Job Opportunity: Head β Non-Banks Supervision Division at Central Bank of Lesotho β Apply by 24 May 2025
Location: Central Bank of Lesotho
Closing Date: Friday, 24 May 2025
Reference: HNBS
Contract Type: Five-Year Fixed-Term Contract
Employment Type: Full-time
Overview:
The Central Bank of Lesotho invites suitably qualified and experienced professionals to apply for the position of Head: Non-Banks Supervision Division. This strategic leadership role is responsible for overseeing the regulation and supervision of the credit market and Non-Bank Financial Institutions (NBFIs) sector, ensuring a stable and solvent financial environment that serves the public effectively. The incumbent will also be instrumental in leading the development and enhancement of a robust national credit infrastructure.
Key Responsibilities:
Administrative Functions:
-Implement strategic and operational objectives for the Non-Banks Division.
-Enforce compliance with established operational policies and procedures.
-Lead the divisionβs Business Continuity Management (BCM) recovery planning.
-Monitor operational risks and advise on control mechanisms to reduce fraud and losses.
-Provide required input for internal and external audits.
-Oversee the effective use of administrative systems and IT tools.
-Drive business process reengineering for improved service delivery.
-Represent the Bank in external forums related to the Non-Banks Division.
Technical Functions:
-Develop and enhance regulatory and supervisory frameworks for NBFIs.
-Monitor compliance and enforce relevant laws within the sector.
-Participate in national financial inclusion and policy development initiatives.
-Lead on-site inspections and off-site surveillance of NBFIs.
-Oversee the licensing and registration of NBFIs.
-Lead stakeholder engagement and outreach programs.
-Manage the development and maintenance of credit infrastructure.
-Implement and oversee special projects aimed at sector improvement.
Behavioural Competencies:
-Strategic leadership and decision-making
-Policy formulation and execution
-Planning and performance delivery
-Effective communication and presentation
-Strong analytical thinking
-Application of technology and regulatory expertise
-Customer and stakeholder engagement
Qualifications and Experience:
-A Masterβs degree in Economics, Accounting, Finance, or a related field.
-A minimum of seven (7) yearsβ experience in a financial sector regulatory environment, with at least three (3) years at a managerial level.