Deputy Governor - Research and Economic Programming and Financial Stability
BANK OF JAMAICA
POSITION OF DEPUTY GOVERNOR - RESEARCH AND ECONOMIC PROGRAMMING AND FINANCIAL STABILITY
Bank of Jamaica invites applications from distinguished and accomplished professionals to join its Executive Management Team in the capacity of Deputy Governor - Research & Economic Programming and Financial Stability.
This is a critical executive leadership role responsible for advancing the Bank's mission to maintain price stability and safeguard financial system stability. The successful candidate will lead the continual evolution of the Bank's monetary policy framework and analytical capabilities to ensure the effective achievement of its price stability mandate. He or she will provide strategic oversight for the production of macroeconomic forecasts, inflation projections, policy simulations and economic intelligence used to inform monetary policy decisions. The Deputy Governor will champion the development and application of advanced quantitative methodologies, forecasting systems and macroeconomic models, including DSGE and other policy analysis frameworks, ensuring that policy recommendations are grounded in rigorous research and internationally respected analytical standards.
The role also encompasses leadership of the Bank's economic research agenda, fostering thought leadership and high-quality policy-relevant research on monetary economics, macroeconomic developments, exchange rate dynamics, international economics, labour markets, capital flows and other issues critical to Jamaica's economic resilience and competitiveness.
The incumbent will also direct the identification, monitoring and assessment of systemic risks across Jamaica's financial system and provide strategic leadership for the development and implementation of macroprudential frameworks, policies and tools designed to strengthen the resilience of the financial sector. The role requires leadership in strengthening the Bank's crisis preparedness, contingency planning and financial stability response capabilities while ensuring effective coordination between monetary policy objectives and financial system stability considerations.
As a member of the Executive Management Team, the Deputy Governor will contribute significantly to the Bank's strategic leadership, institutional effectiveness and transformation agenda.
Applicants must possess:
- A postgraduate degree in Economics, Monetary Economics, Finance, Econometrics, Public Policy or a related discipline.
- At least fifteen (15) years of progressively responsible experience in central banking, monetary policy, macroeconomic analysis, economic research, financial stability, macroprudential policy, financial sector regulation or related fields.
- A minimum of seven (7) years' experience at a senior executive or strategic leadership level directing multidisciplinary professional teams and influencing major policy decisions.
- Demonstrated expertise in monetary policy formulation, macroeconomic forecasting, economic modelling, financial stability analysis and policy development.
- Proven experience engaging with senior public-sector leaders, governing boards, regulators, international financial institutions and other high-level stakeholders.
- A PhD in Economics, Finance, Econometrics or a related discipline would be a distinct advantage.
The ideal candidate will be recognized as a credible policy leader with a distinguished record of achievement in monetary economics, macroeconomic analysis, financial stability, or central banking possessing exceptional analytical capability, strategic judgement, executive presence and the ability to lead complex policy initiatives that influence economic outcomes, preserve confidence in the financial system and advance the public interest.
The successful candidate must also be able to satisfy the requirements of a fit and proper person under the Bank of Jamaica Act.
Applications in writing summarizing evidence of a distinguished career which best demonstrates qualifications and experience for appointment to the position, together with current resume with at least two references, should be submitted no later than Friday, 04 December 2026.
The Division Chief, Human Resources Division