On the 22nd, the Financial Services Agency started recruiting personnel from the private sector for seven job categories responsible for monitoring financial institutions. Utilizing the 'Social Impact Recruitment Project' provided by the staffing service company En, they will conduct interviews without the written examination traditionally required by the national civil service exam. Amid the increasingly complex financial environment, the aim is to strengthen the organization by actively appointing external personnel with specialized knowledge. The application period is until March 18.
Strengthening the system for maintaining the stability of the financial system
The Financial Services Agency has determined that organizational strengthening is essential to respond to changes in the financial environment due to the economic transition accompanying the move to a 'world with interest rates', the increase in geopolitical risks, and the growing cyber threats. The seven positions being recruited are all critical to supporting the foundation of financial administration.
Specifically, the seven positions targeted include inspection officers for internal audits, cybersecurity measures officers, monitoring officers for regional financial institutions (market risk and credit risk), monitoring officers for insurance companies, monitoring officers for major securities firms, and monitoring officers for major banks. In these positions, individuals will be involved in inspection and supervision tasks covering a diverse range of financial businesses from mega banks to cryptocurrency exchange operators.
Changing the conventional selection method to a format closer to that of private enterprises
In this public recruitment, the National Personnel Authority will omit the written examination of the national public servant examination and conduct a selection process focused on interviews. This change in the selection method aims to acquire talent with diverse backgrounds.
The Financial Services Agency commented that 'the active utilization of capable external personnel with specialized knowledge and experience is essential', and is moving towards securing personnel without being bound by the traditional public servant recruitment framework.
Recruitment will be carried out through three job services operated by En: 'Mid-career Recruitment', 'AMBI', and 'En Career'. The special site provides detailed job descriptions and the desired candidate profile for each position. By utilizing multiple job sites targeting different demographics, we aim for a broad reach.
A new model case for the utilization of external personnel in central government ministries
En's 'Social Impact Recruitment Project' is an initiative that supports the recruitment of personnel with significant social impact. To date, it has handled the recruitment of executive candidates for central government ministries, vice mayors and DX officers of local governments, and core members of NGOs, NPOs, and sports organizations. This project is characterized by its commitment to support 'active engagement after joining', connecting individuals who want to leverage their exceptional abilities to solve social issues with organizations that need such talent.
The Financial Services Agency's current initiative has the potential to become a new model case for the utilization of external personnel in central government ministries. In recent years, administrative agencies have accelerated the incorporation of private sector expertise in high-specialization tasks, and a similar trend is becoming established in financial administration. Applications from individuals who aspire to contribute to Japan through the lens of finance are expected.