CENTRAL BANK OF THE GAMBIA

VACANCY ANNOUNCEMENT

Applications are invited from suitably qualified Gambians to fill the following posts.

POST: Insurance Compliance Officer: Insurance Supervision Department (ISD) Grade 8

Requirements:

- BA/BSc in Accounting or Finance.
- A diploma in insurance or equivalent will be an added advantage.
- Must have adequate working experience in the field of Insurance and or Finance.
- Must be computer literate.

Duties:

- Present off-site analysis of financial statement of insurance operators;
- Identify compliance issues and present reports on the compliance status of insurance operators;
- Participate in on-site examinations and prudential visits and present reports;
- Prepare draft reports;
- Carry out all other tasks assigned.

POST: Bank Examiner: Financial Supervision Department (FSD) Grade 8

Requirements:

- BA/BSc in Accounting or Economics or Business Administration or Finance or Banking.
- Must be computer literate.
- Must have excellent writing and analytical skills.

Duties:

- Scrutinize returns submitted by banks;
- Monitor the compliance of banks on prescribed regulatory requirements;
- Conduct off-site examination of banks;
- Analyse the financial performance of banks;
- Monitor developments of new banking products in the banking sector;
- Assist in the processing of applications for banking licenses;
- Provide clarifications to queries made by banks;
- Any other duties that may be assigned by the Head of Department

POST: Bank Official: (Credit Reference Bureau) – Financial Supervision Department) Grade 8

Requirements:

- Undergraduate Degree in the Social Sciences.
- Good analytical skills
- Good understanding of computer software

Duties:

- Liaise with commercial banks on Credit Reference Bureau issues;
- Provide analysis of data submitted by banks;
- Assist in the management of the affairs of the Credit Reference Bureau;
- Co- ordinate training of banks on Credit Reference Bureau;
- Draw Management’s attention to any violations of the Credit Reference Bureau requirements;
- Compute penalty charges for late submission of returns to the bureau;
- Participate in on-site examination of banks;
- Any other duties that may be assigned by the Head of Department.

POST: Financial Analyst: (Financial Intelligence Unit - FIU), Financial Supervision Department Grade 8

Requirements:

- BA/BSc in Accounting or Finance or Banking or Mathematics or Statistics or Economics.
- Must be computer literate

Duties:

- Will be responsible for receipt, compilation and analysis of Suspicious Transaction Reports;
- Monitor compliance with the Money Laundering Act 2003 by all reporting institutions;
- Monitor new typologies of money laundering and other financial crimes and inform relevant authorities;
- Assist in the compilation of FIU annual reports;
- Serve as the liaison officer between the FIU and other stakeholders in the fight against money laundering;
- Serve as desk officer for designated entities;
- Participate in the analysis and investigation of Suspicious Transaction Reports and liaising with reporting institutions;
- Any other duties that may be assigned by the Head of Department.

POST: Investigation Officer: Financial Supervision Department GRADE 8

Requirements:

- BA in Law or other relevant field of study.
- Must have at least five years work experience serving as a police officer.
- Must have attained at least the rank of senior officer.
- Must be computer literate.

Duties:

- Will be responsible for monitoring of Suspicious Transaction Reports and liaison with reporting institutions for additional information;
- Ensure completeness of reports by analysis on Suspicious Transaction Reports before dispatch to the law enforcement agency concerned for further action;
- Responsible for handling requests for information from other government agencies and FIUs;
- Participate in the investigation of money laundering offences and other financial crimes and drafting of reports to that effect;
- Responsible for liaison between the FIU and other government agencies involved in the fight against money laundering;
- Any other duties that may be assigned by the Head of Department.

POST: Economist (Money and Credit Unit) Economic Research Department) GRADE 8

Requirements:

- BA/BSc Degree in Economics plus two years work experience. A Masters Degree will be an added advantage.
- Applicant should be highly computer literate and familiar with relevant statistical packages.
- Ability to initiate and prepare research papers.
- Good analytical and report writing skills.
- Ability to work proficiently under minimum supervision.

Duties:

- Monitoring and assessing developments in monetary and external sectors;
- Assist in the preparation of monetary and financial statistics, including the monetary;
- Carry out periodic economic and financial surveys;
- Assessing the relationship between monetary accounts and other macroeconomic statistics;
- Assessing the quality of monetary statistics with reference to data quality framework developed by the IMF;
- Analysis of monetary prices, foreign exchange, fiscal and trade data relating to the Gambian economy;
- Monitoring regional and international monetary and exchange rate developments;
- Day to day monitoring of liquidity conditions;
- Preparation of projections of macroeconomic variables;
- Any other duties that may be assigned by the Head of the Department.

POST: Statistician: - (Economic Research Department) GRADE 8

Requirements:

- The applicant must posses the minimum qualification of a first degree in statistics or economics and at least three years relevant working experience.
- Good analytical and report writing skills.
- Knowledge of statistical software packages such as SPSS or micro fit will be an added advantage.
- Must be computer literate.
- Proficient in database management.
- Ability to work independently under-minimum supervision.

