Welcome to the Bank of Jamaica's Career Section. The following pages cover our policy for recruiting staff within the Bank.
The Bank's mandate of formulating and implementing monetary and regulatory policies to safeguard the value of the domestic currency and to ensure the soundness of the financial system requires the contribution of highly motivated, qualified and professional employees. The ability of our organization to achieve this mission is dependent on the extent to which we can attract and retain qualified employees. The Bank offers a working environment that is challenging and provides an opportunity for our employees to influence policymaking at the highest level.
The Bank's terms and conditions of employment applicable to its staff, includes a competitive salary structure, retirement plan, health and life insurance, staff benefits, selected loan facility and training and development programmes.
Please see section, current vacancies for job postings.
©2010 The Bank of Jamaica. All rights reserved
The Bank of Jamaica, established by the Bank of Jamaica Law (1960), began operations in May 1961, terminating the Currency Board System which had been in existence from 1939.
The Central Bank stands at the center of the local financial system and is charged with the responsibility to promote and maintain financial system stability. To achieve this objective, the Bank supervises the activities of deposit-taking entities. In addition, the Bank seeks to promote the development of the local financial markets, and regulates and supports the major clearing and settlement systems.
Under the Bank of Jamaica Act (1960), the conduct of monetary policy is aimed at regulating the growth of money and credit in line with the resources expected to finance economic activity and generate employment, without undermining the conditions of price stability.
The Foreign Exchange section provides current and historical information on the movements of major currencies in relation to the Jamaican dollar. The section also provides powerful search techniques for users to manipulate the data and generate customize reports.
The Bank of Jamaica publishes in the daily newspaper each quarter, balance sheet data for commercial banks, building societies and licensees under the Financial Institutions Act . Such financial data is based on unaudited prudential returns submitted by the licensees to the Bank of Jamaica which are required to be certified by the licensee 's management as reflecting a true and fair representation of the affairs and condition of the institution at the reporting date.
The Bank of Jamaica is committed to providing information on its activities on a timely and continuous basis. In this regard, this section is designed to provide access to all major releases compiled by the Bank of Jamaica.
The Bank of Jamaica publications are aimed at providing quality economic and financial analysis and information on Jamaica as well as timely updates on matters relating directly to the functions of the Bank.