Available Positions

Vacancy - Payroll Services and Solutions Officer

Financial Services Authority

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Payroll Services and Solutions Officer

Human Resource Management and Development Section

Job Purpose:

Responsible for providing relevant support to the payroll services solutions unit to ensure a timely and efficient service in compliance with relevant laws.

Summary of Duties:

  • Collecting, calculating and entering data in order to maintain and update payroll information from approved memos, overt time sheets, deductions, in line with approved internal and national policies, guidelines, Act’s, Circulars and Statutory Instruments
  • Submitting the approved summary report to Finance Section for payment of salaries to respective staff bank accounts
  • Liaising with and assisting the Business Partners pertaining to payroll and staff benefit enquires
  • Compiling and submitting monthly statistics and report to National Bureau of Statistics and Seychelles Revenue Commission
  • Evaluating staff loans applications and salary advances requests received in accordance with the Authority’s Staff Loan and Salary Advance Policy

Minimum Entry Requirements:

  • Association of Accounting Technicians Intermediate level with four years’ in-depth knowledge and experience of payroll calculation and processing; or
  • Diploma in Business Studies with five years’ experience in payroll processing and knowledge of applicable local, rules and laws

Salary:

Commensurate with qualifications and experience.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Manager Human Resources

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email:recruitment@fsaseychelles.sc

Closing date of application:  26th December, 2024

Vacancy - Monitoring and Surveillance Analyst

Financial Services Authority

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Monitoring and Surveillance Analyst

AML/CFT Section

Job Purpose: Contribute towards the effective oversight by the AML/CFT Unit of reporting entities through the supervision of the application and enforcement of AML/CFT requirements overseen by the Authority; to provide quantitative and technical support for the risk-based analysis of monitoring and surveillance activities undertaken by reporting entities to detect and prevent ML and TF risks.

Summary of Duties:

  • Work in close collaboration with the AML/CFT Unit’s Manager and Director to ensure that data and information obtained from the supervision of surveillance and monitoring activities undertaken by reporting entities is accurate, relevant and analysed in a timely manner.
  • Support the AML/CFT Unit in the conducting of on-site inspections/ examinations of reporting entities in accordance with the relevant AML/ CFT legislation, regulations and policies relating to monitoring and surveillance activities undertaken by reporting entities to detect and prevent ML and TF risks, evaluating to review and assess both technical compliance with these requirements and the effectiveness of controls applied to detect and prevent ML and TF.
  • Support the preparation and undertaking of off-site thematic activities relating to the supervision of reporting entities with the relevant AML/ CFT legislation and Regulations, Code and Guidelines, to ensure that they are complying with these requirements and where necessary to recommend appropriate enforcement action.
  • Adhere with the approved service standards and internal systems and control of the AML/CFT Unit.
  • Assist the development of internal procedures to uphold and/or improve the quality of monitoring and surveillance activities employed by the AML/CFT Unit to the supervision of reporting entities with the relevant AML/ CFT legislation, Regulation, Codes and Guidelines.
  • Support the Unit in the receipt, review, and timely response to requests for regulatory assistance from foreign regulatory authorities for matters relating to the AML/CFT Unit, including monitoring of dates of receipt, collection and disclosure of requested data and monitoring to ensure the timely and complete response to such requests.
  • Record, manage and maintain data concerning requests for regulatory assistance from foreign regulatory authorities relating to matters concerning AML/CFT of reporting areas falling within the remit of the Unit.

Minimum Entry Requirements:

  • Undergraduate Degree in Law or Finance or Economics or Business Administration (and any related field); or
  • International Compliance Association – Certificate or Advance Certificate in AML; or
  • Minimum of two Years’ Experience in the private sector working with a monitoring function relating to financial activity, open-source intelligence and screening.
  • Proficient in Microsoft Office
  • Strong demonstrable ability to use Excel functionalities, including the use of macros, aggregation of data and use of formulas.
  • Knowledge of blockchain technology and attendance at one (1) industry related training or workshop on blockchain analysis.
  • Demonstrable knowledge about the requirements of Seychelles AML/CFT Act and AML/CFT Regulations pertaining to monitoring and surveillance activities.

Salary:

Commensurate with qualifications and experience.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Manager Human Resources

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email:recruitment@fsaseychelles.sc

Closing date of application:  10th December 2024

Vacancy - Supervision Officer

Financial Services Authority

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Supervision Officer

Capital Markets and Collective Investment Scheme Supervision Section

Job Purpose:

To perform authorization evaluations and carry out sectoral supervision in order to ensure the effective supervision of regulated persons and activities under the regulatory scope of the Section.

Summary of Duties:

  1. Engage in the processing and evaluation of applications and make coherent recommendations highlighting the potential risks and payoff for each recommendation in accordance with relevant legislation and within the service standards.
  2. Through either on-site inspection and/or off-site reviews, make recommendations on appropriate regulatory enforcement action(s) in events of regulatory breaches or risk mitigation strategies and ensure proper implementation.
  3. Coordinate and facilitate liaison with customers or their agents on matters related to their applications.
  4. Liaise with local or international bodies\authorities whenever necessary to complete application processing or on supervision, compliance and enforcement matters.
  5. Conduct market research to improve the regulatory standing of the industry and the jurisdiction.
  6. Supervise and monitor regulated persons and activities under the purview of the Capital Markets and Collective Investment Scheme Supervision Section.

