Resident Advisor on Banking Regulation and Supervision

About the role

The Monetary and Capital Markets Department (MCM) of the IMF is seeking an experienced expert to act as Resident Advisor on Banking Regulation and Supervision at the Bank of Ghana (BoG) in Accra. The work supports the BoG in completing the proportionate implementation of the Basel Framework and strengthening risk-based supervision, and is financed by Switzerland's State Secretariat for Economic Affairs (SECO). The position is one year, with possible extension of up to two years depending on budget and performance; limited travel within Ghana may be needed for supervisory training.

Key responsibilities

• Prepare a workplan with the MCM backstopper, the country TA Manager and the country authorities covering Basel capital and liquidity framework implementation (including Pillar 2), and updates to the risk-based supervision framework and procedures.
• Support the BoG in applying risk-based supervision to institution-level risk assessments, supervisory planning, intervention and follow-up, and in improving data quality in supervisory returns and the corrective action framework.
• Organize and deliver training, workshops and seminars on financial sector supervision, including practical know-how, mentoring and train-the-trainer arrangements.
• Coordinate with the Resident Advisor on financial sector supervision at AFW2, other IMF staff, short-term experts, donors and other CD providers.
• Prepare results frameworks (logframes) under the Fund's Results-Based Management framework and use the CDMAP system to track TA results.

Required profile

• At least seven years of relevant experience in banking supervision and regulation, mainly in a central bank or official financial supervisory agency; senior technical, managerial or policy experience is an advantage.
• Degree in economics, finance, accounting or a related field.
• In-depth knowledge of international banking regulation and supervision standards and a track record of adapting them nationally.
• Strong English communication skills, including presentations for training.

Required skills

• Analytical and problem-solving skills, sound judgement and initiative.
• Interpersonal skills to work with senior policymakers and donors and lead teams of senior experts.
• Organizational and time-management skills for complex workloads.

Compensation and benefits are described as competitive and commensurate with skills and experience.