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Central Bank of Ireland Staff

Dáil Éireann Debate, Tuesday - 6 December 2016

Tuesday, 6 December 2016

Ceisteanna (118)

Michael McGrath

Ceist:

118. Deputy Michael McGrath asked the Minister for Finance the number of the vacancies in each functional area of the Central Bank and the percentage that vacancy rate represents of the staffing allocation for that function in tabular form; and if he will make a statement on the matter. [38622/16]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Central Bank that at the end November 2016, it has circa 1,600 employees which is below the original year end plan of 1,695. The Central Bank informs me that it is actively recruiting at present, with well over 100 roles advertised. Overall vacancies are spread across functions, with staffing currently approximately 11% below 2016 approved complement in Financial Regulation, 9% in Central Banking and 4% in Operations. These percentages are based on a point in time, namely end of November 2016. The Central Bank Commission has approved additional complement for 2017, to meet requirements, bringing the targeted number of staff for the end of 2017 to circa 1,800.

The following table, provided by the Central Bank, sets out the number of open roles in each function:

Regulator

Directorate

# Open Roles

% of staffing allocation based on 100% complement

Central Banking

Chief Economist

16

13.4%

Central Banking

Financial Operations

5

6.0%

Central Banking

Resolution and Corporate Affairs

11

6.8%

Central Banking

Senior Management

1

10.0%

Total Pillar figure

33

8.8%

Regulator

Directorate

# Open Roles

% of staffing allocation based on 100% complement

Chief Operations Officer

Direct Reports

6

5.93%

Chief Operations Officer

Currency and Facilities Management

3

1.15%

Chief Operations Officer

Information Management and Technology

11

7.76%

Chief Operations Officer

Human Resources

2

3.25%

Total Pillar figure

22

3.89%

Regulator

Directorate

# Open Roles

% of staffing allocation based on 100% complement

Financial Regulation

Consumer Protection

11

10.27%

Financial Regulation

Credit Institutions

27

12.00%

Financial Regulation

Enforcement

9

7.68%

Financial Regulation

Insurance Supervision

13

8.83%

Financial Regulation

Markets Supervision

22

11.62%

Financial Regulation

Policy and Risk

10

11.16%

Financial Regulation

Senior Management

2

Total Pillar Figure

94

10.65%

Total number of open roles

149

8.17%

Grads

0

0.00%

Total

149

8.12%

Source: Central Bank of Ireland

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