Financial Sector Conduct Authority (FSCA) Vacancies

ICT SECURITY ENGINEER : ASSURANCE ICT SECURITY DEPARTMENT (Pretoria)

Listing Reference: FSCA 841
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Information and Communication Technology (ICT) Security
Job Category: Cyber Security & IT Governance
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is seeking a highly skilled ICT Security Engineer: Assurance to join its ICT Security Department. This role is crucial in fortifying the organization’s cyber security posture by conducting security assurance activities such as governance and policy reviews, security penetration testing, and identity access management. The successful candidate will ensure compliance with regulatory requirements and work closely with internal ICT teams to mitigate security risks while fostering a robust security culture. This position reports directly to the Specialist: ICT Security.

Job Description

The ICT Security Engineer: Assurance will be responsible for overseeing security assurance measures, compliance frameworks, and risk assessments within the ICT department. Key responsibilities include:

Coordinating annual cyber security assurance activities, including control self-assessments and security penetration testing
Ensuring optimal functionality of Identity Governance and Access Administration (IAM) solutions
Managing and maintaining data loss prevention (DLP) solutions per service level agreements
Overseeing identity threat protection and intrusion prevention solutions
Compiling and presenting monthly reports on ICT security events, incidents, breaches, and process violations
Maintaining up-to-date ICT security policies, frameworks, and procedures aligned with industry best practices
Managing and updating the ICT security risk register and mitigation plans on a quarterly basis
Coordinating information requests for governance, assurance, audits, and control assessments
Ensuring compliance with ICT security frameworks, including ISO/IEC 27001, NIST CSF, COBIT, and local regulatory standards

Ideal Candidate

The ideal candidate should have a strong background in cyber security assurance, governance, and risk management. Key qualifications include:

A diploma or degree in Computer Science, Information Technology, or a related field
Industry-recognized information security certifications such as ISO/IEC 27001 Lead Implementer, ISC2 SSCP, or ISACA CISM
Minimum of 3 years’ experience in information security, particularly in cyber security assurance and risk management
In-depth knowledge of South African ICT security regulations, including the ECT Act, POPIA, and ISO/IEC 27001
Experience with Linux-based operating systems (RedHat, CentOS, or Debian)

Role Responsibilities

The selected candidate will be tasked with:

Security Assurance & Governance: Conducting IT security audits, risk assessments, and policy reviews to ensure compliance with industry standards
Identity & Access Management: Managing IAM and DLP solutions to prevent unauthorized access and data breaches
Incident Monitoring & Reporting: Preparing detailed monthly security reports on breaches, incidents, and violations
Threat Protection: Maintaining and optimizing identity threat protection and intrusion prevention systems
Compliance & Policy Review: Ensuring security policies align with ISO, NIST, COBIT, and other regulatory frameworks
Stakeholder Collaboration: Working with internal teams to enhance security awareness and enforce compliance standards

Skills & Attributes

The ICT Security Engineer: Assurance should possess the following:

Technical Skills:
- Proficiency in security risk management, compliance auditing, and governance frameworks
- Hands-on experience with IAM, DLP, and threat protection tools
- Strong knowledge of Linux operating systems (RedHat, CentOS, Debian)
Soft Skills:
- Excellent verbal and written communication
- Strong analytical and problem-solving abilities
- Ability to work independently and under pressure
- Strong interpersonal skills for collaboration with team members and stakeholders

Employment Equity Commitment

The FSCA is dedicated to fostering diversity and inclusivity in the workplace. Preference will be given to candidates from underrepresented groups, in line with the Employment Equity Plan. Individuals with disabilities are encouraged to apply.

Application Process

Only shortlisted candidates will be contacted. The FSCA reserves the right not to appoint if a suitable candidate is not identified.

Closing Date

The deadline for applications is 21 February 2025. Don’t miss this exciting opportunity to advance your career in cyber security assurance. Apply today!

DESKTOP TECHNICIAN (FIXED TERM CONTRACT) ICT APPLICATIONS, INFRASTRUCTURES AND OPERATIONS DEPARTMENT (Pretoria)

Listing Reference: FSCA Contract
Listing Status: Open

Position Summary
Company: FSCA
Industry: Information Technology
Job Category: ICT Applications, Infrastructure, and Operations
Location: Pretoria
Contract Type: Fixed Term Contract
Remuneration: Market Related
EE position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is seeking to hire a skilled Desktop Technician for a fixed-term contract in Pretoria. The role primarily focuses on providing IT technical support, troubleshooting issues, and ensuring the efficient functioning of hardware and software systems. The ideal candidate will play a pivotal role in the smooth operation of the FSCA’s ICT service desk, addressing technical concerns for business users and providing on-site or remote IT assistance. This position offers a dynamic environment for IT professionals to grow within a key department responsible for the technological infrastructure and operations of the FSCA.

