Legal and Compliance Officer

iMasFinance Co-operative (Ltd); Gauteng; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A financial services Cooperative is seeking a Legal and Compliance Officer responsible for ensuring legal and regulatory compliance. The ideal candidate will have a Bachelor's Degree in law, significant operational experience, and expertise in contract management. Key tasks include legal advice, compliance plans, and stakeholder collaboration. Applicants should have strong communication, leadership, and analytical skills, and a valid driver's license. The position is located in Gauteng, South Africa.

Qualifications

• Bachelor's Degree (LLB or B Proc) is essential.
• 7 years operational experience in contract management.
• Compliance Institute Membership required.

Responsibilities

• Provide legal advice and opinions on all legal matters.
• Formulate and maintain a risk-based compliance plan.
• Prepare reports on legal and compliance matters.

Skills

Computer literacy

Verbal communication skills

Report writing skills

Planning and organizing skills

Analysing skills

Leadership skills

Conflict handling skills

Time management skills

Education

Bachelor's Degree or equivalent (LLB or B Proc)

Compliance Institute Membership

Admitted attorney

Tools

Microsoft Excel

Adobe Illustrator

Adobe Photoshop

Microsoft Word

Microsoft PowerPoint

Job description

About this position

iMasFinance, is a financial services Cooperative, is looking for a Legal and Compliance Officer. This position reports to the Head: Legal and Compliance, and its main purpose is to provide overall business enhancement by ensuring the legal contractual and regulatory requirements are adhered to, and to monitor compliance with relevant legislation in the financing environment of iMas.

The successful candidate will be an innovative, dynamic and energetic self-starter with seasoned experience in the legal environment.

Responsibilities

Legal

• Provide legal advice, analysis and/or opinions on all legal matters.
• Identify any legal issues and impact that may arise from the changing regulatory landscape.
• Update existing legal policies on an annual basis and provide for approval and sign off.

Regulatory Compliance

• Formulate, implement and maintain a risk-based compliance plan on an annual basis.
• Conduct regular compliance monitoring exercises.
• Update existing compliance policies on an annual basis and provide for approval and sign off.
• Manage complaints from the relevant regulatory bodies.
• Promote and sustain an ethical compliance culture.

Reports

• Prepare reports on legal and compliance matters when called upon to do so.

Training

• Provide input on legal and compliance related topics and policies to HR for training purposes.

Stakeholder Management

• Consult and collaborate with all relevant external and internal stakeholders.

Contract Management

• Develop, implement and maintain a document management strategy.
• Manage internal policies and guidelines (version control, change management).

People Management

• Complete Individual Development Plan.
• Attend learning and development courses.
• Participate in peer and team learning initiatives.

Qualifications

• Bachelor's Degree or equivalent (LLB or B Proc) is essential.
• Compliance Institute Membership.
• Admitted attorney.
• Valid Code 08 Driver’s license.

Experience

• 7 years operational experience in contract management.

Knowledge and Skills

• Computer literacy (Adobe Illustrator, Adobe Photoshop, Advanced skills in Microsoft Excel, Word and PowerPoint).
• Relevant legislation and regulatory bodies.
• The Co-operatives Act, the Companies Act and the Consumer Protection Act.
• Applicable legislation (National Credit Act, POPI Act, Consumer Act).
• Formulating strategies and concepts.
• Report writing skills.
• Interpersonal skills.
• Influencing skills.
• Analysing skills.
• Planning and Organizing skills.
• Verbal and written communication skills.
• Assertiveness.
• Conflict handling.
• Time management skills.
• Judgment and Decision making.
• Leadership skills.