (ACAP), Credit Risk Certification (CRC); Financial Risk Management (FRM)
Experience:
1. Deputy Director: Minimum of 12 years relevant experience in the financial industry. At least 6 years must be in a senior management role in economic analysis
2. Not more than 50 years old
Application Link: CBN Job Portal
Deadline: 07 May 2012.
Group Head, Macro Prudential Analysis Job (http://www.jobnavy.com/job/2433/group-head-macro-prudential-analysis-job-at-central-bank-of-nigeria-cbn/)