- Published on
FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA) VACANCIES
FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA)
ANALYST - FINANCIAL ADVISERS AND INTERMEDIARIES DEPARTMENT.
(Pretoria)
Reference Number FSCA 397
Description
Purpose of the Job:
To assist the department in ensuring that the approved authorised Financial Services Providers (FSPs) and their Compliance Officers complies with the Financial Advisory and Intermediary Services (FAIS) legislation. The person appointed to this position will report to the Manager.
Key Performance Areas:
• Monitor compliance with legislation to ensure sound and efficient Financial Services Providers and the protection of consumers;
• Analyse annual financial statements of Financial Services Providers to ensure that proper reporting standards and procedures have been followed;
• Analyse compliance reports of Financial Services Providers;
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
• Identify financial risks based on analysis of financial statements and any other financial information;
• Perform on site visits in terms of risk based supervision approach;
• Liaison with Financial Services Providers; and
• 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 towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified
Requirements
An LLB or B Com or B Tech with Accounting as major with at least 2 to 3 years relevant experience of 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: 12 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
ANALYST - FINANCIAL ADVISERS AND INTERMEDIARIES DEPARTMENT.
(Pretoria)
Reference Number FSCA 397
Description
Purpose of the Job:
To assist the department in ensuring that the approved authorised Financial Services Providers (FSPs) and their Compliance Officers complies with the Financial Advisory and Intermediary Services (FAIS) legislation. The person appointed to this position will report to the Manager.
Key Performance Areas:
• Monitor compliance with legislation to ensure sound and efficient Financial Services Providers and the protection of consumers;
• Analyse annual financial statements of Financial Services Providers to ensure that proper reporting standards and procedures have been followed;
• Analyse compliance reports of Financial Services Providers;
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
• Identify financial risks based on analysis of financial statements and any other financial information;
• Perform on site visits in terms of risk based supervision approach;
• Liaison with Financial Services Providers; and
• 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 towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified
Requirements
An LLB or B Com or B Tech with Accounting as major with at least 2 to 3 years relevant experience of 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: 12 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
INTERNAL AUDIT MANAGER: GOVERNANCE, RISK & ASSURANCE DEPARTMENT
(Pretoria)
Reference Number FSCA 1152
Description
Purpose of the Job:
To execute process and system audits as per the approved plan, including ad-hoc audits. Oversee internal audit functions, manage relationships with outsourced providers, and ensure effective execution of the annual audit workplan. Collaborate with the Auditor-General of South Africa to monitor audit findings and enhance internal control systems. The person appointed to this position will report to the Senior Manager: Governance, Risk and Assurance.
Key Performance Areas:
• Develop a three-year strategic risk-based Audit Plan based on an assessment of key risk areas.
• Develop annual audit operational plans aligned with risk assessments and organizational priorities.
• Ensure alignment of audit activities with organizational goals and regulatory requirements.
• Develop the FSCA Internal Audit Charter aligned with strategic direction.
• Monitor progress and completion of audit activities as per the workplan.
• Evaluate design and operating effectiveness of internal controls.
• Enhance the control environment by recommending improvements to lower risk exposure.
• Maintain a quality assurance and improvement programme covering all internal audit services.
• Conduct special audits or reviews as requested by management or the audit committee.
• Liaise with outsourced internal audit provider to ensure timely completion of audits.
• Liaise with external auditors to ensure efficient coordination of audit efforts.
• Review and approve audit reports to ensure accuracy and quality.
• Track audit findings and oversee implementation of corrective measures by internal departments.
• Coordinate feedback and compile the FSCA Audit Tracking register.
• Monitor implementation progress of action plans and conduct follow-up audits.
• Prepare clear, logical, and concise reports for committees as required.
• Develop and implement fraud detection procedures.
• Conduct or oversee fraud investigations when necessary.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: Analytical thinker with attention to detail, maintaining confidentiality, and strong interpersonal skills. Customer-focused, emotionally intelligent, and a team player with excellent communication skills. Reliable, trustworthy, and committed to upholding organizational standards and reputation.
FSCA is committed towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
A degree with 3 years’ relevant experience; CA (SA) and/or CIA qualification preferred. Proficiency in Internal Audit theory and practice including CAATS (Computer assisted audit techniques) such as ACL (Audit Command Language). Understanding of regulatory environments and organisational risk management will be an added advantage.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
INTERNAL AUDIT MANAGER: GOVERNANCE, RISK & ASSURANCE DEPARTMENT
(Pretoria)
Reference Number FSCA 1152
Description
Purpose of the Job:
To execute process and system audits as per the approved plan, including ad-hoc audits. Oversee internal audit functions, manage relationships with outsourced providers, and ensure effective execution of the annual audit workplan. Collaborate with the Auditor-General of South Africa to monitor audit findings and enhance internal control systems. The person appointed to this position will report to the Senior Manager: Governance, Risk and Assurance.
Key Performance Areas:
• Develop a three-year strategic risk-based Audit Plan based on an assessment of key risk areas.
