POSITION TITLE: Research Analyst, Monetary Policy Unit

REFERENCE NO.: 3/2024

DEPARTMENT: Economics, Research and Statistics Department (ERSD)

DIVISION: Monetary Policy and Research Division (MPRD)

REPORTS TO: Manager, Monetary Policy and Research Division

LEVEL: Level 16

BASE SALARY RANGE: $121, 237.18 - $142,321.91

ESSENTIAL QUALIFICATION:

·       Bachelor’s degree in economics, Research, Statistics or other quantitative fields.

ESSENTIAL EXPERIENCE:

·        Minimum of 3-5 years of experience in data compilation and analysis and conducting research.

ESSENTIAL PERSONAL ATTRIBUTES:

·       Honest and trustworthy

·       Must be Punctual / good in time management.

·       Willing to work under pressure and deliver results on time.

·       Willing to work during weekends and public holidays.

·       Exceptional written and oral communication abilities.

·       Good team player

ESSENTIAL TECHNICAL COMPETENCIES

·       Strong research skills with experience in statistical modelling and analysis, applied econometrics and database software packages such as EViews, R programming and STATA.

·       Strong analytical skills relating to monetary policy, research and written economic reports.

·       Excellent negotiation and presentation skills with an ability to present a convincing picture.

·       Excellent coding and econometrics skills.

JOB DESCRIPTION

JOB SCOPE AND PURPOSE

The Research Analyst will be part of the Monetary Policy and Research Division of the ERSD. He/she is responsible to assist the Senior Analyst, Monetary Policy (SA/MP) and M/MPRD to administer the monetary policy and research work of the MPRD. The incumbent plays a critical role in compiling monetary policy related statistics and undertaking research work and analysis relating to Monetary Policy, Financial Stability and general economic issues as assigned. He/she is also responsible for the maintenance of the Quarterly Projection model under the forecasting and policy analysis system (FPAS) and the enhancement of the quantitative research capability of the Bank.

MAIN RESPONSIBILITIES

·       Assist the M/MPR and SA/MP to perform the functions of the Monetary Policy Unit.

·       Knowledgeable of the monetary policy concepts, tools and instruments and the conduct of monetary policy.

·       Assist in the development of the monetary policy framework.

·       Design, code and implement statistical models.

·       Knowledgeable of the research principles, practices, and methodologies.

·       Possess excellent research and analytical skills with an ability to collect, compile and work with large datasets, and translate data into well-written monetary policy statements and economic reports.

·       Have strong communication skills in collecting information, interpreting data, and presenting of results.

·       Assist in conducting and facilitating research trainings and seminars to appropriate standards

·       Collaborate with SA/MP or other researchers to complete at least one working paper a year, with other papers being developed as work in progress.

·       High proficiency in statistical and database software packages such as Eviews, excel, word and power point.

·       Assist in providing advisory on technical, methodological and modelling applications to ERSD and the Bank.

·       Perform the responsibilities of the SA/MP in his/her absence

·       Able to work independently and as part of a team

HOW TO APPLY

To apply for the position, you will need to submit the following:

(1)   An introductory cover letter.

(2)   A completed CBSI Recruitment Application Form (available on CBSI website or contact apeter@cbsi.com.sb to obtain a copy.

(3)   A current Resume or Curriculum Vitae.

(4)   Two Reference Letters, one of whom must be a former/current employer and/or your lecturer;

(5)   Certified copies of academic qualifications and transcripts.

Incomplete Applications will not be considered.

All applications are to be addressed to:

The Secretary

Central Bank of Solomon Islands

P O Box 634

Honiara

Solomon Islands

Attention: Vacancy No. 3/2024

Application in sealed envelopes can be hand-delivered or posted by mail.  Alternatively applications can be submitted by email to: apeter@cbsi.com.sb copied to recruitment@cbsi.com.sb

CLOSING DATE FOR ALL APPLICATIONS – 6th September 2024.

We thank all applicants for their interest, however only those candidates selected for interviews will be contacted. 

For further enquiries, please visit the CBSI website at http://www.cbsi.com.sb  or contact the Human Resource Office on telephone 21791 ext.1412 or email: apeter@cbsi.com.sb copy: jaiapu@cbsi.com.sb