JUNIOR ANALYST : MICRO AND ACCESS PRODUCT INSTITUTIONS DEPARTMENT

at  FINANCIAL SECTOR CONDUCT AUTHORITY

KEY PERFORMANCE AREAS:

• Assist the Manager in the development and implementation of an effective and efficient conduct of business supervisory framework for micro institutions, based on the Treating Customers Fairly (TCF) approach;
• Liaise with internal and external stakeholders in respect of regulatory and supervisory matters;
• Monitor compliance with legislation and ensure that unfair treatment of customers by Micro and Access Product institutions is attended to;
• Responsible for coordinating and conducting on-site inspections, and ensure that matters emanating from the inspections are attended to timeously;
• Assist the Manager in establishing, implementing and maintaining proper quality management and control procedures in the department;
• Assist the Manager in preparing and providing inputs to all statutory and supervisory reports;
• Actively participate in and contribute to industry and FSCA committees as and when required;
• Assist the department with projects that the department is working on; and
• Perform administrative and other supervisory activities delegated by the Manager.

The department is accountable for supervising the business conduct of micro insurers and other financial services entities operating in the “micro” or “access product” space. The person appointed in the role will be expected to assist the department to monitor compliance with the provisions of the Financial Sector Regulation Act, 9 of 2017 (FSR Act) and other relevant financial sector laws to ensure a sound and efficient micro institutions industry. The person appointed to this position will report to the Manager.