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JOB OPPORTUNITIES

Applications are invited from suitably qualified Lesotho nationals to fill the following two positions in the Department of Financial Markets at the Central Bank of Lesotho:-

1.         SENIOR ANALYST

Reporting directly to Head – Investments and Market Operations Division, the incumbent will perform the following duties:

-                      Track and monitor investment indices.

-                      Monitor the performance of external managers.

-                      Recommend the best investment strategy in order to achieve the Bank’s objectives.

-                      Assess portfolio risk and make recommendations to the Front Office and the Investment Technical Committee about risk management strategies.

-                      Review global financial markets and prepare analysis of relevant financial indicators.

-                      Carry out ad-hoc research on special projects or selected topics.

-                      Prepare annual plan and work programme for the section.

-                      Prepare Budget for the section.

-                      Supervise staff in the section, carry out performance appraisal for Analyst in order to coach accordingly, and/or recommend remedial as well as appropriate recognition of individual performance

Qualification

At least a 2(1) pass in BA (Economics) with honours in financial markets. Candidates who possess Chartered Financial Analyst (CFA) or Masters in Economics or Financial Markets will have an added advantage

Three (3) years relevant working experience is a requirement.   

Other Requirements & Personal Attributes

-                      Knowledge and  use of Microsoft Office, specifically Excel

-                      Good communication and analytical skills are necessary

-                      Good interpersonal skills and the ability to work under pressure.

-                      Preparedness to work beyond normal hours and weekends.

 2.         VERIFICATIONS OFFICER

Reporting directly to Section Head – Risk Assessment and Verifications Section, the incumbent will perform the following duties:

-                      Reconcile all the Bank’s foreign and domestic securities accounts on

1)       a daily basis from the MT950’s (statements from foreign banks) and faxed statements

2)       bi-monthly basis for ABSA cheque account

3)       monthly basis for all other accounts

-                      Ensure that MIDAS accounting entries are correctly prepared and posted into the General ledger.

-                      Attend to queries arising out of the posting of entries into accounts with counterparties or unidentified debits/credits in the accounts held with counterparties.

-                      Obtain Certificates of year-end balances from counterparties.

-                      File all Sectional documents

Qualifications

B. Comm. Degree, General Accountancy or equivalent qualification.

Other Requirements & Personal Attributes

-                      Knowledge and use of Microsoft Office, specifically Excel.

-                      Good communication skills and concern for order.

-                      Good interpersonal skills and the ability to work under pressure.

Closing Date: Friday 22 May 2009

Please Note: Only shortlisted candidates will be contacted or responded to.

Letters of application, comprehensive Curriculum Vitae, certified copies of certificates and transcripts, and letters from two referees must be sent or delivered to:

Section Head, Recruitment and Training

Central Bank of Lesotho

Cnr. Moshoeshoe & Airport Roads

P.O. Box 1184

Maseru 100

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