ANALYST - FINANCIAL ADVISERS AND INTERMEDIARIES DEPARTMENT.

Purpose of the Job:

To assist the department in ensuring that the approved authorised Financial Services Providers (FSPs) and their Compliance Officers comply with the Financial Advisory and Intermediary Services (FAIS) legislation. The person appointed to this position will report to the Manager.

Key Performance Areas:

1. Monitor compliance with legislation to ensure sound and efficient Financial Services Providers and the protection of consumers;
2. Analyse annual financial statements of Financial Services Providers to ensure that proper reporting standards and procedures have been followed;
3. Analyse compliance reports of Financial Services Providers;
4. Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
5. Identify financial risks based on analysis of financial statements and any other financial information;
6. Perform on-site visits in terms of risk-based supervision approach;
7. Liaison with Financial Services Providers;
8. Perform administrative or other activities relating to the regulation framework.

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis; attention to detail; information gathering; communication skills; good interpersonal skills and emotional intelligence; customer relations and persuasiveness skills.

FSCA is committed to increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.

Please note that correspondence and communication will only be conducted with shortlisted candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.

Minimum Requirements:

An LLB or B Com or B Tech with Accounting as a major with at least 2 to 3 years of relevant experience in the financial services industry or compliance management. The candidate must have a good knowledge and exposure to the financial sector, a good understanding of the FAIS Act of 2002. Good knowledge and/or experience of the FAIS regulatory framework and understanding of the insurance or banking industry is essential.

Closing Date: 18 September 2024