Financial Analyst Conduct and Compliance

Description

• Assist in the implementation of the Acts under NAMFISA’s jurisdiction in order to ensure regulated financial institutions are financially sound by monitoring the financial performance and ensure they are operationally sound by monitoring their Governance Risk and Compliance practices
• The job further ensures timely and accurate collection of data from institutions regulated under the relevant Acts to ensure effective functioning of these institutions as well as to evaluate and review adherence of industry to current legislation, regulations, procedures and policies
• DEPARTMENT: CONDUCT AND COMPLIANCE
• DIVISION: CONDUCT AND COMPLIANCE
• THE POSITION REPORTS TO SENIOR FINANCIAL ANAYLST

Duties

• Risk assessment Inspections - On-site visits Inspections Off-site supervision (Analysis of returns, Annual Financial Statements (AFS and Compliance Reports)
• Data management (Statistical update, data capturing, general administration, financial returns, financial information)
• Compliance Enforcement (penalties, fines, assess compliance)
• Stakeholder engagement
• Regulatory and supervisory framework Maintenance a) Research
• Amendments of regulatory instruments (Acts, regulations etc.)
• Categorization of entities in terms of Supervisory Ladder of Intervention on Quarterly basis
• Innovation
• Personal Development

Requisites

• Qualifications & Experience:
• B degree in Accounting / Economics/ Finance / Risk Management
• Relevant certifications (i.e.. CFA, CFI, CAIA) will be an added advantage
• 3 years’ experience in the Financial Industry
• Experience in Financial Analysis / Risk and Management / Internal Audit will be an added advantage
• Knowledge of:
• Knowledge of NAMFISA’s mission, objectives, functions, processes, and systems
• Knowledge of relevant legislation
• Up to date with the industry trends and legislative environment
• Understanding and interpretation of laws
• Industry business knowledge and understanding
• Risk assessment knowledge and understanding
• Accounting and auditing practices and principles
• Economic environment
• Analytical tools and methods
• Financial Reports Analysis and Interpretation
• Skills:
• Governance, risk management, compliance, and information/knowledge management
• Quality assurance
• Continuous improvement
• Stakeholder engagement
• Research
• Financial analysis

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 “Regulatory Analyst Conduct and Compliance”
• Indicate the source of this job post: working.co.na