More about the role:
Knowledge of applicable legislation - including but not limited to NCA, CPA, POPIA, FAIS Act, FICA, RICA, BCEA, LRA, EEA, and related the financial services laws relevant to BNPL, payments & card, MVNO and crypto currencies.
Staying updated on the latest industry trends, regulatory updates, and legal developments relevant to the business and report any potential risks to management.
Preparing opinions & memorandums (with or without external legal counsel), including presenting these opinions to key business stakeholders.
Drafting, facilitating and monitoring the regulatory framework to ensure business policies and practices meet regulatory and legislative requirements - such as conduct, ethics, employment, standard operating procedures, process documents, etc.
Providing support and offering strategic guidance and risk assessments on regulatory aspects to the business.
Managing the compliance calendar in SA to ensure regulatory requirements are adhered to accurately and timeously, including but not limited to training, license renewals, payments, submitting reports.
Design, implement and monitor a compliance program and roadmap for the business to ensure ongoing monitoring against legislation, planning improvements or new implementations and provide feedback to management.
Drafting compliance training program and material for the business, actively driving training of staff with the assistance from People Department.
Engaging with regulators in the form of complaints, reports, inspections as and when required.
Prepare reports (monthly and quarterly) to be used in presentations to Exco, Board, RAC and other committees to highlight legislative changes, point out risks, provide confirmation of compliance milestones achieved.
Leading certain workstreams around legislative compliance requirements around FIC, FAIS, RICA and POPIA.
Being the representative or deputy representative on regulatory websites like GoAML, RICA, and POPIA.
Ad hoc project work as needed by business and in response to regulatory changes & requirements.
More about you:
A collaborator
A multi-tasker
An initiator
A strong communicator (written and verbal)
Self-driven
Possessing a strong commitment to delivering high-quality compliance solutions within a sensitive timeframe, aligned with business needs & objectives.
Qualifications & Accreditations:
LLB degree
Admitted attorney in South Africa, maintaining good standing within the legal profession
Qualification in Compliance
4-6 years PQE, with demonstrable practical experience in areas such as compliance programs, frameworks, monitoring, reporting, training in the BNPL, payments & card, credit and financial services industry
Experience & Skills:
Proficient technical drafting
Critical & creative thinking
Confident public speaking & presentation skills
Taking initiative & being proactive in performance of job
Timeous delivery of work within agreed timelines, managing expectations of coworkers & timeous escalation of work when required