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

JOB DETAILS:
1.1. Job Purpose
Reporting to the Chief Executive Officer, the Head of Market Operations is responsible for
providing strategic direction as well as technical leadership in matters related to overall
market oversight ensuring orderly, fair and efficient market and investor protection while
remaining facilitative and proactive in supporting market development.

1.2. Job Functions
1) Advising on market supervision and oversight strategies;
2) Advising on the appropriateness of supervision and investigatory business processes
and procedures;
3) Providing technical leadership and strategic direction in the design, implementation
and evaluation of supervision for the capital markets, collective investment schemes,
commodity exchange and related contracts, warehouse receipts system, and any
other market segments, as may be assigned by the Law;
4) Ensuring there are proper regulatory mechanisms in place to boost robust levels of
investor protection through effective surveillance, supervision and investigations of
market development for the capital markets, collective investment schemes,
commodity exchange and related contracts, warehouse receipts system, and any
other market segments, as may be assigned by the Law;

1.3. Job Specifications
The duties and responsibilities entail:
1) Advising on market supervision and oversight strategies of the Authority that ensure
the market is orderly and fair tending towards market efficiency;
2) Advising on the appropriateness of investigatory and enforcement business
processes put in place at the Authority to provide investor protection when dealing
in capital markets and other relevant market segments products and services;
3) Designing and implementing systems to facilitate timely and effective review of
licensing applications and robust oversight of fit and proper assessment for all new
and existing market intermediaries/participants;
4) Providing technical leadership and strategic direction in the design, implementation,
and evaluation of market supervision, inspection, and surveillance programs to
secure compliance with regulatory requirements by all market participants (publicly
listed companies, exchanges, central depositories, licensed persons, and licensed
products) within the capital markets, collective investment schemes, commodity
exchange and related contracts, warehouse receipts system, and any other market
segments, as may be assigned by the Law;
5) Developing and overseeing the continuous enhancement of financial analysis
functions to grow the scope and quality of information for purposes of risk-based
supervision, market performance analysis, surveillance and identification of areas for
market development;
6) Providing guidance on monitoring of governance by issuers of securities to the public,
ensuring timely review of relevant information filed with the Authority and giving
feedback from reviews;
7) Ensuring there are proper regulatory mechanisms in place to boost robust levels of
investor protection through effective surveillance, investigations, and vigorous
prompt enforcement to support market growth, with a focus on proactive and preemptive surveillance to enhance the level of transparency and competition in the
market place and facilitate product innovation and creativity;
8) Designing and implementation of systems for the timely and effective review of
transactions/product approval applications to encourage market growth and
product innovation;
9) Developing improved investigations coordination with internal/external
investigators and other financial industry regulators to combat market abuse and
ensure fair and orderly markets and investor protection;
10) Assessing the skills and training needs of department staff and facilitating the
relevant training to ensure the requisite capacity.
11) Continuously assessing Department resources needs and being involved in
mobilizing the same from internal or external sources;
12) Coordinating internal and external communication (correspondences, emails, phone
calls, etc.) within the Department as well as responding to all relevant enquiries
addressed to the Department;
13) Developing, coaching, motivating and appraising staff performance in the
Department;
14) Undertaking any other duties as may be assigned from time to time.

1.4. Recognized Qualifications
For appointment to this position, a candidate must have:
1) Doctorate Degree or Master’s Degree in any of the following fields: Finance,
Economics, Business Administration or any other field related to the position;
2) If with a Master’s Degree, professional qualifications in Accounting or Finance such
as ACCA, CPA, CISI or CFA will be an added advantage
3) If with professional qualifications, membership in professional accounting or finance
body in good standing such as the Institute of Certified Public Accountants of Rwanda
(iCPAR) or its equivalent;
4) At least eight (8) years of relevant working experience; please attach evidence
5) At least seven (6) years of experience in a managerial position; please attach evidence
6) Demonstrating experience in policy and economic research, strategic transformation,
negotiation skills and dispute resolution;
7) Demonstrating knowledge in corporate finance, accounting and/or financial markets;
8) Knowledge about the Rwandan capital market industry will be an added advantage;
9) Demonstrating leadership skills at senior management level;
10) Meet the requirements of the Statute governing the management of CMA staff.

1.5. Skills and Abilities
1) Strong written and verbal communication skills, including the ability to prepare and
present reports or recommendations to the Board, Management and Staff;
2) Ability to work independently and as part of a team; with strong collaboration,
negotiation, and teamwork skills.
3) Strong leadership and engagement capabilities including decision-making, team
building, training and development.
4) Ability to build and motivate high-performing teams and foster a culture of
collaboration and continuous learning and improvement.
5) Analytical and strategic thinking and problem-solving abilities
6) Highly organized, results-driven, self-starter, creative and innovative


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.
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