Junior Analyst - Retirement Fund Conduct Supervision Department at FSCA South Africa

Purpose of the Job: 

• To assist the department in supervising and monitoring of retirement funds, including funds under curatorship, statutory management and funds where boards have been appointed in terms of section 26(2) of the Pension Funds Act, 1956 (“PF Act”). The person will also conduct on-site inspections and reviews of retirement funds and assist with monitoring and evaluation of reporting and relief from appointment of section 26 trustees. The person will also be required to monitor and supervise administrators licensed in terms of 13B of the PF Act. The person appointed to this position will report to the Manager.

Key Performance Areas:

• Assess complaints and queries received by the Department;
• Overseeing the appointment, monitoring and evaluation of reporting and relief from appointment of section 26 trustees;
• On-site inspections and reviews of retirement funds;
• Report writing;
• Analysis of statutory returns submitted by administrators licensed in terms of section 13B of the PF Act;
• Additional special projects relating to the conduct supervision of retirement funds.

Requirements

A Bachelor’s Degree in Law with applicable experience. Good knowledge and exposure of the PF Act will be an added advantage.