Job Description

The Desktop Technician will serve as the first point of contact for all IT-related issues within the FSCA. The role requires managing and responding to technical incidents, configuring hardware and software, and ensuring all equipment and services are running smoothly. Reporting directly to the Infrastructure Manager, the technician will be responsible for maintaining high levels of service delivery across all ICT functions, providing critical support, and resolving issues promptly.

The technician will work closely with both internal teams and external vendors to resolve incidents, troubleshoot problems, and improve service support. Moreover, they will be tasked with managing various technical aspects, including the service desk function, application processes, and the setup and configuration of user devices.

Ideal Candidate

The ideal candidate for this role will be an experienced Desktop Support Engineer or Technical Support Engineer with at least 1-2 years of hands-on experience in IT support, including troubleshooting hardware, software, and network-related issues. The candidate should have a strong customer-oriented attitude, as they will frequently interact with business users and external vendors. A National Diploma in IT, Computer Systems, or a related field is essential, along with certifications such as A+, N+, or ITIL Foundation. The ideal candidate will possess a working knowledge of office automation products and peripheral devices, such as printers and scanners, and be familiar with network security practices and antivirus programs.

Role Responsibility

Manage the FSCA ICT service desk function as a single point of contact for business users, providing technical support and troubleshooting assistance.
Respond to calls on the ICT Call Centre system, logging, categorizing, and prioritizing service tickets using the ICT incident management platform.
Handle ICT incidents and service requests, ensuring successful resolution and providing timely updates to stakeholders.
Identify and analyze computer problems affecting users’ productivity and resolve them to allow seamless performance of business functions.
Install, configure, modify, and delete user settings for new and existing computers according to FSCA’s operating standards.
Set up and configure application clients on new or existing user computers, ensuring proper installation and functionality.
Monitor application processes and ensure their availability, addressing any discrepancies or issues that arise.
Create and retire user and computer profiles, ensuring correct management of user data and devices.
Escalate complex application-related queries to other ICT departments, following approved governance frameworks.
Manage and maintain the audio-visual equipment in the boardroom and oversee all collaboration solutions.
Provide management of FSCA printer services and maintain printers across the FSCA environment.
Install and configure security endpoint protection and email encryption solutions, ensuring compliance with FSCA’s policies and security principles.
Liaise with external vendors to resolve technical issues while adhering to governance guidelines.
Actively participate in team meetings and workshops to discuss and improve service support to the FSCA.
Research and recommend improvements to enhance overall service delivery.

Skills & Attributes

Proven work experience as a Desktop Support Engineer, Technical Support Engineer, or similar role.
Hands-on experience with various operating systems, including Windows, Linux, and Mac OS environments.
Familiarity with office automation products and computer peripherals (printers, scanners, etc.).
Knowledge of network security practices and anti-virus programs.
Strong troubleshooting skills, with the ability to resolve both hardware and software issues efficiently.
Excellent problem-solving abilities and the capacity to manage multiple tasks simultaneously.
Outstanding customer service skills and a professional, customer-oriented attitude.
Ability to provide remote troubleshooting and give clear instructions to end-users.
Excellent verbal and written communication skills, with the ability to explain technical issues in layman’s terms.
Team player who can work well in collaboration with both internal teams and external vendors.
Strong time management skills and the ability to meet deadlines under pressure.
A positive attitude towards ongoing learning and staying up-to-date with technological advancements.

How to Apply

Interested candidates who meet the above criteria are encouraged to apply by submitting their CV, along with a cover letter, to the FSCA recruitment team by the closing date of 21 February 2025. Please note that only shortlisted candidates will be contacted. The FSCA reserves the right not to appoint a candidate if no suitable candidate is found. Applicants with disabilities are strongly encouraged to apply in line with FSCA’s commitment to increasing the representation of marginalized groups.

This is a fantastic opportunity for an IT professional looking to develop their skills in a fast-paced and supportive environment. If you have the technical expertise, a proactive attitude, and the ability to deliver exceptional service support, the FSCA offers an ideal platform to grow your career in IT support. Join the FSCA and play a vital role in ensuring the effective delivery of ICT services across the organization.

Senior Analyst – Prudential Supervision (Pretoria)

Listing Reference: FSCA 497
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Services Regulation
Job Category: Senior Analyst – Prudential Supervision
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is a leading regulatory body in South Africa, tasked with ensuring the stability and integrity of the financial sector. The FSCA is currently seeking a highly skilled and experienced Senior Analyst for its Prudential Supervision division in Pretoria. This role is pivotal in monitoring and ensuring compliance by retirement funds and fund administrators with relevant legislation, particularly in terms of financial soundness. The successful candidate will play a critical role in identifying risks, proposing mitigation strategies, and contributing to the enhancement of regulatory standards.

This position offers a unique opportunity to work in a dynamic and impactful environment, where your expertise will directly contribute to the protection of retirement fund members and the broader financial system. If you have a strong background in financial analysis, a deep understanding of the Pension Funds Act, and a passion for regulatory excellence, this role is for you.

