Principal Payment Systems Analyst – Policy and Approvals – Bank of Namibia

Principal Payment Systems Analyst – Policy and Approvals – Bank of Namibia

Job Position: Principal Payment Systems Analyst – Policy and Approvals

Company: Bank of Namibia

Duties and Responsibilities:

The principal accountabilities for this position are to:

• Propose new developments to the payment systems legal framework based on thorough research and impact assessments for the bank and board.
• Research and make policy recommendations to the bank and board regarding standards on fees and charges for payment services.
• Provide technical advice on the application and interpretation of the provisions of payment systems legislation to internal and external stakeholders.
• Assess payment instrument issuer license applications and recommend the appropriate course of action to the bank for addressing incidences of non-compliance with payment systems legislation by applying the stipulated remedial measures as and when such incidents occur.
• Act as a catalyst to facilitate the reform of payment systems in Namibia through participation at various stakeholder meetings, forums and committees.
• Develop and manage the implementation of a payment systems simulation and stress testing framework, in line with best practice for bank.

Knowledge and Experience:

• Minimum Honour’s Degree or Equivalent qualification in banking / legal / economics.
• Payment Systems Training or equivalent and attendance of a Manager’s Development Programme or equivalent will be an added advantage.
• 3 years experience in a financial regulatory environment of which 2 years must be at a supervisory level.
• A thorough understanding of the Bank of Namibia regulatory environment (Payment System Management Act, Banking Institutions Act, Bank of Namibia Act, Exchange Control Act, State Finance Act, Financial Intelligence Act).
• An understanding of the National Payment System (Clearing, Payment and Settlement Systems) and International Standards i.e. Financial Markets Infrastructure and Oversight Principles.
• Advanced analytical and policy development skills would be an added advantage.
• Ability to pay attention to detail, good time management and a strong quality output orientation.
• Strong research and written communication skills.
• Computer, excellent report writing and outstanding analytical skills.
• Excellent communication and presentation skills.
• Ability to work under pressure and within high performance-driven environment.

If this challenge appeals to you, please apply in writing and send your detailed CV and certified copies of your qualifications and identity documents to:

Deputy Director: Human Resources,

Bank of Namibia P.O.Box 2882,

Windhoek,

Tel: 061-283 5111

Or

Email:  hrrecruitment@bon.com.na

Closing Date: Thursday 12 May 2016

Only shortlisted candidates will be contacted and no documents will be returned to applicants. If you do not receive a response from us by Monday, 13 June 2016, consider your application to be unsuccessful.