Junior Analyst - Pretoria, South Africa - Financial Sector Conduct Authority

Financial Sector Conduct Authority
Financial Sector Conduct Authority
Verified Company
Pretoria, South Africa

2 weeks ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description

Purpose of the Job:


To regulate and supervise retirement funds and benefit administrators through monitoring compliance with the Pension Funds Act, Regulations, Board Notice 24 of 2002, Directives and FSCA's policy to safeguard the interest of both the members of retirement funds and retirement fund benefit administrators.

The person appointed to this position will report to the Manager.


Key Performance Areas:


  • Monitor compliance with legislation to ensure sound and efficient retirement funds and benefit administrators and to ensure the protection of consumers;
  • Analyse annual financial statements of retirement fund benefit administrators to ensure that proper reporting standards and procedures have been followed;
  • Analyse compliance reports and annual reports on retirement fund benefit administrators;
  • Liaise with retirement funds and benefit administrators on issues of noncompliance identified during desktop reviews, inspections and the analysis of compliance and annual reports;
  • Support team members with the analysis of regulatory returns;
  • Assist the Manager with projects and other ad hoc tasks;
  • Perform onsite inspections in terms of a riskbased supervision approach;
  • Produce onsite inspection reports on retirement funds and benefit administrators;
  • Assist the team with planning and onsite inspections;
  • Liaison with industry stakeholders; and
  • Perform administrative or other activities relating to the regulatory framework.

Other Key Competencies:
FSCA is committed towards increasing the representation of marginalised groups in line with its

Employment Equity Plan. Persons with disabilities are encouraged to apply.

A Bachelor of Commerce or Law degree with applicable working experience. Good knowledge and exposure to the Pension Funds Act and the industry will be an added advantage.

**Closing Date: 13 November 2023
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