Job Description

The Senior Analyst – Prudential Supervision will be responsible for the following key tasks:
Financial Analysis: Conduct detailed analysis of financial statements, statistics, and reports submitted by registered retirement funds to assess their financial soundness and compliance with applicable legislation.
Risk Identification: Identify potential risks to the financial stability of retirement funds and propose actionable recommendations or enforcement measures to mitigate these risks.
Peer Reviews: Collaborate with management to conduct peer reviews of analysts’ work, ensuring accuracy and consistency in assessments.
Liquidation Guidance: Provide guidance to liquidators on the liquidation of retirement funds in accordance with legislative requirements.
Stakeholder Engagement: Address enquiries, queries, and requests for extensions or exemptions in a timely and decisive manner, adhering to departmental policies and deadlines.
On-Site Visits: Assist the Conduct Supervision section of the Retirement Funds Division in planning, scheduling, and conducting on-site visits. Prepare detailed reports on findings and recommend corrective actions where necessary.

Ideal Candidate

The ideal candidate for this role will possess the following qualifications and experience:
Educational Background: A Bachelor of Commerce Honours degree with a focus on Accounting (CTA) is required.
Professional Experience: At least 5 years of relevant working experience in the financial sector, with a strong emphasis on retirement funds or related industries.
Legislative Knowledge: A thorough understanding of the Pension Funds Act and its application in the regulatory environment.
Professional Certification: Successful completion of articles (e.g., SAICA, SAIPA, or equivalent) is highly desirable.
Industry Exposure: Prior experience in the retirement funds industry or financial services sector will be a significant advantage.

Role Responsibility

As a Senior Analyst, your responsibilities will extend beyond routine tasks to include strategic contributions to the FSCA’s mission. Key responsibilities include:
Regulatory Compliance: Ensure that retirement funds and fund administrators adhere to all relevant legislation, particularly in terms of financial soundness.
Risk Mitigation: Proactively identify risks to the financial stability of retirement funds and propose effective mitigation strategies.
Quality Assurance: Conduct peer reviews to maintain high standards of analysis and reporting within the team.
Stakeholder Support: Provide expert guidance to liquidators and other stakeholders, ensuring compliance with legislative requirements.
Collaboration: Work closely with colleagues in the Conduct Supervision section to enhance the effectiveness of on-site visits and other supervisory activities.
Reporting: Prepare comprehensive reports on financial analyses, on-site visit findings, and other relevant activities, ensuring clarity and accuracy.

Skills & Attributes

The successful candidate will demonstrate the following skills and attributes:
Analytical Skills: Strong ability to collect, analyze, and interpret financial data, records, and returns.
Communication: Excellent command of written and spoken English, with the ability to prepare clear and concise reports and other forms of communication.
Technical Proficiency: Advanced skills in Microsoft Office and workflow systems.
Personal Attributes: Disciplined, reliable, organized, efficient, trustworthy, self-confident, and cooperative.
Teamwork: Ability to work effectively both independently and as part of a team.
Judgment: Sound judgment and decision-making skills, with a commitment to upholding high work standards.
Reputation Management: A strong commitment to promoting the objectives of the FSCA and enhancing its reputation.

Why Join the FSCA?

The FSCA is committed to creating a diverse and inclusive workplace, in line with its Employment Equity Plan. The organization values the contributions of all employees and is dedicated to providing a supportive and rewarding work environment. By joining the FSCA, you will have the opportunity to make a meaningful impact on the financial sector, ensuring its stability and integrity for the benefit of all South Africans.

How to Apply

If you meet the requirements and are excited about the opportunity to contribute to the FSCA’s mission, we encourage you to apply before the closing date of 21 February 2025. Please note that only shortlisted candidates will be contacted.

The FSCA reserves the right not to appoint a candidate if a suitable match is not identified. Persons with disabilities are strongly encouraged to apply, as the organization is committed to increasing the representation of marginalized groups.

The role of Senior Analyst – Prudential Supervision at the FSCA is a challenging yet rewarding opportunity for a seasoned professional with a passion for financial regulation and a commitment to excellence. If you have the required qualifications, experience, and skills, we invite you to apply and become part of a team dedicated to safeguarding the financial well-being of retirement fund members and the broader financial system.

SPECIALIST ANALYST – MARKET SURVEILLANCE AND DATA ANALYSIS DEPARTMENT (Pretoria)

Listing Reference: FSCA – 227
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Services Regulation
Job Category: Data Analysis and Market Surveillance
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is seeking a highly skilled and analytical Specialist Analyst to join its Market Surveillance and Data Analysis Department in Pretoria. This role is pivotal in ensuring the integrity of financial markets by leveraging data-driven insights and advanced analytical techniques to detect and prevent market abuse. The successful candidate will play a critical role in safeguarding market conduct, ensuring compliance with regulations, and contributing to the development of policies that promote fair and transparent financial practices.

