I propose to take Questions Nos. 137 and 142 together.
I am advised by the Central Bank that there are 172 active vacancies within the Central Bank, which are detailed in the following table. Each role is advertised internally and externally for a minimum of 2 weeks, and roles within Operations and Financial Regulation take on average 8 weeks to fill with Central Banking roles being filled on average within 7.3 weeks.
I am informed that the Enforcement function of the Central Bank has grown substantially across the past year with a total of 72 active employees (47 in Enforcement Investigation and 25.2 in Advisory). Significant recruitment campaigns were undertaken by the Bank in the first half of 2017, and following on from this process, there are over 20 additional employees due to join the teams. There are currently 2 open vacancies in the Enforcement Investigation Division.
Regulator
|
Directorate
|
Number of Open Roles
|
Financial Regulation
|
Consumer Protection
|
8
|
Financial Regulation
|
Credit Institutions
|
51
|
Financial Regulation
|
Enforcement
|
4
|
Financial Regulation
|
Insurance
|
21
|
Financial Regulation
|
Securities and Markets Supervision
|
8
|
Financial Regulation
|
Asset Management Supervision
|
7
|
Financial Regulation
|
Policy and Risk
|
16
|
Total Pillar figure
|
|
115
|
Average time to hire
|
|
8 weeks
|
Regulator
|
Directorate
|
Number of Open Roles
|
Chief Operations Officer
|
Direct Reports
|
3
|
Chief Operations Officer
|
Currency and Facilities Management
|
1
|
Chief Operations Officer
|
Information Management and Technology
|
17
|
Chief Operations Officer
|
Human Resources
|
1
|
Total Pillar figure
|
|
22
|
Average time to hire
|
|
8 weeks
|
Regulator
|
Directorate
|
# Open Roles
|
Central Banking
|
Chief Economist
|
15
|
Central Banking
|
Financial Operations
|
8
|
Central Banking
|
Corporate Affairs
|
12
|
Total Pillar figure
|
|
35
|
Average time to hire
|
|
7.3 weeks
|