|Company||FINANCIAL SECTOR CONDUCT AUTHORITY|
|Reference #||FSCA : 137|
|Location||Pretoria, Gauteng, South Africa|
To render appropriate supervision of the South African over the counter derivatives providers (ODPs) market and monitor compliance with the provisions of the Financial Markets Act of 2012, (FMA), FMA Conduct Standard for Authorised ODPs and related legislation within the framework of the objectives of the department. The person appointed to this position will report to the Senior Manager.
|Job Functions||Compliance & Regulatory Affairs|
•Assist to Identify and propose changes to regulatory framework and assist the Head of Department with implementation of such changes;
•Assist the Head of Department to develop and maintain an effective and efficient supervisory framework within the context of the approved legislation;
•Assist with the monitoring of compliance with the provisions of the FMA Conduct Standard 2 of 2018 for Authorised ODPs;
•Assist to plan and conduct on-site inspections with professionalism and the required technical standards;
•Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the senior staff members and the Manager; and
•Attend to administrative duties, including writing reports to management and other stakeholders.
Other Key Competencies
The candidate must demonstrate the following skills and attributes: Ability to work independently with minimal supervision; Strong analytical abilities; attention to detail; active listening; critical thinking; strong financial and numeracy skills; excellent communication skills (verbal and written); ability to work in a team; be able to deal with constructive criticism and be willing to learn on the job; and innovative and strategic thinking. The candidate must be confident and decisive, approaching all tasks in a professional manner.
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.
A Bachelor’s Degree in Commerce, Finance, Financial Markets or Mathematics with 2 to 3 years’ working experience in the financial sector and/or the regulatory environment within the financial services industry. The candidate must also demonstrate an understanding of financial markets, financial instruments, and the mechanics of OTC derivatives instruments. Good knowledge of financial analysis and risk management is essential.
|Job Closing Date||26/02/2021|