Reference no: EM132420034

Does this answer meet the requirement 

1. Professional Knowledge and Experience
2. Description: Consists of knowledge and experience of the job, the ability to make correct decisions in relation to technical requirements of the job, and the skill in applying these decisions.

• Is able to develop solutions appropriate to the local market
• Does not seek to import solutions from other jurisdictions wholesale.
• Dissects local issues to determine the core problem to be solved.

Describe 1 specific program you have developed or led that are in direct response to the changes in the Bank/Customer Relationship over the past five years.

Over the last five years, the Bank consumed a lot of time and effort in pursuit of several strategic initiatives with its parent company Eastern Caribbean Financial Holding (ECFH) to forge closer integration as one amalgamated Bank. However, these initiatives collapsed during 2016-2017 and Bank of St. Vincent and the Grenadines Ltd (BOSVG). reverted to a stand-alone entity.

In response to these, challenges one significant change was the listing of BOSVG shares on the East Caribbean Stock Exchange (ECSE) in June 2016 and subsequently the issuing of a stock dividend in March 2017 following the repurchase of majority shares by the Government of St. Vincent and the Grenadines. This required the production of a Prospectus and more rigorous reporting, which I had the opportunity to developed with my colleagues.

The prospectus was the first ever completed in house as opposed to being outsourced to consultants at substantial fees. I was able to use my knowledge as an accountant to guide future projections and provide the financial data required. This information was unique to BOSVG and could not have been sourced externally. Additionally, I conducted market research independently to analyse trends and risks that may have affected the value of the shares. These findings were incorporated within the document, which received the approval of Management and Board.