Junior Analyst : Micro and Access Product Institution Department

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 the Financial Sector Act 2017 (FSRA).Key Performance Areas:

Assist the Manager in the development and implementation of an effective and efficient conduct of business supervisory framework for micro institutions, based on the Treating Customers Fairly (TCF) approach;

Liaise with internal and external stakeholders in respect of regulatory and supervisory matters;

Monitor compliance with legislation and ensure that unfair treatment of customers by Micro and Access Product institutions is attended to;

Responsible for coordinating and conducting on-site inspections, and ensure that matters emanating from the inspections are attended to timeously;

Assist the Manager in establishing, implementing and maintaining proper quality management and control procedures in the department;

Assist the Manager in preparing and providing inputs to all statutory and supervisory reports;

Actively participate in and contribute to industry and FSCA committees as and when required;

Assist the department with projects that the department is working on; and

Perform administrative and other supervisory activities delegated by the Manager.

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis, information gathering, communication skills, good interpersonal skills and emotional intelligence, customer relations and persuasiveness skills and must be computer literate.

FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan.

Requirements

A Bachelor's degree in Commerce/Law or related field, coupled with at least 0-1-year work experience, preferably in the financial services industry. A good knowledge and understanding of micro institutions and access products in the financial sector is required.