Manager: Licensing & Registration Division: Legal & Licensing Services (m/f)

Description

• The purpose of the job is to lead the licensing and registration team in order to achieve NAMFISA’s objectives of providing a prudentially sound financial system and protecting consumers

Duties

• Manage registration and de-registration processes in line with relevant legislation and procedures
• Manage applications (Name Changes, Name Reservations, Registration of Principal Officers, Auditors and Valuators, Special Rules, etc.) in line with relevant legislation and procedures
• Ensure Anti-Money Laundering Fit and Proper (AML FAP) authorizations are in line with relevant legislation, policies and procedures
• Provide appropriate guidance to accountable and reporting institutions regarding completion of AML Compliance programs for new applicants
• Assess/review the effectiveness of the regulatory and supervisory framework by researching on international best practice principles and drafting recommendations for policy review where necessary
• Manage stakeholder relations by o Providing technical and expert advice to supervised institutions and team members o Actively participating in industry consultations and meetings as required; and o Actively participating in Consumer Education interventions
• Manage the departmental budget and staff, and attend to other administrative duties in line with the Organizational and
• Departmental Strategic Objectives
• Manage the analysis of relevant periodic reports and summaries of statistical information concerning the industry
• Enforce compliance with relevant legislation, and ensure corrective action is instituted for non-compliant regulated entities

Requisites

• Honours Degree in Law / Business Administration / Finance / Economics; or
• Certified Theory in Accounting/Honours or equivalent and
• Chartered Accountant designation; or LLB (or equivalent) and admission to practise as a Legal Practitioner
• Eight (8) years’ experience within financial industry regulation, of which three (3) years should have been served in a supervisory capacity
• Significant experience in financial regulation and compliance OR
• Graduate:
• Degree in Economics / Accounting / Finance /Law / Business Administration or related field
• Ten (10) years’ relevant experience, of which 3 years should have been at a supervisory level
• Financial sector related work experience will be an added advantage
• Knowledge:
• NAMFISA’s mission, vision, objectives, functions, processes and systems
• Operations of financial services industry
• Regulatory trends and legislative environment
• Understanding and interpretation of laws
• Accounting and auditing practices and principles
• Financial Institutions Regulatory Requirements
• Financial reports analysis and interpretation
• Skills:
• Management skills
• Excellent verbal and written communication skills
• Regulatory and Supervisory skills
• Interpersonal skills
• Decision making and Problem solving skills
• Conflict handling and mediating skills
• Planning skills
• Complaint handling skills
• Researching skills
• Analytical skills

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.
• As per Affirmative Action (Employment) Act, Act 29 of 1998, Namibian Citizens from disadvantaged groups and persons 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. Only short-listed candidates will be contacted and no documents will be returned
• No faxed applications will be accepted
• NAMFISA reserves the right not to make an appointment in this position

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to hr@namfisa.com.na with the Subject line “Manager: Licensing & Registration Division: Legal & Licensing Services”