Senior Analyst Industry Risk and Intervention

Senior Analyst Industry Risk and Intervention

 CAREER OPPORTUNITY-FIXED TERM CONTRACT

SENIOR ANALYST, INDUSTRY RISK AND INTERVENTION

The Financial Services Commission (FSC) is an integrated financial services supervisor/regulator. Our mission is to regulate and supervise the securities, insurance, trust and corporate service providers and private pensions industries, for the protection of their customers, thereby enhancing public confidence in the financial sector of Jamaica.

 WHY JOIN THE FSC?

The FSC is undergoing a transformative evolution to strengthen and modernize financial regulation. This is a unique opportunity to contribute to meaningful institutional development, work alongside dedicated professionals, and help build a legacy of integrity and public service. The role offers the chance to lead with impact while supporting national objectives for financial stability and sustainable economic growth.

 MAJOR ACCOUNTABILITIES:

• Develop appropriate scenarios and conduct stress testing procedures on relevant securities data.
• Develop and maintain systems and procedures for enhancing the data analytics capabilities of the securities division.
• Liaise with local and international industry organizations and other stakeholders in obtaining and providing information, gathering data, and carrying out research and analysis for presentation to the senior director, securities.
• Assist the division with the development of effective policies, guidelines, procedures and programmes to ensure effective regulation/supervision of the securities industry.
• Assist the Managers with coordinating the development, finalization and agreement of the strategic plan for the securities division.
• Monitor and report on the implementation of plans for the achievement of goals and performance targets for the securities division.
• Develop and maintain a system for monitoring industry data assets for the securities industry.
• Prepare and submit progress reports on special assignments.
• Assist with monitoring of problem institutions and institutions on the ladder of intervention.
• Assist with developing intervention strategies for problem institutions and institutions on the watch list on the ladder of intervention.

 QUALIFICATIONS AND EXPERIENCE:

• Master’s degree in actuarial science, Economics, Accounts, Finance or equivalent qualification.
• Professional certification(s) such as FRM, CFA, FMVA, PRM designation, CAIA, or equivalent qualification would be an asset.
• The job requires at least 3 years’ relevant work experience in comparable position and business/work environment such as a local, regional or international financial sector regulator, or within a regulated deposit taking or non-deposit taking regulated financial institution.