Author: Natasha Eddie

Vacancy – Senior Analyst DNFBPs/Cash Dealers & NPOs

Senior Analyst DNFBPs/Cash Dealers & NPOs Vacancy No.:  07/2019 Division:  Intelligence Management Division Work unit:      SIFIU Work type:      Full time Reports to:  Manager AML/CTF IMD Download Info Download Form The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Senior Analyst DNFBPs/Cash Dealers & NPOs within the Intelligence Management Division of the Solomon Island Intelligence Unit (SIFIU) The potential candidate must have essential minimum experience and qualification below. Essential Qualification Degree in Banking/Finance, Accounting, Business or related fields; Essential Experience Three plus years’ relevant work experience preferably in the finance/banking/superannuation of life insurance/ security/general insurance industry; Working knowledge of the banking, finance and savings and loans, superannuation or life insurance industries with knowledge of the relevant Acts and prudential standards and other related legislation, demonstrated management, communication, leadership, experience and skills. Responsibility Responsibilities Key Activities includes: implement and manage SIFIU’s intelligence and database management system and analysis; manage the intelligence information and reporting systems and provide reports on the overall condition of the financial intelligence system; manage the reporting and information exchange framework to ensure continuous flow of financial information between financial institutions, law enforcement authorities and the SIFIU; develop, implement and manage the SIFIU’s financial intelligence management database systems effectively and efficiently; manage cross-border currency reporting framework and work closely with relevant authorities in Solomon Islands and abroad as required under...

Read More

Vacancy – Senior Analyst Supervision and Compliance

Senior Analyst Supervision and Compliance Vacancy No.:  06/2019 Division:  PDCSCD Work unit:      SIFIU Work type:      Full time Reports to:      Manager AML/CTF PDCSCD Download Info Download Form The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Senior Analyst Supervision and Compliance within the Policy Development and Coordination, Supervision and Compliance Division (PDCSCD) within the Solomon Islands Intelligence Unit (SIFIU) The potential candidate must have essential minimum experience and qualification below. Essential Qualification Degree in Banking / Finance, Accounting, Business, or related fields; Essential Experience Three plus years’ relevant work experience preferably in the finance / banking / superannuation or life insurance industry; A working knowledge of the banking, finance and savings and loans, superannuation or life insurance, securities and general insurance industries and detailed knowledge of at least one of the relevant Acts and prudential standards and a working knowledge of other related legislation, demonstrated management, communication, leadership, experience and skills. Responsibility Primary Functional Responsibilities Key Activities includes; assist in ensuring that the AML /CTF policies and procedures of the Bank are applied; assist in planning and executing and onsite and offsite supervision of all regulated entities capture within the Act in according with the AML/CTF Act and other relevant AML/CTF laws and regulations; form alliance with peer regulators to undertake onsite supervision within their respective  entities in accordance to their work plan; assist...

Read More

Vacancy- Senior Analyst Policy Development and Coordination

Senior Analyst Policy Development and Coordination Vacancy No.:  05/2019 Division:   PDCSC Work unit:      SIFIU Work type:      Full time Reports to:      Manager, AML/CTF PDCSCD Download Info Download Form The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Senior Analyst Policy Development and Coordination within the Policy Development and Coordination Supervision and Compliance Division (PDCSCD) of the Solomon Islands Financial Intelligence Unit (SIFIU) The potential candidate must have essential minimum experience and qualification below. Essential Qualification Degree in Banking/Finance, Accounting, Business, Commercial Law or related fields; Essential Experience Three plus years’ relevant work experience preferably in the finance / banking / superannuation or life insurance, securities, general insurance industry or legal and policy development; A working knowledge of the banking and financial system, securities industry, insurance and other relevant industry management with high level AML/CFT controls and regulation.  Also has the understanding of International AML/CFT Standards, FATF Standard requirements, and has hand on experiences on promoting legal and compliance enforcement knowledge of at least one of the relevant Acts and prudential standards and other related legislation, demonstrated management, communication, leadership, experience and skills with high moral values.   Responsibility The Senior Anaalyst AML/CFT CPDCD must be accountable to the Manager AML/CFT PDCSCD. Primary Functional Responsibilities Key Activities includes: ensure the development and enforcement of AML programmes, and CFT framework in the Solomon islands; create and support...

Read More

CBSI on Foreign Counterfiets

CBSI on Foreign Counterfeits Honiara 05.08.19 – The Central Bank of Solomon Islands (CBSI) has confirmed that counterfeit $50 euro notes have been found circulating in Honiara....

Read More

Principles of Credit Union

Principles of Credit Union By CBSI Media Article No. : 05/2019 It is very important for the managements of all Credit Unions operating in the country to know the principles of Credit Union Thus every year the Central Bank of Solomon Islands (CBSI) would host a Credit Union (CU) conference for all credit union executive members to remind them of these very important principles and to ensure these principles are being uphold by all  members accordingly. The theme of this year’s conference is focused on “Building Resilience through Credit Unions Culture” this basically signifies the important role that credit unions continue to perform in the society    ...

Read More

Key Statistics

Inflation
(May, 2019) 1.0%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(September 11, 2019)SBD $5,004m
Interest Rates
(June, 2019)
Deposit Rate0.35%
Lending Rate10.72%
Money Supply
(September 11, 2019)SBD $5,040m

Exchange Rates

per
SBD
Today
20/09/2019
Last Week
13/09/2019
USD0.12120.1212
GBP0.09670.0983
EUR
0.10980.1099
AUD0.17840.1764
NZD
0.19230.1889
JPY13.138713.0548
SDR0.08840.0890
CNY0.8602 0.8592
Index112.3111.8

Pin It on Pinterest