The successful candidate will be responsible for the following key performance areas:
– Contribute to the development and execution of the department and NPS strategy (e.g. NPS Vision).
– Draft, issue and/or amend policy and regulatory documents (e.g. standards, directives, policy papers, consultation papers, explanatory memos, notices and guidance notes).
– Review and provide input to other legislation, standards and reports derived from international standard setting bodies, regional and domestic regulatory authorities.
– Review and approve the entry, participation and exit criteria of operators and schemes including amendments
– Provide input into the requests from operators of payment, clearing, or settlement system to operate in another jurisdiction and provide recommendations .
– Review internal and external comments received from stakeholders on policy and regulatory instruments.
– Contribute to the process of developing Anti-Money Laundering (AML)/ Combating the Financing of Terrorism (CFT) and Combating the Financing of Proliferation (CFP) strategy, policies and regulatory framework.
– Coordinate and administer policy and regulation dialogues and to assist in the establishment and operationalisation of necessary committees .
– Monitor and identify payments policy, regulatory and legislative developments, both internationally and domestically
– Provide input to NPS and other relevant policy, regulatory, licensing, supervisory and oversight frameworks.
– Conduct research to keep abreast of policy, regulatory and risk-reduction developments and best practices.
– Ensure that the NPS regulatory framework complies with relevant international standards and practices.
– Provide guidance and input in new products, innovation and developments in the NPS.
– Build relationships and engage with internal and external stakeholders.
– Draft surveys in order to obtain inputs and feedback from stakeholders on payments policy and regulatory matters and consolidate inputs received.
– Generate and share knowledge with internal and external stakeholders and contribute to training, capacity building and education of stakeholders, including consumers.
– Represent the Bank and PRD and contribute in industry and stakeholder meetings, and/or on international, domestic, regional and standard setting bodies, committees, structures, forums etc.
– Collect and analyse data impacting the policy and regulatory environment and the development of policy and regulations
– Assist with identifying, assessing and mitigating risks within the Policy and Regulation division.
– Contribute to projects and attend to ad hoc tasks and responsibilities as per requirements.