New Jobs at FSCA South Africa

Key Performance Areas

• Provide support in the implementing and administering of the CRS Act, Conduct Standard - Requirements relating to the provision of a benchmark and any other subordinate legislation.
• Initiate and conduct routine market conduct on-site inspections of CRAs and FBA in terms of the Risk-Based Supervision approach.
• Review and recommend for approval or refusal of applications for licence, amendments, exemptions, and outsourcing arrangements for CRAs, and assist the licencing division in the review of applications for license for FBAs.
• Conduct relevant research to improve the standard of regulation in line with national and international developments and requirements.
• Participates in and contributes to discussions regarding possible regulatory and policy direction on the regulation and supervision of CRAs and FBAs.
• Represent the department at relevant internal and external meetings, committees, and forums in line with stakeholder engagement plan.
• Assist in the compilation of routine reports and commentaries within the set timelines.

Other Key Competencies

• The applicant must demonstrate the following skills and attributes: strong analytical abilities, attention to detail, critical and innovative thinking, strong financial and numeracy skills, excellent communication skills (verbal and written), ability to work as part of a team as well as independently. The candidate must be confident, decisive and approach all tasks in a diligent and professional manner.
• The FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy. 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 finance, economics, accounting, or law with at least 5 years of experience in the financial sector and/or the regulatory environment within the financial services industry. Good knowledge and/or experience of the functioning of the financial markets, credit rating services or financial benchmarks will be an added advantage.

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Key Performance Areas:

• Assist National Treasury with the development, drafting and reviewing of primary legislation pertaining to the FSCA, including the necessary amendments thereof;
• Assist with the management of draft legislation to and through Parliament, and provide guidance and support to the organisation when Acts are being implemented;
• Review regulatory instruments, when requested, from a constitutional and administrative law perspective;
• Assist with the development of the annual legislative programme for the FSCA;
• Liaise and attend meetings with National Treasury and other stakeholders on the development of any legislation affecting the mandate of the FSCA;
• Provide legal advice and opinions on legislative matters affecting the FSCA including on the interpretation of legislation administered by the FSCA;
• Keep abreast of the legislative landscape nationally and identify pieces of legislation and provisions that may have an impact on financial services legislation and provide the necessary guidance to the organisation.

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: High integrity; excellent judgment; skills necessary to deal with people at Executive and various other levels, and the ability to work in a multi-disciplinary and stressful environment.
• 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 LLB degree, with about 10 years continuous post admission experience with at least five years in the drafting and interpretation of legislation, including subordinate legislation. Experience in and knowledge of Constitutional and Administrative law and/or financial sector law.
• Experience in stakeholder management, general management experience and the ability to interact at very senior levels will be necessary. Parliamentary experience is recommended. The completion of a Legislation drafting course will be an advantage.