Written answers

Tuesday, 6 December 2016

Department of Finance

Central Bank of Ireland Staff

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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118. To ask 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]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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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:

RegulatorDirectorate# Open Roles% of staffing allocation based on 100% complement
Central Banking Chief Economist 1613.4%
Central Banking Financial Operations 56.0%
Central Banking Resolution and Corporate Affairs 116.8%
Central Banking Senior Management 110.0%
Total Pillar figure338.8%
RegulatorDirectorate# Open Roles% of staffing allocation based on 100% complement
Chief Operations Officer Direct Reports65.93%
Chief Operations Officer Currency and Facilities Management 31.15%
Chief Operations Officer Information Management and Technology 117.76%
Chief Operations Officer Human Resources23.25%
Total Pillar figure 223.89%
RegulatorDirectorate# Open Roles% of staffing allocation based on 100% complement
Financial RegulationConsumer Protection1110.27%
Financial RegulationCredit Institutions 2712.00%
Financial RegulationEnforcement 97.68%
Financial RegulationInsurance Supervision138.83%
Financial RegulationMarkets Supervision2211.62%
Financial RegulationPolicy and Risk1011.16%
Financial RegulationSenior Management 2
Total Pillar Figure 9410.65%
Total number of open roles 1498.17%
Grads00.00%
Total1498.12%
Source: Central Bank of Ireland

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