Applications are invited from suitably qualified Lesotho Nationals to fill the position of Head, Non-Banks Supervision Division of the Supervision Department at the Central Bank of Lesotho.

OBJECTIVES:

To promote the innovations and development of the Non-Banks Financial Institutions on the basis of strengthened supervisory oversight and risk-prevention.

Responsibilities:

Reporting directly to the Director of Supervision, the incumbent will perform the following duties and responsibilities:

·        To prepare long-term plans for the division in line with the overall objectives of the Supervision Department.

·         To participate in formulating regulatory framework and issuing directives to the NBFIs.

·        To ensure that the Division undertakes on-site inspection and follow-up as well as off-site surveillance and scrutiny of various returns.

·        To review and present both On-Site and Off-Site reports together with recommendations to management.

·         To attend to complaints relating to NBFI sector and initiate deterrent against the errant operators.

·         To prepare, monitor and control the division budget to ensure that expenditure is in line with the divisional plans and programs.

·         Prepare performance appraisal reports for Section Heads and review performance appraisals made by Section Heads in order to recommend appropriate recognition of individual performance.

·         To liaise with regional supervisors of the Non-Banks Financial Institutions in order to harmonize supervision of the non-bank financial institutions in the region.

Qualifications and experience:

Required qualifications are MBA/CA/CIA/CIMA, plus seven (7) years relevant experience, three (3) of which should be at senior managerial level.

Letters of application, certified copies of certificates, academic transcripts, detailed curriculum vitae and two letters of reference (to whom it may concern references will not be considered) must be sent or hand delivered to:

Senior Manager, Recruitment and Training

Central Bank of Lesotho

Cnr Airport and Moshoeshoe Roads

P.O. Box 1184

MASERU 100

Closing date: Friday 25^th July 2008

Only shortlisted candidates will be contacted