1. Manager , Financial Sector Policy and Quality Assurance
Description
Job Summary
Responsible for overseeing the Division activities, coordinating and conducting financial sector policy research and assessments as well as quality assurance review process.
Key duties and responsibilities
- Lead researches in new trends in financial sector regulation and supervision and advice on policy actions
- Review the work of the international standard setting bodies under the auspices of the Financial Stability Board with a view to identifying the implications to the domestic financial system;
- Review regional policies relating to financial stability in order to identify their implications to stability of the Rwanda financial system;
- Lead the self-assessment of the international standards ( BCPs, ICPs, IAIDs, IOPS, PFMIs, KAs, FAFT and others) and advise on policy change ;
- Coordinate all assessments of International Organizations(IMF,WB, ESAAMLG);
- Play the liaison role with prudential and conduct supervision, Financial Sector Developments in NBR as well as MINECOFIN related activities ;
- Monitor the implementation of policy actions from different assessments;
- Lead the market satisfaction surveys and regulatory digests on financial sector policies, legal and regulatory framework;
- Coordinate technical discussions series (TDS) both internal and external on new policies developed by International organizations;
- Advise supervision tasks according to international standards;
- Lead the quality assurance review process by:
- Developing the quality assurance procedure manuals;
- Reviewing the FSD activities to ensure they are in line with International standards, internal procedures and frameworks ;
- Coordinate the activities of the Division
Qualifications, Experience and Skills
Education and Experience Requirements;
- A Master’s degree in Economics, Policy research , Finance, Accounting, Audit or a related field
- At least five (5) years’ experience in a similar role in the financial services sector, audit firms or other research institutes;
- ACCA, CPA or Actuarial professional qualification or other related professional qualifications from reputable institutions is an added advantage
Skills and competencies required
- Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
- Excellent written, research, verbal communication and interpersonal skills
- Strong problem solving skills with an emphasis on model product development and analysis.
- Knowledge of the big picture (Rwanda’s financial sector development & programs) as well as international standards pertaining to financial sector;
- Strong knowledge of international, regional and local financial sector regulatory standards
- Experience in working with a wide range of stakeholders and teams.
- Able to work independently and under pressure or ad-hoc assignments.
- Exposure to policy design and review for the financial sector; and
- Experience in leading large teams
Click here to read more & Apply
2. Analyst, Legal and Regulatory
Description
Job summary
The Legal and Regulatory Analyst is responsible for conducting legal review, drafting laws and regulation for supervised institutions and providing legal opinion on issues related to financial sector to ensure the financial sector has an enabling legal and regulatory framework.
Key duties and Responsibilities
- Conduct legal and Regulatory research on issues related to financial sector stability and market conduct
- Initiate financial sector laws, regulations and directives for supervised institutions;
- Identify gaps in existing laws, regulation and directives;
- Propose changes in existing financial sector laws and regulations to cater for the modern financial stability, prudential and market conduct supervision,
- Translate and/or review the translations of laws and regulations;
- Draft explanatory notes of laws, regulations and directives
- Provide legal opinions in different activities of supervision departments such as in licensing, mergers and acquisitions and different approvals;
- Initiate innovative laws and regulations for the sound and stable financial sector especially for financial institutions supervised and regulated by the Central Bank;
- Participate in national and international forums in charge of developing financial stability and financial sector policies, laws and regulations;
- Prepare technical discussion series on laws and regulations( internal and external)
- Prepare meetings of fraud forums for financial institutions;
- Prepare the regulatory digest materials;
- Initiate MoUs with different partners as well as other supervisory authorities
- Analyze applications for accreditation for external auditors;
- Compile laws, regulations and Directives in compendiums;
- Monitor the implementation and compliance of laws, regulations, directives and different decisions of Central Bank by supervised institutions and ensure the enforcement of sanctions and corrective measures;
- Collaborate with Supervision Departments during onsite and off-site inspections and participate in giving recommendations pertaining legal and regulatory findings obtained during such inspections;
- Participate in the self-assessments to ensure existing legal and regulatory framework are in compliance with the international standards such as BCPs, ICPs, FATF, IOPS, IADI principles;
- Liaise with Legal Counsel in all legal matters concerning the financial stability;
- Participate different assessment to be undertaken as such FSAP
Qualifications, Experience and Skills
Education and Experience Requirements
- A bachelor degree in Law or legislative drafting as well as DLP
- At least three (3) years’ experience in the legal drafting or legal affairs
- ACCA, CPA or Actuarial professional qualification or other related professional qualification from reputable institutions is an advantage
Skills and competencies required
- Experience in working with a wide range of stakeholders and teams;
- Excellent written and effective communication and interpersonal skills;
- Personal drive and effectiveness;
- Ability to constantly deliver quality and value;
- Ability to work well under pressure and to meet deadlines ;
- Demonstrated high level of motivation, confidence, and integrity
Click here to read more & Apply
