Manager - Virtual Asset Services Supervision

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.

Manager - Virtual Asset Services Supervision

Virtual Asset Services Supervision Section

Job Purpose:

Responsible for the management of the authorization and supervision function of the section in order to ensure only relevant businesses providing virtual asset services are licensed and authorized. Consequently, to manage the supervision function of the section for the conduct of effective sectoral supervision of the licensed and authorised entities.

Summary of Duties:

• Ensure the effective and efficient operations of the section.

• Devise administrative and supervisory framework, policies and procedures in relation to the section and make recommendations to the Director.
• Oversee the staff within the section to ensure:

• that applications are processed in accordance with relevant legislations and within the parameters set by the Section’s Service Standards
• effective preparation, coordination and overseeing of the conduct of field inspections to monitor regulated entities activities and ensure adherence to approved regulatory standards
• identification of potential areas of compliance vulnerability and supervisory techniques and tools to best manage the risks
• appropriate enforcement action is taken in events of regulatory breaches

• Review statistical inspections and other reports and provide input on findings and recommendations where necessary.

• Work in collaboration with the other departments of the organisation to undertake relevant policy or legislative changes in relation to the sector.

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
• CISI Or ICA Compliance Qualification.
• 3 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:  25^th March, 2024