Credit Unions Technical Adviser
Attractive tax free salary and benefits package
Two-year contract
You can make a positive difference to The Bahamas economy by bringing the country's eleven credit unions into line with international best practice, developing banking systems and improving financial risk and business management.
The Credit Union sector in The Bahamas plays an increasingly important role in the country's economy. The Government of The Bahamas aims to speed up the development and introduction of best practices into the sector by establishing a more rigorous oversight regime, bringing it under the responsibility of the Central Bank.
As technical advisor to the Bank, you will be key to delivering this vital project by strengthening the overall financial systems of eleven credit unions, and strengthening the regulatory regime.
You will identify gaps in the credit unions' current governance arrangements, operational strategies and control environment and produce a report to guide interventions. Then you will design and develop a comprehensive modular training programme to improve technical and management skills in line with the interventions. Finally, you will prepare guidelines and policies which will help credit unions come up to international best practice standards.
A post graduate in business administration, banking, co-operative/credit union administration, you must have specialised in credit union supervision and the design/review of financial sector reform programmes especially in developing economies.
Alternatively, you may have a first degree with professional banking qualifications and more substantial practical experience of credit union principles, governance and management structures and policies.
A proven track record of developing risk-based frameworks at management level in a credit union bank, retail bank, microfinance bank or large microfinance institution using credit union principles will be essential.
You must be able to operate effectively in our multi-cultural setting and be a national of a Commonwealth country.
For further information, please visit www.thecommonwealth.org
Closing date for applications is 23 February 2011.
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