Principal Banking Officer, Research Department (2 Positions) – BANK OF UGANDA (BOU)



Bank of Uganda
(BoU) seeks to recruit suitably qualified, self-driven, result-oriented and
motivated individuals to fill the following vacancies existing in the Research
Department.

JOB
TITLE:

Principal Banking Officer, Research Department (2 Positions)

RANK: HEAD OF SECTION
(SPBO/PBO)

REPORTS
TO:

DEPUTY DIRECTOR/ASSISTANT DIRECTOR



MAIN
RESPONSIBILITIES
:
Provide timely and reliable information and analysis of the developments in the
economy to Director Research, Executive Director Research and other
stakeholders; Monitor developments in the macro-economy to ensure consistency
and coordination between monetary and fiscal policies; Undertake empirical
research and produce macroeconomic forecasts to inform policy and forward
looking monetary policy framework; Provide empirically based policy advice in
support of monetary, exchange rate and financial policy formulation; and,
Liaise with the Ministry of Finance, Planning and Economic Development (MFPED),
other departments within the Bank and other institutions for the proper
management of the economy.

MAIN
ACTIVITIES:

Initiate basic and applied research pertinent to economic policy formulation
and implementation by Bank of Uganda. Prepare initial empirical reports on
macroeconomic forecast to inform the monetary policy process. Liaise with
various stakeholders and other organizations regarding data required for
micro-macro analysis and simulations; Perform preliminary cleaning,
organization and updating of the database; Participate in the production and
analysis of short-term early warning and leading indicators to inform the
monetary policy process; Prepare initial policy briefs, background papers and
reports for the senior management of Bank of Uganda and Government of Uganda;
and, Undertake any other duties assigned from time to time by the Executive
Director, Research and Director, Research.

OUTPUTS: Macro econometric
models of the Ugandan economy; Policy simulations using macroeconomic models;
Reports of the modeling exercises; Timely and reliable early warning and
leading indicators; Macroeconomic forecasts; Empirical research papers; and,
Technical policy briefs.


PERSON
SPECIFICATIONS/ QUALIFICATIONS

  • At least a Masters Degree in either
    of the following fields: 1) Economics; 2) Statistics; 3) Econometrics,
    with a bias against terminal Masters Programmme.
  • A PhD in economics is an added
    advantage.

WORKING
EXPERIENCE
:

  • At least three (3) years of relevant
    working experience in academia or a research-based institution; and, Must
    have published at least one (1) article in a reputable journal.

AGE:

  • Should be between 27 and 35 years of
    age.

SKILLS
& COMPETENCIES
:

  • Competence in the use of any of the
    following standard softwares (SAS, STATA, PcGIVE, E-views, Microfit,
    Mathlab, Gauss/GAMs/Winsolve, and Microsoft Office Tools);
  • Ability to communicate and write
    effectively in English; Good analytical and policy oriented report
    writing; Good staff working relations; and,
  • Ability to provide positive
    critiques of research papers in economics.

PROCEDURES
FOR APPLYING

All applications must be forwarded electronically using the iRecruitment
Application on the BOU website, http://www.bou.or.ug/,
under Careers in BOU. A help manual to guide prospective candidates through the
application procedure can be accessed by using the hyperlink Bank of Uganda
iRecruitment Instructions. Candidates MUST ensure that they indicate the class
of their degree(s) in their applications. Attachments to the application(s) MUST
include; scanned copies of academic and professional certificates, and a
detailed Curriculum Vitae which should include names of three (3) referees and
their contacts. The maximum size of attachments is 500Kb. Multiple documents of
sizes smaller than 500Kb can be attached.

Please note
that:
Only shortlisted candidates will be contacted. The appointing authority
reserves the right to appoint successful candidates to a higher or lower level
than advertised, as deemed fit. The remuneration packages are competitive and
attractive. Applications should reach not later than Monday January 30, 2012.

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