Welcome to the Career Page for Bank of Jamaica.

Are you looking for a new challenge? Are you a qualified, committed high-performer? Would you like to join our values-driven organization where you can contribute to nation-building? Then Bank of Jamaica is the place for you!

Bank of Jamaica was established by the Bank of Jamaica Act (1960) and began operations in May 1961.The establishment of the Central Bank was in recognition of the need for an appropriately regulated financial structure to encourage the development process, particularly as Jamaica was about to embark on the road to political independence. Bank of Jamaica is at the heart of Jamaica's financial system.

For more information on the history of the Bank, please visit the following link: History of Bank of Jamaica

Why Bank of Jamaica?
We provide career opportunities for suitably qualified and experienced candidates at all levels, and seek to recruit candidates who have a determination to succeed. We are problem solvers, critical thinkers, results-oriented team players and excellent communicators. From our unique position as Central Bankers we provide you with unparalleled exposure in areas such as:

Financial Institutions Supervision
Research and Economic Programming
Financial Stability
Banking and Currency Operations
Financial Markets
Payment Systems
Market Operations and Analysis
Reserve Management
Strategic Planning
Corporate Risk Management
Human Resource Management
Accounting
Auditing
Information Technology

Our Core Values
We observe the following core values as we conduct our affairs:

Respect
Integrity
Honesty
Excellence
Confidentiality
Team Work
Transparency
Fairness
Equity

Learning and Development
At Bank of Jamaica, our team members have the opportunity to develop both professionally and personally. We recognize that building on the expertise, knowledge, skills and abilities of our team members is central to our success.

Culture of Excellence
Our team members are our most important assets who drive the achievement of the Bank's mission. Every member of the team has an important role to play in the fulfilment of the Bank's mandate. We are committed to excellence in the performance of our duties and responsibilities. Our professionals are provided with an aesthetically pleasing work environment.

We are looking for professionals to join our team. Apply today.

Thank you for considering Bank of Jamaica as your future place of employment.

Fintech Development Assistant, Fintech Development and Implementation Section, Policy and Development Department, Payment System and Money Services Oversight Division

Jamaica

Full Time

Policy and Development Department

Experienced

Applications are invited from suitably qualified professionals to resource the position of Fintech Development Assistant, Fintech Development and Implementation Section, Policy and Development Department, Payment System and Money Services Oversight Division.

Reporting to the Head, Fintech Development and Implementation, the successful candidate will be responsible for:

Assisting with identifying, pursuing and promoting the National Payment System reform developmental projects.
Contributing to the development of business analyses, technical and operational requirements for stated areas of reform.
Assisting in timely implementation of projects and evaluation of projects to determine relevance.
Assisting in conducting training of participants of new and existing payment systems.
Assisting in conducting Fintech Sandbox assessments and project implementation of financial market infrastructures.
Assisting with the development of key business objectives for reform projects and facilitating the preparation and implementation of defined project plans.
Assisting with conducting business impact reviews and analyses keeping up-to-date with new developments in payment systems that could impact the National Payment System and financial system stability.
Conducting research and analysis on trends affecting payments system reform implementation.
Assisting with managing and monitoring Sandbox applicants and support on-site and off-site assessments of applicants.
Preparing routine, periodic or special reports and presentations on projects covering progress, issues and deliverables within agreed timelines
Performing any other duties consistent with the nature and function of the job.

QUALIFICATION AND EXPERIENCE

Postgraduate degree in Accounting, Finance, Business Administration, Banking or Economics with one (1) year experience in Payments System Reform, Project Planning and Management or other experience working in Financial Markets within the financial sector.

Undergraduate degree in Accounting, Finance, Business Administration, Banking or Economics with two (2) years' experience in Payments System Reform, Research, Planning and Management or other experience working in Financial Markets within the financial sector.

Certification in Banking or Finance and Information Technology.

Project Planning would be an asset.

SPECIFIC KNOWLEDGE AND SKILLS REQUIRED

Knowledge of the Payments Clearing and Settlement Act (PCSA) and good understanding of rules applicable to payment systems, payment system design, risk management framework, contingency arrangements, testing documentation, contractual arrangements and infrastructure providers, ancillary links to payment system and system governance.
Knowledge of technical, legal and governance arrangements with third party service providers.
Specific knowledge of payments system issues and trends and a broad knowledge of issues related to monetary policy, liquidity management and legal aspects of the payments system.
Understanding of developments in electronic commerce.
The ability to assess the risk impact for the bank in relation to global and local developments in the financial markets and the macro-economy.
Knowledge of project, business analysis and people management.
Strong analytical and research and reporting writing skills.
Good interpersonal skills.
Ability to communicate effectively, both orally and in writing,
Ability to function effectively both independently and as part of a team.
Good organizational skills.
Exposed to highly confidential information.

WORKING CONDITIONS

Required to work beyond normal working hours as the need arises to meet stipulated deadlines.
Exposed to extended periods of concentration on exacting details.
Exposed to unpredictable work demands related to developments beyond the control of, and external to the division.

Interested persons who meet the above requirements should complete the application form with cover letter and full resume no later than Tuesday, 29 April 2025.

NB. Only short-listed candidates will be able to access the panel interview.

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By clicking submit application, I certify that the information in this form is true and correct to the best of my knowledge and belief. I understand that any misrepresentation in this form or any other document requested by the Bank renders an employee liable to termination of service or summary dismissal.* YesNo

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