• Develop annual audit operational plans aligned with risk assessments and organizational priorities.
• Ensure alignment of audit activities with organizational goals and regulatory requirements.
• Develop the FSCA Internal Audit Charter aligned with strategic direction.
• Monitor progress and completion of audit activities as per the workplan.
• Evaluate design and operating effectiveness of internal controls.
• Enhance the control environment by recommending improvements to lower risk exposure.
• Maintain a quality assurance and improvement programme covering all internal audit services.
• Conduct special audits or reviews as requested by management or the audit committee.
• Liaise with outsourced internal audit provider to ensure timely completion of audits.
• Liaise with external auditors to ensure efficient coordination of audit efforts.
• Review and approve audit reports to ensure accuracy and quality.
• Track audit findings and oversee implementation of corrective measures by internal departments.
• Coordinate feedback and compile the FSCA Audit Tracking register.
• Monitor implementation progress of action plans and conduct follow-up audits.
• Prepare clear, logical, and concise reports for committees as required.
• Develop and implement fraud detection procedures.
• Conduct or oversee fraud investigations when necessary.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: Analytical thinker with attention to detail, maintaining confidentiality, and strong interpersonal skills. Customer-focused, emotionally intelligent, and a team player with excellent communication skills. Reliable, trustworthy, and committed to upholding organizational standards and reputation.
FSCA is committed towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
A degree with 3 years’ relevant experience; CA (SA) and/or CIA qualification preferred. Proficiency in Internal Audit theory and practice including CAATS (Computer assisted audit techniques) such as ACL (Audit Command Language). Understanding of regulatory environments and organisational risk management will be an added advantage.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
SPECIALIST ANALYST - MARKET SURVEILLANCE AND DATA ANALYSIS DEPARTMENT
(Pretoria)
Reference Number FSCA 227
Description
Purpose of the Job
To enable data-driven insights and apply the elements of cognitive science for planning and policy development, design and create the scripts/algorithms capable of reviewing alerts, use data as a tool to solve market surveillance business problems and make solutions through application of math, business, technology, design thinking, and behavioral sciences, and identify and document defects and provide updates as needed. The person appointed to this position will report to the Senior Specialist: Data Analysis.
Key Performance Areas
• Conducts "Market Conduct Market Surveillance” which begins with computerised analyses of activities that trigger “alerts” requiring additional review to determine whether the activity was a violation of a law, rule, regulation, policy or procedure requirement related to one or more Market Conduct Risk Behaviours;
• Reviews alerts in accordance with prescribed guidance, and, reporting and analysis of results;
• anticipates in development and design of the scripts used to review the alerts;
• Identifies, researches, analyses and resolves complex problems;
• Prepares, and conducts presentations on systems, reports, and findings to stakeholders, as and when required.
Other Key Competencies
The applicant must demonstrate the following skills and attributes: active listening, critical thinking, analytical thinking, attention to detail, strong financial and numeracy skills, proficiency in using Ms office, excellent communication skills, good interpersonal skills and emotional intelligence. The candidate must have the ability to establish priorities and manage several tasks.
The FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy. Persons with disabilities are encouraged to apply.
Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
A Degree in Statistics, Engineering, Business Analytics, Investment Analytics, Risk Management, or equivalent qualification. The specialist analyst should have intermediate knowledge of the system(s) of record required to conduct market surveillance activities and translates business strategy into work programs and processes. Minimum of 5 years work experience in a field where designing, researching, and implementing market surveillance solutions and using surveillance tools to deter market abuse was major, preferably in a financial services sector.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
SPECIALIST ANALYST - MARKET SURVEILLANCE AND DATA ANALYSIS DEPARTMENT
(Pretoria)
Reference Number FSCA 227
Description
Purpose of the Job
To enable data-driven insights and apply the elements of cognitive science for planning and policy development, design and create the scripts/algorithms capable of reviewing alerts, use data as a tool to solve market surveillance business problems and make solutions through application of math, business, technology, design thinking, and behavioral sciences, and identify and document defects and provide updates as needed. The person appointed to this position will report to the Senior Specialist: Data Analysis.
Key Performance Areas
• Conducts "Market Conduct Market Surveillance” which begins with computerised analyses of activities that trigger “alerts” requiring additional review to determine whether the activity was a violation of a law, rule, regulation, policy or procedure requirement related to one or more Market Conduct Risk Behaviours;
• Reviews alerts in accordance with prescribed guidance, and, reporting and analysis of results;
• anticipates in development and design of the scripts used to review the alerts;
• Identifies, researches, analyses and resolves complex problems;
• Prepares, and conducts presentations on systems, reports, and findings to stakeholders, as and when required.
Other Key Competencies
The applicant must demonstrate the following skills and attributes: active listening, critical thinking, analytical thinking, attention to detail, strong financial and numeracy skills, proficiency in using Ms office, excellent communication skills, good interpersonal skills and emotional intelligence. The candidate must have the ability to establish priorities and manage several tasks.
The FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy. Persons with disabilities are encouraged to apply.
Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
A Degree in Statistics, Engineering, Business Analytics, Investment Analytics, Risk Management, or equivalent qualification. The specialist analyst should have intermediate knowledge of the system(s) of record required to conduct market surveillance activities and translates business strategy into work programs and processes. Minimum of 5 years work experience in a field where designing, researching, and implementing market surveillance solutions and using surveillance tools to deter market abuse was major, preferably in a financial services sector.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
SENIOR ANALYST: FINANCIAL ADVISERS AND INTERMEDIARIES DEPARTMENT
(Pretoria)
Reference Number FSCA: 677
Description
Purpose of the Job:
To assist the department in investigating complaints of alleged contraventions of the Financial Sector Regulation Act and other sector laws whilst upholding the quality and integrity expected of the Financial Sector Conduct Authority. The person appointed to this position will report to the Manager.
Key Performance Areas:
• Investigate complaints relating to contraventions of the Financial Sector Regulation Act and other sector laws;
• Ensure that regulatory action is taken when the contravention is confirmed;
• Liaise with investigators with regard to the investigation process;
• Deal with debarments of persons who have been found to have materially contravened the FSR Act and /or any sector law;
• Deal with suspensions and withdrawals of entities authorised in terms of the FAIS Act; and
• Be able to perform administrative and other activities relating to the regulatory framework.
Other Key Competencies:
Candidates must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis, information gathering, communication skills (verbal and written), good interpersonal skills and emotional intelligence, customer relations and persuasiveness skills. Good knowledge and/or experience of the functioning of the Financial Sector Regulation Act and other sector laws and knowledge of workflow system is essential.
FSCA is committed towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
An LLB or bachelor’s degree in law or related field with 3 to 5 years working experience. Candidates must have an understanding of the Financial Sector Regulation (FSR) Act and other sector laws.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
SENIOR ANALYST: FINANCIAL ADVISERS AND INTERMEDIARIES DEPARTMENT
(Pretoria)
Reference Number FSCA: 677
Description
Purpose of the Job:
To assist the department in investigating complaints of alleged contraventions of the Financial Sector Regulation Act and other sector laws whilst upholding the quality and integrity expected of the Financial Sector Conduct Authority. The person appointed to this position will report to the Manager.
Key Performance Areas:
• Investigate complaints relating to contraventions of the Financial Sector Regulation Act and other sector laws;
• Ensure that regulatory action is taken when the contravention is confirmed;
• Liaise with investigators with regard to the investigation process;
• Deal with debarments of persons who have been found to have materially contravened the FSR Act and /or any sector law;
• Deal with suspensions and withdrawals of entities authorised in terms of the FAIS Act; and
• Be able to perform administrative and other activities relating to the regulatory framework.
Other Key Competencies:
Candidates must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis, information gathering, communication skills (verbal and written), good interpersonal skills and emotional intelligence, customer relations and persuasiveness skills. Good knowledge and/or experience of the functioning of the Financial Sector Regulation Act and other sector laws and knowledge of workflow system is essential.
FSCA is committed towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
An LLB or bachelor’s degree in law or related field with 3 to 5 years working experience. Candidates must have an understanding of the Financial Sector Regulation (FSR) Act and other sector laws.
Closing Date: 9 August 2024
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position Yes
Location Pretoria
PLEASE APPLY HERE
SENIOR ANALYST - SUPERVISION: INVESTMENT PROVIDERS (PRETORIA)
Reference Number FSCA: 646
Description
Purpose of the Job:
To assist in the management and supervision of the activities of the Alternative Investment industry and to monitor Alternative Investment compliance with the provisions of the applicable Alternative Investment legislation within the framework of the objectives of the department. The person appointed to this position will report to the Manager.
Key Performance Areas:
• Monitor compliance with legislation to ensure sound and efficient Financial Services Providers and the protection of consumers;
• Analyse financial statements and other statutory reports of Financial Services Providers;
• Ensure that following a thorough analysis, matters are referred for regulatory actions where applicable;
• Assist Manager with theme work and conduct research in terms of risk base supervision approach;
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
• Take part in the implementation of a Conduct Risk Framework as part of supervision and monitoring;
• Perform onsite inspection in terms of risk-based supervision approach;
• Assist junior staff with planning and performance on onsite inspection;
• Liaison with Financial Services Providers; and
• Perform administrative or other activities relating to the regulation framework.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: Problem solving, judgement, oral and written communication, decision making; good interpersonal skills; the ability to work in a team and resolve queries; good mentoring abilities, emotional intelligence, and good customer relations. Knowledge of workflow systems will be a strong recommendation. Good computer skills (MS Office).
FSCA is committed towards 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 short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
An LLB or B Com or B Tech degree with Accounting as major with at least 3 years relevant experience of 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.
Work Level Skilled
Job Type Permanent
Salary Market Related
EE Position No
Location Pretoria
PLEASE APPLY HERE