Junior Analyst Retirement Funds Conduct Supervision Department
Pretoria, Gauteng, South Africa
Job Description
Purpose of the Job:
To regulate and supervise retirement funds and benefit administrators through monitoring compliance with the Pension Funds Act, Regulations, Board Notice 24 of 2002, Directives and FSCAxe2x80x99s policy to safeguard the interest of both the members of retirement funds and retirement fund benefit administrators. The person appointed to this position will report to the Manager.
Key Performance Areas:
- Monitor compliance with legislation to ensure sound and efficient retirement funds and benefit administrators and to ensure the protection of consumers;
- Analyse annual financial statements of retirement fund benefit administrators to ensure that proper reporting standards and procedures have been followed;
- Analyse compliance reports and annual reports on retirement fund benefit administrators;
- Liaise with retirement funds and benefit administrators on issues of non-compliance identified during desktop reviews, inspections and the analysis of compliance and annual reports;
- Support team members with the analysis of regulatory returns;
- Assist the Manager with projects and other ad hoc tasks;
- Perform on-site inspections in terms of a risk-based supervision approach;
- Produce on-site inspection reports on retirement funds and benefit administrators;
- Assist the team with planning and on-site inspections;
- Liaison with industry stakeholders; and
- Perform administrative or other activities relating to the regulatory framework.
Other Key Competencies:
Candidates must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis; information gathering; report writing; communication skills; good interpersonal skills and emotional intelligence; attention to detail; customer relations and persuasiveness skills.
FSCA is committed towards increasing the representation of marginalised groups in line with its
Employment Equity Plan. 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 of Commerce or Law degree with applicable working experience. Good knowledge and exposure to the Pension Funds Act and the industry will be an added advantage. Closing Date: 13 November 2023
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Job Detail
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Job IdJD1272851
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationPretoria, Gauteng, South Africa
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EducationNot mentioned