 Bank of Finland as an employer
The Bank of Finland is the national monetary authority of Finland and a member of the Eurosystem. In addition to monetary policy and research, the Bank of Finland has three other core functions: financial markets and statistics, banking operations and maintenance of the currency supply. The Bank's activities create the prerequisites for economic growth and employment. The Financial Supervisory Authority (FIN-FSA), operating in connection with the Bank of Finland, is the new authority for supervision of Finland's financial and insurance sectors from 1 January 2009. The objective of the Financial Supervisory Authority's activities is to enable balanced operations of credit institutions, insurance and pension companies and other supervised entities in stable financial markets, to protect the rights of the insured and foster public confidence in financial market operations. As an employer, the central bank offers versatile and challenging tasks particularly for graduates of economics, finance, statistics, data processing and law. Representatives of the Bank of Finland participate in the work of the Eurosystem and key international committees and institutions. The Bank's expertise builds on leading-edge central bank research aiming at the academic standards required of contributions to refereed international journals and utilising the synergic benefits between research and policy analysis. The Bank offers an international, motivating and egalitarian workplace. The Bank provides opportunities to develop skills in the various activities of the Bank and the European System of Central Banks (ESCB). Professional development of experts is fostered for example through versatile training opportunities, a coaching scheme and internal job rotation. The Bank of Finland caters for the health and wellness of its staff in many different ways, for example by providing catering, library and physical training services, hobby activities and leisure services and facilities. 
Bank of Finland in figuresThe Bank of Finland employs about 470 persons, 57% of which hold an expert position. 52% of the staff have a university degree, while 8% of the staff have research training. The average age of the employees is 46 years. The Financial Supervisory Authority (FIN-FSA) is an independent authority operating in connection with the Bank of Finland. This is the new authority for supervision of Finland's financial and insurance sectors that took over most of the responsibilities of the former Financial Supervision Authority and Insurance Supervisory Authority, with effect from 1 January 2009. The FIN-FSA now employs 210 persons. |