NAMFISA is recruiting a Financial Analyst, to be based in Windhoek, Namibia.
Description
The purpose of this job is to assist in the implementation of the Acts under NAMFISA’s jurisdiction in order to ensure financial institutions are financially sound by monitoring the financial performance of regulated institutions
The job further ensures timely and accurate collection of data from institutions regulated under the relevant Acts to ensure effective functioning of these institutions as well as to evaluate and review adherence of industry to current legislation, regulations, procedures and policies
Duties
Conduct risk assessments as part of the on-site and off-site inspections
Data management (statistical update, data capturing, general administration, financial returns, financial information)
Assess documentation for recommendation to the Senior Financial Analyst
Prepare consolidated statistical reports on the performance of regulated institutions
Enforce compliance by verifying and monitoring whether the business is being conducted in accordance with the relevant legislation
Stakeholder engagement including assisting to coordinate and facilitate industry forum liaison, preparation of agenda, presentation of the allocated agenda points and drafting minutes of meetings where applicable
Participate in Consumer Education interventions
Maintain the regulatory and supervisory framework by researching on international best practice principles and making recommendations on the course of action
Innovation
Categorization of entities in terms of Supervisory Ladder of Intervention on Quarterly basis
Qualifications and Experience:
Bachelor’s degree in Accounting/Economics/Finance
Two (2) years’ experience in financial analysis
Knowledge of:
Knowledge of NAMFISA’s mission, objectives, functions, processes, and systems
Knowledge of relevant legislation
Up to date with the industry trends and legislative environment
Understanding and interpretation of laws
Industry business knowledge and understanding
Risk management knowledge and understanding
Accounting and auditing practices and principles
Economic environment
Analytical tools and methods
Financial Report Analysis and Interpretation
Skills:
Governance, risk management, compliance, and information/knowledge management
Quality assurance
Continuous improvement
Stakeholder engagement
Research
Financial analysis
Financial market analysis
Legislative, regulatory and supervisory fluency
Entity oversight
Supervision of regulated entities
Risk identification
Risk assessment planning and execution
Risk mitigation
Report writing
Data analysis and management
Compliance enforcement
Fluency in corporate governance requirements
Assessments and inspections
Fluency in international standards
Fluency in statutory returns
Digital fluency
Business writing
Records management
More Information
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Job Application Details
APPLICATION DETAILS
Send your Documentation to Human Resources Manager at [email protected] with the Subject line “Financial Analyst” Indicate the source of this job post: working.co.na
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