Resident Advisor on Banking Regulation and Supervision (Bank of Ghana)

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 position supports the BoG in completing the proportionate implementation of the Basel Framework and strengthening risk-based supervision, and in improving data quality in supervisory returns, bank risk assessment capacity and the corrective action framework. It is a one-year contractual position, with possible extension of up to two years depending on budget and performance; limited travel within Ghana may be needed for training and capacity development. The work is financed by Switzerland's SECO.

Key responsibilities

• Prepare a workplan in consultation with the MCMFR backstopper, the MCM country TA Manager and the country authorities, covering Basel capital and liquidity framework directives, guidelines, reporting templates and supervisory tools, including Pillar 2 implementation.
• Support updating the risk-based supervision framework and procedures, consistent with the revised Basel Core Principles, and apply them to institution-level risk assessments, supervisory planning, intervention and follow-up, including off-site and on-site supervision.
• Organize and deliver training, workshops and seminars on financial sector supervision, including practical know-how, hands-on mentoring and train-the-trainer arrangements.
• Manage the workplan proportionate to the size and complexity of Ghana's financial system, and coordinate with AFW2, other IMF staff, short-term experts, donors and other CD providers.
• Prepare results frameworks (logframes) under the Fund's Results-Based Management framework, agree outcomes and milestones with the authorities, and track results using the CDMAP system.

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 understanding of international standards on banking regulation and supervision, with a proven track record of adapting and implementing them nationally.
• Strong analytical, problem-solving and organisational skills, and the ability to work with senior policymakers and donors in a multicultural environment.

Required skills

• Strong oral and written English, including presentation skills for training activities.
• Excellent interpersonal skills and discretion in handling sensitive issues.

Compensation and benefits are competitive and commensurate with skills and experience. The position falls under the A11-A14 hiring categories.