Vacancies – Eastern Caribbean Partial Credit Guarantee Corporation

Author(s): Central Bank Of Barbados

Created 20 Aug, 2018
Categories General Press Release
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The Board of Directors of the Eastern Caribbean Partial Credit Guarantee Corporation is inviting suitably qualified persons to apply for positions at the soon to be established Eastern Caribbean Partial Credit Guarantee Corporation.

About the Eastern Caribbean Partial Credit Guarantee Corporation

Six-member states of the Eastern Caribbean Currency Union have joined together to establish the Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) under the guidance of the World Bank. Five of the countries are borrowing money from the World Bank to use to capitalize the ECPGC. The sixth nation is using existing funds to contribute to the USD $12 million capitalization of the scheme. The ECPCGC headquarters will be in Saint Kitts.

The Posts

Chief Executive Officer

The Chief Executive Officer (CEO) will be responsible for building the scheme from the ground up. The CEO will acquire office space, establish banking relationships, hire additional staff and supervise and assist with the development of policies, procedures, and information technology architecture necessary for the efficient operation of the ECPCGC. The ideal candidate will have familiarity with the operations of a guarantee scheme and experience in a banking environment in the Caribbean.

Chief Financial Officer

The Chief Financial Officer (CFO) will assist the CEO in building the scheme from the ground up. This includes acquiring office space, establishing banking and investment relationships, and hiring additional staff. The CFO will also establish an accounting system that will be used to operate the ECPCGC and manage the guarantee program and will nominate an external auditor to the Board of Directors. The ideal candidate will have familiarity with the operations of a guarantee scheme and experience in a banking environment in the Caribbean.

Senior Operations Officer

The Senior Operations Officer (SOO) will help build the credit function at the ECPCGC from the ground up. This includes developing policies and procedures, working on the marketing of the scheme and, most importantly during the first years, acting as the first reviewer of applications for guarantees. The SOO will interact directly with lenders and assist in the design of the ECPCGC web portal and the interface with lenders. The SOO will have a second key function. The SOO will be responsible for working with the CFO to establish a risk function. The ideal candidate will have familiarity with the operations of a guarantee scheme and experience in a banking environment in the Caribbean.

Administrative Assistant

The Administrative Assistant (AA) will be expected to handle the tasks necessary for a properly functioning office. The AA will play a key role with the CEO and CFO in setting up the business. Once the office space is located and the staff has moved in, the AA will begin setting up a filing system, working with the telephone vendor to ensure that each of the functions are working properly and purchasing office supplies. When the computer system is installed, the AA will establish a correspondence tracking system and begin to establish a calendar for key events, including training.

The deadline for submission of applications is Friday, September 14, 2018 at 11:59 a.m.

Download the attached pdf files for more information.



Chief Executive Officer.pdf (137.72 KB)
Chief Financial Officer.pdf (115.19 KB)
Senior Operations Officer.pdf (118.89 KB)
Administrative Assistant.pdf (113.69 KB)
Copyright 2018 by Central Bank of Barbados