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...
Senior Specialist : Policy Support Department - Pretoria
To provide research and analysis on policy approaches and trends in relations to financial consumer behaviour, financial products and services, and financial inclusion. This could include the effects that psychological, social, cognitive, and emotional factors have on the behaviour of financial customers and financial institutions. To disseminate information to relevant departments within the FSCA and participate in developing the regulatory framework and supervisory approach to support the achievement of the FSCA’s mandate, including ensuring better customer outcomes in the financial sector. The person appointed to this position will report to the Departmental Head: Policy Support.
Key Performance Areas:
Support the development of a research strategy and protocol for the FSCA
Conduct research on trends in the financial sector industry, consumer behaviour, financial products and services, and other issues related to the regulatory responsibilities of the FSCA;
Disseminate research findings to support evidence-based regulation, inclusion and risk-based supervision;
Stay abreast of best practises and relevant domestic and international developments in the field of market conduct policy approaches; and Promote relationships with other local, regional and international agencies which have similar objectives as the FSCA.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: Problem analysis; good interpersonal skills and emotional intelligence; stakeholder relation skills; research skills; ability to design and execute research projects; ability to communicate clearly both verbally and in writing; ability to author complex documents; ability to manage, coordinate and prioritise projects and tasks; analytical skills and ability to think and operate strategically; ability to work under pressure; ability to work independently and in a team.
Requirements
A post-graduate degree in Economics, Development Economics, Social Sciences or Banking with at least 10 years’ experience in a research or policy environment. Knowledge and understanding of research methodologies, the financial services industry and financial products and services. Qualification, training or experience in behavioural economics will be an added advantage
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