Inspector/Analyst at Securities and Exchange Commission

The SECURITIES AND EXCHANGE COMMISSION (hereinafter referred to as “the Commission”) is a statutory body established under the Securities Act, Cap. 354 of the Laws of Zambia (repealed) and whose existence is continued under the Securities Act, No. 41 of 201 6 (hereinafter referred to as “the Securities Act”). The Commission has a statutory mandate to protect investors in the capital markets.

The Commission seeks to employ one (01) qualified person for a short-term contract (with a possibility for extension) as inspector/analyst to enable the Commission achieve its objectives both in terms of its overall mandate as well as its strategic objectives.

A. JOB TITLE: INSPECTOR/ANALYST

Job Purpose;

Undertaking various supervisory duties, including processing of licence applications, surveillance as well as conducting onsite and offsite inspections of Capital Markets players with a view of maintaining a fair, efficient and transparent market.

Reporting;

The position is in the Directorate of Market Supervision and Development. The Job holder will report to the Manager- Market Supervision.

Key Duties and Responsibilities;

• Plan and Conduct annual Scheduled and adhoc inspections (onsite and offsite) of capital market players and prepare reports thereof.
• Plan and conduct investigations based on the information gathered from inspections, complaints, market surveillance/analysis, press releases and other information sources and prepare reports to help with efficient and effective complaints resolution.
• Continuous Monitoring of Market Players:
  • Analyse Information submitted by the market players in form of returns, financial statements, auditors ‘ reports, etc;
  • Following up on implementation of inspection recommendations and/or outstanding regulatory matters; and
  • Prepare analytic reports to help the commission undertake supervisory action if necessary.



• Assist with licensing of capital market players by receiving and reviewing license applications for completeness, ensure background checks are done, ensure dispatch of licenses is done and following up on conditional licenses.


• Prepare draft letters/reports and make recommendations to management based on the information gathered through inspections and prepare reports on investigations, exceptions and other reports for management.


• Assist with duties as may be assigned by management and provide any other information requested for by management on a timely basis.

Required Competencies/Personal qualities;

The following Competencies are a must:

• Audit and investigative skills


• Ability to analyse financial statements;


• Knowledge of financial markets;


• Strong analytical skills and eye for detail;


• Excellent team work capabilities;


• Excellent organisational and communication skills;


• Willing to travel;


• Formal presentation skills

Qualifications – Minimum Academic/Professional Qualifications:

• Bachelor’s degree in Accountancy, Business Studies, Economics, Management, IT , Statistics or equivalent from a relevant field.


• ACCA/CIMA/ZICA or other relevant professional qualification is an added advantage.

Experience;

• At least 3 years’ experience as an auditor in the financial services industry.


• Experience in capital markets or financial markets would be an added advantage.

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