Bank Examiner (General) - Bank Supervision Department of the Central Bank of Sri Lanka

Educational/Professional Qualifications:

• A Bachelor’s degree (minimum of three (03) years) specialized in Accounting, Banking, Finance, Business

Administration, Commerce, Statistics, with a minimum of 2nd Class (Upper Division) or a minimum of 3.5

Grade Point Average (GPA) out of maximum of 4.0 points or a minimum Weighted Average Marks (WAM) of 75% obtained from a local or foreign university, recognized by the University Grants Commission of Sri Lanka;

OR

• A Bachelor’s degree (minimum of three (03) years) or a postgraduate degree at Master’s or higher level

(minimum of one (01) year) in Accounting, Banking, Finance, Business Administration, Commerce,

Economics, Statistics, Mathematics, Engineering obtained from a local or foreign university, recognized by the University Grants Commission of Sri Lanka with one of the following professional qualifications;

▪ Associate Member of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka)

▪ Associate Member of the Chartered Institute of Management Accountants of UK (CIMA – UK)

▪ Associate Member of the Association of Chartered Certified Accountants (ACCA)

▪ Charter Holder of the Chartered Financial Analyst Institute of USA (CFA – USA)

▪ Associate Member of the Institute of Certified Management Accountants of Sri Lanka (CMA – SL)

▪ Financial Risk Management obtained from the Global Association of Risk Professionals (FRM)

▪ Associate Member of the Institute of Bankers of Sri Lanka (IBSL-SL)

Experience:

A minimum of five (05) years of post-qualifying (required minimum qualifications), experience in a position

preferably in a financial institution, in any of the specialized areas mentioned above.

• Conduct statutory examinations of licensed banks in terms of the Central Bank of Sri Lanka Act (CBSL Act), No. 16 of 2023 and Banking Act (BA), No. 30 of 1988, as amended, make recommendations and arrange timely remedial measures to ensure that licensed banks are operated in accordance with applicable laws, rules and regulations.

• Liaise with examiners and continuous supervisors of licensed banks on the implementation of

recommendations made at statutory examinations to ensure such recommendations are implemented

promptly and accurately.

• Conduct specific/spot examinations of assigned banks to ensure that licensed banks are operated in

accordance with applicable laws, rules and regulations and to promptly address any identified irregularities or emerging risks.

• Review the Banking Act No.30 of 1988, as amended and associated regulations, draft amendments as

necessary in line with the international best practices and local market developments, and issue relevant

directions to strengthen the legislative framework and enhance the resilience of the banking industry.

• Conduct continuous supervision of assigned licensed banks to ensure their adherence to regulatory

requirements and contribute to overall financial system stability.

• Process regulatory approval requests from assigned banks and stakeholders to ensure all submissions are addressed in a timely, accurate, and compliant manner.

• Keep abreast with changes in regulatory guidelines, industry trends, and financial market conditions to

enhance examination techniques and adapt to evolving risks.

• Contribute to the implementation of evolving Supervisory Technology (Sup-Tech) initiatives within the

department to enhance regulatory oversight, improve efficiency, and ensure compliance.

• Contribute to capacity building and development of staff members to enhance their subject knowledge.

• Conduct risk-based Anti-Money Laundering (AML) & the Combating the Financing of Terrorism (CFT)

examinations, spot examinations, and onsite/offsite follow-up examinations on banks in terms of Section 22 of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA) on money laundering and terrorist financing activities to ensure compliance with relevant laws and regulations.

• Perform any ad hoc duties and responsibilities assigned by the management of Bank Supervision Department (BSD), contribute to achieving the overall objectives of BSD.

• Analytical skills for accounting and financial statements analysis
• Knowledge in operations of financial institutions and related systems in financial institutions
• Knowledge in risk assessment including credit, IT, operational, market, and treasury
• Proper understanding of banking laws and best practices & compliance relating to banking operations
• and supervision
• Computer literacy (especially Microsoft Word and Excel)
• Verbal and written communication/ presentation skills

• Candidates who meet the specified minimum criteria will be shortlisted for further evaluations, which may include technical skill assessments and one or more interviews.
• Candidates recruited will be subject to a probation period of two (02) years and will be considered for
• confirmation in the permanent cadre of the CBSL as Assistant Directors in the Staff Class Grade I upon successful completion of the probation period, subject to satisfactory performance and conduct during the probation period.
• Candidates recruited will be posted to the Bank Supervision Department of the CBSL.

• Citizens of Sri Lanka who possess the required qualifications and experience and wish to apply for the above position should submit their applications only through the following link on or before 15.11.2026.
• Link: https://www.cbsl.gov.lk/en/careers
• Applicants are strictly advised to adhere to the terms and conditions stipulated in the above link when submitting applications.
• Those who do not possess the required qualifications and experience as at the closing date will not be eligible to apply for this post. Any application not meeting the required qualifications, received after the deadline or not in the prescribed format, will be rejected without any notice.
• Applicants are strictly advised to upload scanned copies of the educational/professional qualifications and documents to verify service experience which meet the eligibility criteria for the above post. Any application without the copies of certificates relevant to educational/professional qualifications and experience will be rejected without any notice at any stage of the recruitment process.
• Candidates who fail to provide originals of relevant documents at the certificate verification conducted prior to evaluations will not in any manner be considered as eligible candidates.
• Any form of canvassing will be a disqualification. CBSL reserves the right to decide on the number of positions to be filled or postpone or cancel the recruitment. CBSL has the discretion to determine the relevancy of qualifications (subject area covered in the educational/professional qualifications) and experience for shortlisting applications, based on the requirements of the position. Only shortlisted candidates will be contacted for the next step of the recruitment process.
• Provisions in the Central Bank of Sri Lanka Act, No. 16 of 2023 shall apply to all selected candidates.