Specialist Analyst

8 hours ago

Pretoria, South Africa Financial Sector Conduct Authority Full time

**Purpose of the Job**:
To supervise retirement funds through the conduct of supervisory on-site inspections. These investigations assist the Conduct Authority to gain insight on the operations of the fund; to detect and measure conduct risks associated with the operation of the fund and its office bearers; and to identify the extent of the fund’s compliance with the law, especially as it relates to fair outcomes for its members and beneficiaries. The person appointed to the position will report to the Manager.

**Key Performance Areas**:

- Demonstrate sound knowledge relevant to the employee’s work, including applicable law, the nature of the various types of retirement funds and the risks associated with the governance, management and operation of those funds and providers of products and services to them.
- Work with colleagues to identify and evaluate such risks and formulate and revise strategies for risk-based supervision, implement them, report in writing on incidents of material non-compliance and make recommendations on the steps, if any, that should be taken regarding those incidents.
- Conduct on-site inspections and desktop reviews on funds to address any non-compliance with financial sector laws.
- Make recommendations after the completion of a report or other document detailing findings to the organisation, to fund office-bearers and others with an interest in the business of retirement funds on ways to remedy problems identified in the course of surveillance by this office and ways to improve the conduct and performance of retirement funds for the benefit of their members and other stakeholders;
- Attend to complaints, referrals from other departments, unclaimed benefit projects, arrear contributions projects, reportable irregularities and any other projects as assigned by the manager or the Head of Department for the advancement of the supervisory mandate of the department or the Conduct Authority; and
- Fulfil such other duties as may reasonably be assigned to from time to time, considering the nature of the work, skills and experience and the needs of the Conduct Authority.

**Other Key Competencies**:

- FSCA is committed to increasing the representation of previously marginalised groups, including persons with disabilities, in line with its Employment Equity Plan._

A Bachelor of Commerce or LLB degree degree with at least 5 years’ experience. Experience in the retirement funds industry and/or financial sector would be an added advantage.

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