Željko Jović was born on 29 September 1979 in Šabac.
In 2003, he graduated from the Belgrade Faculty of Economics at the Finance, Banking and Insurance Department. In 2010, he completed his M.A. studies at the Belgrade Faculty of Economics, the Finance and Banking Management Department, with the thesis “Application of Internal Approach to Credit Risk Management in the Banking Sector of the Republic of Serbia”. In 2017, he defended his PhD thesis “Analysis of Credit Risk Determinants in Conditions of Pronounced Information Asymmetry”.
As of 2004, he held various risk management posts in commercial banks in Serbia, including a risk analyst and director of a risk management department. In July 2012 he became Deputy General Manager and in November 2012 General Manager of the Bank Supervision Department of the National Bank of Serbia. He was Director of the Administration for Supervision of Financial Institutions from March to June 2018, when the Administration was abolished by law and he was appointed Vice-Governor.
By the Decision of the Government of the Republic of Serbia of 10 October 2012, he was appointed a member of the Managing Board of the Deposit Insurance Agency at the proposal of the National Bank of Serbia. Following amendments to the Law on the Deposit Insurance Agency of 2015, he was re-elected to the Managing Board of the Deposit Insurance Agency. He held this function until his appointment for the Director of the Administration for Supervision of Financial Institutions of the National Bank of Serbia.
He was a standing member of the Audit Public Oversight Board since its establishment, in accordance with the Law on Audit. From January 2015 to March 2018, he served as President of the Audit Public Oversight Board. He is a member of the Financial Stability Committee of the Republic of Serbia since its inception in 2013.
Before joining the National Bank of Serbia, he was an associate at the Credit Risk Board of the Association of Serbian Banks. He is a member of the Professional Risk Managers’ International Association.
He has published eleven papers in journals and proceedings, relating to credit risk management, the financial crisis and possible responses of the real economy in crisis conditions.
In June 2018, at the Governor's proposal, he was appointed as Vice-Governor of the National Bank of Serbia by the National Assembly, for a period of six years.
He lives in Belgrade and has two children.