Enforcement Analyst (Investigations Officer)

To apply, click on the link at the end of the posts and all the best with your applications.

isting reference: jse_000570

Listing status: Online

Apply by: 2 February 2025

Position summary

Industry: Financial Services

Job category: Banking, Finance, Insurance. Stockbroking

Location: Sandton

Contract: Permanent

Remuneration: Market Related

EE position: Yes

About our company

WHY JOIN THE JSE?  The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

To identify, assess and investigate potential breaches of the JSE Listings Requirements and to take the appropriate and swift action in terms of the Financial Markets Act to assist in building the reputation of the JSE as a credible, well regulated exchange. In addition, the objective of the role is to actively enforce the Listings Requirements through various disciplinary tools employed to achieve our regulatory objectives and to promote a high standard of regulatory conduct by deterring non-compliant regulated parties from committing further breaches and thereby helping to deter other parties from committing similar breaches. Demonstration of the consequences of non-compliant behaviour contributes to a credible marketplace for the protection of investors in order to meet the strategic objectives of the JSE.

Job description

Process Management

• Compile high quality correspondence which is detailed, accurate, coherent and structured at all times
• Follow a fair and objective investigation process of alleged breaches of the Listings Requirements, Admin Law and Financial Markets Act to prevent legal action against the JSE and develop processes against best legal practice to ensure that investigations are procedurally fair and technically secure
• Deal with and enforce sanctions, objections and appeals from clients in relation to the decision taken by the unit in a manner which is procedurally fair, thorough and systematic to ensure that decision makers have all the information to make the correct decision
• Communicate complex arguments confidently and eloquently in presenting a matter at sanctions and objections meetings or internal/external meetings/discussions and ensure that the matter is thoroughly researched and investigated to assist the members to make an informed decision
• Examine (whether through collaboration or analysis) legal opinions to ensure integrity of the listed regulatory environment and application of the Listings Requirements and applicable laws and lead discussions with management on the appropriateness and application of the legal principles
• Maintain meticulous information records of all communication, discussions and correspondence relevant to an investigation
• Identify inefficiencies and any obstacles to achieving processes or outcomes, in pursuance of meeting the divisional business objectives

Results Delivery

• Identify, assess and conduct a full investigation of all alleged breaches of International Financial Reporting Standards (IFRS) the Listings Requirements and take the appropriate action in a fair, thorough and objective manner whilst adhering to due investigative process which adheres to the Constitutional and legislative requirements of a fair and just administrative process
• Regulate the JSE listed environment by enforcing appropriate actions against regulated parties in a systematic, open, fair and consistent manner to promote credible deterrence of non-compliance
• Conduct an efficient, fair and thorough censure and objections process where regulated parties have exercised their right to oppose a JSE decision
• Contribute to the Issuer Regulation business plan and activities and provide strategic thinking and contributions to the Investigations Unit business plan to ensure delivery of focus areas for the year/s in support of the Issuer Regulation strategy
• Compile correspondence of a high quality to internal and external stakeholders and regulated parties
• Provide guidance and expertise to internal stakeholders both within Issuer Regulation and in other divisions of the JSE by analysing their issues against the Listings Requirements and IFRS in accordance with the investigations process and procedures and best practice and lead the advice and guidance in the investigations domain

Stakeholder Relationship Management

• Interact professionally and swiftly with stakeholders and regulated parties on all platforms by being objective and fair in the approach to gather information, applying legal/financial principles and give feedback/advice to relevant parties to ensure that problems/concerns are dealt with quickly and effectively
• Provide comfort to stakeholders and regulated parties by applying best regulation practices, adhering to policy and procedures and enforcing actions in accordance with the various statutory regulations
• Act fairly towards regulated parties by applying the investigations processes, procedures and actions in a consistent and transparent manner
• Strongly Influence and develop relationships with external experts, fellow exchanges and policy bodies directly/directly by participating and representing the unit in relevant external committees, meetings and forums
• Build, nurture and maintain collaborative relationships with external experts, regulatory and professional bodies, e.g. FSCA, SAICA, IRBA, FRIP, CIPC by using interpersonal skills to engage in a professional and appropriate manner with the purpose of furthering regulatory agenda and objectives
• Build sustainable, strategic and influential relationships with business leaders, colleagues and peers across the JSE by consulting with them, providing guidance, leading discussions and collaborating to achieve JSE strategic priorities

Self-Management

• Improve personal capability and professional growth relating to field of expertise, in line with JSE objectives by discussing development needs and proposed solutions with management
• Keep abreast of changes in the Listings Requirements including its application and interpretation, other relevant legislation or accounting standards by conducting research and utilising networks
• Epitomise living the JSE values, displaying professional conduct and adherence to required technical standards and contribute to the achievement of divisional objectives
• Manage self in terms of development, delivery and act as a self-starter – take initiative and ownership of own cases and all processes or admin functions associated with it
• Be an effective team member by encouraging team work and freely sharing knowledge, interacting and actively participating in team and divisional discussions
• Energise the division and organisation through effective communication (e.g. updates and feedback), involvement (e.g. participating in discussion and projects), engagement (e.g. with all sub-divisions), learning and training

Transformation and Innovation contribution

• Analyse, research, develop, implement and share improvement/innovative ideas and value adding solutions contributing to departmental, divisional and JSE results
• Research, assist and compile relevant frameworks to promote and support the improvement, efficiency and fit for purpose investigations process and outcomes

Minimum requirements

Minimum Qualification

•  Essential qualification Chartered Accountant CA(SA)
• Registration: SAICA (South African Institute of Chartered Accountants)
• Postgraduate studies in IFRS – would be an advantage.

