South Africa


Reference # FSCA 985
Published 09/05/2022
Contract Type Permanent
Salary Market Related
Location Pretoria, Gauteng, 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 Functions Administration,Compliance & Regulatory Affairs
Industries Regulatory
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 ad hoc tasks;
•Perform on-site inspections on retirement benefit administrators to ensure compliance with pension fund legislation and produce reports on findings or observations.
•Assist team members with planning for 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.

Enquiries regarding the post should be made with Mr. Andy Raphahlela at 012 428 8010.

A Bachelor of Commerce or Law degree with at least 3- 5 year’s working experience in the retirement funds industry. 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. An industry related qualification or a compliance and risk background will be an added advantage.
Job Closing Date 17/05/2022
Share on
Last Updated: 16-3-2022 []
Webserver: SkillsMap (08)