Summary
Date Posted: Friday, October 18 2024, Base Salary: Not Disclosed

JOB DETAILS:
1.1. Job Purpose
Reporting to the Head of legal and Corporate Affairs, the Manager-Legal and Regulatory
Framework is responsible for levitative drafting and related regulatory framework, legal
interpretations, and technical advisories related to capital markets, collective investment
schemes, commodity exchange and related contracts, warehouse receipts system and any
other market segments as may be assigned by Law. The post holder is also responsible for
providing information on the Board of Directors' best practices and tailoring the Board of
Directors’ governance framework to fit the needs of the Authority. He/she supports the
Board of Directors in carrying out its mandatory duties. They also ensure that the Authority
complies with relevant legislation and regulations and keeps Board members informed of
their legal responsibilities.

1.2. Job Functions
1) Advising Management on appropriate legal frameworks to support market
development and regulation of the capital markets, collective investment schemes,
commodity exchange and related contracts, warehouse receipts system; and any
other market segments as may be assigned by Law;
2) Drafting of legal and regulatory frameworks for various new products and services as
and when need arises;
3) Playing the key strategic liaison between the Authority with relevant domestic,
regional and international stakeholders from both the public and private sectors
concerning the legislative and regulatory development process;
4) Coordinating the Authority’s representation in domestic, regional and global
committees such as the International Organization for Securities Commission
(IOSCO) Committee on Growth and Emerging Markets (GEM), IOSCO Africa/MiddleEast Regional Committee (AMERC), etc. and providing secretariat support where
necessary;
5) establishment and implementation of domestic, regional and global cooperation with
other regulatory authorities for the development and regulation of cross-border
activities.
6) Advising Management on establishment and managing relationships with
regulatory bodies (local, regional and international) and other strategic
partners in areas of mutual interests;
7) Acting as a strategic link between the Authority and its key partners as well as
external stakeholders;
8) Providing leadership and policy direction on legal issues;
9) Formulating, implementing, and reviewing legal policies, strategies, business
processes, and procedures;
10)Negotiating contracts; provision of advice on appropriate legal action in case of
breach of obligations;
11)Providing secretariat services to the Board of Directors;
12)Preparing the annual budget for the Department, business activities of the Board of
Directors, calendar of Board of Directors meetings, events and work plans.

1.3. MANAGER – LEGAL AND REGULATORY FRAMEWORK
1.3.1. Job Specifications
The duties and responsibilities entail:
Legal and Regulatory Framework
1) Advising Management on appropriate legal frameworks to support market
development and regulation of the capital markets, collective investment schemes,
commodity exchange and related contracts, warehouse receipts system; and any
other market segments as may be assigned by Law;
2) Drafting of legal and regulatory frameworks for various new products and services as
and when the need arises;
3) Playing the key strategic liaison between the Authority with relevant domestic,
regional and international stakeholders from both the public and private sectors
concerning the legislative and regulatory development process;
4) Coordinating the Authority’s representation in domestic, regional and global
committees such as the International Organization for Securities Commission
(IOSCO) Committee on Growth and Emerging Markets (GEM), IOSCO Africa/MiddleEast Regional Committee (AMERC), etc. and providing secretariat support where
necessary;
5) establishment and implementation of domestic, regional and global cooperation with
other regulatory authorities for the development and regulation of cross-border
activities.
6) Advising Management on establishment and managing relationships with
regulatory bodies (local, regional and international) and other strategic
partners in areas of mutual interests;
7) Acting as a strategic link between the Authority and its key partners as well as external stakeholders;

Legal Advisory, Contracts and Litigation
1) Preparing, reviewing and clearing contracts and cooperation agreements for the
Authority;
2) Drafting legal opinions on issues about the Authority’s mandates and/or issues
arising from its engagement with internal and external stakeholders;
3) Drafting, reviewing and clearing contracts for the procurement of external services
as required by the Authority;
4) Liaising and working closely with advocates of contracting parties to ensure effective
delivery of services;
5) Providing legal advice to Staff as may be required from time to time;
6) Maintaining and updating a secured database of all the Authority’s
contracts/agreements, tracking their validity and periodically advising user
departments on contract/agreement expiry dates for appropriate and timely actions
(renewal with existing stakeholders, engagement of new stakeholders, etc.);
7) Continuous and periodic review of executed contracts to ensure effective contract
management;
8) Researching best practices on contract management and execution;
9) Leading and managing representation of the Authority in hearings in courts, tribunals
and other relevant forums;
10)Participating in litigation matters through research, compiling of evidence and
related business activities;
11)Undertaking any other duties as may be assigned from time to time.

Board Coordination
1) Preparing the calendar and budget for Board meetings and/or Board business
activities;
2) Coordinating logistics for planned Board meetings, induction, training and events for
Board members;
3) Undertaking preparation of Board Committee and Full Board meetings and producing
meeting minutes/resolutions in the absence of the Director in charge of Corporate
Secretary;
4) Liaising and coordinating with Directors/Managers for timely implementation of
Board resolutions;
5) Preparing draft routine correspondences on behalf of the Directorate in charge of
Corporate Secretary and Legal Affairs;
6) Facilitating an effective and efficient communication for the Board;
7) Undertaking legal research as and when required;
8) Coordinating travel logistics for Board members; and
9) Undertaking any other duties as may be assigned from time to time.

1.3.2. Recognized Qualifications
For appointment to this position, a candidate must have:
1) Master’s Degree in any of the following fields: Law, Business Law, Commercial Law or
any other field related to the position;
2) Professional qualifications in legal practices such as a valid certification from the
Rwandan Institute of Legal Practice and Development (ILPD) or its equivalent;
3) At least five (6) years of related work experience for the Senior Manager and five (5)
for the Manager; please attach evidence
4) Demonstrating skills in legal research, legal analysis, writing reports and documents;
5) Meet the requirements of the Statute governing the management of CMA staff.
6) Knowledge of capital markets is an added advantage
1.3.3. Skills and Abilities
1) Strong written and verbal communication skills, including the ability to prepare and
present reports or recommendations to the Management and Staff;
2) Excellent computer literacy skills including knowledge of Microsoft Office, E-mail,
Internet, website navigation, and report writing tools;
3) Ability to work independently and as part of a team.

Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

Job application procedure
Interested in applying for this job? Click here to submit your application now.
Interested and qualified candidates should submit their applications online to the following. Applicants must submit the following documents in PDF format:
1) An application letter addressed to the Chief Executive Officer
2) A detailed Curriculum Vitae
3) Copy of academic degree(s) and Certificates
4) Proof of previous relevant working experience
5) Copy of National Identity and/or passport
The deadline for submission of applications is 1st November 2024.
Only shortlisted candidates will be contacted.
Capital Market Authority

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