About the JDIC:

The Jamaica Deposit Insurance Corporation (JDIC) was created by the Government of Jamaica to protect depositors and promote stability and confidence in Jamaica’s financial system, and has a mission to:

•  Protect insured deposits against loss due to the non-viability of Deposit Taking Institutions (DTIs); 
•  Manage the Deposit Insurance Fund consistent with its statutory objects;
•  Support the promotion of financial consumer protection and financial inclusion;
•  Take such necessary steps to minimize its exposure to loss. 

To execute its Mission, JDIC operates a knowledge management environment that promotes excellence in professional and technical expertise, allowing employees to realize their potential.  The JDIC core values of Accountability, Communication, Excellence, Professionalism, and Teamwork support the institutional strength of the JDIC and its expert cadre of staff. 

About the Role:

• Conduct research and analysis to inform the development, implementation, and continuous enhancement of deposit insurance, resolution, and crisis management policies and frameworks.
• Draft, review, and maintain operating policies, procedures, and supporting systems aligned with legislative and regulatory requirements.
• Monitor and analyze domestic, regional, and global financial sector trends and international best-practice standards.
• Prepare research outputs, technical papers, reports, dashboards, and presentations for internal and external stakeholders.
• Support the execution of the JDIC’s mandate to protect financial consumers and resolve non-viable financial institutions.
• Contribute to initiatives aimed at strengthening Jamaica’s financial system stability and the broader financial safety net.

Specific Knowledge and Skills:

• Financial Systems Research & Policy Analysis - Advanced capability to research, analyse, and interpret domestic and international financial system developments, best-practice standards, and regulatory reforms to support deposit insurance, resolution, and crisis management policy formulation.
• Deposit Insurance & Resolution Framework Expertise - Strong technical knowledge of deposit insurance system design, resolution strategies (payouts, purchase and assumption, bridge institutions), depositor reimbursement mechanisms, and the legal and operating frameworks governing member institutions.
• Data Analytics, Reporting & Decision Support - Proficiency in quantitative and qualitative data analysis, database management, and the preparation of high-quality research papers, dashboards, briefing notes, and reports to inform senior management, Boards, and external committees.
• Crisis Management & Resolution Readiness - Practical experience in contingency planning, simulations, training exercises, and system testing to ensure institutional readiness for financial institution failure, depositor payouts, and broader financial crisis response.
• Operational Execution & Financial Reconciliation Skills - Ability to support and execute resolution and payout operations, including financial reconciliation, budget monitoring, MIS validation, compliance tracking, and coordination with payout agents and transferee institutions.
• Stakeholder Engagement & Regulatory Collaboration - Strong communication and coordination skills to engage effectively with regulators, member institutions, international bodies (e.g. IADI), and internal stakeholders through consultations, surveys, reporting, and committee participation.
• Skilled in Microsoft Word and Excel.
  • Logical and analytical approach to investigation, identification, analysis and reporting.
  • Communicate effectively both orally and in writing.

About the person:

a) Qualifications and Experience:

• First degree or professional qualification in any of the following areas: Banking, Finance, Economics, Management Studies, Accounting or equivalent qualification.

• A minimum of 3 years’ working experience in the financial sector environment, in the areas of supervision, regulation and or in the financial services industry.