Regulatory Updates

Fiduciary Section

Job Purpose:

Performs financial, statistical and analytical studies and prepare financial reports and statements in respect to licensees and other authorised entities within the Fiduciary Supervision Section.

Summary of Duties:

• Work in close collaboration with the Director and Manager to assist in ensuring the Financial Analysis function of the Authorisations Unit is effectively and efficient conducted.
• Ensure adherence with the established service standards, internal systems and control of the Authorisations Unit relating to the financial analysis function and take appropriate regulatory enforcement action in event of breaches.
• Review and analyse audited financial statements or any other returns submitted by licensees and other authorized entities from the Fiduciary services sector to identify trends relating to revenues and expenses.
• Design, disseminate, and interpret data collected through periodic returns submitted by licensees from the Fiduciary Services sector.
• Maintain and update the registers being maintained by the FSA in respect to information pertaining to financial information provided by licensees within the Fiduciary Services Section.
• Analyze data to ensure proper accounting procedures and standards have been followed by all licensees.
• Participate in onsite inspections as and when required.

Minimum Entry Requirements:

• Degree in Business Administration, Law, Management, Finance or any other related field; or
• Other Relevant Professional Qualifications including: International Compliance Association – International Diploma in Compliance; or
• ICSA- Level 5 Diploma or
• Association of Chartered Certified Accountants (ACCA) and
• Minimum of three years’ experience in Related 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: 15^th October, 2021

Fiduciary Section

Job Purpose:

Responsible for reviewing and determining the merit of license applications and other authorisations requests for approval within the Fiduciary Services Sector.

Summary of Duties:

• Work in close collaboration with the Manager Authorisations to assist and ensure effective and efficient operations of the unit.
• Engage in the processing and evaluation of applications submitted within the Authorisations Unit including but not limited to licensing, renewal, changes and other authorisation applications.
• Assess and appraise all applications in consultation with the other units and in line with relevant current legislation in place applying the KYC principles and due diligence.
• Coordinate, facilitate liaison and dissemination of information to customers or their agents and provide a comprehensive analysis of applications.
• Engage in the conduct of onsite inspections in ensuring prospective licensee’s adherence with the prevailing legislations or on an ad-hoc basis.
• 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.
• Provide stakeholders with market information i.e. new licences and developments in the Industry.
• Assist in the undertaking of market research to improve the regulatory standing of the industry and the jurisdiction.

 Minimum Entry Requirements:

• Degree in Finance, Economics, Accounting or Law or any other relevant field or suitable level of experience in a relevant field; or
• Diploma in International Compliance Association (ICA) plus 2 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: 15^th October, 2021

Facilities and Logistics Section

Job Purpose:

To undertake cleaning of the establishment to ensure a comprehensive cleaning service is provided that is conducive to a healthy environment within FSA.

Summary of Duties:

• Perform cleaning duties in all office areas.
• Ensure housekeeping standards are followed.
• Maintain inventory of necessary supplies.
• Report necessary maintenance.
• Assist other department when needed with meetings.

Minimum Entry Requirements:

• Secondary level of education.
• Previous housekeeping experience is a plus.
• Excellent communication skills.

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: 15^th October, 2021

Facilities and Logistics Section

Job Purpose:

Provide secure and timely delivery of courier/communication dispatches to FSA partners, post office, banks and suppliers as well as pick up of office purchases and driving services to transport FSA staff.

Summary of Duties:

• Collect and deliver mails and other documents to and from the FSA.
• Transport staff to and from FSA or to other destinations.
• Run errands for FSA as and when necessary.
• Maintain the cleanliness and appearance of FSA’s vehicles.
• Advise on the need for corrective maintenance to FSA’s vehicles.

Minimum Entry Requirements:

• Secondary Level of Education; and
• Class 2, 5 & 6 driving license; and
• Minimum of 5 years driving experience and a clean driving license.

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: 15^th October, 2021

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://invcryptotrade.com/

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://simplifiedfinancemarkets.com/en/company.html

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://www.chainlogtrade.us/

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority (“FSA”) drawing attention to the following e-mail address: info@fsa.gov.sc which is being used in an attempt to impersonate the FSA. The emails being sent are making promise of monetary compensation or refund following trading losses. The FSA is urging members of the public not to respond to these emails and to bring the matter to its attention immediately.

The FSA would also like to remind members of the public that it would never ask for personal information such as bank account details in an e-mail.

The Financial Services Authority

VACANCY

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.

Analyst Programmer

Information Systems Section

Job Purpose:

• Develop software programs and applications. Create and maintain software documentation.

Duties:

• Work alongside the Director to conceptualize software programs.
• Assist with debugging and maintenance of software.
• Undertake software engineering process.
• Undertake more complex programs under the direction of a more senior staff or supervisor.
• Develop, modify and maintain assigned programs. Monitor the operation of assigned programs and respond to problems by diagnosing and correcting errors in logic and coding by applying knowledge of programming techniques and computer systems.
• Review user requirements and needs for new software and perform analysis, design, implementation, installation and training related to new software developed and/or acquired.
• Any other duties as may be assigned.

 Minimum Entry Requirements:

• Undergraduate Degree in Computer Science or equivalent.

Salary:

Commensurate with qualifications and experience.

To Apply:

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

The Head of Corporate Affairs

Financial Services Authority

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

Email: recruitment@fsaseychelles.sc

Closing date of application: Friday 3^rd September, 2021