DEPUTY DIRECTOR: FINANCIAL STABILITY

Organisation: Central Bank of Eswatini (CBE)
Division: Financial Stability Division
Office: Deputy Governor’s Office
Position Type: External Vacancy
Job Title: Deputy Director: Financial Stability
Closing Date: Monday, 16 November 2026
Closing Time: 17:00

1. Job Primary Purpose

To lead and provide strategic direction for the Financial Stability Unit, promoting financial system soundness and informing policy in support of the Central Bank and Financial Stability Panel mandates.

The role is responsible for forging strategic domestic and international partnerships, shaping systemic risk management and crisis resolution frameworks, including the Deposit Insurance Fund, and delivering expert advisory to safeguard financial system resilience.

2. Key Job Functions

• Scope and lead quantitative and qualitative research using econometric and financial modelling to assess systemic, cross-sectoral and emerging risks.

• Formulate risk mitigation and macro-prudential policy recommendations for the Central Bank (CBE) and non-bank regulator (FSRA).

• Lead high-level engagement and review official submissions to key global and regional development bodies, including IMF, World Bank, SADC, AFI, COMESA and CMA.

• Establish strategic alliances and data-sharing frameworks with key domestic stakeholders, including the Ministry of Finance, FSRA, SRA, CSO and financial institutions.

• Coordinate and oversee the preparation, review and issuance of the Bank’s Financial Stability Report, early warning indicators and stress testing results.

• Provide expert advisory to Governors, Ministry of Finance and key stakeholders while maintaining international commitments and crisis management frameworks.

• Lead the development and establishment of the Deposit Insurance Fund and resolution mechanism.

• Lead, coach and manage a multidisciplinary team, directing the development of enhanced analytical tools and data systems.

3. Qualifications and Experience

• Master’s/Postgraduate degree in Economics, Finance, Banking, Accounting or equivalent.

• A minimum of 10 years’ relevant experience in Financial Regulation/Supervision or Economic Policy Research, including financial stability analysis and large project execution.

4. Knowledge and Skills

• Advanced Econometrics, Macroeconomics, International Economics and Macro-prudential Analysis.

• Risk management, policy development and communicating complex technical concepts.

5. Remuneration

The Bank offers a competitive remuneration package commensurate with value add, experience and qualifications.

6. How to Apply

Applicants must submit:

• Detailed resume.

• Certified copies of tertiary certificates.

Email: recruitment@amrseswatini.com

Email subject: Clearly indicate the post applied for and quote the job reference code.

Deadline: Monday, 16 November 2026 at 17:00.

Important Notes:

• Only shortlisted candidates will be contacted.

• Applicants who do not hear from the Bank within two weeks of the closing date should consider their applications unsuccessful.

Source: https://www.centralbank.org.sz/vacancies/

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