The Financial Services Board
(FSB) is a unique independent institution established by the statute to oversee
the South African Non-Banking Financial Services Industry in the public
The FSB has 5 core divisions
(Financial Advisory and Intermediary Services, Collective Investment Schemes,
Investment Institutions Insurance and Pensions), and support departments such
as Actuarial, Human Resources, Finance, Legal, Communications, Market Conduct
Strategy, Security Administration and Facilities, Risk Unit, Supply Chain Unit,
Information Communications and Technology, Consumer Education, Inspectorate,
and Enforcement Unit to support the core Divisions.
The vast majority of our people
within the core divisions have a Financial, Legal, or Business Management
qualification. Our support departments employ people with qualifications across
the board to support what they do, i.e.; HR, Legal, ICT, Education, Actuaries,
To achieve its legislative
mandate and organisational goals, the FSB acknowledges that its employees are
the most important assets and as such has developed various strategies to
attract, develop, retain and reward them. The FSB is further committed towards
increasing the representation of marginalised groups in line with its Employment
Equity Plan, including persons living with disabilities. The following are the
various job creation opportunities available in support of the broader national
The FSB has an internship programme which aims to give
graduates an opportunity and exposure to train within the organisations for a
period of 12 months.
Graduate Development Programme
The programme gives newly qualified graduates, with no
work experience an opportunity to have exposure within the FSB for a period of
between 3 to 6 months. The programme is class room based and offers theoretical
and technical training in various business subjects.
Actuarial Bursary Scheme
FSB has a bursary scheme, which funds Learners who are high achievers, and
intend pursuing an actuarial discipline. The actuarial “bursary students” are
given an opportunity to do vocational work for the FSB during school holidays.
All actuarial bursars are guaranteed a job once they complete their studies.