Head, Banking Supervision at Central Bank


Head of Banking Supervision – Ref: HBSD

The Head, Banking Supervision is responsible for ensuring that the division works towards achieving its objective of enhancing and maintaining a healthy and sound banking sector that will stimulate the economic activities to the betterment and welfare of the public.
Areas of Responsibility include:

• To promote soundness and stability of the financial system in Lesotho through proactive and effective supervision and regulation of banking institutions.

• Improving legal and regulatory framework compatible with international norms and standards

• To contribute towards the development of the financial sector.
Candidate will have to:

• Enforce laws, regulations and guidelines that govern the operations of the banking institutions in Lesotho.

• Proactive and timely response to emerging challenges and market dynamism by deployment of supervisory methods in line with international best practice and informing policy where necessary.

• Prepare consolidated Divisional annual work plans in line with the Bank’s Corporate Plan;

• Prepare progress reports, budgets and monitor through budget variances.

• Ensure that the Bank is appropriately represented in relevant forums both domestically and regionally;

• Appraise staff through developing performance contracts and monitoring performance.

• Prepare CBL and Supervision annual reports.

• Provide Secretarial responsibilities in the Bankers Meeting.
Candidates applying for this role require the following behavioural competencies:
• Strong leadership skills with a demonstrated ability to communicate a long term vision, create team effectiveness, optimize performance, coach, and provide guidance;

• In-depth technical knowledge relevant to the position of interest
• Formulating Strategies & Concepts

• Deciding & Initiating Action

• Leading & Supervising

• Entrepreneurial & Commercial Thinking

• Delivering Results & Meeting Customer Expectations

• Presenting & Communicating
All candidates wishing to apply should have the above stated behavioural competences and the following qualifications and experience to be considered at least:

• Minimum requirement is a Master’s degree in any one or more of the following or an equivalent combination of education and experience;

• Accounting, Finance, Risk Management, Banking, Economics, Commercial/ Corporate Law or equivalent or equivalent professional qualification.

• A minimum of seven (7) years relevant experience in a banking environment of which three (3) years is at senior managerial level.

*Please indicate a reference of the position applied for on the application*


Letters of application, comprehensive Curriculum Vitae, certified copies of certificates, names and contacts (including telephone and e-mail) of two referees must be sent to:-

Section Head: Talent Sourcing and Development

Central Bank of Lesotho

Corner Moshoeshoe & Airport Roads

P.O. Box 1184

MASERU 100 Page 1

Only shortlisted candidates will be contacted
Closing date: 24th March 2017