Senior Analyst
About the JDIC: The Jamaica Deposit Insurance Corporation (JDIC) is a statutory organization established to protect depositors and promote financial system stability in Jamaica. Our mission includes: Protecting insured deposits against loss from non-viable Deposit-Taking Institutions (DTIs). Supporting financial restructuring and crisis resolution. Managing the Deposit Insurance Fund. Promoting financial inclusion and consumer protection. Minimizing risk exposure through strong oversight and governance. To execute its Mission, JDIC operates a knowledge management environment that promotes excellence in professional and technical expertise, allowing employees to realize their potential. The JDIC core values of Accountability, Communication, Excellence, Professionalism, and Teamwork support the institutional strength of the JDIC and its expert cadre of staff. About the Role: Key Responsibilities Deposit Insurance Scheme Membership Administration Supervise the admission and termination of Member Institutions within the Deposit Insurance Scheme, ensuring compliance with the Deposit Insurance Act, Regulations, Membership Admission Framework and related policies. Review and recommend enhancements to the Membership Administration Framework, policies and procedures. Monitoring & Risk Assessment of Member Institutions Oversee the timely collection, maintenance, validation and analysis of financial data and other information relating to Member Institutions, their holding companies and subsidiaries. Assess the financial condition, risk profile and performance of Member Institutions and the potential implications for the Deposit Insurance Scheme and Deposit Insurance Fund. Monitor financial market developments and identify emerging risks, trends and anomalies that may impact Member Institutions, the Corporation and the Deposit Insurance Fund. Prepare and present management and Board reports and provide recommendations to inform decision-making and mitigate the Corporation’s exposure to risk. Continuously evaluate and strengthen the Policyholder Risk Assessment Framework, data analytics methodologies, systems and reporting processes. Economic Research, Policy & Legislative Development Lead research and analysis relating to the design and effectiveness of the Deposit Insurance Scheme, including membership, coverage, coverage limits and premium arrangements. Assess domestic and international financial systems, regulatory developments and emerging best practices, and recommend appropriate policy, legislative and operational responses. Conduct assessments of the adequacy of the Deposit Insurance Fund and recommend enhancements to the methodology, approach and policies governing Fund adequacy. Coordinate the preparation of MRA inputs for the Corporation’s Annual Report, Corporate Plan, management reports, consultation papers and other key publications. Resolution, Depositor Reimbursement & Crisis Preparedness Support the Corporation’s ongoing readiness to fulfil its statutory resolution, receivership, liquidation and resolution administration responsibilities. Participate in resolution planning, resolvability assessments, recovery and resolution plan reviews, depositor reimbursement and asset recovery activities, as required. Provide technical support during financial institution distress or failures and participate in agency and inter-agency crisis preparedness and simulation exercises during non-crisis periods. Leadership & General Management Support the Director, MRA in the strategic and operational management of the Section, including planning, resource allocation, workflow management and continuous improvement. Provide effective leadership, supervision, mentoring, performance management, and development of direct reports. Represent the Director, MRA at management, Board, Ministry, Financial System Safety Net and other stakeholder engagements, as assigned. Provide technical expertise and/or represent the Corporation as a member of committees, project teams and cross-functional initiatives, including local and international working groups involving the FRC, FSSC, IADI and CARICOM. Contribute to corporate planning, enterprise risk management, business continuity, policy development and other Corporation-wide initiatives. Enterprise Risk, Governance & Compliance Serve as the MRA Section’s Risk Champion, supporting the identification, assessment, monitoring and reporting of risks and maintenance of the Section’s Risk Register. Support internal and external audit processes, including addressing audit findings and implementing agreed corrective actions. Ensure the Section’s compliance with relevant policies, procedures, governance requirements and regulatory obligations. Stakeholder Engagement & Other Corporate Responsibilities Develop and maintain effective relationships with Member Institutions, regulatory and Financial System Safety Net partners, government agencies and other local and international stakeholders. Prepare and deliver technical presentations, reports, consultation papers and correspondence for senior management, the Board and external stakeholders. Participate in corporate initiatives, public awareness activities, working groups and policy reviews, and perform other related duties as assigned. About the Person: Master’s degree in Banking or Accounting or Finance or Economics or Business Administration A minimum of five years’ working experience in a senior technical capacity in the financial sector in the areas of supervision, regulation and/ or compliance About the Profile The preferred candidate should have: Thorough knowledge of financial risk assessment and the relevant analytical skills. Working knowledge of financial data modelling and scenario analysis. Sound knowledge of banking and accounting practices and experience in banking operations and credit risk management. Direct experience in the credit union sector, in the areas of regulation, and/or compliance and operations or monitoring and risk assessment. Sound knowledge of macroeconomic theory, with a full grasp of monetary policy determination and implications. Sound knowledge of laws and regulations governing the banking system. Experience in drafting policies, procedures manuals, and business process documentation. Research methodologies and data management techniques. Excellent analytical capabilities with emphasis on reading and interpreting data. Strong managerial skills. High proficiency in Microsoft Office Suite including Microsoft Word; Microsoft Excel; Microsoft Teams, Project, PowerPoint and Visio inter alia. Qualified applicants are invited to submit their resumes including the names and addresses of three (3) Referees, no later Friday October 23, 2026 to: Director, Human Resource and Administration Jamaica Deposit Insurance Corporation 30 Grenada Crescent Kingston 5 Please note that only shortlisted applicants will be contacted.