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Job Ref No : uT76022uJ0  |  Closing Date : 2009-07-27
Management Trainees - Central Bank of Sri Lanka
Established under the Monetary Law Act, No. 58 of 1949, the Central Bank is the premier financial institution in the country. Its present staff includes 303 Graduates, 167 Post-graduates (PhD/Masters), 27 Lawyers and 36 Accountants. Most of its activities are fully automated and all officers are linked through sophisticated computer networks.

As per its Strategic Plan, the vision of the Central Bank is to be credible and dynamic Central Bank contributing to the prosperity of Sri Lanka. The key objectives of the Central Bank are to maintain economic and price stability and financial system stability with the aim of creating a conducive macroeconomic environment for sustainable long-term high growth in the country.

In addition to providing strategic leadership for the financial sector, the Central Bank provides prudential and pro-active policy recommendations to the government with the highest degree of integrity and professionalism, earning respect for its objectivity and apolitical stance. In doing so, the values maintained by the Central Bank are its commitment to inspirational leadership, transparency, accountability, integrity, commitment to professional competence, lifelong learning, knowledge sharing and innovation, consistency and accuracy, operational autonomy, continuous commitments to results and commitment to participatory work practices.
The Central Bank now has several opportunities for Young Professionals to join its team as:

• Management Trainees

If you are a citizen of Sri Lanka, an enthusiastic team player with leadership qualities, an achiever with the following qualifications, you have a chance to join the Premier Financial Institution of the Country.

Management Trainees Leading to Staff Class Grade I

1.1 Required Qualifications:

1.1.1 A Special Degree with 1st Class/ 2nd Class (Upper Division) or Grade Point Average 3.5 and above out of a maximum of 4.0 points obtained from a recognized University in the disciplines of Economics, Banking & Finance, Public/Business Administration, Commerce, Accounting, Engineering, Mathematics, Statistics and Computer Science/Information Technology.


A Post Graduate Degree at Master’s or higher level obtained in one of the above disciplines from a recognized University.

2. Passed Finalist of one of the following:

    * The Chartered Accountancy program of the Institute of Chartered Accountants of Sri Lanka (ICA-SL)
    * The Chartered Accountancy program of the Institute of Chartered Accountants of England and Wales (ICA-EW)
    * The Management Accountancy program of the Chartered Institute of Management Accountants of UK (CIMA-UK)
    * The Chartered Certified Accountancy program of the Association of Chartered Certified Accountants (ACCA-UK)
    * The Certified Management Accountancy program of the Institute of Certified Management Accountants of Sri Lanka (CMA)
    * The Certified Public Accountancy program of the American Institute of Certified Public Accountants - USA/
    * The Certified Practicing Accountancy program of the CPA - Australia (CPA)
    * The Certified Internal Auditor program of the Institute of Internal Auditors (CIA) – USA
    * The Chartered Financial Analyst program of the CFA Institute (CFA) - USA


1.1.3 A Member of the British Computer Society (MBCS) with a minimum of 3 years experience in developing computer applications for a reputed institution with a large computer system or large networked system


1.1.4 Associate Member of the Institute of Bankers of Sri Lanka (AIB/DBF-IBSL) or the Chartered Institute of Bankers – UK (CIB-UK) with a minimum of 1 year executive experience in a Commercial Bank.

1.2 Age: Below 30 years as at the closing date of the applications (27th July 2009).

1.3 Remuneration: An all inclusive fixed allowance of Rs.50, 000/- per month for the training period of one year. Thereafter, on successful completion of training period, they will be placed as Probationary Staff Officers for another one year (Staff Class Grade I). In addition to the other fringe benefits, the gross remuneration of Staff Class Grade I would be around Rs.68, 500/- per month.

Selection Procedure
By a competitive examination and one or more interviews

If you have the above qualifications and wish to apply, your application in the prescribed form should be sent by registered post to reach the undersigned on or before 27th July 2009. Applicants are strictly advised to adhere to the prescribed application form.

The prescribed application form could be obtained from the Director - Human Resources Department, Central Bank of Sri Lanka, No. 30, Janadhipathi Mawatha, Colombo 01 by sending a self-addressed stamped envelope (9” X 4” in size).

Application forms are also available at the following places:

1. Central Bank of Sri Lanka     
    Regional Office
    35, Anagarika Dharmapala Mawatha,

2. Central Bank of Sri Lanka
    Regional Office
    341, 1st Stage, New Town

3. Central Bank of Sri Lanka
    Regional Office
    No. 805, Trincomalee Street,

4. Central Bank of Sri Lanka
    Centre for Banking Studies,
    58, Sri Jayewardenepura Mawatha,

Alternatively, prescribed application forms could also be downloaded from the Central Bank Website

Please indicate name of the post that you are intending to apply on the top left hand corner of the envelope.

Any application not meeting the required qualifications or received after the deadline will be rejected without notice. Further, applicants who do not possess the required qualifications as at the closing date will not be eligible to apply.

Any form of canvassing will be a disqualification.

The Bank reserves the right to decide the number of positions to be filled or postpone/ cancel the recruitment.

Director – Human Resources Department,
Central Bank of Sri Lanka,
No. 30, Janadhipathi Mawatha,
Colombo 01.
Telephone: 2477225, 2477293
Fax: 2477715

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