NBFIRA Vacancies Advert- Senior Analyst - Insurance & Assistant Compliance Officer

                                                            VACANCIES

Senior Analyst – Insurance

Reports to: Manager Insurance

Main Purpose of the job

To ensure effective supervision and regulation of the insurance industry by overseeing the licensing and supervision (both offsite and onsite) of the industry as well as ensuring compliance thereof.

Key performance Areas

·         Reviews and recommends amendments to the insurance legislative and regulatory frame work to ensure compliance with international standards and best practice;

·         Ensures that applications for licenses are assessed against set criteria in order to protect public interests;

·         Recommends appropriate action to be taken with regard to applications for licenses;

·         Develops and maintains an up to date database of industry members in order to facilitate ease of supervision;

·         Plans and implements an effective supervisory plan and coordinates offsite and onsite inspections/investigations in order to ensure compliance with regulatory and legislative requirements;

·         Ensures that customer complaints are handled according to set procedures; 

·         Develops and implements an annual plan for consumer education;

·         Drafts and submits periodic and adhoc reports to the Manager; 

·         Builds and maintains effective stakeholder relationships with all internal and external stakeholders.

Experience and Qualifications

• Master’s degree in Commerce, Economics, Accounting, Finance or related field
• Membership of an internationally recognized professional institute will be an added advantage

·         Minimum five years in financial services sector or regulatory body with responsibility for the analysis of financial information and interpretation of data to assess risk and compliance.

·         Excellent business acumen, team work, effective communication skills

Assistant Compliance Officer – Compliance

Reports to: Deputy Director Compliance

Main Purpose of the job

To implement and enforce adherence to NBFIRA Act, financial services laws and other applicable laws. Provide legal advice in order to protect investors and the integrity of the Authority.

Key performance Areas

• Updating the legal framework of the Regulator in line with its needs.
• Rendering sound legal advice to the Regulator on a timely basis.
• Drafting, interpreting and reviewing contracts.
• Providing enforcement services as may be required by the Regulator.
• Ensuring that the Regulator carries out its mandate in accordance with relevant legislation.

Experience and Qualifications

·         Bachelor  degree in Law or equivalent

·         Successful completion of Internship and /or Government Volunteer program.

·         Ability to communicate effectively both verbally and in written communication

Eligible and interested candidates should send their CV, certified copies of your qualification, ID and contact details of three referees to:

Email: recruitment@nbfira.org.bw  by post to,

Deputy Chief Executive Officer – Corporate Services

NBFIRA

Private Bag 00314

Gaborone

Telephone: (+267)3102595 / 3686100

Fax: (+267) 3102376

Closing date for applications is 29th July 2016. Only shortlisted applicants will be responded to.