FAIS Ombud: Graduate Internships 2023/ 2024

ABOUT FAIS OMBUD

The Office of the Ombud for Financial Services Providers (FAIS Ombud) is established in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (the FAIS Act).Its objective is to consider and dispose of complaints in a procedurally fair, informal, economical and expeditious manner and by reference to what is equitable in all circumstances. The FAIS offices are in the east of Pretoria in Gauteng.In order to discharge its mandate, the FAIS Ombud seeks to appoint Graduate Trainees as part of the Graduate Recruitment Programme.

ABOUT THE GRADUATE PROGRAMME

This is a structured programme specifically designed to produce a pipeline of competent trainee entrants to the labour market.Duration – The duration of the programme is twelve (12) months.Roll out of the Programme:  Recommended candidates will be given an opportunity to learn under a dedicated mentor.Graduates will be assigned to various Departments, based on their qualifications and aspirations, and exposed to various competency-based training during the duration of the twelve-month programme. Graduates will be based in the following Departments:

Benefits of programme:

Exposure to working in a target driven environment on complaints received by the public against financial service providers and to move same towards a resolution in a procedurally fair, informal, economical and expeditious manner.Working in a team of experienced lawyers, financial planner(s), Investigators and negotiators.Training on the financial planning process, insurance, investments, retirement planning, financial services legislation and drafting.

Opportunity to be part of an established statutory office and a Mentorship Programme.

REQUIREMENTS

Requirements for application

South African citizen with a valid South African Identity document.LLB degree.Passion for public service and an interest/desire to work in the Financial Sector.Strong academic background and good drafting skills.Must be able to work in a stressful environment, willing to learn and work extra hours.Energetic, self-driven and deadline driven.Must be computer literate.PLT (Practical Legal Training) will be an advantage.

HOW TO APPLY

Interested parties are welcome to forward their CVs to e-mail address: applications@faisombud.co.zaNB:  All applications must include an academic transcript and Certificates. The closing date for applications is 19 September 2023.Enquiries must be directed to Faith@faisombud.co.za.In accordance with the FAIS Ombud’s Recruitment Strategy, preference will be given to candidates from designated groups.Applications from people with disabilities are encouraged. Please note that correspondence and communication will only be conducted with short listed candidates and that the FIAS Ombud reserves the right not to appoint if a suitable candidate is not identified.