Policy, Research and Statistics Section

 Purpose of the Job: The Statistician will play a critical role in collecting, analyzing, and interpreting data to support the regulatory objectives of the Authority. This position is responsible for producing statistical reports, developing models and providing insights that inform policy decisions and data-driven plans and targets.

 Summary of Duties:

• Collecting internal data from various departments.
• Collect, process and analyze data from licensees and different sections of the Authority.
• Design and maintain statistical databases, models for forecasting and trend analysis.
• Develop statistical reports and dashboards regarding sector monitoring for the Authority’s Board in conjunction with other sections of the FSA.
• Support the development of key performance indicators (KPIs) of the Authority’s strategic plan and risk indicators for enterprise risk management framework.
• Ensure the integrity, accuracy, and consistency of datasets through robust data governance practices.
• Applying various calculations and formulas to analyze and interpret the data.
• Interpreting the results to find trends and information that’s useful for corporate decision-making.
• Presenting the data and statistical findings to the organization’s executive team.
• Contribute to publications of survey reports and statistical bulletins.
• Coordinate and collate data as requested by other regulatory bodies or international organisations.
• Assist in the design of surveys and the development of data collection methodologies.

Minimum Entry Requirement:

• Undergraduate Degree in Statistics, Mathematics, Data Analysis Economics, Finance, Commerce, or any other relevant field.
• Minimum two years of relevant working experience.

 Salary:

• Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Risk Management, Monitoring & Evaluation Section

Purpose of the Job: Responsible for supporting risk management activities within the FSA, including assisting to integrate risk concepts into planning processes, aiding with identifying potential risks, and contributing to efforts to mitigate those risks.

 Summary of Duties:

• Contribute to the establishment of a credible risk management process.
• Contribute effectively to the management of financial and non-financial risks across the FSA.
• Monitor and evaluate the FSA’s performance in the application of risk in its decision-making process and propose continuous improvements.
• Contribute to the strategic planning process, including the review and evaluation of the FSA’s Strategic Plan.
• Identify potential regulatory and non-regulatory risk through thorough and ongoing risk assessments with relevant business leads, develop and implement robust mitigation plans to minimize any adverse impact to the FSA.
• Assist in the assessment of risks to financial stability In non-bank financial services.
• Develop and maintain the risk register.
• Contribute effectively to the embedding of risks within the FSA by actively participating in targeted organisation-wide training and awareness sessions on an on-going basis;

Minimum Entry Requirements:

• Degree in economics, business administration, finance or risk management.
• Professional certifications (e.g., IRMCert).
• Experience in the use of risk quantitative techniques and experience in the analysis of business metrics and the formulation of Key Risk and Performance Indicators is a plus.

 Salary:

• Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Insurance, Gambling and Pension Supervision Section

 Purpose of the Job: Responsible for overseeing the risk-based and financial aspect of the insurance, gambling and pension licensees to ensure the prudent regulation and supervision and development of the insurance and gambling industry, and the pension sector.

Summary of Duties:

• Effectively draft and implement quantitative reporting tools for the licensees under purview in line with Internationally accepted standards.
• Devise and implement guidelines for financial risk safeguarding for licensees under purview in line with Internationally accepted standards.
• Effectively draft and recommend financial supervision frameworks of licensees under purview
• Conduct off-site financial risk monitoring and supervision of regulated entities.
• Collection and review of the audited financial statements and actuarial reports of insurance entities respectively to assess their financial solvency and make recommendations to resolve any issues.
• Review Financial and Monthly Regulatory Report (MRR) for Gambling Licensees.
• Complete licensee risk profile ratios calculations as part of Early warning Tests assessments and assist the Business Analyst/Supervision Officers with the findings for further recommended actions for the licensee.
• Review and update current Early Warning Tests ratios to effectively capture Authorization and Supervision aspects in line with Internationally accepted standards.
• Analyzing current and past financial data and performance and prepare reports and projections based on these analyses.
• Examine the feasibility of investment proposals for licenses and prepare a plan of action based on financial analysis
• Maintain databases by entering, verifying, and compiling statistics internally and for other local and/or international bodies such as FSC, CISNA, IAIS, IOPS, IAGR, GRAF, APSA.
• Undertake and oversee any surveys in relation to financial matters e.g. investments in regard to licensees under purview
• Undertake research and collect data from other jurisdictions to Identify trends, and preparing reports on the information gathered and communicating the insights of these reports for further recommendations.
• Assist in conducting analyses of financial management and operational problems of the regulated entities.