This position offers a unique opportunity to work at the intersection of finance, technology, and regulatory compliance. If you have a passion for data analysis, a keen eye for detail, and a strong understanding of financial markets, this role is tailor-made for you.

Job Description

The Specialist Analyst will be responsible for enabling data-driven insights and applying cognitive science principles to support planning and policy development. Key responsibilities include:

Market Conduct Surveillance: Conducting computerized analyses of market activities to identify alerts that may indicate violations of laws, rules, regulations, policies, or procedures related to market conduct risk behaviors.
Alert Review: Reviewing and analyzing alerts in accordance with prescribed guidelines, ensuring accurate reporting and documentation of findings.
Script Development: Participating in the design and creation of scripts and algorithms used to review and analyze alerts.
Problem Solving: Identifying, researching, and resolving complex problems related to market surveillance and data analysis.
Stakeholder Engagement: Preparing and delivering presentations on systems, reports, and findings to stakeholders, ensuring clear and effective communication of insights.

The Specialist Analyst will report directly to the Senior Specialist: Data Analysis and will collaborate closely with other teams to ensure the effective implementation of market surveillance strategies.

Ideal Candidate

The ideal candidate for this role is a highly analytical and detail-oriented professional with a strong background in data analysis, market surveillance, and financial services. Key qualifications include:

A degree in Statistics, Engineering, Business Analytics, Investment Analytics, Risk Management, or an equivalent qualification.
A minimum of 5 years of work experience in a field where designing, researching, and implementing market surveillance solutions was a major focus.
Intermediate knowledge of systems of record required to conduct market surveillance activities.
Proven experience in translating business strategy into actionable work programs and processes.
A strong understanding of financial markets and regulatory frameworks.

The candidate should also demonstrate a commitment to ethical practices and a passion for ensuring the integrity of financial markets.

Role Responsibility

The Specialist Analyst will be tasked with the following responsibilities:

Data Analysis: Utilizing advanced analytical techniques to identify patterns, trends, and anomalies in market data.
Alert Management: Reviewing and resolving alerts generated by surveillance systems, ensuring compliance with regulatory requirements.
Script and Algorithm Development: Collaborating with technical teams to design and implement scripts and algorithms that enhance the efficiency and accuracy of market surveillance activities.
Reporting: Preparing detailed reports and presentations that communicate findings and recommendations to stakeholders.
Continuous Improvement: Identifying opportunities to improve existing processes and systems, ensuring the department remains at the forefront of market surveillance technology.

Skills & Attributes

The successful candidate will possess the following skills and attributes:

Analytical Thinking: The ability to analyze complex data sets and draw meaningful insights.
Attention to Detail: A meticulous approach to reviewing alerts and identifying potential violations.
Financial Acumen: Strong financial and numeracy skills, with a deep understanding of market dynamics.
Technical Proficiency: Proficiency in using Microsoft Office and other relevant software tools.
Communication Skills: Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely.
Interpersonal Skills: Strong interpersonal skills, with the ability to build relationships and collaborate effectively with colleagues and stakeholders.
Emotional Intelligence: The ability to manage emotions and navigate challenging situations with professionalism and empathy.
Time Management: The ability to prioritize tasks and manage multiple projects simultaneously.

Why Join the FSCA?

The FSCA is committed to creating a diverse and inclusive workplace that reflects the communities it serves. As an equal opportunity employer, the FSCA encourages applications from individuals of all backgrounds, including persons with disabilities and those from marginalized groups.

By joining the FSCA, you will become part of a dynamic team dedicated to promoting fair and transparent financial markets. You will have the opportunity to work on meaningful projects that have a direct impact on the integrity of the financial sector, while also benefiting from professional development opportunities and a supportive work environment.

How to Apply

The FSCA reserves the right not to appoint a candidate if a suitable match is not identified.

The Specialist Analyst role at the FSCA is a challenging and rewarding opportunity for professionals with a passion for data analysis and market surveillance. By leveraging your skills and expertise, you will play a critical role in ensuring the integrity of financial markets and protecting the interests of investors.

If you are ready to take the next step in your career and make a meaningful impact, we look forward to receiving your application. Join the FSCA and be part of a team that is shaping the future of financial regulation in South Africa.

SENIOR MANAGER : ENFORCEMENT DEPARTMENT (Pretoria)

Listing Reference: FSCA 142
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Regulation and Enforcement
Job Category: Senior Management – Enforcement
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is a key regulatory body in South Africa, responsible for ensuring the integrity and stability of the financial sector. The FSCA is seeking a highly skilled and experienced Senior Manager for its Enforcement Department in Pretoria. This role is critical in leading a team of investigators and assistant investigators to enforce financial sector laws and ensure compliance. If you are a strategic thinker with a strong background in investigations, litigation, and management, this is an exceptional opportunity to make a significant impact in the financial regulatory landscape.

