South Africa


Reference # FSCA : 604
Published 17/02/2021
Contract Type Permanent
Salary Market Related
Location Pretoria, Gauteng, South Africa
To advise the Market Infrastructures and OTC Derivatives Providers internally on a wide range of practices, conduct and concerns affecting the industry and allied activities. The person appointed to this position will have a direct reporting line to the Manager: Market Supervision.

Job Functions Compliance & Regulatory Affairs
Industries Regulatory
•Identify shortcomings and anomalies to regulatory framework and subordinate legislation;
•Assist the Department with the analysis and assessment of conduct of market on financial markets legislation;
•Assist with the reform of financial markets legislation to reflect operating realities as the need arises;
•Consider and advise the Department on proposed amendments to the listing requirements and rules of the market infrastructures;
•Assist the Department to maintain an effective framework for supervision of Market Infrastructures and Over-the-Counter Derivatives Providers (ODPs);
•Assist in the supervision and the monitoring of compliance with financial markets legislation, regulations and the rules of the market infrastructures;
•Represent the Authority at relevant meetings of the Market Infrastructures;
•Liaise with and render appropriate regulatory guidance to stakeholders after consultation with the Manager and Head of Department.

Other Key Competencies:
The candidate must demonstrate the following skills and attributes: strong analytical abilities, attention to detail, leadership skills, active listening, critical thinking, financial and numeracy skills, excellent communication skills (verbal and written) and innovative and strategic thinking, good understanding of complex financial instruments, including derivatives, demonstrate an understanding of operational and quantitative risk management, excellent project management skills, detailed understanding of the regulatory framework, excellent report writing skills, decisive and confident, approaching all tasks in a professional manner.

The FSCA is committed to 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 business, accounting or mathematics degree or similar, with at least 4 to 6 years relevant experience, preferably in finance, risk management, audit or management consulting role within the South African Capital Markets Industry, finance or related commerce. Experience within a financial markets environment, investment banking, structured finance or similar will be a distinct advantage. An ability to understand complex financial instruments and processes including derivatives, bonds, equities and foreign exchange and the risks associated with these instruments would be desirable. Solid experience in the monitoring of corporate governance frameworks including experience in establishing and maintaining professional relationships with internal and external stakeholders and other professionals (auditors and risk specialists), demonstrable experience in reporting on business plans and assessing general performance is preferred. A Master’s degree would be an added advantage.

Job Closing Date 26/02/2021
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