Job Description

Purpose of the Job:

The Divisional Executive: Regulatory Policy is a strategic leadership and management role that supports and advises EXCO on the following, in relation to conduct practices of financial institutions, fair and efficient financial markets, and financial consumer protection:

Robust regulatory and supervisory frameworks Cross-agency research support i.e. to the front-line supervisors An appropriate approach to fintech innovation and sustainable finance Financial education strategy


The Regulatory Policy Division also oversees the FSCA's regulatory and supervisory approach towards consumer vulnerability, financial inclusion and transformation. The Division will be instrumental in how the FSCA adopts and implements the envisaged Conduct of Financial Institutions Act.

Key Performance Areas:

Strategic leadership and advising EXCO on matters within the Division's scope of responsibility and expertise. Maintain highest standards of good governance and financial management; and manage reporting and administrative obligations relevant to the Regulatory Policy Division, in line with corporate governance best practice and the FSCA's own policies and procedures Oversee and manage a dynamic and cross-discipline team in a high-pressure and collaborative environment. Provide a centre of excellence of market conduct policy, research and regulation, including fostering subject matter experts in different industry segments, as well as in relation to cross-cutting matters like sustainable finance, competition and emerging tech. Research emerging conduct trends and risks in product and financial markets. Develop policy and regulatory responses in line with international best practice. Oversee drafting of the conduct legislative framework, including Conduct Standards and Joint Standards, as well as interpretations and guidance for industry. Support the frontline Supervisors in developing supervisory approaches for new and emerging financial sector activities, as well as for newly developed law. Oversee development and implementation of FSCA's financial inclusion, transformation and sustainable finance strategies. Promote high impact financial education.


In doing so, the candidate will provide advice and thought leadership on the following:



Policy and regulation, as pertaining to traditional and emerging financial sector activities, with a deep knowledge of the local and international landscape, to make recommendations that support fair and sustainable market outcomes. Suitable regulatory approaches and how best to implement and demonstrate compliance with such in the interests of i) fair customer treatment and ii) fair and efficient markets. Suitable supervisory frameworks to be adopted by the Supervisors that take into account South Africa's unique experience and international best practice. How the FSCA can empower consumers to make more informed financial decisions that support their financial health. How the FSCA can empower entrepreneurs and small businesses to thrive in the financial sector. Suitably enabling and promoting fintech that supports competition and the economic well-being of households and businesses.


The candidate must demonstrate leadership skills and proven resource management abilities, knowledge of supervision, compliance monitoring or risk management of teams in a regulatory environment, solid understanding of the financial sector, various business models employed and the wide range of potential conduct issues.



The FSCA is committed towards 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.

A postgraduate qualification (NQF 8) in economics, development finance, law or similar relevant discipline. At least 10 years management experience in a financial sector regulator or financial institution, and a combination of experience in both may be an advantage.

Closing Date: 24 September 2025.