Duties & Responsibilities
Guide the business and monitor processes and procedures to ensure that the joint venture companies comply with all legislation
Analyse new legislation and amendments to existing legislation
Interpret and scrutinize each provision for applicability
Assess legislative requirements analytically and how it applies to joint venture companies
Subject Matter Expert on the National Credit Act, Financial Advisory and Intermediary Services Act, Consumer Protection Act, Protection of Personal Information Act and other relevant legislation
Develop Compliance Risk Management plans for legislation pertinent to various areas of joint venture companies
Identify areas of high, medium and low risk, recommend risk mitigation controls
Agree action plans with stakeholders and implement
Test and monitor controls after implementation by drawing samples of work performed by joint venture companies and verify that legislative requirements were adhered to
Liaise, compile, and report to stakeholders on the levels of compliance within joint venture companies
Draft, update, and maintain joint venture companies compliance manual
Ensure that the joint venture companies compliance manual adheres with the latest legislative requirements
Provide information and staff training to ensure compliance with statutory and regulatory requirements
Support the CIO with the design and implementation of compliance strategy requirements for current and new legislation applicable to joint venture companies
Assist the Chief Compliance Officer with formulating, implementing and documenting compliance related policies, processes and practices to manage the related risks for joint venture companies
Evaluate and identify risks and direct them to the appropriate stakeholders within the joint venture companies
Draft opinions and memoranda on compliance related matters
Increase the understanding and commitment of staff to the Compliance function
Advise staff on compliance awareness campaigns, to circulate information received from Regulators, Auditors, and Legal Counsel
Bring any legislative / regulatory / industry changes to the attention of internal stakeholders
Build and maintain a relationships with Regulators, Auditors and industry bodies
Attend and represent the joint venture companies at meetings and give feedback to stakeholders
Report non-compliance by joint venture companies to the CIO, CEO, Board of Directors
Create and implement policies in compliance with POPIA and PAIA
Desired Experience & Qualification
Degree: Law
Admitted Attorney / Advocate of the High Court of South Africa
Accredited Member of the Compliance Institute of South Africa
5 years’ experience as a practicing Admitted Attorney
5 years’ experience in Compliance in the financial sector
Extensive knowledge of compliance requirements applicable to the financial sector ie., National Credit Act (NCA), Financial Advisory and Intermediary Services Act (FAIS) and the Protection of Personal Information Act (POPIA)
Interested?
POPI
By applying for this position, you consent in terms of the Protection of Personal Information Act (POPI Act)
to your personal information being obtained; utilised and stored by the Company through inter alia,
reference checks, credit checks and trace reports.
Should you not hear from us within 7 days, please consider your application unsuccessful
