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Independent Trustee (2 Vacancies) - Gauteng, Johannesburg

Employer
DAV
Location
Johannesburg Johannesburg, Gauteng Gauteng, South Africa
Salary
Competitive
Closing date
Jun 11, 2024

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
RESPONSIBILITIES

  • Must demonstrate and be able to communicate an understanding, knowledge of and experience in the latest developments in the retirement funds and financial services sector.
  • Must demonstrate high level competence and skills in problem-solving, communication and ability to understand complex fund matters.
  • Must demonstrate the capacity to devote the required time to funds business and meetings.
  • Must demonstrate an intricate understanding of the requirements of managing, controlling and overseeing the operations of a retirement fund.
  • Will be able to provide sufficient time, expertise and resources to the fund at the cost agreed to by the current Board and continue to do so for so long as the person remains a member on the board.


MINIMUM REQUIREMENTS

  • Bachelor's degree or equivalent (NQF level 7) in Finance, Investments, Commerce or Law.
  • Knowledge of the Pension Fund Act, Income Tax Act, FICA, and other relevant
  • Must have at least five years direct experience in the retirement funds industry at a senior
  • Must have completed the latest 2024 FSCA Trustee Toolkit and started Phase II.
  • He/she is free from any relationships that could, in the opinion of a reasonable and informed external party, be considered as something that would affect his/her ability to perform functions in accordance with section 7C(2) of the Pension Fund Act.
  • He/she has not, in the previous ten years, been expelled from any professional body of which he or she was a member, or which was entitled to exercise disciplinary powers over him or her.
  • He/she must be independent of all and any parties to the Funds, the administrators and the participating employers/members.
  • He/she has not been employed by or derived any income from the Funds in the last five (5) years.
  • Has not been convicted of any offence involving dishonesty, theft, fraud, forgery, issuing a forged document, misrepresentation, and/ or breach of any fiduciary duty.
  • Independent Trustees are not contracted as consultants or service providers to the fund of which they are trustees.
  • A cover letter explaining their suitability for and value-add to the role.
  • A comprehensive curriculum
  • Contactable character references from at least two persons who you have worked for (Please ensure as part of POPIA - that you have their contact/reference permission).
  • Certified copies of all qualifications (Within the last 3 months).
  • Certified (Within the last 3 months) copy of completion of the latest Financial Sector Conduct Authority ("FSCA") Trustee

Desired Skills:
  • Investment
  • Finance
  • Law
  • Retirement Fund
  • FICA
  • Communication
  • Leadership

Desired Qualification Level:
  • Degree

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