FINANCIAL SECTOR CONDUCT AUTHORITY Recent Job Recruitment

Posted on :

19 Oct, 2021

Category :

Administrative Jobs in South Africa, Analyst Jobs in South Africa

To regulate and supervise retirement fund benefit administrators through monitoring compliance with the Pension Funds Act, Regulations, Board Notice 24 of 2002, Directives and FSCA’s 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

 

 

 

 

Job Title: ANALYST INSURERS & RETIREMENT FUND BENEFIT ADMINISTRATORS SUPERVISION
Location: Pretoria, Gauteng, South Africa
Reference #: FSCA 805
Contract Type: Permanent
Salary: Market Related

Job Summary:
Key Performance Areas:
•Monitor compliance with legislation to ensure sound and efficient retirement fund benefit administrators and 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 fund benefit administrators on issues of non-compliance identified during the analysis of compliance reports 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 fund 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:
The candidates must demonstrate the following skills and attributes: A high level of judgment, confidence and decisive approach; problem analysis; information gathering, good communication and interpersonal skills and must be persuasive. The person must be computer literate.

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.

Requirements:
A Bachelor of Commerce or Law degree with at least 2 to 3 year’s working experience. The candidate must have knowledge and exposure to the retirement fund benefit administration industry and an understanding of section 13B of the Pension Funds Act, 1956 and Board Notice 24 of 2002. Knowledge of the pension fund industry will be an added advantage.

To Apply:

Click Here!

Application Deadline: 25/10/2021


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