Legal and Compliance Specialist

at  PPS Recruitment

JOB ADVERT SUMMARY

Legal
To assist business proactively and constructively in identifying and interpreting applicable legislation and minimise legal risks through the provision of legal advice and assistance to the business.
Compliance
To implement compliance risk management solutions within strategic guidelines and policies and to facilitate the management of compliance risks and breaches within the Business Unit through the application of accepted risk management principles

QUALIFICATIONS:

• Matric.
• LLB degree.
• Admitted as an attorney of the High Court (advantageous).
• Postgraduate Diploma in Compliance Risk Management (advantageous).

EXPERIENCE:

• At least 2 years’ experience in financial services compliance, FAIS and short-term insurance experience will receive preference.

KNOWLEDGE:

• Knowledge of Financial services regulatory environment.
• General legislative knowledge.
• Demonstrated knowledge of Compliance Risk Management Methodology.
• Working knowledge of CURA (advantageous).
• Ability to write, communicate and interpret legislative requirement at the appropriate level.

SKILLS:

• Ability to independently solve complex legal problems in a systematic and logical manner.
• Ability to implement annual compliance plan.
• Ability to advise business on legal and compliance matters.
• Ability to write, communicate and interpret legislative requirement at the appropriate level.
• Ability to independently draft legal documents.
• Ability to conduct legal research.
• Good facilitation and conflict handling skills.
• Ability to collate information and to draft legal reports.
• Ability to partner with customers and/or colleagues to deliberate and discuss complex and/or sensitive issues with the aim of finding an appropriate solution.

INTERPERSONAL AND INTRAPERSONAL SKILLS:

• Excellent verbal, presentation and written skills.
• Facilitation.
• Conflict Handling.
• Influencing.
• Analytical Thinking.
• Operational Management.
• Collaborative.
• Sense of urgency.
• Results & Learning Orientation.

• Project management and implementation of key compliance projects.
• Presentations to members of Exco, or key resources used by Exco, for delivery of projects.
• Key staff member of the legal and compliance team.
• Identify gaps or potential deficiencies in compliance and other business areas and resolve.
• Identify applicable legislation, provide comments, perform impact analysis and give advice and guidance to business.
• Implementation of requirements arising from new and amended regulatory items.
• Risk Assessment of Regulatory items.
• Maintain compliance risk assessments and compliant risk management plans for prioritised regulatory items on CURA.
• Manage breaches and risk exposures.
• Develop and maintain compliance monitoring plans.
• Conduct compliance monitoring activities, including compliance reporting.
• Draft legal contracts, policy documents etc. and review standard business communications.
• Provide advice to business on legal and compliance matters and implementation of controls, including control effectiveness assessments.
• Provide legal support to all areas of the business.
• Litigation management.
• Complaints management, including attending to all Ombudsman and Internal Arbitrator matters.
• Liaising with key stakeholders in the business, the FSCA, PA and other regulatory bodies when required.
• Compliance training on regulatory items.
• Training on compliance methodology
• Support business in providing necessary updates on CURA.