Legal Advisor - Regulatory Compliance

Placements24; Centurion; Hybrid; ZAR 1,000,000 - 1,400,000; Full time

Benefits offered by this job

Competitive salary

Annual discretionary bonus

Medical aid

Retirement annuity

Professional development

Centurion location

Job summary

Placements24 is seeking a sharp Legal Advisor for a leading financial services institution based in Centurion, Gauteng. The role focuses on strengthening regulatory compliance, monitoring changes, and advising the business on required measures.

You will interpret legislation such as FAIS, FICA, and POPIA, develop policies, conduct risk assessments, and liaise with FSCA. You will translate complex rules into practical business solutions.

Qualifications

• Admitted attorney or equivalent compliance experience.
• ≥6 years in regulatory compliance, preferably within financial services.
• Strong written and verbal communication; translate regulation to business action.

Responsibilities

• Monitor SA financial services legislation and regulatory requirements (FAIS, FICA, POPIA).
• Develop and implement compliance policies, procedures and controls.
• Conduct regular compliance risk assessments and audits.
• Investigate potential regulatory breaches and advise on remedial actions.
• Prepare and submit regulatory reports to authorities.
• Provide training and guidance to business units on compliance matters.
• Liaise with regulatory bodies such as FSCA.
• Advise on regulatory aspects of new product development.

Skills

Regulatory analysis

Legal advisory

Risk management

Communication skills

Education

Admitted Attorney SA

Job description

About the Role

Our client, a prominent financial services institution headquartered in Centurion, Gauteng, is seeking a sharp and diligent Legal Advisor to enhance its regulatory compliance function. This role is integral to ensuring the company adheres to all applicable laws, regulations, and industry standards within the financial sector. You will be responsible for monitoring regulatory changes, interpreting their impact, and advising the business on necessary compliance measures. The position in Centurion offers a strategic location within Gauteng's corporate corridor, providing excellent connectivity and access to industry networks. This is a fantastic opportunity for a legally astute professional to play a vital role in maintaining the integrity and compliance of a major financial player, contributing to its reputation and operational resilience. The South African regulatory environment is complex, making this role critical.

Key Responsibilities

• Monitor, interpret, and advise on South African financial services legislation and regulatory requirements (e.g., FAIS Act, FICA, POPIA).
• Develop and implement compliance policies, procedures, and controls.
• Conduct regular compliance risk assessments and audits.
• Investigate potential breaches of regulations and advise on remedial actions.
• Prepare and submit regulatory reports to relevant authorities.
• Provide training and guidance to business units on compliance matters.
• Liaise with regulatory bodies, such as the Financial Sector Conduct Authority (FSCA).
• Advise on new product development from a regulatory perspective.

Requirements

• Admitted Attorney of the High Court of South Africa or a qualified professional with equivalent experience in compliance.
• Minimum of 6 years of experience in regulatory compliance, preferably within the financial services industry.
• Thorough understanding of South African financial services regulations and compliance frameworks.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent written and verbal communication skills.
• Ability to translate complex legal and regulatory requirements into practical business solutions.
• Proficiency in risk management principles and methodologies.
• Experience in policy development and implementation is highly desirable.

Benefits

• Competitive salary package.
• Annual discretionary bonus.
• Comprehensive medical aid plan.
• Retirement annuity fund.
• Professional development opportunities and in-house training.
• Dynamic work environment in Centurion.