Key Performance Areas:

• Analyse annual financial statements and other statutory returns of Financial Services Providers to ensure that proper reporting standards have been followed;
• Liaise with Financial Services Providers on issues of non-compliance identified during analysis of statutory returns; 
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives; 
• Assess financial statements in line with the business model of Financial Services Providers; 
• Identify financial risks based on analysis of financial statements and any other financial information;
• Analyse problems identified by regulated entities or as a result of new innovations and recommend solutions;
• Support team members with analysis of other forms of financial reports;
• Perform on-site inspection in terms of risk-based supervision approach;
• Liaison with various stakeholders; and
• Assist the team with ad-hoc projects.

Requirements

• A Bachelor’s degree in commerce, law or related field with at least 3 to 4 years relevant experience of financial services industry or compliance management. The candidate must have good knowledge of Financial Advisory and Intermediary Act (FAIS Act), the Financial Sector Regulation Act, 9 of 2017 (FSR Act) and other relevant financial sector laws.