General Manager: Capital Markets

Description

• The position reports to the deputy ceo: prudential supervision
• Division: capital markets
• The purpose of the job is to strategically plan, organize, and control the NAMFISA Capital Markets Division, and to lead the team of professional staff undertaking the supervision and regulation of all capital markets institutions

Duties

• Regulation and Supervision of Financial Markets and Investment Institutions
• Provision of supervision and strategic direction to the self regulatory organizations (SRO) and others
• Provision of strategic direction to the division by developing and implementing divisional business plan in line with formulated corporate strategic objectives
• Manage staff in line with NAMFISA policies and procedures
• Liaise with and render advice to all stakeholders regarding corrective measures or other action to be taken
• Represent the Authority at various levels, including committees, seminars and other industry meetings, both locally and internationally
• Manage relationships with management and subordinates
• Build and maintain relations with relevant stakeholders such as Bank of Namibia, Ministry of Finance, other regulators and law enforcement agencies

Requisites

• Qualifications and Experience:
• Master’s Degree in Finance, Law, Economics, Investment/Portfolio Management or related field
• Ten (10) years’ relevant experience, with 5 years in middle management
• OR
• Honours Degree in Economics, Commerce, Investment/ Portfolio Management; and
• Twelve (12) years’ relevant experience, with five (5) years in middle management
• OR
• LLB Degree (or equivalent) and admission to practice as a legal practitioner; AND
• Twelve (12) years’ related experience, with five (5) years in middle management
• OR
• CFA Certification of a Chartered Accountant (CA) designation; and
• Twelve (12) years’ relevant experience, with five (5) years in middle management
• MBA will be an added advantage
• Knowledge of:
• Relevant policies, procedures, Acts, regulations and standards
• Board and CEO directives
• Service level agreements and contracts
• Budgets
• Anti-money Laundering & Terrorist Financing regulations
• International best practice
• Corporate governance
• Financial services industry
• Laws of Namibia
• Economic environment
• Up to date with financial market trends and legislative environment
• Sound knowledge of Corporate Governance
• Astute judge of people, practice and situations to identify actual and potential problems in supervised institutions
• Risk management
• Skills:
• Strategic direction
• Business planning
• Manage delivery
• People management
• Governance, risk management, compliance, and information/knowledge management
• Financial management
• Quality assurance
• Project management
• Stakeholder engagement and management
• Research
• Financial market analysis
• Legislative, regulatory, and supervisory fluency
• Policy development
• Supervision of regulated entities
• Risk assessment planning and execution
• Risk mitigation
• Data analysis and management
• Compliance enforcement
• Fluency in corporate governance requirements
• Fluency in Companies Law
• Fluency in international standard
• Fluency in statutory return.
• Records management

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
• Persons with disabilities may apply via the above channels, or via the National Disability Council of Namibia 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 “General Manager: Capital Markets”
• Indicate the source of this job post: working.co.na