SPECIALIST ANALYST RETIREMENT FUNDS CONDUCT SUPERVISION DEPARTMENT

To monitor compliance by retirement funds, benefit administrators and other persons responsible for the collection of contributions due to retirement funds to ensure compliance by them with all laws to which they are subject to, including, but not limited to, the Pension Funds Act and regulations, notices and directives issued in terms of that act, the rules of the funds, and the conditions in ter Job Description Purpose of the Job:To monitor compliance by retirement funds, benefit administrators and other persons responsible for the collection of contributions due to retirement funds to ensure compliance by them with all laws to which they are subject to, including, but not limited to, the Pension Funds Act and regulations, notices and directives issued in terms of that act, the rules of the funds, and the conditions in terms of which administrators and contributions collectors are authorised to render services to retirement funds.To investigate market conduct issues and assist in the implementation of risk-based supervision; To analyse financial statements submitted by benefit administrators and make recommendations;To make recommendations to the boards and principal officers of retirement funds, and representatives of fund administrators and others on ways to remedy problems identified;To fulfill such other duties as may reasonably be assigned from time to time, taking into account the nature of his or her work, skills and experience and the needs of the FSCA; andThe person appointed to this position will report to the Manager.Key Performance Areas:•Assist with the development of a regulatory framework and monitor compliance with legislation to ensure sound and efficient retirement fund industry and the protection of consumers;•Analyse annual financial…