Job Description

The Senior Manager: Enforcement Department will oversee and manage a team of investigators and assistant investigators. The role involves ensuring the effective investigation of contraventions of financial sector laws and the execution of enforcement decisions. Key responsibilities include:

Providing ongoing advice, guidance, and quality review of documents to enable subordinates to perform their functions effectively.
Mentoring, empowering, upskilling, and developing team members to reach their full potential.
Managing and overseeing investigations conducted by the team.
Ensuring proper oversight of the enforcement process.
Conducting quality reviews of reports, recommendations, and decisions to ensure correct outcomes.
Ensuring the productivity of the team by delivering high-quality work on time.
Leading and empowering staff to perform their functions efficiently.
Identifying and implementing methods to improve efficiency and quality.
Conducting biannual performance appraisals for team members.

Ideal Candidate

The ideal candidate for this role is a seasoned professional with a strong background in investigations, litigation, and management. They should possess:

An LLB or BCom degree or similar qualification.
At least 10-15 years of experience in investigation, litigation, prosecution, evidence gathering, drafting of pleadings, and presentation of cases.
An additional 3-5 years of management experience.
Technical knowledge of investigation techniques, rules of evidence, and financial sector laws.
A deep understanding of the functioning of the financial regulation system in South Africa.

Role Responsibility

The Senior Manager: Enforcement Department will play a critical role in ensuring the effective enforcement of financial sector laws. Key responsibilities include:

Team Leadership: Providing guidance and mentorship to a team of investigators and assistant investigators. Ensuring that all team members are skilled and empowered to perform their functions.
Quality Control: Reviewing and ensuring the quality of all reports, recommendations, and decisions. Ensuring that outcomes are correct and aligned with regulatory requirements.
Efficiency and Innovation: Identifying and implementing methods to improve the efficiency and quality of investigations and enforcement processes.
Performance Management: Conducting biannual performance appraisals to ensure continuous improvement and development within the team.
Strategic Oversight: Managing and overseeing the enforcement process to ensure compliance with financial sector laws.

Skills & Attributes

The successful candidate will demonstrate the following skills and attributes:

Managerial and Leadership Skills: Proven ability to lead and manage a team effectively.
Interpersonal and Emotional Intelligence: Strong interpersonal skills and the ability to work well with others.
Communication Skills: Excellent written and verbal communication skills.
Innovative and Strategic Thinking: Ability to think innovatively and strategically to solve complex problems.
Analytical Thinking: Strong analytical skills to assess and interpret complex information.
Problem-Solving: Ability to identify and resolve issues effectively.
Attention to Detail: A keen eye for detail to ensure accuracy and quality in all work.
Project Management: Strong project management skills to oversee multiple tasks and deadlines.
Computer Literacy: Proficiency in using computer systems and software relevant to the role.

Why Join the FSCA?

The FSCA is committed to creating a diverse and inclusive workplace. The organization is dedicated to increasing the representation of marginalized groups in line with its Employment Equity Plan. Persons with disabilities are strongly encouraged to apply.

By joining the FSCA, you will be part of a dynamic team that plays a crucial role in maintaining the integrity of South Africa’s financial sector. You will have the opportunity to work on high-impact cases, develop your skills, and contribute to the broader goal of financial stability and consumer protection.

How to Apply

If you meet the requirements and are excited about this opportunity, please submit your application before the closing date of 21 February 2025. Please note that correspondence and communication will only be conducted with shortlisted candidates. The FSCA reserves the right not to appoint if a suitable candidate is not identified.

The role of Senior Manager: Enforcement Department at the FSCA is a challenging and rewarding opportunity for a seasoned professional with a passion for financial regulation and enforcement. If you have the required experience, skills, and attributes, we encourage you to apply and become part of a team that is making a difference in South Africa’s financial sector.

SENIOR ANALYST : ECONOMIC ANALYSIS AND MARKET RESEARCH DEPARTMENT (Pretoria)

Listing Reference: FSCA 183
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Services, Market Research, Economic Analysis
Job Category: Senior Analyst, Economic Analysis and Market Research
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is inviting applications for the position of Senior Analyst: Economic Analysis and Market Research Department in Pretoria. This role is essential in ensuring regulatory compliance, evaluating advertising and marketing strategies of financial institutions, and conducting in-depth market research. If you have strong analytical skills, a keen interest in financial sector developments, and experience in economic analysis, this opportunity is ideal for you.

Job Description

As a Senior Analyst within the Economic Analysis and Market Research Department, your primary responsibility is to support FSCA departments, particularly those overseeing supervision and regulatory compliance. You will be tasked with analyzing financial institutions’ advertising and marketing strategies, conducting media scanning, and performing research on local and international regulatory frameworks. The individual appointed will directly report to the Senior Manager and will contribute significantly to enhancing the overall performance of the department.

