Head – Non-Banks Supervision Division at Central Bank of Lesotho – Apply by 24 May 2025

Head – Non-Banks Supervision Division at Central Bank of Lesotho – Apply by 24 May 2025

Job Opportunity: Head – Non-Banks Supervision Division at Central Bank of Lesotho – 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 division’s 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 Master’s degree in Economics, Accounting, Finance, or a related field.

-A minimum of seven (7) years’ experience in a financial sector regulatory environment, with at least three (3) years at a managerial level.


APPLICATION PROCESS


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