JUNIOR ANALYST MARKETS ISSUERS AND INTERMEDIARIE-S DEPARTMENT

Financial Sector Conduct Authority; Pretoria; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A regulatory authority in finance is seeking candidates to join their Markets, Issuers and Intermediaries Department. The role focuses on supervising market infrastructures and ensuring compliance with the Financial Markets Act. Responsibilities include identifying regulatory shortcomings, proposing changes, and conducting inspections. Strong analytical, financial, and communication skills are essential. All qualified individuals are encouraged to apply, including persons with disabilities.

Qualifications

• Demonstrated skills in analytical abilities and attention to detail.
• Experience with risk assessments and management techniques.
• Ability to provide regulatory guidance effectively.

Responsibilities

• Identify shortcomings in the regulatory framework.
• Propose changes and assist with their implementation.
• Monitor compliance with the Financial Markets Act.
• Plan and conduct inspections of market infrastructures.
• Liaise with stakeholders for regulatory guidance.
• Conduct investigations and handle relevant complaints.
• Represent the organization at relevant meetings.

Skills

Strong analytical abilities

Attention to detail

Active listening

Critical thinking

Strong financial and numeracy skills

Sound communication skills (verbal and written)

Ability to work in a team

Innovative and strategic thinking

Job description

Purpose of the Job :

The Markets, Issuers and Intermediaries Department of the FSCA is responsible for licensing and supervising market infrastructures (i.e. exchanges) operating in the South African financial markets in terms of the Financial Markets Act, 2012 (Act no 19 of 2012). The department has oversight responsibilities over public markets, authorised users and issuers. The person appointed to this position will be stationed in the Market Integrity and Decision Sciences Division and will report to the Senior Manager : Public Markets, Issuers and Authorised Users.

Key Performance Areas :

• Assist in Identifying shortcomings and anomalies to the regulatory framework;
• Assist in proposing changes to the regulatory framework and assist the Department with the implementation of such changes;
• Assist 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 Financial Markets Act and subordinate legislation;
• Assist to plan and conduct inspections;
• Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the Specialist Analyst and the Manager; and
• Assist in conducting investigations regarding Market Infrastructures and to ensure that all relevant complaints are dealt with;
• Represent the organisation at relevant meetings of the market infrastructures;
• Apply risk assessments and risk management techniques.

Other Key Competencies :

The applicant must demonstrate the following skills and attributes : strong analytical abilities, attention to detail, active listening, critical thinking, strong financial and numeracy skills, sound communication skills (verbal and written), ability to work in a team, and innovative and strategic thinking.

The FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy but all groups are welcome to apply. 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.