Key Responsibilities:

Conduct continuous scanning and analysis of various media, including online and social media marketing campaigns
Support the supervision and regulatory framework department in monitoring financial sector developments and implementing regulatory frameworks
Research and analyze both local and international regulatory and supervisory methodologies
Prepare detailed, high-quality research reports and present findings to stakeholders
Assess and review advertising, marketing, and disclosure materials utilized by regulated financial institutions
Contribute to the department’s ad-hoc projects and other tasks as required
Provide valuable insights and recommendations for improving regulatory supervision strategies

Ideal Candidate

To excel in this role, the ideal candidate should possess extensive experience in financial sector analysis, market research, and economic evaluation. The candidate should have strong knowledge of financial regulations and compliance, advertising trends in financial services, and the ability to analyze large data sets to generate actionable insights.

Role Responsibility

Analyze financial institutions’ advertising and marketing materials to ensure compliance with regulatory guidelines
Conduct thematic research and monitor economic trends affecting the financial sector
Work closely with internal FSCA teams to develop strategies for improving financial market integrity
Evaluate the effectiveness of disclosure practices adopted by regulated entities
Identify and assess financial risks associated with marketing campaigns within the industry
Assist in developing policy recommendations based on research and market analysis
Contribute to ongoing regulatory projects and provide expertise in economic and market research
Maintain up-to-date knowledge of international best practices in financial sector marketing and economic analysis

Skills & Attributes

To successfully perform this role, candidates must demonstrate a strong analytical mindset and the ability to interpret complex financial data. Essential skills and attributes include:

Critical thinking and problem-solving skills for conducting research and evaluating market trends
Excellent research and report writing skills to present findings clearly and concisely
Communication skills, both verbal and written, for delivering presentations and collaborating with teams
High level of judgment and decision-making skills to analyze financial institution strategies effectively
Good interpersonal skills and emotional intelligence to work collaboratively within a team and engage stakeholders
Strong knowledge of financial sector regulations and compliance requirements
Ability to work independently with minimal supervision while managing multiple projects effectively
Innovative thinking and adaptability in a fast-paced regulatory environment
Attention to detail in analyzing disclosure, advertising, and marketing strategies

Qualifications & Experience

A degree in Economics, Commerce, Marketing, or Business Management
3 to 5 years of experience in the financial services industry, focusing on economic analysis, market research, or regulatory compliance
Proficiency in financial data analysis, marketing strategies, and advertising assessment
Strong understanding of financial institutions’ compliance frameworks and regulatory best practices
Hands-on experience with supervisory methodologies and risk-based analysis
Exposure to international financial regulations and market monitoring approaches

Why Join FSCA?

Opportunity to work in a dynamic and highly regulated financial environment
Be part of a team that influences market conduct and financial sector integrity
Gain exposure to cutting-edge market research techniques and financial regulation trends
Competitive market-related salary with long-term career growth opportunities
Work within a forward-thinking and inclusive employment equity organization

Employment Equity Commitment

FSCA is committed to employment equity and encourages applications from marginalized groups, ensuring a diverse and inclusive workplace. Candidates with disabilities are strongly encouraged to apply.

Application Process

Interested candidates should submit their applications before the closing date: 21 February 2025. Only shortlisted candidates will be contacted for further assessments and interviews. FSCA reserves the right not to make an appointment if a suitable candidate is not found.

SPECIALIST ANALYST – RETIREMENT FUNDS CONDUCT SUPERVISION (Pretoria)

Listing Reference: FSCA-519
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Regulation and Supervision
Job Category: Compliance and Risk Management
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market-Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is seeking a highly skilled and experienced Specialist Analyst – Retirement Funds Conduct Supervision to join its team in Pretoria. This role is integral in ensuring that retirement funds operate within the legal framework and uphold fair practices for fund members and beneficiaries. The selected candidate will conduct supervisory on-site inspections and compliance evaluations, making recommendations to improve the industry’s operational conduct.

Job Description

The Specialist Analyst – Retirement Funds Conduct Supervision will be responsible for overseeing and monitoring compliance within the retirement fund sector. This role is crucial in assessing risks, enforcing financial sector laws, and promoting fair outcomes for members and beneficiaries. The successful candidate will work closely with colleagues, retirement fund office bearers, and relevant stakeholders to ensure regulatory adherence and effective governance.

Ideal Candidate

The ideal candidate will have:

A Bachelor’s degree in Commerce or Law with at least five years of relevant experience in the retirement funds industry.
In-depth knowledge of retirement fund benefit administration and familiarity with Section 13B of the Pension Funds Act, 1956.
Understanding of Board Notice 24 of 2002.
Industry-related certifications in compliance and risk management will be an advantage.
A strong commitment to improving retirement fund governance and ensuring compliance with industry regulations.

