Job Description

Purpose of the Job:

The Markets, Issuers and Intermediaries Department of the FSCA is responsible for licensing and supervising market infrastructures (i.e. exchanges) operating in the South African financial markets in terms of the Financial Markets Act, 2012 (Act no 19 of 2012). The department has oversight responsibilities over public markets, authorised users and issuers. The person appointed to this position will be stationed in the Market Integrity and Decision Sciences Division and will report to the Senior Manager: Public Markets, Issuers and Authorised Users.

Key Performance Areas:

Assist in Identifying shortcomings and anomalies to the regulatory framework; Assist in proposing changes to the regulatory framework and assist the Department with the implementation of such changes; Assist to develop and maintain an effective and efficient supervisory framework within the context of the approved legislation; Assist with the monitoring of compliance with the provisions of the Financial Markets Act and subordinate legislation; Assist to plan and conduct inspections; Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the Specialist Analyst and the Manager; and Assist in conducting investigations regarding Market Infrastructures and to ensure that all relevant complaints are dealt with; Represent the organisation at relevant meetings of the market infrastructures; Apply risk assessments and risk management techniques.

Other Key Competencies

:



The applicant must demonstrate the following skills and attributes: strong analytical abilities, attention to detail, active listening, critical thinking, strong financial and numeracy skills, sound communication skills (verbal and written), ability to work in a team, and innovative and strategic thinking.



The FSCA is committed to increasing the representation of marginalised groups in line with its transformation strategy but all groups are welcome to apply. 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 bachelor's degree in commerce, Finance, Financial Markets, Mathematics or similar with working experience in the financial sector and/or the regulatory environment within the financial services industry. The candidate must also have basic understanding of financial markets, financial instruments, and the mechanics of Market Infrastructures. Basic knowledge of financial analysis and risk management is essential.

Closing Date: 30 July 2025