Minimum Experience

• 3-5 years post articles experience in financial reporting and/or analysis of financial statements focusing on International Financial Reporting Standards (IFRS) and the application and interpretation thereof
• Advising on the application and/or interpretation of IFRS and/or projects involving the implementation of IFRS
• Experience in a technical department of an audit firm and/or experience in forensic auditing
• Experience with the interpretation and application of the Listings Requirements preferable but not essential

Knowledge and Skills required

Professional Knowledge

•  Sound knowledge and understanding of capital markets and the provisions of the Financial Markets Act, the Listings Requirements (Equity and Debt), Companies Act, Takeover Regulations, King Code and Administrative Law; Companies Act and King Code
• Sound knowledge and understanding of International Financial Reporting Standards
• Knowledge and understanding of board processes and duties, shareholder and board meetings, annual financial statements and annual reports, resolutions and circulars
• Knowledge and understanding of administrative decisions and process

 Skills

•  Ability to solve complex problems and deal with technical and voluminous tasks
• Analytical and critical thinking with strong attention to detail
• Excellent verbal/oral and written communication skills
• Excellent drafting skills for correspondence and reports – internal and external
• Displays a high level of ethics, integrity and confidentiality
• Ability to work under pressure with tight deadlines
• Collaboration, networking and building relationships

Click here to apply

We wish you all the best with your applications

Welcome to the JSE – the home of excellence, innovation, inclusive economic growth and value creation. As the largest stock exchange in Africa with a history spanning 135 years, we are a business filled with pride. We are proud of our clients, our services, our people and of course…where we work. We are an Agility-transformed, client and people-centric organisation, and our people are at the heart of all that we do. The career opportunities at the JSE are vast and we believe in open, transparent and accessible leadership, and we maintain that our doors are always open. We are proud of our workforce that works hard which is why we encourage our people to play hard too.

Our Culture

We combine a culture of continuous improvement and performance excellence with client-centricity to build and maintain:

• relationships of trust with our clients
• a transformed and evolved holistic customer experience
• leadership that is knowledgeable and inspiring
• employee excellence through the empowerment, growth and development of our people
• speed, accuracy and quality
• global operating standards which enable us to grow exponentially
• focus on building South Africa’s economic growth and sustainability

JSE Values

Join our team of dynamic and innovative leaders.

The JSE has been trading financial products for the past 132 years and by joining our team, you will be contributing and working within the economic hub of our country and the premier stock exchange in Africa.

We take pride in the following

• Agile, with new and effective ways of work
• dynamically innovative with a fully electronic and secure market
• world-class regulation, trading and clearing systems
• settlement assurance and risk management

The JSE embraces and acknowledges the fact that our successes and strengths are dependent on the quality and calibre of our employees, who are at the heart of all that we do. We are therefore committed to fostering a culture of continuous learning and the highest standards of performance.

The history of the JSE

 

JSE Employee Benefits

1.  
   Flexible Work Arrangement  
2.     Access to Employee Wellness Programmes 
3.    Personal Development Programmes 
4.    Diverse Parental Leave Policy 
5.     Education Knowledge Sharing 
6.       Business Casual
   Dresscode 
7.   
   Flat Work Structure

JEF BURSARY ADVERT

The JSE is committed to upskilling and developing future leaders of SA. As the great Nelson Mandela said, “education is the most powerful weapon which you can use to change the world.” In this spirit, the JSE Empowerment Fund (JEF) was established to support students as they strive to reach their academic goals. The JEF offers bursaries to previously disadvantaged students in their 2nd and 3rd year or post-graduate (Honours) level of studies.

Bursary applications are now open, please see the application criteria below:

You must be a top performer who is studying (full time) towards a degree in:

• Computer Science
• Mathematics
• Actuarial Science
• Information Technology
• Informatics
• Data Analytics

Minimum requirements:

• Applications are restricted to students who are South African citizens within the designated group.
• The joint income of the students’ parents/caregivers should not exceed a joint income of R350, 000 per annum.
• Only applications for 2nd year, 3rd year, or Honours level of studies will be considered.
• Undergraduates must have achieved a minimum aggregate of 60%.
• Post-Graduates must have achieved a minimum of 60%.

N.B: Please note that all applications must include an affidavit confirming the information provided. – If JSE dependents apply, a declaration stating the same must be included with the bursary application.

• Click here to apply on our JSE Careers page
• Click here to apply on Pnet

Applications open in September every year