Strategic Financial Services Compliance Specialist

3 days ago


Pretoria, Gauteng, South Africa FSCA South Africa Full time
Job Title

A Strategic Financial Services Compliance Specialist role is available in the Investment Providers Department at FSCA South Africa.

About the Role

The successful candidate will be responsible for analysing annual financial statements and other statutory returns of Financial Services Providers to ensure that proper reporting standards have been followed.

  • Analyse annual financial statements and other statutory returns of Financial Services Providers to ensure that proper reporting standards have been followed;
  • Liaise with Financial Services Providers on issues of non-compliance identified during analysis of statutory returns;
  • Identify and report trends in the financial services sector with possible impact on the FSCA's regulatory objectives;
  • Assess financial statements in line with the business model of Financial Services Providers;
  • Identify financial risks based on analysis of financial statements and any other financial information;
  • Analyse problems identified by regulated entities or as a result of new innovations and recommend solutions;
  • Support team members with analysis of other forms of financial reports;
  • Perform on-site inspection in terms of risk-based supervision approach;
  • Liaison with various stakeholders;
  • Assist the team with ad-hoc projects.
Requirements

To be considered for this role, applicants must possess a Bachelor's degree in commerce, law or related field with at least 3 to 4 years relevant experience in the financial services industry or compliance management.

  • A Bachelor's degree in commerce, law or related field with at least 3 to 4 years relevant experience in the financial services industry or compliance management;
  • Good knowledge of Financial Advisory and Intermediary Act (FAIS Act), the Financial Sector Regulation Act, 9 of 2017 (FSR Act) and other relevant financial sector laws;
  • Accounting/Financial Services jobs.
Salary Information

The estimated salary for this role is R850,000 - R1,200,000 per annum, depending on experience and qualifications.



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