Junior Analyst Supervision: Investment Providers Department at FSCA South Africa

Purpose of the Job:

Appropriately supervise the conduct of the collective investments schemes (CIS) managers and monitor their compliance with the provisions of the Collective Investments Schemes Control Act, 2002 and related legislation within the framework of the objectives of the department. The person appointed in this position will report to the Manager: Investment Providers.

Key Performance Areas:

•  Supervise the conduct of the CIS Managers;
•  Monitor compliance with legislation to ensure sound collective investment schemes and the protection of investors;
•  Analyse financial statements and compliance reports of CIS managers and collective investment schemes;
•  Monitor and report on the continued compliance by all registered CIS managers, identify problems and possible solutions;
•  Maintain a risk based supervision approach to the collective investment schemes industry of South Africa;
•  Perform on –site inspections in terms of risk based supervision approach and write a report;
•  Attend to enquiries and investigate complaints from the general public;
•  Maintain a comprehensive database of information of the CIS managers, collective investment schemes and portfolios, and compilation of reports to users;
•  Assist with projects identified by the Manager;
•  Engage with internal and external regulatory stakeholders to co-ordinate supervisory activities; and
•  Attend to administrative duties.

Requirements

A B Com/ B Tech with Accounting as major or related degree with at least 1 year’s relevant experience, preferably in the Collective Investment Schemes industry. Audit experience will be an added advantage.

Closing Date: 2 July 2024