The Bank of Botswana invites applications from suitably qualified and self-driven citizens of Botswana to fill the Supervisor, Policy Development and Digitilisation vacancy.
MAIN PURPOSE OF THE JOB
To monitor fintech developments and timely recommend or initiate the necessary policy responses that would foster innovation and enable leveraging of opportunities presented by Fintech while safeguarding the safety, stability, integrity and soundness of the financial system.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Banking
- Closing Date: 2026-07-24
Key Responsibilities
- Contribute to the review, development and enhancement of legislation, regulatory frameworks, policies and guidelines to ensure alignment with evolving central banking mandates, technological advancements and international best practices relating to financial technologies, digital financial services, digital currencies and innovation-driven financial sector developments.
- Recommend policy responses to emerging financial technology trends, including responses to sandboxed innovations.
- Periodically collect, analyse, compile and disseminate data and intelligence on fintech, digital currencies and emerging digital services developments in Botswana, the region and globally.
- Monitor, analyse and evaluate domestic and international trends, risks and developments in financial technologies, digital currencies, digital financial services and emerging innovations.
- Undertake research and policy analysis on fintechs, digital currencies and related innovations, and draft research papers, policy proposals, discussion papers and recommendations to support evidence-based policy formulation and decision-making.
- Compile policy recommendations and reports based on stakeholder engagements and awareness programmes, including the annual Fintech Festival.
- Draft articles on selected topics relating to financial technologies and innovations for the Bank’s internal and/or external publications.
- Collate information on financial technologies and innovation strategies and initiatives for dissemination to local, regional and international organisations through the relevant structures.
- Participate in stakeholder consultations, workshops, working groups and industry engagements relating to fintech, digitilisation and innovations.
- Provide guidance to fintechs and users from other departments on the application and interpretation of legislations, regulations, guidelines, policies and directives pertaining to financial technologies and innovations.
- Participate in training of relevant stakeholders on financial technologies and innovation policies, procedures and requirements.
- Participate in the implementation of departmental, institutional and cross-functional strategic projects and initiatives relating to policy development, digitilisation and innovation.
Requirements
- Master’s degree in Fintech, Business Innovation, Business Information Systems, Finance, Banking, Business Administration and Commerce or any other related field. Experience in the financial sector, policy development, financial regulation and supervision, digital financial services, fintech, payments, financial stability, financial markets, research, strategy innovation or a related field will be an added advantage.
- OR
- Bachelor’s degree in Fintech, Business Innovation, Business Information Systems, Finance, Banking, Business Administration, Accounting, Banking and Commerce or any other related discipline, plus at least two (2) years’ experience in the financial sector, policy development, financial regulation and supervision, digital financial services, fintech, payments, financial stability, financial markets, research, strategy innovation or a related field.
- Understanding of fintech and digital financial services.
- Understanding of regulatory frameworks and licensing processes.
- Research, policy analysis and report writing.
- Analytical and problem-solving skills.
- Interpersonal and communication skills.
- Team orientation and flexibility.
Salary
Market Related
How to Apply
About the Company
The Bank of Botswana serves as the central bank for the nation. Its primary mandate is to foster and maintain financial stability across Botswana. This critical role is executed through the robust regulation of the country's banking sector. Furthermore, the Bank provides stringent supervision over banks and various other financial institutions operating within Botswana. These efforts collectively contribute to a secure and resilient financial landscape for all citizens.
Botswana's central bank, ensuring financial stability and regulatory oversight.
Website: https://www.bankofbotswana.bw/
Frequently Asked Questions
What educational background and professional experience are generally required for a Supervisor role in Policy Development and Digitisation at a bank in Botswana?
Candidates typically need a Bachelor's degree in fields like Economics, Finance, Public Policy, Information Technology, or a related discipline. Extensive experience in policy analysis, project management, or digital transformation within the financial sector is usually essential for a supervisory position.
What are the common day-to-day responsibilities for a Supervisor, Policy Development and Digitisation within a central bank like the Bank of Botswana?
Daily tasks involve supervising a team in researching and drafting financial policies, overseeing the implementation of digitisation initiatives, and ensuring compliance with regulatory frameworks. This role also requires active engagement with various internal departments and external stakeholders to drive strategic policy and digital transformation objectives.
What is the typical work culture and professional expectation for a supervisory role within the banking sector in Botswana?
The work culture emphasizes professionalism, adherence to robust regulatory frameworks, and a strong commitment to national economic development. Supervisors are expected to demonstrate strong leadership, foster a collaborative environment, and uphold high ethical standards while respecting established hierarchies.
What are the realistic career progression opportunities for a Supervisor in Policy Development and Digitisation at a financial institution in Botswana?
A successful Supervisor can realistically progress to Principal Policy Analyst, Manager of Digitisation Strategy, or other senior management roles within the bank. Opportunities for specialization in specific financial policy areas or advanced digital transformation leadership also become available with proven performance and continued professional development.
What kind of benefits package can one typically expect for a supervisory role at a reputable banking institution in Botswana, beyond just salary?
Beyond a competitive salary, employees typically receive comprehensive benefits including medical aid, a robust pension scheme, and generous annual leave entitlements. Many institutions also offer professional development opportunities, training, and potential performance-based incentives.
When applying for this role, what key qualities or experience do employers in Botswana generally look for during the recruitment process?
Employers seek candidates with strong analytical and problem-solving skills, proven leadership capabilities, and a deep understanding of financial sector regulations and digital trends. Demonstrating excellent communication, stakeholder management, and a track record of successful project execution will significantly enhance an application.