Investigations Officer

The Securities and Exchange Commission (SEC) is a body corporate established under the repealed Securities Act, Cap. 354 of the laws of Zambia and whose existence is continued under the new Securities Act, No. 410f 2016. SEC has the objective of inter alia regulating and developing the Zambian Capital Markets and is responsible for the supervision and development of the Capital Markets in Zambia as well as the licensing of financial intermediaries, collective investment schemes and securities exchanges, the registration of securities to be issued such as debt and equity instruments, and the authorization of transactions in entities registered with SEC
SEC now seeks to recruit qualified Zambians to fill the following positions:

2.0 Job Title: INVESTIGATIONS OFFICER(X1)

2.1 REPORTING: MANAGER INVESTIGATIONS AND ENFORCEMENT

2.2 Job Purpose: 

To provide support to the Directorate-Enforcement and Legal Services in matters relating to investigation of breaches and enforcement of the Securities Act, and the broader Law of the land to protect investors and the market. To assist in provision of professional legal advice and counsel to the SEC management and the Board and of efficient and effective legal services to the Commission

2.3 Key Result Areas and Accountabilities 

2.3.1 Investigations and Enforcement Investigates all cases of infringement of the Securities Law and recommends appropriate enforcement action

2.3.2 Legal interpretation-interprets key statutes such as the Securities Act, Regulations, and other pieces of key legislation, which have a bearing in carrying out the SEC Mandate

2.3.3 Legal Drafting – Drafts and peruses legislation, legal documents, regulatory instruments, contracts and agreements, pleadings, affidavits, deeds, leases, and diverse applications to safeguard the Commission’s interests and ensure that they are efficiently and effectively executed.

2.3.4 Litigation-Undertakes litigation on behalf of the Commission, including those arising out of disputes between the Commission and Capital Market players as well as other entities and persons the Commission deals with

2.3.5 Confidentiality – Maintains strict confidentiality of and does not disclose pertinent information obtained in the course of work.

2.3.5 Reports. Prepares monthly, quarterly, and departmental reports and submits them to the Directorate as scheduled, and

2.3.7 Other duties Attend to any other lawful duties as may be assigned.

2.4 Required competencies/Personal qualities:

2.4.1 Extensive knowledge and understanding of the Securities Law

2.4.2 Good organizational and supervisory skills

2.4.3 Ability to provide legal advice on securities and exchange matters and deal with issues arising in the Commission initiatives and activities

2.4.4 Knowledge of procedures and practices used in the conduct of civil litigation, judicial procedures, and rules of evidence

2.4.5 Good soliciting and arbitration experience

2.4.6 Strong interpersonal and influencing skills

2.4.7 High level of integrity and confidentiality 2.4.8 Good Communication skills both written and oral

2.4.9 Basic computer skills (Word processing, spreadsheets, and internet) 2.4.10 High level of analytical and investigative skills

2.4.11 High level of attention to detail or accuracy

2.5 Qualifications

• Grade 12 School Certificate
• Bachelors’ Degree in a relevant field or equivalent
• Membership to relevant professional body

2.6 Minimum relevant work experience

A minimum of 3 years relevant experience

APPLICATION PROCEDURE 

Applications accompanied by copies of certificates, detailed curriculum vitae (CV), and daytime contact telephone numbers and three (3) traceable references should reach the undersigned not later than 14th April 2022, the envelope indicating the relevant position applied for

The Chief Executive Officer

Securities & Exchange Commission

Plot 3827 Parliament Road, Olympia

P.O. Box 35165

LUSAKA