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  • Posted: Jun 22, 2023
    Deadline: Not specified
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  • 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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    Business Continuity Manager - Governance, Risk And Assurance

    Purpose of the Job: 

    • To define, manage the ongoing daily Business Continuity Management (BCM) activities within the FSCA. The role also includes the implementation of the BCM strategy and BCM policy across departments and business units. The person appointed to this position will report to the Senior Manager: Governance Risk Assurance.

    Key Performance Areas:

    • To provide assurance on the FSCA’s capability to protect its business interest by minimising the impact of significant incidents or disruptions.
    • Establish responsibility and accountability for BCM crisis management and ensure that appropriate incident management structures are in place.
    • Facilitate and coordinate the development of Business Continuity Plans.
    • Continuously assess the environment and identify potential business interruptions, develop mechanisms to safeguard against these interruptions and implement recovery procedures.
    • Facilitate the execution of annual Business Impact Assessments including annual environment threat and risk assessments to ensure the Business Continuity responses remain relevant.
    • Continuously liaise with the ICT Disaster Recovery function to ensure business and ICT recovery is aligned.
    • Assist in the preparation of the BCM budget and manage the expenditure thereof.
    • Direct, train, motivate and align all FSCA staff and, the departmental BCM champions and administrators to adhere to the FSCA BCM policies and procedures and to meet the objectives  of the respective systems and comply with BCM standards.
    • Communicate recovery environment requirements and contingency plans associated with the FSCA’s Divisions and Departments.
    • Develop BCM policies, frameworks, guidelines and plans and monitor compliance of these.
    • Ensure appropriate Incident Response structures and procedures are maintained and implemented to manage business interruptions in a properly coordinated manner.
    • Ensure that all technical components of the Business Continuity Plans are successfully tested annually or whenever significant changes are made to those components and document results of all tests and exercises with the purpose of implementing recommended enhancements to the Business Continuity Plans and Procedures.
    • Coordinate electronic access to, and hard copy distribution of, the Business Continuity Plans and Procedures and administer contracts and service agreements with Business Continuity service providers. 

    Other Key Competencies:

    • The candidate must demonstrate the following skills and attributes: Good interpersonal and emotional intelligence skills; computer literacy; ability to work effectively under pressure individually and as a team; 
    • effective communication (verbal and written) skills; advance report writing skills with attention to high quality standards; Analytical skills; Ability to think innovatively and strategically; and not limited administrative skills.  
    • 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

    • An appropriate bachelor’s degree in Commerce, Risk Management Computer Science/ IT with at least 5 – 7 years’ experience in the Business Continuity management field. 
    • Professional qualification in Crisis Management, Business Continuity or Risk Management is advantageous (e.g. CBCI, AMBCI, MBCI, MBCP, CBCP, ISO 22301 Lead Implementer) will be advantageous. 

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    Specialist Actuarial Analyst - Actuarial Services Department

    Purpose of the Job:

    • To provide actuarial analysis and formal recommendations on returns submitted in terms of the Pension Funds Act, 1956, as well as providing actuarial support relating to market conduct of financial institutions. The person appointed to this position will report to the Manager: Actuarial Services.

    Key Performance Areas:

    • Reviewing and analysing the following, including making recommendations:
    • Valuation exemption applications
    • Statutory actuarial valuation reports
    • Surplus applications
    • Stakeholder complaints
    • 15E, 15J and 15K applications
    • Providing support to other Departments within the FSCA, in particular the Pensions Division;
    • Involvement in ad hoc projects;
    • Assisting the Manager and HOD with management reports; and
    • Dealing with various actuarial correspondence, extension requests and other administration.

    Other Key Competencies:

    • The candidate must demonstrate the following skills and attributes: A high level of judgement, effective communication skills; the ability to analyse problems, the ability to gather information; the ability to manage projects; be able to interact effectively with senior staff/ industry partners and stakeholders; and to organise, lead and motivate a team in order to meet individual and group goals; ability to work effectively under pressure whilst retaining an emphasis on quality.

    Requirements

    • An actuarial student who has obtained an appropriate Bachelor’s Degree in Actuarial Science and who is actively pursuing their studies and who has passed the A100 and A200 series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects. 
    • The student must have at least 5 years’ working experience. Must have working knowledge of the Pension Funds Act and related regulation. 
    • A FASSA qualification will be advantageous.

    Method of Application

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