#Japan #Tokyo #Financial Services Agency #foreign banks #securities companies

Job Opening for Monitoring Staff at Financial Services Agency

The Financial Services Agency (FSA) in Japan has announced a job opening for prospective employees to engage in monitoring and supervising foreign banks and foreign securities companies. This recruitment aims to strengthen the oversight capabilities of the FSA in ensuring financial compliance and stability within the country's finance sector.

Job Details and Responsibilities

In this role, candidates will be involved in the following key responsibilities:

1. Comparative Analysis of Financial Data: Candidates will analyze financial information and risk data from foreign banking institutions and securities firms in comparison to domestic standards. This involves evaluating their financial health, adherence to regulatory requirements, and risk management practices.

2. Business Model Analysis: The job will also require the assessment of business models utilized by these foreign institutions. Understanding these models is critical for effective monitoring and developing appropriate regulatory frameworks.

3. Governance and Compliance Checks: Applicants will be tasked with evaluating the governance structures and compliance mechanisms of foreign banks and securities companies. This includes ensuring that these institutions adhere to both Japanese laws and international regulations.

4. Policy Planning and Monitoring: Based on the analyses mentioned above, successful candidates will plan monitoring strategies and address policy challenges in overseeing these foreign entities. This responsibility also incorporates the consideration of international regulatory trends guided by the Basel Committee on Banking Supervision and other global bodies.

Application Requirements

To be considered for this position, candidates must possess knowledge of finance-related laws and practices pertinent to banks and securities firms. Practical experience in roles involving such regulations will be crucial. Furthermore, applicants should demonstrate proficiency in English to the extent of reading and comprehending documents and engaging in discussions.

Recruitment Details

- Number of Positions Available: A limited number of vacancies are open.
- Employment Type: Applicants will be hired as fixed-term public servants based on the Fixed-Term National Public Servant Law.
- Salary Information: Compensation will be aligned with the standards set under the relevant laws for national public servants.
- Location: The position is based at the Financial Services Agency’s headquarters, located in Tokyo, Japan.
- Term of Employment: The initial term is approximately two years, with possible extensions depending on performance and organizational needs.
- Work Hours: Standard working hours are from 9:30 a.m. to 6:15 p.m., excluding weekends and holidays.

How to Apply

Interested candidates may download the required resume format from the FSA website. Completed applications should be submitted via email or postal mail to the appropriate division within the FSA. Note that only PDF files are accepted for email submissions.

Judging Criteria

Candidates will undergo a document selection process, followed by interviews for those who pass this stage. Successful candidates will be notified of their interview dates individually via phone or email. Please be aware that application materials will not be returned, so candidates should prepare copies for their records.

Application Deadline

Applications are accepted indefinitely; however, the recruitment may close once adequate candidates have been identified.

For more details and to apply, visit the Financial Services Agency's official website.

This opportunity is ideal for individuals eager to contribute to Japan's financial stability and regulatory practices. If you have the requisite skills and experience, consider applying to join this vital government agency.