Senior Analyst - Retirement Funds: Conduct Supervision Department at FSCA South Africa

Purpose of the Job: 

• To regulate and supervise retirement funds through monitoring compliance with the Pension Funds Act, Regulations, Conditions and Financial Sector Conduct Authority’s (FSCA) policy to safeguard the interest of both the members of the funds through the analysis of S14 applications, withdrawals, amendments, extension applications and exemptions related thereto. The person appointed to the position will report to the Manager

Key Performance Areas:

•  Evaluate, analyse and review applications for the transfer of business between retirement funds;
•  Ensuring that legislation and the rules of funds are complied with when granting section 14 approval; 
•  Review and analyse applications for the withdrawal or amendment of approved section 14 applications and make recommendations to the Manager;
•  Assisting with the regulation of retirement funds in as far as section 14 transfers are concerned;
•  Deal with the administration and analysis of applications for extensions;
•  Identifying systemic risk to the industry and make necessary recommendations;
•  Assist with enquiries from administrators, funds and members (treat customers fairly);
•  Assisting the Manager and HOD with statistical / management reports;
•  Undertaking projects at the request of the Manager or the Departmental Head.

Other Key Competencies:

• The candidates must demonstrate the following skills and attributes: An excellent command of both spoken and written English and proficiency in the use of Microsoft Office and computerised workflow systems, report writing, numeric, verbal and analytical skills; The candidate must be able to plan independently and be deadline driven, ability to work effectively, independently and in a team be able and to learn from and transfer knowledge and skills to colleagues. A commitment to improving outcomes for members of retirement funds and their dependants and the energy, initiative, emotional intelligence and inter-personal skills required.

Closing Date: 18 August 2023