The FSCA's mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability in South Africa.
This is in line with the Twin Peaks model of financial sector regulations, as envisioned in...
Analyst - Market ,Issuers and Intermediaries Department
The OTC Markets and Issuers Department of the FSCA is responsible for supervising OTC derivative providers who as a regular feature of their business originate OTC derivatives or make a market in OTC derivatives. The person appointed to this position will be stationed in the Market Integrity and Supervision Division and will report to the Senior Manager: OTC Markets and Issuers.
Key Performance Areas:
Assist to Identify and propose changes to regulatory framework and assist the Head of Department with implementation of such changes;
Assist the Head of Department 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 on-site inspections with professionalism and the required technical standards;
Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the senior staff members and the Manager; and
Attend to administrative duties, including writing reports to management and other stakeholders.
Requirements
A BCom degree in commerce, financial markets, mathematics or similar degree, with at least 2 - 3 years relevant experience in the financial sector and/or the regulatory environment within the financial services industry.
Experience within a financial market environment, investment banking or similar environment will be a distinct advantage.
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