To develop policies and coordinate oversight arrangements for payments system participants, operators and other Financial Market Infrastructures (FMIs) activities with the aim of increasing resiliency and stability of the financial system.
Key Responsibilities
- Conducts self-assessment audits and produces reports indicating the extent of conformity with the Principles for Financial Market Infrastructures and recommend the necessary remedial steps;
- Assesses and evaluates payment systems providers’ applications for recognition under the National Clearance and Settlement Systems Act;
- Performs system profiling and risk analysis on all the major payments system participants and payments service providers as a basis for the oversight inspection.
- Conducts oversight inspection of licensed payment systems and products in line with the Bank’s oversight framework and recommends resolution of the identified deficiency areas;
- Undertakes research work on the relevance, feasibility and regulation of various payment inter-mediation schemes and technologies such as Smart Cards; Electronic Payment Services (EPS); Clearing and Settlement Systems;
- Conducts statistical analysis of transaction volume and values to assist in discerning emerging payments trends;
- Identifies and analyses trends and critical issues that may influence the direction of, or impact the Bank’s position on National Payments System policy, infrastructure and projects; and
- Conducts on-site and off-site oversight activities, including spot checks, to verify compliance with industry practices and systems rules.
Requirements
- Master’s Degree in Economics, Banking, Commerce, Accounting and relevant disciplines OR Bachelor’s degree in Banking, Commerce, Accounting, Finance and/or Economics plus two years post qualification experience
- Understanding of payment systems regulations
- Analysis of financial statements
- Knowledge of payments and settlement practices and standards
- Compliance and risk management
- Analytical skills
- Attention to detail
- Problem solving
- Research, organising, and coordination
- Time management
- Good communication and writing skills
- Teamwork and customer service
- Technology savvy
Salary
Market Related
How to Apply
Apply online via the application link: https://bankofbotswana.mcidirecthire.com/External/Job?Ref=TEkBhDYErs0qhHgueWeCgt_yRI-cnPLR1MRk1RR6Cpou3ktpvROhSqni_BGkK6j06j0l_EA1ze4sK7pqiK1IcVAveEsajlKwCE25QDz7dPuPD4N8FeD8jtTWYTi9OZUuQ8yI1sMPlAt_l_8a04Fd0g before the deadline of 2026-01-13.