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The main purpose of this position is to provide leadership and strategic direction for the Oversight Division.
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Aligning strategy and operational policy to plans and targets, and communicating performance expectations.
Providing leadership to the Oversight Division and co-ordinating efficient and effective planning, resourcing, organising, governance, control and risk management, and operation.
Directing divisional human resources activities, including the approval of human resource plans and activities, hiring and developing staff, workforce planning and talent management, assigning resources to accomplish tasks, overseeing performance management systems, and determining and altering divisional structures.
Contributing to the guiding of the strategic development of the NPS, providing leadership to the industry and stakeholder relationship management.
Contributing to the preparation of departmental budgets for approval, and co-ordinating financial and budget activities to fund the operations of the NPSD and increase its efficiency.
Contributing to the development and administration of NPS legislation and regulations, and ensuring compliance with the legal and regulatory framework that spans financial market infrastructures, bank participants and non-bank stakeholders.
Identifying and managing payment system risks to prevent system failures and systemic risk.
Conducting relevant research to keep abreast of risk-reduction developments and best practices so as to ensure alignment with internationally accepted payment system practices, thus enabling a modern payment system and ensuring compliance with international standards.
Participating in and representing the Bank on domestic, regional and international payment system risk-reduction initiatives and forums.
Educating stakeholders and publishing information on NPS matters to ensure public awareness regarding payment system risks.
Acting as catalyst and facilitator, and liaising on payment system risk developments and issues.

Job requirements

To be considered for this position, candidates must have:

a graduate degree or diploma in Economics, Financial Management, Accounting or Law; and
a minimum of 12 years’ experience in the banking, financial or payment system environment with at least 5 years in a managerial role.
Exposure or experience in a regulatory environment will be an added advantage.