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Banking Sector Recruitment

Dáil Éireann Debate, Tuesday - 9 July 2013

Tuesday, 9 July 2013

Questions (170)

Pearse Doherty

Question:

170. Deputy Pearse Doherty asked the Minister for Finance the standard that now applies to recruiting and hiring staff at the Central Bank of Ireland and other State-run banks; if senior staff must come with a level of experience in a similar field; and if he is satisfied that all staff currently appointed in the Central Bank of Ireland went through rigorous interview and probationary processes. [33296/13]

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Written answers

I am informed by the Central Bank that the Central Bank Commission approves the staffing plan for the Central Bank on an annual basis and this defines the resourcing needs across the organisation. The Central Bank adopts a thorough recruitment process for all positions. The selection process involves an initial shortlisting by human resources, further shortlisting by the hiring manager against an agreed criteria and role profile, aptitude tests (for more junior roles), interviews (with a selection panel), assessment centre (for senior roles) and second interview. All staff members have to complete a probationary period of 6 months. Recruitment policy at the covered banks is an operational matter for those banks.

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