Vacancy title:
Inspector Prudential Supervision - Pensions
Jobs at:
Pensions and Insurance Authority (PIA)Deadline of this Job:
10 February 2020
Summary
Date Posted: Wednesday, February 05, 2020 , Base Salary: Not Disclosed
JOB DETAILS:
INSPECTOR PRUDENTIAL SUPERVISION - PENSIONS - One (1) Position
Overall Responsibilities:
- Reporting to the Manager- Prudential Supervision - Pensions, the Inspector will be responsible for risk analysis, assessments and inspections of regulated pension schemes/funds and related entities in order to enhance compliance to the Pension Scheme Regulation Act and sound financial and business practices. .
Specific Duties: -
• Compiles lists of overdue statutory returns for pension schemes and advises the Manager accordingly.
• Conduct off -site analysis and generate risk analysis reports to develop risk profiles of assigned pension schemes.
• Recommends to Manager -Prudential Supervision any pension schemes with high risk profiles for inclusion in the annual inspection plan.
• Prepares pre -inspection reports for regulated entities that are scheduled to be inspected.
• Conducts prudential routine and targeted inspections of assigned pension schemes which may include collecting data, inspecting financial records and other data/information of pension schemes to confirm the level of risks and their continued viability.
• Drafts inspection reports which highlights whether or not inspected entities are adhering to legal provisions, regulations and set standards and develops recommendations to the Manager-Prudential Supervision for action where necessary.
• Processes received applications for registration by ensuring that information and documentation are complete and that applicants meet the minimum registration requirement for the type of schemes as set by the PIA in accordance with the provisions of the Pension Scheme Regulation Act before forwarding them to Supervisor with recommendations.
• Reviews inspection procedures so that they can be kept up-to-date with industry best practices and developments to ensure uniform treatment of supervised entities.
Job Skills: Not Specified
Requirements:
• Full Grade 12 certificate with credit or better in Mathematics and English.
• Degree in either Accounting/Business Administration or Full professional accountancy qualification such as ACCA/CIMAIZICA or related field
• Master’s Degree will be an added advantage.
• 3 years' relevant experience in audit or financial sector preferably 2 years in a related industry.
Job Education Requirements: Degree
Job Experience Requirements: 3 years'
Work Hours: 8
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Job application procedure
Interested candidates meeting the above qualifications should send their application letters, copies of certificates and Curriculum Vitae to the address below. The deadline is 10 February, 2020.
Human Resources and Administration Manager Pension and Insurance Authority
Stand No. 4618 Lubwa road, Rhodespark
P/Bag 30x Ridgeway
Lusaka.
Only hardcopies submitted to the address above will be accepted. Only shortlisted candidates will be contacted for interviews
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