Minimum Entry Requirements:

  • Undergraduate Degree in Finance or Economics or Accounting or Law or any other relevant field or suitable level of experience; or
  • Post Graduate Certificate/ Diploma in any of the above; or CISI, ICA Diploma, ACCA

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Manager Human Resources

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email:recruitment@fsaseychelles.sc

Closing date of application:  10th December 2024

Vacancy - Supervision Officer

Financial Services Authority

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Supervision Officer

Fiduciary Supervision Section

Job Purpose:

To ensure effective supervision and monitoring of the fiduciary sector through the implementation of a risk-based approach to supervision, inclusive of both offsite and onsite supervision, and to assist in the development of internal control systems and procedures.

Summary of Duties:

  1. Work in close collaboration with the Supervision Manager and Director for Fiduciary Supervision to supervise and ensure the effective and efficient operations of the Supervision Unit.
  2. Engage in the processing and evaluation of applications submitted with the Section including but not limited to licensing, renewal, fitness and propriety, changes and other authorisation applications in collaboration with relevant units.
  3. Through offsite and onsite supervisory work, identify potential areas of compliance threats and vulnerabilities and prioritize supervisory techniques and tools to best manage and mitigate such risks.
  4. Engage in the conduct of onsite inspections to monitor the activities of licensees and authorized persons to ensure adherence to approved regulatory standards.
  5. Gather, examine and compile data, periodic returns and any other relevant information relating to the offsite and onsite work to provide findings and recommendations to management.
  6. Assist the Section by providing relevant statistics, onsite inspection findings and recommendations for the risk assessment processes and supervision of the fiduciary sector.
  7. Prepare reports following offsite and onsite supervision work to provide appropriate recommendations to the Supervision Manager and Director for Fiduciary Supervision with regards to mitigating and enforcement actions against licensees and other ad-hoc reports as may be required for the Section.

Minimum Entry Requirements:

  • Degree in Business Administration, Law, Management, Finance, Economics or any other related field; or
  • Other Relevant Professional Qualifications Including;
  • International Compliance Association – International Diploma in Compliance; or
  • ICSA- Level 5 Diploma
  • Minimum of Three Years’ Experience in Related Field.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Manager Human Resources

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email:recruitment@fsaseychelles.sc

Closing date of application:  10th December 2024

Vacancy - Legal Officer

Financial Services Authority

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Legal Officer

Legal Section

Job Purpose: Provide legal opinions and inputs regarding the laws administered by the organization in order to ensure that organization’s policies and regulations are aligned to all legal and regulatory norms with no negative impact to the organization’s reputation and operations. 

Summary of Duties:

  • Provide legal opinions and inputs regarding the laws administered by the organization.
  • Liaise with the Attorney General’s Office and the organization’s lawyer to seek relevant legal opinion and interpretation.
  • Assist in the drafting and review of contracts, agreements, MOUs, and other legal documentations.
  • Assist in the drafting and review of new legislations, cabinet memorandums, codes, guidelines, etc.
  • Liaise with the organization’s lawyer in case of legal representation and attend court sessions where necessary.
  • Keep abreast with current legislations impacting the financial services industry.
  • Perform any other relevant duties assigned by management.

Minimum Entry Requirements:

  • Undergraduate Degree in Law

Salary:

Commensurate with qualifications and experience.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Manager Human Resources

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email:recruitment@fsaseychelles.sc

Closing date of application:  10th December 2024

Deputy Chief Executive Officer

(Three years fixed term contract)

This position reports to the Chief Executive Officer of the FSA.

Job Summary:

  • The Deputy CEO shall assist and support the CEO in the implementation of the decisions of the Board for the effective management of the FSA;
  • Act in the absence of the Chief Executive Officer;
  • Support the CEO in setting the overall strategic direction of the organisation;
  • Work collaboratively with the senior leadership team;
  • Monitor services and track progress to ensure delivery of set plans;
  • Provide recommendations to the CEO on significant policy decisions;
  • Develop and maintain effective systems of consultation with all stakeholders to achieve the strategic objectives.

Education and experience:

  • A first degree in Economics, Finance, Business, Business Administration, Accounting or a business-related field plus 5 years relevant working experience at senior management; OR
  • At least 8 years of experience at senior management level in financial services;
  • Understanding at a very senior level of supervision and compliance in the financial sector; 

Qualities:

  • Strong competencies working with financial performance data, including interpreting, summarising and communicating high-level output;
  • Excellent communication, listening and negotiation skills.
  • Strong and clear communication skills on matters of policy;
  • Thorough knowledge of modern management principles, practices and methods;

Salary: Commensurate with qualifications and experience.

Application:

Please forward your covering letter, completed application form, curriculum vitae, certificates and references to:

The Chairman of the FSA Board

Ministry of Finance, National Planning & Trade

Liberty House

P.O. Box 313

Victoria

Seychelles

Email: psf@finance.gov.sc

Application forms can be collected from the FSA Bois De Rose Office or can be downloaded from the FSA website: https://fsaseychelles.sc/media-corner/financial-services-authority-application-form

Closing date of application: 23rd August, 2024 by 4pm.

Location

Bois De Rose Avenue, P.O. Box 991

Victoria, Mahe, Seychelles

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