Central Bank of Nigeria - Nigeria - Group Head Macro Prudential Analysis

Group Head Macro Prudential Analysis

Central Bank of Nigeria - Nigeria

Job Description

• Review and analyse  global and local macroeconomic trends and developments
• Develop analytical framework of  key drivers of financial system stability through statistical analysis
• Review best practice macro-prudential analysis methodologies for  financial stability assessment  and define macro-prudential analysis strategy and framework for Nigeria
• Define  scenarios for models of financial stability based on  macroeconomic considerations and articulate necessary regulatory strategy and action in each scenario
• Monitor global  economy, commodity markets and RA macroeconomic
  developments
• Track and monitor indicators and factors of  systemic risk and articulate regulatory strategy for systemic risk management
• Monitor impact of regulation and policies on  financial institutions and financial system
• Undertake  financial institutions stress testing
• Define methodology and criteria for financial institution rating
• Define and implement program of bank rating including periodic and spot ratings of individual institutions
• Monitor trends in rating of financial institutions and implication of bank rating for financial system stability

Determine regulatory strategy and action to bank rating and financial system stability assessment conclusions

Desired Skills & Experience

Core Skills

• Deep knowledge of monetary economics
• Deep knowledge of open economy macro-economics
• Deep knowledge of structural economic issues
• Deep knowledge of International finance
• Deep knowledge of Applied econometrics
• Deep knowledge of Banking theory
• Deep knowledge of regulatory and macro prudential policy
• Deep knowledge of Empirical finance and asset pricing
• Deep knowledge of Risk management and credit risk modelling
• Strong working knowledge of modern research techniques

Generic Skills

• Analytical Skills
• Writing and presentation skills
• Teamwork
• Administration and Resource Management
• Results Orientation
• Numeric Analysis

A first degree/ HND in Economics, Finance or a related degree
A PhD in Economics or Finance or in a field with a strong quantitative focus which is directly applicable to these subjects
An additional qualification in Risk management is required
Membership of the following professional bodies is an added advantage: Association of Chartered Certified Accountants (ACCA); Association of Certified Chartered Economists (ACE)
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)
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

Company Description

The Central Bank of Nigeria (CBN) is Nigeria's foremost financial system regulatory institution, with statutory responsibility for the
overall control and administration of the monetary and financial sector policies of the Federal Government of Nigeria. One of the
strategic objectives of the CBN, headquartered in Abuja, Nigeria, is to promote a sound financial system in Nigeria.
The Financial System Stability Directorate is seeking appropriately qualified Nigerians to join its team of professionals in the
following roles

Additional Information

Posted:

April 26, 2012

Type:

Full-time

Experience:

Executive

Functions:

Management 

Industries:

Financial Services 

Job ID:

2928106

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