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  • Posted: May 7, 2025
    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...

     

    Security Engineer : Assurance ICT Security Office

    Key Performance Areas:

    • Coordinate the annual information and cyber security assurance, control self-assessments and security penetration testing.
    • Ensure that the identity governance and access administration (IAM) solution performs in line with the service level commitments.
    • Ensure that the data loss prevention (DLP) solution performs in line with the service level commitments.
    • Manage and maintain identity threat protection and intrusion prevention solutions, and ensure that they function optimally.
    • Prepare monthly reports on ICT security events, incidents, breaches and policy or process violations in line with the response plans (CSIRP and CMP).
    • Prepare monthly operational reports on ICT security and risks, for presentation at management committees.
    • Coordinate the review of ICT security policies, standards and procedures in line with industry frameworks.
    • Ensure that ICT security risk register, and mitigation plans are updated quarterly or as required.
    • Coordinate the information requests for governance, assurance, audit and control assessments.

    Requirements

    • A diploma/degree or equivalent in Computer Science or Information Technology, and relevant information security certification such as ISO/IEC 27001 Lead Implementer, ISC2 SSCP or ISACA CISM are preferred.
    • A minimum of 3 years of experience in information security, with a focus on information or cyber security assurance, governance and security risk management are required.
    • Knowledge of industry regulations and frameworks including but not limited to the ECT Act, POPI Act, ISO/IEC27001, NIST CSF, COBIT and understanding of ICT security policies, standards and procedures advantageous.
    • Strong technical knowledge and experience with Linux based operating systems (i.e redhat, centos or debian based) is required.

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    Senior Analyst Supervision: Banks and Payment Providers Department

    Key Performance Areas:

    • Monitor compliance with legislation to ensure sound and efficient Financial Services Industry and the protection of consumers.
    • Liaise with the Banks and Payment Providers industry stakeholders.
    • Identify and report trends through research in the Banking and Payment Providers sector with possible impact on the FSCA’s regulatory objectives.
    • Conduct on-site inspections in terms of the risk-based supervision approach and report on the outcomes of such visits.
    • Analyze compliance reports data (qualitative and/or quantitative) of Banks and Payment Providers.
    • Perform administrative or other activities including proficient report writing relating to the supervision of Banks and Payment Providers.

    Requirements

    • Bachelor’s degree in commerce, Law, Banking, Auditing, or other relevant discipline with at least 3-4 years working experience within the financial services industry.
    • The candidate must have a good knowledge and exposure to the financial sector, a good understanding of the Financial Sector Regulation Act, Banks Act of 1990 and other related acts.

    Method of Application

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