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Senior Analyst
4 months ago
**Purpose of the Job**:
The department is accountable for supervising the business conduct of micro insurers and other financial services entities
operating in the “micro” or “access product” space. The person appointed in the role will be expected to assist the department
to monitor compliance with the provisions of the Financial Sector Regulation Act, 9 of 2017 (FSR Act) and other relevant
financial sector laws to ensure a sound and efficient micro institutions industry. The person appointed to this position will report
to the Manager: Micro and Access Product Institutions.
**Key Performance Areas**:
- Assist the Manager and Departmental Head 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;
- Assist the Manager and Departmental Head by recommending and implementing changes to the regulatory framework and policy within the FSCA;
- 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;
- Liaise with micro institutions on issues of non-compliance identified during analysis of statutory reports;.
- Conduct research, coordinate and manage project based activities, and provide support to the Micro and Access Product Institutions team;
- Assist the Manager and Departmental Head in establishing, implementing and maintaining proper quality management and control procedures in the department;
- Assist the Manager and Departmental Head in preparing and providing inputs to all statutory and supervisory reports;
- Liaise with internal and external stakeholders in respect of regulatory and supervisory matters;
- Actively participate in and contribute to industry and FSCA committees as and when required;
- Perform administrative and other supervisory activities delegated by the Manager and Departmental Head.
**Other Key Competencies**:
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. Persons with_
- disabilities are encouraged to apply._
A Bachelor’s degree in Commerce/Law or related field, coupled with at least 3 years’ work experience, preferably in the financial services
industry and in compliance management. A good knowledge and understanding of micro institutions and access products in the financial sector