Central Bank of Lesotho
Analyst Financial Stability Division x 3 – Ref: AFSD
Analyze and monitor indicators of financial stability, identify and address weaknesses in the financial system, and produce reports about the status of financial stability for appropriate audiences.
Areas of responsibility include:
- Macro prudential surveillance
- Stress tests and early warning exercises
- Crisis management and safety nets
- Research on financial stability issues
- Financial Stability Reports
The Candidate will be required to:
- Research domestic and international developments relating to financial stability and develop in-depth knowledge of key trends and risks impacting the financial sector.
- Identify emerging systemic risks in the financial sector and propose mitigating strategies.
- Maintain a database of relevant risk indicators and develop related monitoring tools.
- Participate in periodic financial institution stress testing to assess the resilience of the sector.
- Monitor and analyze the performance of the domestic and cross-border payments and settlement systems, in order to assess the impact on the domestic financial system.
- Monitoring financial innovations in Lesotho to better understand the implications for the structure and stability of the financial system.
- Assess the adequacy of the existing financial regulatory regimes in safeguarding financial stability and recommend areas for improvement.
- Participate in financial crisis preparedness, management, and resolution of problem financial institutions as well as formulate the financial sector safety-net policies and coordinate contingency plans.
- Contribute to other work undertaken by the division such as the development of the financial stability reports, preparation of periodic management reports, and ad-hoc analytical work on emerging issues, industry updates, and developments.
Candidates applying for this role require the following behavioral competencies:
- Analyzing & Interpreting
- Interacting & Presenting
- Creating & Conceptualizing
- Deciding & Initiating Action
- Supporting & Co-operating
All candidates wishing to apply should have the above-stated behavioral competencies and any of the following minimum qualifications:
Candidates wishing to apply should have a Master’s degree in Economics or Finance with good quantitative and analytical skills (econometric modelling and risk assessment).
A good understanding of Lesotho’s macro-financial linkages and a robust knowledge of economic and financial sector policy formulation and analysis will be an added advantage.
Closing date for submission is 3rd March 2023.