Specialist Analyst

About the position

To assist the department in ensuring that the approved authorised Financial Services Providers (FSPs) and their Compliance Officers comply with the Financial Advisory and Intermediary Services (FAIS) legislation
JOB DESCRIPTION 

• 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 company’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 onsite inspection in terms of risk-based supervision approach;
• Liaison with various stakeholders; and
• Assist the team with ad-hoc projects.
• Identify risks and challenges in the crypto industry.
• Track regulatory developments affecting crypto markets.
• Investigate crypto compliance breaches and report findings with recommendation

JOB 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. Knowledge and understanding of Crypto Assets Services Providers (CASPs) regulations and risk management is required.

Desired Skills:

• Communication skills
• Good interpersonal skills
• Problem analysis