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...
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Senior Analyst - Market Infrastructure And SROs Department
The Market Infrastructure and SRO’s Department of the FSCA is responsible for licencing and supervising market infrastructures operatingin the South African financial markets in terms of the Financial Markets Act, 2012 (Act no 19 of 2012). The person appointed to this position will be stationed in the Market Integrity Supervision Division and will report to the Manager: Market Infrastructure Supervision.
Key Performance Areas
Assist in Identifying shortcomings and anomalies to the regulatory framework;
Assist in proposing changes to the regulatory framework and assist the Department with the implementation of such changes;
Assist 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 inspections;
Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the Senior Analysts and the Manager;
Assist in conducting investigations regarding Market Infrastructures and to ensure that all relevant complaints are dealt with; and
Apply risk assessment and risk management techniques.
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,
Ability to work independently with minimal supervision, innovative and strategic thinking. The candidate must be confident and decisive, approaching all tasks in a professional manner.
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. Good knowledge of corporate governance frameworks. The candidate must also demonstrate an understanding of financial markets, financial instruments and the mechanics of Market Infrastructures. Good knowledge of financial analysis and risk management is essential.