Securities Analyst, Capital Markets

Securities Analyst, Capital Markets

The Financial Services Commission (FSC) is an integrated financial services regulator. Our mission is to regulate and supervise the securities, insurance and private pensions industries for the protection of their users, thereby enhancing public confidence through the efforts of a competent workforce. 

We seek to recruit individuals who are driven, results-oriented, and have a passion for providing excellent service.

The FSC has an immediate opening for the position of Securities Analyst, Capital Markets.

SUMMARY OF RESPONSIBILITIES

Reporting to the Senior Analyst (Capital Market), the Analyst is responsible for ensuring that all regulated entities comply with the requirements of the Securities Act and attendant Regulations and aiding in the administration of the JSE Rules.

The Analyst assists in the development and maintenance of procedures to ensure the enforcement of the Act and Regulations which govern the operation of entities engaged in Capital Market Operations. He/ She also assists in evaluating the statutory compliance of entities licensed under the Securities Act and those companies that are listed on the Jamaica Stock Exchange (“JSE”).

MAJOR ACCOUNTABILITIES

• Assist in developing regulatory reports in respect of each licensee to convey licensees’ financial and operating conditions and to recommend and/or propose where required, appropriate regulatory actions.
• Assist in reviews to ensure regulated entities adhere to operating requirements in relation to: Market Conduct, Take-overs and Mergers, Corporate Governance Structures, Stock Exchange Rules and Central Securities Depository Regulations.
•  Assist in the planning, coordination and execution of onsite-examination of stockbrokers, securities dealers and the Jamaica Stock Exchange and its subsidiaries.
• Assist in the development of prudential standards for the securities industry in keeping with changes in government policies, industry practices, and international best standards.
• Obtain and analyse statements and other documents relating to issuers of securities and the stock exchange in keeping with the filing requirements to identify potential regulatory and statutory compliance issues and advice the Senior Analyst, Capital Markets.

• Review Takeover Bid and Directors’ Circulars, Prospectuses and Exempt Distribution documents submitted by registrants in accordance with the regulations and guidelines.

QUALIFICATIONS AND EXPERIENCE

• First Degree in Accounting, Business Administration or Finance or a professional designation in Accounting.
• A minimum of three years’ experience in securities regulation or relevant industry experience.

Sound knowledge of the Acts regulating the financial sector and, knowledge of the Securities Industry