Role Responsibilities

Conduct supervisory on-site inspections and risk evaluations for retirement funds.
Identify and assess compliance risks related to the operation and governance of retirement funds.
Develop, implement, and revise risk-based supervision strategies.
Conduct desktop reviews to ensure retirement funds comply with financial sector laws.
Investigate and document non-compliance incidents, providing well-researched recommendations.
Provide recommendations for improvement to retirement fund office bearers.
Address complaints, unclaimed benefits, and arrear contributions.
Handle reportable irregularities and work on projects as assigned by the manager or Head of Department.
Ensure effective stakeholder communication and regulatory guidance.

Skills & Attributes

Technical Knowledge: Strong grasp of financial sector laws and regulations governing retirement funds.
Analytical Thinking: Ability to assess risks, evaluate fund operations, and recommend corrective actions.
Investigation & Reporting Skills: Experience in fact-finding, compiling reports, and handling compliance audits.
Communication & Writing: Excellent verbal and written English proficiency, with the ability to draft detailed reports and recommendations.
Attention to Detail: Strong ability to collect, analyze, and document evidence for regulatory action.
Proficiency in Microsoft Office: Ability to work effectively with computerized workflow systems.
Problem-Solving Skills: Capability to propose practical solutions for non-compliance issues and governance challenges.
Team Player & Independent Worker: Ability to work autonomously and collaborate with teams to achieve regulatory objectives.
Adaptability & Time Management: Ability to manage multiple tasks and meet strict deadlines.
Commitment to Ethical Standards: Strong moral integrity and commitment to fair outcomes for retirement fund members.
Interpersonal Skills: Emotional intelligence and stakeholder engagement capabilities.

Why Join FSCA?

Opportunity to work in a leading financial regulatory authority in South Africa.
Career growth in compliance, risk management, and financial sector supervision.
Work on impactful projects that improve financial sector governance.
Be part of a team that prioritizes ethical conduct and consumer protection.
Competitive market-related remuneration.
A workplace that values diversity and inclusion, in line with FSCA’s Employment Equity Plan.

Application Process

Interested candidates should submit their applications before the closing date on 21 February 2025. Shortlisted applicants will be contacted for interviews. The FSCA reserves the right not to make an appointment if no suitable candidate is identified.

This position offers an excellent opportunity for professionals in the financial regulatory space to play a crucial role in the oversight and governance of South Africa’s retirement funds sector. If you have the qualifications, skills, and passion for compliance and risk supervision, this role is perfect for you.

ANALYST : RETIREMENT FUNDS CONDUCT SUPERVISION DEPARTMENT (Pretoria)

Listing Reference: FSCA 208
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Services & Regulation
Job Category: Retirement Funds Supervision
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market Related
EE Position: Yes
Closing Date: 21 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is currently recruiting for an Analyst: Retirement Funds Conduct Supervision Department to oversee and regulate compliance within retirement funds. This role is essential in ensuring that the provisions of the Pension Funds Act, Financial Sector Regulation (FSR) Act, and associated directives are met to protect the interests of retirement fund members. The successful candidate will play a crucial role in monitoring, analyzing, and supervising various Section 14 transfer applications and related exemptions.

Job Description

As an Analyst in the Retirement Funds Conduct Supervision Department, your primary responsibility will be to evaluate and analyze compliance applications related to retirement funds. You will ensure that all pension fund activities align with the regulatory framework while also handling fund transfers, amendments, and exemptions. You will work closely with fund administrators, regulatory bodies, and internal teams to uphold industry standards and provide recommendations on systemic risks affecting the sector.

Ideal Candidate

To excel in this role, candidates should have a Bachelor’s Degree in Commerce (BCom) or Science (BSc), coupled with at least three years of experience in the retirement funds industry and/or financial sector. A background in analyzing and evaluating Section 14 applications will be advantageous. The candidate should possess strong analytical, financial, and leadership capabilities while demonstrating deep knowledge of the Pension Funds Act, FSR Act, and related regulatory standards.

Role Responsibility

Evaluate, analyze, and review applications for the transfer of business between retirement funds
Ensure that legislation and pension fund rules are complied with when processing Section 14 approvals
Review and assess applications for withdrawal or amendment of previously approved Section 14 transfers
Analyze and process applications for extensions within the regulatory framework
Identify systemic risks within the retirement funds industry and provide recommendations to mitigate them
Assist in regulatory supervision related to retirement fund transfers and industry-wide compliance
Handle queries and concerns from fund administrators, retirement funds, and members, ensuring a treat customers fairly (TCF) approach
Conduct projects as assigned by the Manager or Departmental Head

Skills & Attributes

Strong analytical and numerical skills with the ability to interpret complex financial regulations
Excellent verbal and written communication skills in English
Proficiency in Microsoft Office Suite and computerized workflow systems
Ability to work independently and within a team
Strong time management and deadline-driven approach
High levels of emotional intelligence and interpersonal skills
Commitment to improving retirement fund outcomes and ensuring fair regulatory practices
Keen interest in financial sector regulation and compliance

Employment Equity & Commitment

FSCA is dedicated to fostering a diverse and inclusive work environment. As part of its Employment Equity Plan, preference will be given to candidates from previously marginalized groups, including persons with disabilities.

