Central Bank of Nigeria - Nigeria - Macro Prudential Stress Testing Specialist

Macro Prudential Stress Testing Specialist

Central Bank of Nigeria - Nigeria

Job Description

• Build and process numerical series, calculate indicators,identify trends, as well as assess predictive models on macro environment
• Determine factors and analyse implication of trends in the  global and  Nigeria’s economic and political environment and potential impact on the financial system
• Identify and analyse scenarios in economic and political environment and potential impact on the financial system and  define  regulatory responses to alternative scenarios
• Determine criteria and methodology for financial stability assessment
• Participate financial stability analysis, report and articulation of regulatory response to trends financial markets and other related sectors
• Review banks’ risks management models to ensure compliance to international best practices
• Liaise with the Monetary Policy Committee to ensure banks stress test parameters reflect current business environment
• Develop methodology and criteria for financial institutions rating
• Undertake  financial institutions stress testing
• Define financial analysis information strategy for banks
• Ensure robustness, completeness and credibility of bank information in   the eFass database

Desired Skills & Experience

Core Skills

• Working knowledge of monetary economics
• Working knowledge of open economy macro-economics
• Working knowledge of modern research techniques
• Deep knowledge of quantitative methods
• Knowledge of Credit analysis, banking operations, money and capital market operations, foreign exchange operations, auditing/examinations
• Knowledge of financial surveillance systems
• Analysis and interpretation of financial reports

Generic Skills

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

A first degree/ HND in Economics, Accounting, Mathematics or a related degree
A post graduate degree is an added advantage
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)
Assistant Director: Minimum of 15 years relevant experience in financial management or economic analysis. At least 3  years must have been spent in a senior management position
Senior Manager: Minimum of 8 years relevant experience in financial management or economic analysis. At least 3  years must have been spent in a management position
Manager: Minimum of 6 years relevant experience in financial management or 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:

Mid-Senior level

Functions:

Management 

Industries:

Financial Services 

Job ID:

2928123

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