Legal and Compliance Officer

iMasFinance Co-operative (Ltd); Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A financial services Cooperative in Centurion seeks a Legal and Compliance Officer to ensure adherence to legal and regulatory requirements. The successful candidate must have a Bachelor's degree (LLB or B Proc), Compliance membership, and at least 7 years of experience in contract management. Skills in report writing, leadership, and interpersonal relations are essential. The role offers an opportunity to shape compliance culture and manage legal documents.

Qualifications

• 7 years operational experience in contract management.
• Valid Code 08 Driver's license is essential.

Responsibilities

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

Skills

Computer literacy

Report writing skills

Interpersonal skills

Analysing skills

Planning and Organizing skills

Verbal and written communication skills

Leadership skills

Education

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

Compliance Institute Membership

Admitted attorney

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Adobe Illustrator

Adobe Photoshop

Job description

An exciting opportunity exists at iMasFinance Cooperative Limited in Centurion to fill the above mid‑management position in our Legal division. Preference will be given to qualifying candidates from the designated groups, in support of the iMasFinance transformation strategy.

About this position

iMasFinance, 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

Job Outputs: 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 to 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 to 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 of 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 PhotoshopAdvanced 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