Analyst - Licensing Department at FSCA South Africa

Purpose of the Job:

•  To assist the department with the processing of new licence applications, variation of licences, auditor appointments and removals, compliance officer approvals and removals as well as the performance of any other licensing-related functions and activities. 
• The person appointed to this position will report to the Manager: Licensing.

Key Performance Areas:

• Analyse and recommend approval or decline of all applications submitted for authorization (including concurrence granting) in respect of Financial Services Providers, Collective Investment Schemes, Collective Investment Schemes management companies, Retirement Funds Benefit Administrators, Insurers, banks, Cooperative Financial Institutions, Compliance Officers as well as any related requests;
• Project management and report writing;
• Analyse and recommend approval or decline of applications by foreign entities residing outside of South Africa;
• Assist in ensuring that only fit and proper individuals, directors of companies, members of close corporations and sole proprietors are approved in management structures of authorised entities.

Other Key Competencies:

• The candidates must demonstrate the following skills and attributes: A high level of conviction, judgment, confidence and decisive approach; problem analysis and ability to make judgement calls supported by facts; the ability to find information relevant and necessary for decision-making; good communication and interpersonal skills; strong verbal and written communication skills; strong interpersonal skills and emotional intelligence; analytical, and problem-solving skills as well as the ability to make facts-supported judgement calls  and computer literacy.

Requirements

• An LLB or B Comm Degree or equivalent with 2 to 3 years relevant experience, preferably in the FAIS and/or Insurance environment; sound knowledge and experience, regarding the functioning of the financial services industry, the various role-players and/or the regulatory environment; sound technical understanding of the workings of the banking and/or insurance and/or retirement funds industries.