A vacancy has opened at the Financial Stability Division for the position of:
Macroprudential Policy and Financial Architecture Specialist
The Financial Stability Division is committed to maintaining financial stability—the pursuit of which is complementary to monetary stability—thus promoting macroeconomic stability. The Division aims to identify and address, as early as possible, the main threats to the stability of the financial system and the economy as a whole, by:
- Developing and maintaining Early Warning Monitoring Systems and models.
- Conducting macroprudential analyses (including stress tests, interconnectedness and contagion analysis and other techniques) to identify the implications of macroeconomic developments, as well as developments in the financial markets and the financial sector.
- Introducing, developing and advising on macroprudential policy instruments and coordinating risk-mitigation measures to reduce vulnerabilities and imbalances in the financial system.
- Ensuring that the CBCS is prepared to manage a financial crisis should such a crisis occur.
- Providing solicited and unsolicited advice on financial stability issues to the governments of Curaçao and Sint Maarten.
- Conducting and publishing (scientific) research.
FS is characterized by an informal, friendly and professional atmosphere in which autonomy and personal responsibility are paramount. FS may be regarded as a nexus in the organization, with a high volume of interactions with other divisions. FS encourages the development of both professional expertise and personal effectiveness and therefore offers staff the opportunity to follow trainings and courses, and to participate in conferences at other central banks and international institutions such as the IMF.
Developing and maintaining analysis and research methodologies, conducting macroprudential analyses, introducing and developing macroprudential policy instruments, identifying and monitoring systemic risks, preparing and publishing financial stability publications, anticipating and preventing (international) financial crises, coordinating risk-mitigating measures to achieve a robust financial system.
Education and work experience
A master degree in General Economics, Business Economics, Financial Mathematics, Accounting, or equivalent;
Preferably, some years of relevant work experience.
Skills and knowledge
Conceptual thinking skills;
Analytical and problem-solving skills (complex, compound issues);
Result and solution-oriented thinking;
Knowledge of relevant local and international laws and regulations;
Knowledge of the financial system, including the banking, insurance and pension sectors;
Knowledge of monetary and macroprudential policies, supervision, payments and resolution;
A good understanding of the public sector;
Knowledge of macroeconomic issues;
Knowledge of analysis and research methodologies, systems and models:
Excellent Dutch and English, oral and written communication skills.
Terms of employment
The CBCS offers:
A competitive salary depending on the candidate’s education and work experience;
Admission to the public pension system (Algemeen Pensioenfonds Curaçao);
The opportunity to follow local and international trainings, conferences, and seminars; and
Other fringe benefits in accordance with the CBCS Personnel Manual.
For more information about the vacancy of Macroprudential Policy and Financial Architecture Specialist, please contact Mr. Kelvin Kleist, Financial Stability Manager, at telephone number (+599-9) 434-5657 or by e-mail: K.Kleist@centralbank.cw. For information regarding the application process, please contact Mr. R. Corsen, HR & Corporate Development Manager, at telephone number (599-9) 434-5611 or by e-mail: R.Corsen@centralbank.cw.
If the position of Macroprudential Policy and Financial Architecture Specialist appeals to you, and you meet the above job requirements, we invite you to apply using the link below within 14 working days of publication of this vacancy. A medical examination, a background check and an assessment are part of the application procedure.
Click here to open the application form.