Wednesday, February 24, 2010

Supervisor Financial Supervision Department - Central Bank of Armenia - Yerevan

JOB DESCRIPTION:
The incumbent will be responsible for reviewing the financial condition of Armenian banks, supervision of banking operations, risk analyzes and assessment, undertaking measures addressed to the stabilization of banks’ financial conditions and risk mitigation, coordination and supervision of restructuring and liquidation of banks in insolvency and liquidation (self-liquidating) processes.

JOB RESPONSIBILITIES:
- Be responsible for complex examination of trading banks and other financial organizations supervised by CBA, as well as implementation of target examinations on demand of other state bodies and CBA departments;
- Discuss examination results with banks’ officials and present to the CBA officials;
- Be responsible for authenticity examination of weekly, monthly, quarterly reports submitted by banks to CBA, as well as compliance examinations to legislative legal acts, acts fixed by CBA, analysis of balance structure and risk spheres, preparation of weekly reports;
- Prepare and present monthly and quarterly reports, form banks’ indicators aggregate ratings (CAMELS), draw and present recommendations on supervisory measures;
- Form banks’ indicators aggregate ratings (CAMELS) on the annual basis, analyze banks’ financial condition, core economic indicators, forecast the annual development programs and actual performance, assess internal and external audit, activities of banks’ managing boards, as well as activities of banks’ branches, prepare and present banks’ annual reports.

REQUIRED QUALIFICATIONS:
- In case of higher economic education – 2 years of professional work experience in the Central Bank or 4 years of professional work experience elsewhere (auditors’ or supervisors’ work experience);
- In case of higher non professional education – 4 years of professional work experience in the Central Bank or 6 years of professional work experience elsewhere (auditors’ or supervisors’ work experience);
- Banking (profound), banking legislation and normative field (profound), accounting (profound), economic theory (profound), financial analysis and risk management (profound), tax law and civil legislation related to bank activities (intermediate);
- Fluency in Armenian, English and Russian languages;
- Knowledge of MS Office, accounting programs.

REMUNERATION/ SALARY:
287,000 AMD (gross)

APPLICATION PROCEDURES:
The application form, tender questionnaire and information on holding tenders at the CBA is available at: http://www.cba.am/CBA_SITE/topmenu/competitive.html?__locale=hy or can be obtained form the Central Bank. The application form can be sent electronically to: hrm@cba.am . For further information and clarification you can call: +(374 10) 59 26 34, internal line: 26 13.

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