Duties:

- Co-ordinate economic and statistical surveys;
- Oversee the database management programme of the Research Department;
- Preparation of analytical reports on macro-economic issues;
- Compilation of monetary and financial statistics;
- Engage in forecasting of macro variables;
- Contribute to work related to the publication of Annual Reports and Quarterly Bulletins of the Bank;
- Any other duties that may be assigned by the Head of Department.

POST: Accountant: (Finance Department). Grade 8

Requirements:

- ACCA certificate stage or;
- A BA in Accounting.
- Must be computer literate – Microsoft Application such as Word, Access and/or Excel.
- Knowledge of an Accounting package will be an added advantage.
- At least 3 years working experience in an Accounting environment or completion of ACCA Professional stage.
- ACCA final stage would be an advantage.

Duties:

- Assist the head of Treasury Unit;
- Supervise Debt Service & other Government Foreign payments and payments on behalf of projects;
- Verification of swift messages;
- Prepare daily reports and budgets;
- Prepare Bank Reconciliation Statements;
- Any other duties that may be assigned by the Head of Department.

POST: Banking Officer: (Banking Department) Grade 8

Requirements:

- BA/BSc in Accounting, or Business Administration/Management, or Finance or Banking, or Economics.
- CIB (Chartered Institute of Bankers) certificate will be an advantage.
- Must be computer literate.

Duties:

- Management of Government and Commercial Bank Accounts;
- Reconciliation of Government and Commercial Bank Accounts;
- Scrutiny and approval of payment instrument;
- Supervision of junior clerical staff;
- Provision of timely clarification of queries by Banks and other Account holders;
- Completion of questionnaires from Auditors regarding accounts of customers;
- Assist in formulation of strategies geared towards development of the payment system in The Gambia;
- Any other duties that may be assigned by the Head of Department.

POST: Foreign Department Officer: Foreign Department (FD) Grade 8

Requirements:

- BA/BSc in Finance or Economics or Banking.
- Must be computer literate.
- Must have excellent writing and analytical skills.
- Good communication skills.

Duties:

- Preparation of weekly, monthly, and quarterly FX market reports;
- Compilation and monitoring of the monthly returns of operators in the FX market;
- Conduct surveys of activities in the cross boarder trade;
- Conduct surveys and presentation of analysis on foreign exchange developments in the tourism sector;
- Collection and compilation of returns from banks on foreign currency deposits by customers on collection basis;
- Preparation and presentation of the weekly market report for the weekly Market Review Session;
- Preparation of daily analysis of movements of exchange rates in the international and domestic markets;
- Any other duties that may be assigned by the Head of Department.

POST: Microfinance Officer: Microfinance Department Grade 8

Requirements:

- BA/BSc Degree in Economics, Accounting, Finance, Banking, Agricultural Economics or any of the related fields relevant in microfinance.
- 2 or 3 years experience in microfinance development will be an added advantage
- Must be computer literate.

Duties:

- Conduct on-site and off-site examination of microfinance institutions (MFIs);
- Analyse returns and report writing on MFIs;
- Conduct research and publication of studies on MFIs and developments in the sector;
- Promotion and coordination of microfinance activities;
- Collaboration with stakeholders in the sector in the development of the MFIs;
- Training of microfinance stakeholders regulated by the Bank in issues related to the functions of the department;
- Any other duties that may be assigned by the Head of Department.

POST: IT SECURITY PERSONNEL (IT UNIT) GRADE 9

Requirements:

- Candidate should have at least 3 years work experience in Telecom or IT industry at a network security (LAN/MAN/WAN) management function.
- MCSE Security and/or Bachelors Degree in a related field is an added advantage.
- An up to date knowledge in network technologies.

Duties:

- Manage the development and implementation of Bank global security policy, standards, guidelines and procedures to ensure ongoing maintenance of security;
- Demonstrate technical competence in network security, engineering, strategic planning and management;
- Physical asset protection and access control systems;
- Information protection, network access and monitoring policies, employee education and awareness;
- Design and deploy secure and reliable architecture;
- Writing security requirements, assessing services and systems for security;
- Design and test disaster recovery procedures;
- Monitor networks to ensure confidentiality and integrity of duty and availability of all network services;
- Any other duties that may be assigned by the Head of the Unit.

Deadline for submission of applications for the above posts is March 31st 2010.

Applications on the prescribed forms which can be obtained from the Administration Department or downloaded from the Bank’s website at www.cbg.gm should be addressed to:

The 2nd Deputy Governor
1-2 Ecowas Avenue
Banjul

Only short listed applicants will be contacted. Applicants will undergo an assessment test prior to an interview.

Applicants should indicate their most current contact numbers on their application form.

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