Assistant Manager: Member Supervision

JSE Limited; Johannesburg; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading financial institution in Johannesburg is seeking an Assistant Manager: Member Supervision. This role involves managing onsite reviews, ensuring regulatory compliance, and leading a small audit team. The ideal candidate has 5+ years of auditing experience, strong understanding of financial legislation, and skills in data analysis and business writing.

Qualifications

• Minimum 5 years in auditing, ideally in private sector.
• 2-3 years in external auditing.
• 1 year in a compliance environment.
• 1 year in a supervisory role.

Responsibilities

• Manage onsite reviews and desk-based monitoring.
• Ensure compliance with FICA and AML procedures.
• Lead and develop a small audit team.
• Build relationships with stakeholders.

Skills

Regulatory frameworks understanding

Risk-based audits

Data analysis

Business writing

Microsoft Office proficiency

Coaching ability

Relationship management

Independent working

Education

BCom Accounting or equivalent

Tools

Microsoft Office

Job description

WHY JOIN THE JSE? The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

The purpose of the Assistant Manager: Member Supervision is to manage onsite reviews and desk base monitoring as well as to oversee the JSE role in assisting the FSB (Financial Services Board) in discharging their supervisory obligation in respect of the FICA (Financial Intelligent Centre Act) in order to ensure regulatory compliance of JSE members.

• Maintain a professional approach towards regulatory interactions with the member firms in order to promote the JSE reputation as a trusted, respected regulator
• Ensuring that all interactions with member firms, internal and external stakeholders is professional and does not tarnish the good reputation of the JSE
• Building relationships with colleagues, peers and staff by using appropriate interpersonal styles
• Interacting in a way that promotes openness and trust and gives them confidence in one’s intentions
• Always communicating with honesty and integrity
• Establish working relationships with officials at the FIC and FSCA to the extent possible
• Deepen knowledge of the JSE rules and directives for all the markets and develop industry level appreciation of the role of the JSE and Market Regulation
• Ensure that communication with members is consistent and uphold the JSE values at all times

Protect and grow core business: Member Firm Reviews

• Assess member compliance with the Act and the rules in relation to the provision of securities services by conducting on-site reviews at the relevant member firms
• Ensure the on-going identification of the higher risk areas across all markets. Assess whether the member firms FICA and AML procedures meet our minimum requirements
• Ensure that member review work is completed to the highest quality and standards, and that deadlines are achieved
• Ensure that a report is issued for all the reviews that have been performed and that the member understands and acknowledges the content of the report. Formally follow up with the member to ensure that required actions have been addressed
• Ensure that member reviews are well planned and there are no unnecessary delays when on site
• Ensure that member understands and acknowledges content of report as well as the prescribed timelines for written responses by the member firm
• Ensure the compilation of draft plan for the following year's work schedule and liaise with line manager regarding the review selection and planning to ensure appropriate member firm coverage
• Ensure the development and enhancement of the review procedures on a continual basis to ensure that member reviews are conducted according to best practices and in line with the latest auditing methodologies and any amendments to the Act and the Rules

Transform the business: Staffing

• Lead and develop a small team through training and skills transfers to ensure that team members are appropriately skilled, effective, and motivated
• Coaching staff members to enable performance in line with agreed expectations
• Sharing knowledge gained from work experience and other sources with the team and foster a culture of continuous learning within the group
• Being available to guide team members in the performance of their duties and assist in navigation through complex issues

JSE Values

• Growing together
• Connecting for Co-creation

Qualification

• A relevant financial degree or diploma (e.g., BCom Accounting, BAcc, or equivalent).

Professional Training

• Must have completed external audit articles at a recognised audit firm.

Experience

• Minimum 5 years required in an auditing environment, ideally within the private sector
• At least 2–3 years in external auditing
• At least 1 year in a compliance environment, preferably related to regulatory or financial services compliance
• At least 1 year in a supervisory or audit manager role, overseeing audit teams

Knowledge and Skills required

• Strong understanding of regulatory frameworks, especially FICA and financial services legislation
• Ability to plan and execute risk-based audits and produce clear, value-adding reports
• Skilled in data analysis, business writing, and communicating complex information
• Proficient in Microsoft Office tools (Word, Excel, Outlook) and audit documentation systems
• Capable of managing audit teams, coaching others, and delivering feedback effectively
• Able to build and maintain professional relationships with internal and external stakeholders
• Comfortable working independently and collaboratively in a fast-paced, compliance-driven environment