Minimum Entry Requirements:

•  Degree in Finance, Accounting, Business Administration, Risk Management, Economics, Actuarial Science, Statistics, or a related field.
• Related field plus previous experience preparing financial reports; performing financial institution (bank, insurance or investments) and investment accounting functions; previous experience using computer applications; or
• Professional qualifications in Insurance/Pension/Financial Planning/Finance (CII) and Accounting (ACCA) from a recognized professional body plus two years of relevant working experience.

 Salary:

• Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

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:

• 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.
• 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.
• Coordinate and facilitate liaison with customers or their agents on matters related to their applications.
• Liaise with local or international bodies\authorities whenever necessary to complete application processing or on supervision, compliance and enforcement matters.
• Conduct market research to improve the regulatory standing of the industry and the jurisdiction.
• Supervise and monitor regulated persons and activities under the purview of the Capital Markets and Collective Investment Scheme Supervision Section.

Minimum Entry Requirements:

• 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

Salary:

• Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Facilities & Logistics Section

Job Purpose:      To undertake cleaning of the establishment to ensure a comprehensive cleaning service is provided that are conducive to a healthy environment within FSA Administration block and rented properties.

Summary of Duties:

• Sweep and clean all offices assigned.
• Empty all office bins and dust office furniture including equipment e.g: phones, computers.
• Mop assigned areas especially kitchen and staircase.
• Clean utilities.
• Wipe and dust all windows, including window borders (except in areas which cannot be reached).
• Clean main entrance and reception glass doors twice a day.
• Prepare tea for staff and visitors And serve tea and refreshments in meetings.
• Make and serve tea to all staff during tea break.
• Identify and report needed repair of assets:
• Ensure that all utensils and office cutleries are washed before leaving for the day; and
• Perform any other duties as may be assigned.

Minimum Entry Requirements:

• Secondary level of education; or
• Secondary level of education and 2 years of relevant working experience in a similar field.

Salary:

• Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Virtual Asset Services Supervision Section

Job Purpose: Responsible for reviewing and determining applications for registrations, licensing and other authorization of businesses and relevant persons engaged in and or providing virtual asset services.

Summary of Duties:

• Work in close collaboration with the Section’s Manager to assist and ensure effective and efficient operations of the Section.
• Engage in the processing and evaluation of applications received within the Section including but not limited to registration, licensing, “fit and proper” and other applications for authorisation or approvals.
• Assess and appraise all applications in consultation with the other sections of the organisation and in line with relevant, guidelines and standard operating procedures in place.
• Engage in the conduct of field inspections to monitor the activities of licensees, and ensure adherence to regulatory requirements.
• Gather, examine and compile data and any other relevant information relating to the off-site area and provide findings and recommendations to management.
• Through either on-site or desk-based means, and following set sectional supervision framework, make recommendations to the Section’s Manager on appropriate regulatory enforcement action(s) in events of regulatory breaches, and from time-to-time report to the Section’s Manager on matters thereof. 
• Represent alongside the Section’s Director / Manager in dealings with customers or other stakeholders.
• Participate in technical missions, forums, conferences, trainings both locally and abroad as and when requested by the organisation.
• Be conversant and keep up to date with current industry legislations, guidelines and policies in place to ensure that applications are being processed in accordance with the relevant laws and guidelines.
• Contribute in the formulation, implementation, and maintenance of policies, procedures and practices, participate in the development of strategic plans for the FSA and review exercises as and when required.
• Undertake of market research to improve the regulatory standing of the industry and the jurisdiction.

Minimum Entry Requirements:

• Degree In Finance or Economics or Accounting or Law or Information Technology or Cyber Security or Business Administration or Any Other Relevant Field.
• A finance/compliance/accounting-based/information technology/cyber security professional qualification equivalent of an undergraduate university degree; or
• ACAMS Or ICA Compliance Qualification.

Salary:

Commensurate with qualifications and experience.

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Anti-Money Laundering/Countering the Financing of Terrorism (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 Money Laundering and Terrorism Financing risks, evaluating to review and assess both technical compliance with these requirements and the effectiveness of controls applied to detect and prevent Money Laundering and Terrorism Financing.
• 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.
• 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:

• 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.
• 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:

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025

Legal Section

Job Purpose: Provide legal opinions and inputs regarding the laws administered by the organization in order to ensure that the 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:

• Degree in Law

Salary:

Commensurate with qualifications and experience.  

To Apply:

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

Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: 18^th August 2025