Key Individual

A category I FSP is seeking a Key Individual.

Essential Job Functions:

• Act with due care, skill and diligence in the execution of all duties;
• Act within the standards and rules set by legislation;
• Fulfil contractual obligations as agreed to;
• Management and Oversight of:
• Statutory obligations of the FSP;
• Rendering of financial services of the FSP and persons authorised to act on its behalf;
• Business processes and operational ability.

Education and Experience:

• Have passed the RE 1;
• Have passed the RE5 (if they will also be appointed as a representative);
• Have an appropriate, FSCA recognised qualification;
• Meet the minimum experience requirements for the shares and derivatives financial products;
• Have completed the Investments Class of Business training;

Compensation and Benefits:

• Salary to be discussed upon interview.
• Please note that this is not an operational FSP as yet. Salary will be increased once operations start.

Hours of work:

• This is a full time position.

Special conditions or requirements:

• The candidate would need to satisfy the honesty and integrity requirements that apply to all key individuals and undergo the MIE criminal check as part of their application for approval.
  The candidate cannot be approved as KI for multiple FSP’s as the FSCA will interrogate this as part of the application for approval as a KI. If the applicant is already approved as a KI on multiple FSPs then the FSCA would most likely reject the application based upon the person’s inability to comply with the operation ability requirements that are applicable to a KI.