FINANCIAL SECTOR CONDUCT AUTHORITY Current Job Opportunity

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To regulate and provide specialist advice and guidance in the supervision of retirement fund benefit administrators. To investigate market conduct issues and assist in the implementation of risk-based supervision, monitor compliance with the Pension Funds Act, Regulations, Board Notice 24 of 2002, Directives and general 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: SPECIALIST ANALYST INSURERS & RETIREMENT FUND BENEFIT ADMINISTRATORS SUPERVISION
Location: Pretoria, Gauteng, South Africa
Reference #: FSCA 984
Contract Type: Permanent
Salary: Market Related

Key Performance Areas:
•Assist with the development of a regulatory framework and 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 and annual reports of benefit administrators;
•Liaise with retirement fund benefit administrators on issues of non-compliance;
•Support team members with the analysis of regulatory returns and planning for on-site inspections;
•Assist the Manager with projects and ad hoc tasks;
•Manage and perform on-site inspections on retirement benefit administrators to ensure compliance with pension fund legislation and produce reports on findings or observations.
•Liaise with industry stakeholders and manage complex complaints and queries and provide technical guidance to benefit administrators and team members.

Other Key Competencies:
The candidates must demonstrate the following skills and attributes: A high level of judgment, confidence and decisive approach; problem analysis; report writing skills, good communication and presentation skills, sense of urgency and persuasiveness. 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.

Requirements:
A Bachelor of Commerce or Law degree with at least 5 year’s relevant working experience, preferably 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.

To Apply:

Click Here!

Application Deadline: 13/05/2022

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