Senior Analyst Licensing Department (Insurance) at FSCA South Africa

Purpose of the Job:

To assist the department with the processing of new licence applications and any other post licensing matters dealt with by the Licensing Department. The person appointed to this position will report to a Manager within the Licensing Department.

Key Performance Areas:

•  Analyse, consider and recommend approval or decline all applications submitted for;
•  Very good knowledge and experience, regarding the functioning of the financial services industry, the various   role-players and/or the regulatory environment;
•  Sound knowledge of among others, the FAIS Act, Collective Investment Schemes Act and Financial Markets Act,
•  Assist and support from time to time the other areas in the Licensing Department in respect of the licence   applications received and dealt with including but not limited to applications relating to the:
• Financial Services Providers;
•  Collective Investment Schemes management companies;
•  Over-the Counter Derivative Providers (“ODPs”)
•  Retirement Funds Benefit Administrators; and
•  Assist in ensuring that only fit and proper key individuals, directors of companies, members of close corporations and sole proprietors are at all times assessed correctly against the set fit and proper requirements and approved where all the requirements      have been met.

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; A good sense of and ability to find information relevant and necessary for decision-making; Good communication and interpersonal skills; Very good verbal and written communication skills; Strong interpersonal skills and emotional intelligence; Strong analytical, judgment and problem-solving skills as well as the ability to make facts- supported judgement calls; Computer literacy

FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. 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

• LLB/Legal or B Comm Degree or equivalent, 3 to 5 years relevant experience, in the financial services industry, regulatory environment, risk management, compliance management and possess sound insurance sector experience. Knowledge of, as well as a good understanding of the digital asset environment will be an added advantage.

Closing Date: 03 May 2024