Job Title: M-Pesa Africa – Senior Regulatory & Public Policy Manager
Hiring Organization: Safaricom
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Telecommunication
Job Type: Full Time
Salary: KES
Date Posted: 07/13/2024
About
M-Pesa Africa
At M-Pesa
Africa, we’re the heroes that make things happen.
We are a
united, energetic and passionate team. A place where leaders coach, teams
connect, and everyone is empowered to go further, faster. A place where heroes
become superheroes; through growth, opportunity, and the chance to work with
the best minds in FinTech.
We are
Africa’s largest FinTech providing services to more than 60 million customers
and 5 million businesses solutions across Financial Services, Enterprise,
Merchant and Retail. We are now well on our way to becoming the preferred
digital payment method across the markets that we serve, for both in-store,
remote and online payments. With headquarters in both Kenya and South Africa,
we serve markets that include Kenya, Tanzania, DRC, Lesotho, Ghana, Egypt,
Ethiopia, and Mozambique.
About the Role
Reporting
to the Chief Commercial Officer, the Senior Regulatory & Public Policy
Manager will work with Vodafone Group, Vodacom Group, Safaricom and local
market teams to provide support, thought leadership and be the interface
between regulatory functions and the Group Regulatory function, ensuring
compliance with all relevant laws and regulations across the various African
market footprint.
Responsibilities
Regulatory
inputs into the Group commercial planning processes
- Ensure
regulatory matters, which have material value, are accounted for correctly
in OpCo business plans, budgets, and strategies.
- Develop and
implement regulatory strategies to ensure compliance with all local and
international regulatory requirements.
- Embed regulatory
considerations in Group commercial product development to ensure product
alignment with regulatory requirements in deployment markets.
Mobile
Financial Services regulatory and Tax Policy support
- Provide
regulatory advice and support to Group OpCos on key issues identified in
Group Regulatory Team Strategy and as requested leveraging experts from
Vodacom, Safaricom and Vodafone. Notably focusing on Mobile Financial
Services policy, regulatory and tax issues.
- Group in-country
representation at national, regional and global policy events to support
Group and OpCo advocacy strategy.
Group
regulatory governance and reporting
- Act as a key
interface between the Head of Regulatory and other departments within the
organization
- Provide
regulatory input to ensure that, M-Pesa Africa Management, Vodacom
Management (and Vodafone Management in accordance with Delegation of
Authority) are briefed on the value and risk of material legal and
regulatory issues.
Group-wide
policies and strategies
- Working with the
team, support the development of Group-wide policies and strategies, which
can be used by Group and OpCo representation with key stakeholders and
regulators.
- Monitor and
ensure timely compliance with findings of regulatory inspections and
audits.
Regulatory
community and development programmes
- Monitor and
interpret regulatory developments and industry trends in key M-Pesa and
African markets.
- Participate in
and contribute to “Regulatory Community” programme and activities to
ensure that we are leveraging benefits of global company with strong local
roots, specifically in area of mobile financial services regulation and
tax policy.
- Provide Mobile
Financial services regulation and taxation policy contribution to
Regulatory Development Programme to increase understanding and build
capability across the community, including coaching, training,
presentations, workshops.
Strategy
and new business regulatory support
- Provide
regulatory support to Group Strategy and new business activities,
including due diligences and assessments of opportunities.
Regional
and sub-regional institutions engagement
- Provide
regulatory support on matters being worked on by regional and sub-regional
institutions (i.e. ITU, ATU, SADC, CRASA, COMESA, EAC) to secure
regulatory decisions and minimise risk. Notably focus on Mobile Financial
Services and Taxation Regulation.
Qualifications
- Bachelor’s
degree in law, Finance, Business Administration, or related field;
Advanced degree preferred.
- Minimum of 10
years of experience in Regulatory Affairs within the Financial Services
industry.
- Demonstrated
success in developing and implementing regulatory strategies.
- Strong
leadership abilities and a strategic mindset.
- Excellent
communication, negotiation, and stakeholder management skills.
- Proven
experience working across multiple African markets, with a strong
understanding of pan-African regulatory requirements.
