Fintech Specialist Division: Research, Policy & Statistics (m/f)

Description

• The purpose of this job is to utilize Fintech, Reg-tech and Sup-tech to deliver value to the institution. This includes providing statistical analysis, forecasting, predictive modelling, simulation, machine learning and optimization to discover trends, opportunities and threats. In addition, the position must provide latest developments in data science technology and methodologies

Duties

• Coordinate the Regulatory Sandbox by:
• Guiding applicants on procedures when submitting vapplications into the regulatory sandbox
• Reviewing Fintech applications, in conjunction with the Licensing & Registration Department, based on the sandbox regulatory framework and guidance note
• Preparing Fintech applications assessments reports, recommendations and approval/rejection letters
• Monitoring the admitted entities into the sandbox by evaluating if any complaints have been adequately addressed according to the TCF principles
• Recommending relevant entities for consideration when exiting from Sandbox
• Coordinating technical committee on Fintech
• Organize and host Fintech Day and utilize information provided to develop a comprehensive Fintech strategy for NAMFISA
• Participate in industry meetings and prepare presentations if applicable
• Conduct workshops with potential entities on steps to follow when submitting the application, and testing period requirements
• Draft Public Notices on regulatory sandbox testing requirements
• Research and recommend latest technology that can improve supervisory processes within NAMFISA
• Conduct and coordinate research on:
• International best practice principles on Fintech (IOPS, IAIS, OECD, etc.)
• Challenges/issues faced due to Fintech and make recommendations for policy review
• Assist with drafting of internal divisional policies and procedures

Requisites

• B-degree in Actuarial Studies/Statistics /Mathematics/ Economics/Finance
• One – three (1-3) years’ experience in analysis (i.e. actuarial, administration, compliance management, statistical and market conduct analysis)
• Knowledge of:
• NAMFISA’s mission, vision, objectives, functions, processes and systems
• Macro-economic environment and understanding of fintech in the financial sector
• Up to date with Fintech industry trends and legislative environment globally and nationally, Understanding of Reg-tech and Sup-tech, Understanding and interpretation of relevant laws (FIMA, 2021)
• Risk assessment knowledge and understanding
• Analytical tools and methods
• Financial reports analysis and interpretation
• Knowledge of the principles of treating customers fairly
• Skills:
• Manage delivery
• People management
• Quality assurance
• Continuous improvement
• Project management
• Stakeholder management
• Research
• Financial analysis
• Legislative, regulatory, and supervisory fluency
• Policy development
• Entity oversight
• Supervision of regulated (natural and legal) persons
• Risk assessment and mitigation
• Report and Business writing
• Compliance enforcement
• Digital fluency
• Records management

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• NAMFISA offers a market-related total cost to company package based on work experience and qualifications. The package includes retirement and medical aid benefits

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to hr@namfisa.com.na with the Subject line “Fintech Specialist Division: Research, Policy & Statistics”