Senior Analyst - Issuers And Intermediaries Department - Pretoria at FSCA South Africa

Purpose of the Job

• The Issuers and intermediaries Department of the FSCA is responsible for licencing and 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, Issuers and counterparties.

Key Performance Areas

• Ability to work independently with minimal supervision;
• Understand and apply provisions and conditions of the legislative framework;
• Ability to apply risk assessment and risk management techniques
• Plan and execute on-site reviews wit professionalism and to required technical standards;
• Assist with the monitoring of compliance with the provisions of the Financial Markets Act and subordinate legislation;
• Assist to plan and conduct on-site visits and inspections;
• Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the Specialist Analyst and the Manager;
• Conduct investigations regarding unregistered OTC Derivative Providers and ensure that all relevant complaints are dealt with; and
• Be able to deal with constructive criticism and be willing to learn on the job.

Other Key Competencies

• The applicant must demonstrate the following skills and attributes: strong analytical abilities, attention to detail, active listening, critical thinking, strong financial and numeracy skills, excellent communication skills (verbal and written), ability to work in a team, and innovative and strategic thinking. The candidate must be confident and decisive, approaching all tasks in a professional manner.

FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy. Persons with disabilities are encouraged to apply.

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements

• A Bachelor’s Degree in Commerce, Finance or Mathematics with 3 to 5 years of experience in the financial sector and/or the regulatory environment within the financial services industry. The candidate must also demonstrate an understanding of financial markets, financial instruments, and the mechanics of OTC derivatives instruments. Good knowledge of financial analysis and risk management is essential.