Vacancy

Financial Analyst: Legal & Licensing Services

NAMFISA

NAMFISA is recruiting a Financial Analyst: Legal & Licensing Services, to be based in Windhoek, Namibia.
Description
  • The purpose of this job is to review newly assessed applications for registration, including AML/FAP assessments, de-registration, name change/name reservation/transfer of shareholding, registration of PO’s, auditors and valuators, certification of good standing, review of constitutional documents and to do an assessment of all applications
  • DIVISION: LEGAL & LICENSING SERVICES
  • THE POSITION REPORTS TO THE SENIOR FINANCIAL ANALYST
Duties
  • Provide information and documentation regarding the Procedures and Requirements to register financial institutions to prospective applicants
  • Assess new applications for registration and make recommendations to Senior Financial Analyst for review
  • Prepare assessment report, internal memorandum, approval letter, and make recommendations for approval/rejection
  • Report on assessed requests for voluntary and NAMIFISA-initiated de-registrations
  • Review representations made by registered entity and make relevant recommendations to Senior Financial Analyst
  • Assess correctness and completeness of applications, draft rejection/approval letters and make relevant recommendations to Senior Financial Analyst
  • Provide recommendations to accountable and reporting institutions regarding completion of FAP questionnaires of new applicants, and for replacement of Key Responsible Persons of existing entities
  • Provide recommendations to accountable and reporting institutions regarding the completion of AML Compliance programs for new applicants
  • Assess FAP questionnaires submitted for new applicants and Key Responsible Persons of existing entities, and make recommendations to the Senior Financial Analyst
  • Assist with the research on challenges/issues faced by industry players or by the division, and make recommendations for policy review that may lead to amendments to legislation
  • Participate in the drafting process of amendments to legislation where required
  • Assist with the drafting of departmental procedures, Directives, Circulars, Regulations and Standards when required
  • Attend to walk-in-clients, telephonic enquiries and e-mail enquiries where required
  • Participate in meetings as requested by regulated entities
  • Participate in Consumer Education interventions
  • Ensure that industry related information and documentation are prepared in a timely manner
  • Ensure that permanent and electronic files, working papers and other records of registered entities are kept up to date
Requisites
  • Qualifications & Experience:
  • Bachelor’s degree in Business Administration / Accounting / Economics / Finance
  • Two (2) years’ administration and regulatory experience
  • Knowledge of:
  • Knowledge and understanding of NAMFISA’s vision, mission and objectives
  • Knowledge of relevant legislation
  • Up-to-date with industry trends and legislative environment
  • Understanding and interpretation of laws
  • Business knowledge and understanding of Insurance, Pensions,
  • Medical Aid Funds, Microlending and Capital Markets Institutions’
  • Registration Requirements
  • AML Fit and Proper Assessments
  • Financial reports analysis and interpretation
  • Administrative procedures
  • Risk Management
  • Skills:
  • Regulatory skills
  • Report writing skills
  • Analytical skills
  • Problem solving skills
  • Computer Literacy (MS Office);
  • Good verbal and written communication
  • Good interpersonal skills
Notes
  • Only shortlisted applicants will be contacted
  • Remuneration: NAMFISA offers a market-related total cost to company package based on work experience and qualifications
  • The package includes retirement and medical aid benefits
  • ONLY persons with disabilities may apply via the National Disability as follows: Ms. M. Katjinamunene – magdelena.katjinamunene@mgepesw.gov.na OR Ms. M. Ndengu – maria.ndengu@mgepesw.gov.na
  • As per Affirmative Action (Employment) Act, Act 29 of 1998, Namibian Citizens from disadvantaged groups and persons living with disabilities will receive preferential treatment and are encouraged to apply
  • Please note that certified copies of qualifications and identification documents should be attached to your application
  • No faxed applications will be accepted
  • NAMFISA reserves the right not to make an appointment in this position
  • We encourage energetic, dynamic and results-driven team players to forward their applications
How to Apply
1. Documentation
  • Cover Letter
  • Curriculum Vitae
  • Certified Copies of Qualifications
  • Certified Copies of Identification Documents
2. Application
  • Send your Documentation to Human Resources at hr@namfisa.com.na with the Subject line “Financial Analyst: Legal & Licensing Services”
  • Indicate the source of this job post: working.co.na
This vacancy is no longer accepting applications

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