TERMS OF REFERENCE FOR INFORMATION TECHNOLOGY SPECIALIST (REF: 6.1.23)
1.0 BACKGROUND
The EAC Financial Sector Development and Regionalization Project I (EAC - FSDRP I), which is funded by a $16 million IDA grant, became effective in June 2011. The project aims to support the development of the East African financial sector, through the establishment of a single market in financial services. Creation of a single financial services market, will also contribute to realization of the Common Market Protocol, by facilitating the attainment of the four freedoms i.e. movement of: goods, labour, services and capital.
Under FSDRP I, the Project Administration Team (PAT) has begun work to establish foundations for EAC financial sector regionalization through; establishing core capacity at the institutional level to support the EAC financial sector integration process; producing EAC model directives for financial sector laws and regulations; and achieving early wins in regional integration of market infrastructure.
The FSDRP I is structured into six components. The components are: (i) Financial inclusion and strengthening market participants (ii) Harmonization of financial laws and regulations against common standards; (iii) Mutual recognition of supervisors; (iv) Integration of financial market infrastructures; (v) Development of a regional bond market; and (vi) Capacity building.
The East African Community Secretariat intends to use part of the funding to recruit a team of officers to oversee the implementation of the Capital Markets Infrastructure (CMI) for the EAC region. One of the officers is an Information Technology Specialist (IT Specialist) to manage the CMI databases and related information technology infrastructure.
2.0 BACKGROUND OF CAPITAL MARKETS INFRASTRUCTURE
The EAC FSDRP is seeking to put in place a Capital Markets Infrastructure that will link all the National Trading Platforms within the EAC region with the aim of achieving the above goal. That is, to create a single market for securities within the region. This will also contribute to the realization of the Common Market Protocol, by facilitating the attainment of the four freedoms i.e. movement of goods, labour, services and capital.
The infrastructure is envisaged to link all the Automatic Trading Systems (ATS) and the Central Securities Depositories (CSD in the EAC region. The overall objective is to allow a seamless movement of securities and payments between the different EAC Capital Markets, compatible at the regional level, in order to enable the creation of a regional financial market in the EAC region.
The EAC – FSDRP 1 requires the services of an experienced professional, familiar with the operations and management of capital markets and Central Depository Systems (CDS) within the region and/or developing economies. The IT Specialist will be responsible for the maintenance of the CMI database by planning, implementing, monitoring, and improving performance of the databases and related IT infrastructure. In conjunction with the Project Manager and CMI Business Operations Specialist, ensure availability and smooth running of the CMI throughout any business day upon going live. To monitor and help mitigate both operational and reputational risks by ensuring participants to the CMI adhere to the laid down CMI rules and operational procedures. To carry out his/her tasks, the IT Specialist will be required to maintain liaison with relevant stakeholders including IT staff in the central banks, Stock Exchanges and Central Securities Depositories across the EAC Partner States, EAC Secretariat and other relevant EAC organs.
4.0 SCOPE OF THE ASSIGNMENT
The position requires delivery of the incumbent's own direct technical inputs and consultative processes relating to CMI operations. The IT Specialist's specific responsibilities will be as follows:
1. Managing and providing support for the Capital Markets Infrastructure (CMI) information systems;
2. Coordinating and overseeing smooth operations of the CMI information systems;
3. Ensuring compliance to the CMI Operational rules and procedures by all participants;
4. Training new users on basic CMI network functions, CMI system access and software programs as needed;
5. Managing business operations continuity requests for the CMI;
6. Installing and when necessary upgrading the database servers and application tools of the CMI as and when necessary;
7. Plan database upgrades by maintaining, evaluating, and improving a transaction processing model of the CMI;
8. Assess database performance of the CMI by developing a protocol for measurement of results and identification of problem areas;
9. Regular improvement of the CMI databases, applications and network performance by monitoring their performance;
10. Evaluating and resolving processing and programming problems, and designing database management tools;
11. Allocating the CMI system storage and planning future storage requirements for the database systems;
12. Ensuring security of the CMI databases by preparing access and control policies and procedures and facilitating implementation of the disaster recovery procedures;
13. Supporting the CMI application design by contributing expertise to applications, operations, and technical support teams in the Partner States Capital Markets;
14. Ensuring compliance with the CMI database vendor license agreement;
15. Ensuring CMI operational safety and resilience;
16. Promoting the Capital Markets integration agenda; and
17. Together with the CMI Project Manager and the Business Application Specialist, manage the resources within the CMI Operations office.
The IT Specialist will be required to provide;
i. Efficient, effective and resilient CMI information systems;
iii. Coordination together with the Project Manager of activities of all the stakeholders relating to the CMI implementation; and
iv. Together with the Project Manager, design the project implementation schedule and ensure all the stakeholders abide to it.
4.0 QUALIFICATIONS AND EXPERIENCE
A Bachelor's degree or its equivalent in Computer Science, IT and/or related fields. A professional qualification in related fields will be an added advantage e.g. Certified UNIX Administrator or Microsoft certified engineer.
At least 5 years of relevant experience, at middle level management or above, working in: central banks Central Depository Systems environment, Real Time Gross Settlement (RTGS) database environment, or Automatic Trading Systems. Experience in implementing Capital Markets Systems will be another added advantage.
Experience and demonstrated knowledge of Oracle relational database systems, database logic knowledge and report writing skills are required.
5.0 SKILLS AND COMPETENCIES
The person should have strong knowledge and experience in implementing regional Capital Markets Systems. In addition, knowledge in business reengineering and processes will be required.
6.0 TERMS AND CONDITIONS OF SERVICE
This is an EAC-FSDRP project position supported by Donor Funds, and is a non-established position for which contract terms are limited to the period of the CMI project implementation, and may be renewed subject to performance of the person during the implementation period and go live environment.
The IT Specialist will be recruited by the EAC Secretariat for an initial period of Ten (10) months and the contract may be renewed contingent upon project budgets and a satisfactory performance evaluation during the period.
Attractive consolidated remuneration packages for fixed contract positions will be paid in accordance with the EAC-FSDRP budget.
8.0 HOW TO APPLY
Suitably qualified candidates should submit their applications quoting the reference number of the position applied for, by registered mail, courier service, e-mail (all soft copies should be in MS Word) or dispatch together with Curriculum Vitae, copies of both academic and professional certificates and testimonials, names and addresses of three referees, and day time telephone/cell phone contact details to:
East African Community 5 EAC Close
P.O. Box 1096 Arusha - Tanzania.
Fax No: 007 27 2502455/2504481 E-mail: eac@eachq.org
TO BE RECEIVED NOT LATER THAN 25 SEPTEMBER, 2014 AT 17:00 ARUSHA TIME
Posts
0 comments:
Post a Comment