Purpose of the Job:

To assist the department with the processing of new license applications, variation of licenses, auditor appointments and removals, compliance officer approvals and removals as well as the performance of any other licensing-related functions and activities. The person appointed to this position will report to the Manager: Licensing.

Key Performance Areas:

• Analyse and recommend approval or decline of all applications submitted for authorisation (including concurrence granting) in respect of Financial Services Providers, Collective Investment Schemes, Collective Investment Schemes  management companies, Retirement Funds Benefit Administrators, Insurers, banks, Cooperative Financial Institutions, Compliance Officers as well as any related requests;
• Project management and report writing;
• Analyse and recommend approval or decline of applications by foreign entities residing outside of South Africa;
• Assist in ensuring that only fit and proper individuals, directors of companies, members of close corporations and sole proprietors are approved in management structures of authorised entities.

Requirements:

• An LLB or B Comm Degree or equivalent with 0 to 1 year relevant experience, preferably in the FAIS and/or Insurance environment; sound knowledge and experience, regarding the functioning of the financial services industry, the various role-players and/or the regulatory environment; sound technical understanding of the workings of the banking and/or insurance and/or retirement funds industries.

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis, information gathering, communication skills (verbal and written), good interpersonal skills and emotional intelligence, customer relations and persuasiveness skills.

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.