CUSTODY OFFICER – FNB (First National Bank), part of FirstRand Group 22 views

A relevant tertiary qualification in finance, law, accounting, or business administration is usually required, often supplemented by professional certifications such as the CISI Diploma in Wealth and Investment Management or local Namibian Financial Sector Regulation (NFSR) compliance training. Prior experience in banking operations, legal documentation, or asset custody functions within Namibia’s regulated financial environment is highly valued.

Daily tasks include verifying and processing client instructions for securities transfers, reconciling custody accounts, ensuring compliance with Namibian Stock Exchange (NSX) rules and Bank of Namibia regulations, and liaising with legal and compliance teams on documentation. You’ll also manage safekeeping of physical and electronic assets, prepare statutory reports, and support audits aligned with local regulatory expectations.

Namibian banking workplaces emphasise strong interpersonal communication, cultural sensitivity across diverse client groups, and adherence to local labour laws such as the Labour Act, 2007. Employers expect punctuality, integrity in handling sensitive client assets, and proactive engagement with regulators like the Bank of Namibia — reflecting Namibia’s high-value, relationship-driven financial services environment.

With experience and continued professional development, Custody Officers may advance to Senior Custody Officer, Custody Operations Manager, or transition into related roles such as Compliance Officer or Legal Risk Analyst within Namibia’s financial sector. Internal mobility is supported through FirstRand Group’s structured learning pathways and alignment with Namibia’s National Qualifications Framework (NQF) standards.

Custody Officers typically receive 22–30 days annual leave per year under Namibian labour law, comprehensive medical aid covering dependants, and mandatory pension contributions via the Namibian Pension Funds Act. Additional benefits may include group life insurance, wellness programmes, and access to FirstRand’s regional employee assistance services.

Applications must be submitted via FNB Namibia’s official careers portal or LinkedIn, with a CV clearly highlighting Namibian regulatory knowledge, custody-related experience, and evidence of integrity checks (e.g., police clearance). Employers prioritise candidates with proven attention to detail, familiarity with local legal frameworks like the Companies Act and Securities Act, and demonstrable commitment to ethical conduct in asset management.