NATIONAL CREDIT REGULATOR (NCR) VACANCIES

The National Credit Regulator (NCR) was established as the regulator under the National Credit Act 34 of 2005 (the Act) and is responsible for the regulation of the South African credit industry. It is tasked with carrying out education, research, policy development, registration of industry participants, i.e. credit providers, credit bureaux, alternative dispute resolution agents, payment distribution agents and debt counsellors, investigation of complaints, and enforcement of the Act.
The Act requires the NCR to promote the development of an accessible credit market, particularly to address the needs of historically disadvantaged persons, low income persons, and remote, isolated or low density communities. 
The NCR invites applications from suitable candidates for the following position:
 
DEBT COUNSELLING MONITORING OFFICER X2
Paterson Grade: C-Upper
Salary ranges from R253 900 – R482 400 maximum
 
Requirements:
 The successful candidate must hold a legal degree or equivalent with a minimum of 3 years working experience in the financial, legal, credit or regulatory environment.
 A minimum of 1-year debt counselling process experience.
 A valid code B driver’s licence and own reliable vehicle.
 Admission as an attorney or advocate will be an added advantage.
 
Duties:
 Conduct compliance monitoring and investigations of debt counsellors and credit providers’ debt counselling departments with the National Credit Act (NCA) and the conditions of registration.
 Analyse and interpret documents and/or information received from the compliance monitoring to ensure
correct interpretation of the NCA related provisions and draft reports with detailed findings within the applicable timelines.
 Identify areas of non-compliance.
 Take corrective or enforcement action for non-compliance.
 Follow up on corrective/ enforcement action taken as well as implementation of corrective measures.
 Co-ordinate and/or participate in industry committees dealing with debt counselling related matters.
 Monitor trends in the debt counselling industry and recommend intervening strategies where necessary.
 Draft relevant communiqué to the debt counselling industry as and when required.
 Engage on legal issues raised by registrants from the compliance monitoring activities and operational queries raised.
 Conduct stakeholder engagements such as webinars, periodic meetings and others.
 
Knowledge:
 General knowledge of the National Credit Act especially the debt counselling provisions.
 A good understanding of debt counselling processes
 Compliance monitoring principles.
 Understanding of the South African credit market.
 
Skills:
 Excellent communication skills.
 Excellent analytical skills.
 Excellent legal interpretation skills.
 Excellent report writing skills.
 Excellent presentation skills.
 Ability to work under pressure with little supervision.
 Strong interpersonal skills.
 Computer literacy.
 
 
Closing Date: 24 May 2022
 
The National Credit Regulator is an equal opportunity organisation which offers competitive market related packages.
 
Suitable persons should send a detailed CV quoting the relevant reference number to: IF-Recruitment@ncr.org.za
 
Correspondence will only be entered into with short listed candidates. The National Credit Regulator reserves the right not to make an appointment.
 
Ref No: DCMO/05/22
 
 
 

CALL FOR NOMINATIONS OF CANDIDATES TO SERVE ON THE NATIONAL CONSUMER TRIBUNAL (NCT) 

The Minister of Trade, Industry and Competition hereby invites nominations of persons to recommend to the President for appointment as members of the Tribunal. 
 
Qualifications of members of Tribunal: When appointing the Tribunal members the President must ensure that those Tribunal members must represent a broad cross-section of the population of the Republic; must comprise sufficient persons with legal training and experience to satisfy the requirements of section 31(2)(a) of the National Credit Act; be a citizen of South Africa, who is ordinarily resident in the Republic; have suitable qualifications and experience in economics, law, commerce, industry or consumer affairs; and be committed to the purposes of the Act. 
Term of office of the members: Each member of the Tribunal serves for a term of five (5) years. 
Remuneration of Members: Members will receive a fee for the work they undertake for the Tribunal. 
 
Note: Background verification, including criminal record, social media and citizenship checks, will form part of the selection process. The Tribunal, taken as whole, will be constituted to take into account representivity. 
 
NB: The nomination procedure and mandatory forms to be completed are available through the following link: http://www.thedtic.gov.za/wp-content/uploads/NCT-Call-for-Nominations.pdf. 
 
Applications and nominations must be emailed to: NCTNED@tianaconsulting.co.za; OR posted to The Director, Tiana Business Consulting Services (Pty) Ltd, PO Box 31821, Braamfontein, 2017. The post name must appear in the subject line of the e-mail OR on the envelope. Please note that only short-listed candidates will be contacted, and if you have not heard from the dtic within three (3) months of submitting your application or nomination, please consider it unsuccessful. 
 
Enquiries re the position: Paul Mokhonoana - Tel: 012 394-1708 or email: PMokhonoana@thedtic.gov.za
 
Enquiries re the application process: Mkhuseleni Mhlanga - Tel: 011 431-1354 or email: mkhuselenim@tianaconsulting.co.za
 
the dtic welcomes nominations of People With Disabilities. 
the dtic reserves the right to headhunt candidates. 
 
Closing date: 31 May 2022 at 16:00.