Analyst Financial Advisers and intermediaries Department

FSCA South Africa; Pretoria; On-site; ZAR 450,000 - 600,000; Full time

Job summary

A leading regulatory body in South Africa seeks to hire a Compliance Officer to monitor and ensure the compliance of Financial Services Providers with legislation. This role involves analysing financial statements, performing on-site supervision, and collaborating with stakeholders to uphold regulatory objectives. Candidates are encouraged to apply, especially those from marginalized groups, as part of the organization's commitment to diversity.

Qualifications

• High level of judgement and a confident approach.
• Information gathering and analysis skills.
• Ability to liaise effectively with stakeholders.

Responsibilities

• Monitor compliance with legislation for Financial Services Providers.
• Analyse financial statements and compliance reports.
• Perform on-site visits and administrative activities related to regulations.

Skills

Problem analysis

Attention to detail

Communication skills

Interpersonal skills

Job 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