Inactive

BANK SUPERVISION ADVISOR The Department of the Treasury’s Office of Technical Assistance (OTA) helps finance ministries and central banks of developing and transition countries strengthen their abilit... BANK SUPERVISION ADVISOR The Department of the Treasury’s Office of Technical Assistance (OTA) helps finance ministries and central banks of developing and transition countries strengthen their ability to manage public finances effectively and safeguard their financial sectors. Within OTA, the Banking & Financial Services Program supports the development of sound, robust, well-regulated institutions that are effective financial intermediaries accessible to all and resistant to mismanagement, fraudulent financial activity, and adverse macroeconomic conditions. OTA’s Banking & Financial Services (“BFS”) program is seeking experienced bank supervision experts to support intermittent and resident project engagements in developing and transition countries. Advisors contribute to project engagements by lending technical expertise and practical knowledge to partner agencies. OTA engagements are based on close interaction between advisors and working-level partners, whether in a finance ministry, central bank, or other relevant government agency. OTA advisors introduce sound practices in daily work routines through ongoing mentoring and on-the-job training. Specific OTA BFS projects may entail: Banking, Insurance, and Financial Market Supervision: implementation of the Basel Accords, risk-based supervision; stress tests and early warning systems; Financial Stability: harmonizing macro-prudential approaches to monitor financial sector risks; creating oversight committees and issuing financial reports to highlight potential instabilities or weaknesses in financial sectors; Internal Audit and Accounting: adopting and implementation of International Financial Reporting Standards; central bank audit function; Corporate Governance: devising structures for central banks and the commercial banking sector; Financial Inclusion: promoting responsible access to and usage of relevant financial services for all people and businesses; Monetary Policy: analysis of monetary, macroeconomic, and financial policy; currency issuance and revaluation; establishment of monetary policy research departments. Intermittent advisors are expected to travel to partner countries on short-term engagements to deliver training and advisory services to facilitate the adoption of international best practices and build capacity of staff to implement them within the local context. Resident advisors live in partner countries for a number of years, implementing project activities alongside counterparts on a daily basis. Advisors work independently to deliver assistance while reporting to the OTA BFS program team based in Washington, DC. Qualifications, Experience and Skills: Advisors should have good analytical skills, excellent writing and oral communication skills, and fluency in English. The ability to conduct technical discussions, write reports and manage competing priorities under tight deadlines is essential. minimum five years of experience working in a financial sector supervisory agency; firm understanding of international standards for banking supervision and regulation and practical experience in their implementation; sound knowledge and proven experience in dealing with some or all of the following risks and topics: credit risk, market risk, liquidity risk, IT risk, stress testing and capital adequacy; demonstrated ability developing and leading training seminars/workshops in bank supervision, risk management, or finance, a plus; technical advisory experience in financial sector development of developing or emerging market economies, a plus; relevant professional designation (e.g., CFA, FRM, certified bank examiner), a plus; and willingness to travel. Candidates must be U.S. citizens and are subject to a formal background investigation in order to be granted a required SECRET level security clearance. Successful applicants must be able to obtain State Department medical clearance for worldwide travel. If selected, the applicant will be required to fulfill Office of Government Ethics financial disclosure requirements. SALARY AND BENEFITS: Salaries will be negotiated in accordance with program regulations prescribed by the Office of Technical Assistance not to exceed the Senior Executive Service EX-III hourly equivalent. The current starting hourly rate is from $71.15 to $89.70 per hour. Overseas benefits are provided as allowed by federal regulations. HOW TO APPLY: Applicants should submit a cover letter and resume by e-mail to: recruitment@ota.treas.gov. For consideration, emailed applications should not be sent, or contain a cc, to any OTA, IRS, or other government personnel or email address. Please reference Solicitation 2032K822R00003 on your cover letter and resume. When e-mailing, the subject line must contain the following: Solicitation 2032K822R00003 –Bank Supervision Advisors – Applicant’s Last Name, First Name. Emails received not containing this subject line will be deemed non-responsive, and thus, will not be forwarded to the program office/selection official(s) for consideration. Please be advised that all contractors, if hired, must obtain a Data Universal Number (D-U-N-S). Only applicants to be interviewed will be contacted. No phone calls please and no hand carries. This announcement is open and continuous until June 30, 2022, although selections may be made in advance of that date. The U.S. Government is an Equal Opportunity Employer