Recruitment at National Pension Scheme Authority

9 September
The National Pension Scheme Authority (NAPSA) was established in February 2000 by the National Pension Scheme Act no. 40 of 1996 of the Laws of Zambia. This followed the closure of the Zambia National Provident Fund (ZNPF) after the responsible Act under which it was formed was repealed. This means that ZNPF stopped receiving contributions on 31st January 2000. NAPSA was formed to provide income security against the risk arising from retirement (old age), death and invalidity with a focus on adequacy of benefits and monthly receipt of pension in a better way than the repealed ZNPF. This is achieved through the payment of different kinds of benefits to its members.
Head Treasury
  • Develop  and implement the treasury and investment strategies for investing in the long run and short run in accordance with NAPSA’s investment policies and investment guidelines
  • Develop  the section budget and work plan to ensure sufficient allocation of critical resources for the implementation of the treasury strategy efficiently  to meet the set of timelines and quality standards
  • Submits investments recommendations, competitive offers in the market including forex deals structure and create financial products and review all final investments appraisals in order to, make placements and invest in the money and capital market
  • Develop and implement treasury policies and procedures to ensure availability of guidelines that support the implementation of the section strategy within the set timelines and quality standards
  • Co-ordinate, handle and monitor all short term and long term investments made by NAPSA, evaluate their efficiency and recommend appropriate changes in investments strategy
  • Monitor compliance with the relevant regulations and laws on treasury and investments management, to ensure minimal exposure to risks assured with noncompliance
  • Monitor NAPSA’s cash flow procedures and processes to ensure alignment with relevant laws and regulations
  • Assess the market conditions, keeping up to date with current statutory regulations and monitoring changes and developments in pension provision in order to ensure the optimal performance of the fund and make recommendations on the changes to the investment policies to ensure NAPSA is responsive to changes in the environment
  • To carry out section performance objective setting, appraisals, coaching and preparation of training needs of all members of staff, for enhanced staff motivation and work performance improvement
  • Grade 12 with five “O” levels with Credit or better inclusive of Mathematics and English language
  • Degree in Economics, Accounting, Finance, Business Administration, business related fields or ACCA/CIMA equivalent
  • Seven years experience in Accounting, Finance, Banking, Investment, Fund Management or relevant Business field at a senior management level in an organisation of similar size
How to apply
Send application letter accompanied by CV and copies of relevant certificates and should also specify contact address telephone numbers.
Director Human Resources and Administration
National Pension Scheme Authority
Levy Business Park,
Church Road,
PO Box 51275,
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