Director of Market Supervision and Market Development

The Capital Markets and Securities Authority is an independent Government Agency established under the CMS Act No.5 of 1994 for the purpose of designing and implementing purposeful measures which will enable the creation and development of sustainable capital markets that are efficient, transparent, orderly, fair and equitable to all.

To increase its capability to effectively carry out its mandate, the Capital Markets and Securities Authority is seeking to engage self motivated, competent, and qualified Tanzanian citizens to fill the following vacant positions:

Director of Market supervision and-Market Development
Organisational Relationship
Appointed by: The Board of Directors
Reports to: The Chief Executive Officer
Supervises: Market Supervision and Market Development Managers

Entry Qualifications
Holder of a Master's degree in Economics or Business Administration with specialization in Finance or Accounting with twelve years of work experience, five of which must be in a senior managerial position in a reputable institution. .

Duties and Responsibilities .

To head the Directorate of Market Supervision and Market Development
Training of securities dealers and investment advisers,
Analysing financial and other performance reports of listed companies.
Carrying out Onsite and offsite inspection of licensed dealing members, custodians, collective investment schemes, investment advisors and fund managers,
Participating in public education programmes on capital markets development,
Designing and implementing a risk based supervision program for the securities industry
Carrying out market surveillance to ensure orderly, fair and transparent dealing in securities,
Taking part in research and/or implementing projects related to capital market supervision and
development for the purposes of creating an enabling environment for the orderly growth and
development of the securities industry,
Taking part in the evaluation of applications for licencing or registration of capital markets-intermediaries
Participating in capital markets regional integration issues relating to market supervision
Participating in the evaluation and review of applications for public issuance of securities
Performing any other duties and responsibilities as may be assigned by the Chief Executive Officer.

APPLICATION INSTRUCTIONS:

GENERAL CONDITIONS:

Applicants must be citizens of Tanzania
Applicants must attach an up to date current Curriculum Vitae (CV) having reliable contact, postal address, email and telephone numbers
The title of the position applied for should be written in the subject of the application letter and marked on the envelop; failure to observe this instruction will render the application invalid
Presentation of forged academic certificates and other false information in the CVs is illegal
Persons who have/were retired from the public service for whatever reasons should not apply
Certificates from foreign examination bodies for ordinary or advanced level education should be certified by the National Examination of Tanzania (NECTA) and Certificates from Foreign Universities should be verified by the Tanzania Commission for Universities (TCU)
Only shortlisted candidates will be informed on a date for the interview
Applicants should apply on the basis of the information given in this advertisement

APPLICATION LETTERS SHOULD BE ADDRESSED TO THE FOLLOWING ADDRESS. HAND DELIVERY
IS NOT ACCEPTABLE:
CHIEF EXECUTIVE OFFICER,
CAPITAL MARKETS AND SECURITIES AUTHORITY,
P.O.BOX 75713,
DAR ES SALAAM.