Legal Advisor Payments

Wesbank; Johannesburg; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A financial services institution seeks a skilled Legal Advisor in Johannesburg. This role involves delivering legal advice on payments law, ensuring compliance, and collaborating with various teams to manage legal risk. Ideal candidates will understand complex legislation and contribute to innovation in the payments landscape. Competitive salary and full-time position offered.

Qualifications

• Experience in payments law and regulatory frameworks.
• Strong understanding of legal compliance and risk management.
• Ability to collaborate effectively with cross-functional teams.

Responsibilities

• Deliver legal advice on payments law and regulatory compliance.
• Interpret legislation and support payments strategy.
• Identify and mitigate legal risks in payments.

Skills

Legal advice

Regulatory compliance

Licensing

Fintech partnerships

Digital payments

Tools

Legal technology

Job description

Overview

Legal Advisor Payments page is loaded## Legal Advisor Paymentslocations : Johannesburgtime type : Full timeposted on : Posted Todaytime left to apply : End Date : December 5,

(17 days left to apply)job requisition id : R

Job Description

Job Details

The incumbent also contributes to shaping the legal and regulatory landscape through industry engagement and thought leadership.

#LI-AB2 #POST #FCC# #

Responsibilities

• Deliver authoritative legal advice on all aspects of payments law, including regulatory compliance, licensing, settlement systems, fintech partnerships, and digital payment innovations.
• Interpret and apply legislation such as the National Payment System Act, Financial Sector Regulation Act, and related regulatory frameworks.
• Provide legal input into the development and execution of payments strategies, ensuring alignment with legal and regulatory requirements.
• Collaborate with business and product teams to enable innovation in payments while managing legal risk.
• Contribute to the design of new payments products and services, ensuring legal compliance from inception through to launch.
• Participate in strategic decision-making forums, offering legal insight that supports commercial and operational objectives.
• Monitor and analyse regulatory developments and industry trends impacting the payments landscape.
• Represent the organisation in regulatory consultations, industry working groups, and legal forums.
• Proactively identify legal risks and opportunities arising from market and regulatory shifts.
• Lead the identification, assessment, and mitigation of legal risks specific to payments.
• Support the development and implementation of legal risk frameworks, controls, and reporting mechanisms.
• Advise on dispute resolution and regulatory investigations related to payments.
• Provide guidance and mentorship to junior legal advisors and peers within the Payments Law Centre of Expertise.
• Contribute to the development of legal training materials and knowledge-sharing initiatives.
• Promote a culture of continuous learning and legal excellence.
• Leverage legal technology and digital tools to enhance advisory delivery, document management, and legal operations.
• Collaborate with technology teams to ensure legal compliance in digital platforms, APIs, and data flows.

EEO Statements

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis.

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.