Jobs at FSCA South Africa

Purpose of the Job:

• To provide leadership, plan, and manage a large Information and Communication Technology (ICT) Division with regards to ICT Governance, ICT risks and Compliance risks using best industry practices and standards, identify non-conformance and ensure remediation, mitigation and/or positive acceptance of risk. Ensure compliance of all ICT services with the Risk framework. Design, implementation and maintenance of the entity’s Disaster Recovery plans and Business Continuity provision. Work in collaboration with the Chief Risk Office to ensure management and compliance of ICT risks across the organisation. This role will report to the Departmental Head of the ICT Governance, Risk and Compliance.

Key Performance Areas:
ICT Risk Management and Compliance

• Lead and monitor the internal control self-assessments / audits in order to ensure compliance at all times with approved policies 
•    and procedures.
• Identify, evaluate, and assess both strategic and operational risks related to ICT.
• Monitor and manage the action plans on the risk registers.
• Perform periodic risk assessments in relation to ICT processes.
• Ensure governance programs are in compliance with relevant laws, regulations and policies to minimize or eliminate risk and audit findings. 
• Ensure that ICT staff understand their role in risk management and compliance and track and monitor ICT compliance initiatives.

ICT Governance

• Develop and implement the ICT governance, risk and compliance strategy and roadmap in line with enterprise strategic objectives, 
•   corporate governance, business continuity management and ICT disaster recovery.
• Develop and implement the ICT governance framework and ensure business and ICT strategic alignment by effective management of 
•   business demand and IT supply.
• Develop and implement internal policies, standards, procedures and business plans.
• Provide ICT governance related advice and support to FSCA. 
• Plan and coordinate ICT governance, risk and compliance related training and awareness.
• Participate in any project-related work to address technologies compliance.

Relationship Management

• Liaise with internal stakeholders to align technology solutions with business strategies.
• Communicate governance objectives and create enterprise-wide awareness.
• Develop relationships with business units to support enterprise-wide risk management objectives, influence key stakeholders and jointly 
•   develop effective risk management initiatives.

People Management 

• Manage a team of project managers, project administrators and testing specialists for results towards organisational programme     and project delivery.
• Drive organisational results by managing virtual teams, i.e., internal executives and executives from regulated entities.
• Ensure existence of Personal Development Plans (PDP) for self and team members and that development and training is attended in line with PDPs.
• Conduct bi-annual performance appraisals and draw up training needs for the department.
• Align and motivate staff.  Recruit, appoint and retain competent staff.  
• Ensure that staff adheres to FSCA policie.

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: Can work effectively under pressure with multiple stakeholders and in a professional manner. Have forward- looking and strategic minder, with an in-depth ability to understanding potential risks, legal and compliance implications.  Possess good knowledge of risk areas including regulatory, operational, information technology risk and industry specific legalities..  Must have great attention to detail, think analytically, be an active listener with critical thinking skills.  Must have an excellent communication skill (verbal and written) and apply innovative and strategic thinking.
• 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

• A bachelor’s degree in computer science or information Technology (IT) or Risk Management.
• A post graduate qualification, knowledge and understanding of the financial services industry and / or financial services regulation wil be an added advantage.  
• A minimum 8 years’ experience working in the Governance, Risk and Compliance environment; of which 5 years must be at a management level. Solid competency and track record in governance, risk management and compliance.

Closing Date: 21 July 2023

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Purpose of the Job: 

• 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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Purpose of the Job:

To assist in the management and supervision of the activities of the Alternative Investment industry and to monitor Alternative Investment  compliance with the provisions of the applicable Alternative Investment legislation within the framework of the objectives of the department. 

The person appointed to this position will report to the Manager.

Key Performance Areas:

• Identify and propose changes to regulatory framework and assist the department with implementation of such changes;
•  Assist to develop and maintain an effective and efficient framework for supervision of the Alternative Investment industry   within the context of the approved legislation; 
•  Assist with investigations of all complaints relating to unregistered Alternative Investment business;
•  Assist with oversight and monitoring of compliance to approved legislation by Alternative Investment managers; 
•  Ensure that all complaints regarding Alternative Investment are dealt with in terms of the applicable guidelines; 
•  Compile reports for all relevant stakeholders; 
•  Assist with projects identified by the manager; and
•  Perform administrative and other activities relating to the Investment Providers Department’s Alternative Investment functions.

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: Problem analysis, judgement, information gathering, oral and written communication skills, good interpersonal skills and ability to work in a team. Good computer skills (MS Office)

Closing Date: 21 July 2023

Requirements

• A Bachelor’s degree in Commerce, Law, Business Science or related degree with at least 1-year experience in investment/corporate banking,  corporate finance or the asset management industry. Some experience with the transactional aspects of the Alternative Investment industry, 

risk and/or audit within a treasury or banking environment will be an added advantage