KEY PERFORMANCE AREAS:

• Monitor compliance with legislation to ensure sound and efficient Financial Services Providers and the protection of consumers;
• Analyse financial statements and compliance reports of Banks and Payment Providers;
• Identify and report trends in the financial services sector with possible impact on the FSCA’s regulatory objectives;
• Conduct on-site and off-site inspections in terms of the risk-based supervision approach and report on the outcomes of such inspections;
• Liaise with the Banks and Payment Providers industry stakeholders; and
• Perform administrative or other activities relating to the supervision of the Banks and Payment Providers.

To effectively regulate and supervise the Banks and Payment Providers, to protect the interest of consumers and to ensure a sound regulatory environment. The person appointed in this position will report to the Manager: Banks and Payment Providers.