The role holder reports to the Head of Section, Payment Services Authorization and Approvals, and assists the team in the review and analysis of applications by Virtual Asset Service Providers (VASPs) to ensure compliance with the VASPs Act and Regulations.
Key Duties and Responsibilities
Technical and Operational Responsibilities
Review VASP applications in line with the VASP Act and Regulations and make recommendations to the Section Head.
Make recommendations for policy interventions to encourage financial innovations.
Analysis of applications and the requisite licensing documents for new VASPs.
Processing of application for approval of New products/ Company names for new VASPs.
Review and recommend for approval any new VASP products/service for licensed VASPs.
Correspond with applicants for new VASPs vider on licensing requirements and other related queries.
Organize and document meetings with prospective new VASPs for regulatory guidance.
Assist in updating new products applicants’ log.
Other Responsibilities
Coordinate knowledge exchange programmes.
Participate in stakeholder forums on payment systems and innovations..
Any other roles and responsibilities that may be assigned from time to time.
Qualifications
Bachelor’s Degree in a relevant field e.g. Economics, Law, Statistics, Computer Science or Business.
Professional qualifications and memberships are an added advantage.
Work Experience
