Deputy to the Secretary General, FSB

Deputy Secretary General - FSB

The Financial Stability Board is hiring a Deputy Secretary General. This is a five-year fixed-term appointment based in Basel, Switzerland.

Applications are welcome from candidates of all nationalities, regardless of their current location. The successful candidate and eligible dependent family members will be supported, where applicable, in obtaining the appropriate Swiss legitimation cards. Relocation assistance will also be provided.

Application deadline: Sunday, 29th November, at 23:59 CET.

Purpose of the job:

• To assist the Secretary General of the Financial Stability Board in directing the work of the Secretariat and discharging the responsibility for managing the financial, material, and human resources allocated to the Secretariat.
• To implement the Secretariat’s strategy as defined by its Chair and Secretary General.
• To promote coordination among FSB members.
• To draft, edit and coordinate documents submitted to the FSB, and to manage the process for subsequent publication of some of those documents.
• To prepare and participate in the FSB’s meetings and those of its working groups and task forces, and, as necessary, to lead working groups or task forces.
• To establish and maintain contacts with central banks and supervisory authorities, press/media, banking industry and international organizations.
• To represent the FSB and speak at conferences, seminars and workshops.

Principal Accountabilities:

• Work with the Secretary General in collaboration with the Chair and in consultation with FSB members to develop and implement strategy related to the FSB mandate. Assist in identifying relevant issues, developing policy proposals, and achieving consensus on policy recommendations.
• Assist in developing and operationalizing processes for monitoring and assessing financial stability risks, and for monitoring implementation and for assessing effects of agreed
• FSB policies.
• Assist in developing and supporting the coordination and cooperation among FSB members in the development, implementation and operation of policies.
• Assist in developing and implementing public communication strategies for the FSB, to generate understanding of and support for its objectives, work, and policy.
• Directly oversee one or more areas of responsibility and serve as the line manager in those areas.
• Lead, motivate, and develop a team of highly qualified experts. Set performance objectives for team members and carry out performance and salary review discussions. Oversee the support of relevant FSB groups in the relevant area of responsibility.
• Assist the Secretary General in the hiring, leading, and managing of Secretariat staff to ensure that the Secretariat achieves the highest standards in executing the Secretariat functions under the FSB Charter.
• Prepare the meetings and support the activities of the FSB Plenary, the Steering and Standing Committees, Regional Consultative Groups and working groups; including developing meeting agendas and preparing discussions and high-quality background papers on the topics to be raised or being discussed in meetings, preparing and distributing all pertinent materials and supervising of administrative requirements, participating in the meetings, overseeing production of meeting summaries, and coordinating the follow up of action points arising from the meetings.
• Facilitate cooperation among FSB members and between the FSB and other institutions.
• Ensure the effective public dissemination of information about the FSB and continued development and maintenance of the FSB website.
• Deputise for the FSB Secretary General in discussions with FSB members and non-members and represent the FSB Chair in international meetings and conferences.
• Represent the FSB as Sou Sherpa and Finance “Deputy-deputy” to the G20.
• Establish and maintain ongoing contacts at national authorities (treasuries, central banks, national supervisory or regulatory authorities), international organisations and regulatory bodies that are members of the FSB, with the wider official sector and the financial, academic and NGO community.

Qualifications, skills and experience:

• Advanced graduate degree from a university of international standing, preferably in economics or finance, or equivalent professional experience.
• At least 15 years of experience gained at a central bank, treasury/finance ministry, national supervisory or regulatory authority, international financial organisation, or in related private or non-governmental sector positions.
• Deep experience in financial stability policy making at national and international level. Full familiarity with issues faced by the financial stability, supervisory and regulatory community.
• Experience with international financial policy dialogue, including through chairing relevant international working groups or task forces.
• Extensive experience in managing diverse teams.
• Outstanding track record in the analysis of financial stability topics.
• Track record of involvement with economic, financial, or regulatory policy making at increasing levels of responsibility.
• Expertise in one or more of financial supervision and regulation, resolution, financial stability assessment, or standards implementation a must.
• Proven qualities of intellectual leadership.
• Outstanding organisational and management skills.
• Strong analytic, diplomatic, leadership, and people management skills.
• Excellent interpersonal and communication skills.
• Outstanding verbal, drafting, and editing skills in English; knowledge of another major language an advantage.
• Strong cultural sensitivity.
• Willingness to travel extensively.
• Recognised skills in consensus-building and in cooperative activities to promote financial resilience.
• Strong ability to lead, motivate and develop staff in the Secretariat.
• Aptitude and experience in strategic project management.
• Experience with the G20 and G7 processes an advantage.
• Experience in FSB-related work is an advantage.

Please note that the FSB is a hosted organization at the Bank for International Settlements (BIS) and complies with BIS’ rules and policies.  As such, the corporate language of the FSB is English, which is used for all internal and external communication. 

Who we are:

The Financial Stability Board (FSB) is an international body that coordinates the work of national financial authorities and international standard-setting bodies and develops and promotes the implementation of effective regulatory, supervisory, and other financial sector policies in the interest of financial stability.

What we offer:

We want your time at FSB to be a rewarding and career-enriching experience. We offer an agile and flexible working environment with hybrid working opportunities including home office and some working from abroad days. To support our international applicants, we offer relocation support that extends to your dependent family members. In addition, we offer a competitive compensation and benefits package, including support for working families including childcare and education allowances (where applicable). Finally, we offer a genuinely unique international working environment, which will give you exposure to the global financial system and the opportunity to collaborate with passionate experts from all over the world. 

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