Job Title Basel II/III Specialist
Job ID: 27
Department: Banking Supervision Department
Location: Abuja, Nigeria
Company: Central Bank of Nigeria – CBN
Sector: Banking
Recruiter: FSS Directorates
Objective: Ensure the CBN keeps abreast with Basel II and III requirements and is able to adequately monitor implementation cross the banking industry.
Job Responsibilities:
1. Provide advice on interpretation and the implementation of global financial industry regulations and standards including Basel II and Basel III.
2. Define local strategy for implementation of and compliance with Basel II and Basel III
3. Review regulatory guidance) and ensure that industry risk frameworks comply with benchmark regulations
4. Ensure the CBN keeps abreast of developments and changes in legislation areas and is able to adequately advise the banking community
5. Ensure timely implementation of Basel II and III requirements
6. Provide advice on interpretation and implementation of Basel II and Basel III including compliance by financial institutions
7. Define strategy for Basel II and Basel III compliance by Nigerian banks
8. Ensure timely regulatory direction and advisory to the banking community on Basel II and Basel III developments.
9. Ensure timely implementation of IFRS across the industry
10. Liaise with the financial services industry and industry groups to promote Basel II and Basel III compliance
11. Participate in financial services industry and industry groups knowledge sharing on Basel II and Basel III and compliance by banks
12. Participate in Financial Institutions Stress Testing
13. Contribute to the review and update of the CBN's accounting policies
1. Research accounting and reporting issues
2. Recommend actions based on changes in reporting and/or accounting requirements
Qualification:
1. First degree /HND in Accounting, Finance, Mathematics, Economics or related disciplines
2. Relevant experience in an audit practise is mandatory
1. Membership of the following professional bodies is an added advantage: Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants of Nigeria (ICAN), Chartered Institute of Taxation of Nigerian (CITN), Association of National Accountants of Nigeria (ANAN)
2. Possession of the following certifications is an added advantage: Certified Chartered Accountant (CCA), Certified Public Account (CPA), Certified Management Accountant (CMA)
Experience:
1. Assistant Director: Minimum of 15 years relevant experience in finance and accounting. At least 5 years must have been spent in a senior management position
2. Senior Manager: Minimum of 8 years relevant experience in finance and accounting. At least 3 years must have been spent in a management position
3. Manager: Minimum of 6 years relevant experience in finance and accounting
4. Not more than 50 years old
Application Link: CBN Job Portal
Deadline: 07 May 2012.
Basel II/III Specialist Job (http://www.jobnavy.com/job/2422/basel-iiiii-specialist-job-at-central-bank-of-nigeria-cbn/)