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NAMFISA is recruiting a Policy Analyst to be based in Windhoek, Namibia.
Description
The purpose of the job is to assist the Policy Advisor in the planning, development, formulation and implementation of Namibia’s nonbanking sector regulatory policy framework
PATTERSON JOB GRADE: D2
DIVISION: RESEARCH, POLICY & STATISTICS
THE POSITION REPORTS TO THE POLICY ADVISOR
Duties
• Collect, collate and analyse data and research information to monitor and assess emerging trends in the financial sector that NAMFISA regulates and supervise
Assist with the assessment of laws for weaknesses or gaps
Assist and participate in the review and drafting of prudential standards and regulations under the proposed legislation
Provide background research on policy issues and regulatory gaps or weaknesses identified by the Policy Advisor
Regularly, contribute to the preparation of the statutory publications
Compilation of financial soundness indicators for the Insurance Institutions
Participate in the preparation of position papers on regulatory and supervisory policy issues
Conduct research on relevant topics and assist in the preparation of position papers on regulatory and supervisory policy issues
Contribute to and participate in the design and implementation of an effective macro-prudential surveillance framework across the financial sector, with focus on Insurance Industry
Personal Development
Requisites
A Bachelor’s degree in a relevant subject (Economics, Law, Finance, Public Policy) AND a minimum of 5 years’ experience within the non-banking financial sector
Significant exposure to at least one or more of the following industries: Long term or Short-Term Insurance
Significant exposure to the legislation governing the nonbanking financial sector in Namibia
Proven record of research in the non-banking financial sector in Namibia and regionally
Knowledge of:
NAMFISA’s mission, objectives, functions, processes and systems
Knowledge of relevant legislation
Industry business knowledge and understanding
Up to date with industry trends and legislative environment
Understanding and interpretation of laws
Risk assessment knowledge and understanding
Economic environment
Analytical tools and methods
Skills:
Governance, risk management, compliance and information/knowledge management
Quality assurance
Continuous improvement
Stakeholder engagement
Research
Macro-prudential analysis
Micro-prudential and market conduct analysis
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
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 “Policy Analyst"