Manager Member Supervision

Introduction

To ensure regulatory compliance of JSE members through managing the processes of authorisation, approvals, onsite reviews, capital adequacy as well as overseeing the JSE role in assisting the FSCA (Financial Services Conduct Authority) in discharging their supervisory obligation in respect of the FICA (Financial Intelligence Centre Act). Duties & Responsibilities

1. Staffing and Team Development

• Manage and develop direct reports to ensure they are appropriately skilled. • Provide continuous training, coaching, and development opportunities. • Set performance objectives and monitor achievement. • Ensure performance agreements are completed on time. • Provide ongoing direction and performance feedback to the team. 2. Member Firm Reviews

• Develop and manage the annual review/audit plan. • Oversee on-site reviews of member firms' compliance with the Act and JSE Rules. • Identify and assess high-risk areas within equities and derivatives markets. • Review member firms' FICA and AML compliance processes. • Manage the reporting process and approve review reports. • Ensure findings are communicated and understood by member firms. • Oversee follow-up reviews to confirm corrective actions have been implemented. 3. Capital Adequacy Management

• Manage the Capital Adequacy (CAPAD) process for equities and derivatives members. • Ensure member firms maintain sufficient capital relative to risk exposure. • Monitor compliance with JSE Rules, directives, and capital requirements. • Implement and oversee monitoring methodologies to minimize CAPAD breaches. • Ensure capital shortfalls are addressed appropriately and timeously. 4. Stakeholder Engagement

• Maintain professional relationships with member firms, regulators, and stakeholders. • Promote the JSE's reputation as a trusted and respected regulator. • Assess stakeholder feedback regarding service quality and professionalism. • Ensure all interactions align with JSE values and standards. 5. Membership Applications, Authorisations and Approvals

• Manage new membership applications in the equities and derivatives markets.
• Oversee applications for registrations, approvals, extensions, and changes in control.
• Ensure timely responses to member firms and applicants.
• Manage interactions with stakeholders and internal departments.
• Coordinate evaluations and approvals to ensure compliance with JSE Rules and Directives.
• Ensure continuity of application processing within the team.

Desired Experience & Qualification

Qualifications

• Relevant BCom Degree or Higher Diploma in a related field such as:
• Internal Audit
• Forensics
• Accounting
• Other relevant Financial Services disciplines

• CA(SA) qualification is advantageous Experience

• 4 to 6 years' Audit experience in a relevant:
• Audit environment
• Financial Services environment
• Stockbroking environment
• Capital Markets environment

• Minimum of 3 years' experience managing a team.