Specialist Analyst Investment Providers Department

Findojobs South Africa; Gauteng; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A regulatory oversight entity in Gauteng is looking for a Financial Services Compliance Assistant to ensure compliance with FAIS legislation. The role involves analysing financial statements, liaising with Financial Services Providers, and assessing financial risks. The ideal candidate will possess strong communication, problem analysis, and attentiveness to detail skills. Applications from persons with disabilities are encouraged.

Responsibilities

• Analyse annual financial statements to ensure proper reporting standards.
• Liaise with Financial Services Providers on non-compliance issues.
• Identify trends in the financial sector impacting regulatory objectives.
• Assess financial statements in line with business models of FSPs.
• Identify financial risks based on analysis of financial statements.
• Analyse problems identified by regulated entities and recommend solutions.
• Support team members with analysis of financial reports.
• Perform on-site inspections for risk-based supervision.
• Liaise with various stakeholders.
• Assist the team with ad-hoc projects.

Skills

Judgment

Problem analysis

Attention to detail

Communication skills

Interpersonal skills

Emotional intelligence

Customer relations

Persuasiveness 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 these positions will report to the Manager.

Key Performance Areas :

• Analyse annual financial statements and other statutory returns of Financial Services Providers to ensure that proper reporting standards have been followed;
• Liaise with Financial Services Providers on issues of non-compliance identified during analysis of statutory returns;
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
• Assess financial statements in line with the business model of Financial Services Providers;
• Identify financial risks based on analysis of financial statements and any other financial information;
• Analyse problems identified by regulated entities or as a result of new innovations and recommend solutions;
• Support team members with analysis of other forms of financial reports;
• Perform on-site inspection in terms of risk-based supervision approach;
• Liaison with various stakeholders; and
• Assist the team with ad-hoc projects.

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.