Application Process

Interested candidates should submit their applications before 21 February 2025. Only shortlisted candidates will be contacted. FSCA reserves the right not to make an appointment if no suitable candidate is found.

This opportunity provides a rewarding career path for professionals eager to enhance compliance and regulatory oversight within the retirement funds sector. The role demands a highly analytical and detail-oriented individual passionate about safeguarding the interests of fund members and ensuring adherence to pension fund regulations. If you meet the qualifications and are eager to contribute to regulatory excellence, apply now to become part of FSCA’s dedicated team.

INVESTIGATOR X2 – ENFORCEMENT DEPARTMENT (Pretoria)

Listing Reference: FSCA 454 – 667
Listing Status: Open

Position Summary

Company: Financial Sector Conduct Authority (FSCA)
Industry: Financial Services & Regulation
Job Category: Investigation & Enforcement
Location: Pretoria, South Africa
Contract Type: Permanent
Remuneration: Market-Related
EE Position: Yes
Closing Date: 28 February 2025

Introduction

The Financial Sector Conduct Authority (FSCA) is seeking two highly skilled professionals for the role of Investigator (X2) – Enforcement Department based in Pretoria. These positions are integral to FSCA’s mission of maintaining integrity and fairness within South Africa’s financial services industry. The successful candidates will be responsible for conducting forensic regulatory investigations across various financial sectors, including financial markets, insurance, hedge funds, pension funds, and financial and advisory services. The appointed individuals will report to the Senior Manager and play a crucial role in enforcement actions and regulatory compliance.

Job Description

Develop and execute structured, clear, and time-efficient investigation plans in line with FSCA’s regulatory frameworks
Conduct forensic investigations that ensure all relevant and admissible evidence is gathered and analyzed effectively
Take responsibility for all enforcement actions, including the preparation of enforcement documentation and the facilitation of enforcement meetings
Implement legal processes such as debarments, withdrawal of licenses, and administrative penalties where necessary
Draft detailed investigation reports with findings that are well-supported by cross-referenced evidence
Collaborate with legal teams, financial analysts, and regulatory bodies to uphold compliance standards within the industry
Maintain up-to-date knowledge of financial legislation, market trends, and emerging risks in financial fraud and misconduct

Ideal Candidate

The ideal candidates for this role should be highly analytical, have a strong understanding of financial regulations, and possess excellent investigative skills. They should be adept at handling complex financial cases and demonstrate high levels of integrity and professionalism. Candidates with litigation, prosecution, forensic investigation, or forensic accounting backgrounds are encouraged to apply.

Role Responsibilities

Conducting in-depth forensic investigations in various financial sectors
Gathering and analyzing documentary and computer-generated evidence for legal admissibility
Leading enforcement actions, including legal drafting and formal case presentations
Coordinating regulatory investigations with external law enforcement agencies where required
Maintaining records of investigations and ensuring compliance with procedural and legal frameworks
Advising internal stakeholders on potential risks and areas of concern within financial regulations
Engaging with financial institutions to address non-compliance issues effectively

Skills & Attributes

Proven investigative skills with the ability to conduct detailed forensic examinations
Strong legal acumen, particularly in the law of evidence and regulatory compliance
Ability to independently draft comprehensive investigation reports
Strong analytical and problem-solving capabilities to assess financial discrepancies
Confident and decisive approach, especially in high-pressure situations
Excellent written and verbal communication skills for drafting and presenting findings
Ability to work independently, impartially, and objectively
Strong understanding of financial regulations and governance within South Africa

Requirements

A Bachelor’s degree in LLB, Accounting, or a forensic-related discipline
3 to 4 years of experience in litigation, prosecution, forensic investigation, or forensic accounting
Admitted attorney or advocate (for law incumbents)
Comprehensive knowledge of financial regulations, compliance laws, and forensic auditing
Understanding of documentary and computer-generated evidence admissibility
Knowledge of financial markets and regulatory structures will be an added advantage

Why Join FSCA?

The FSCA is committed to enforcing compliance within the financial sector while promoting integrity and transparency. By joining the FSCA, you become part of a regulatory body that is at the forefront of financial oversight and market fairness. Additionally, FSCA actively supports employment equity and encourages applications from marginalized groups and persons with disabilities.

Application Process

Interested candidates should submit their applications before the closing date of 28 February 2025. Due to the volume of applications, only shortlisted candidates will be contacted. FSCA reserves the right not to appoint a candidate if no suitable applicants are identified.

If you meet the required qualifications and experience, apply now to be part of an esteemed regulatory authority that safeguards financial integrity in South Africa!

Click here to apply

We wish you all the best in your applications