Legal Counsel - Regulatory Compliance

Placements24; Gauteng; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Hybrid work model

Professional development

Wellness programs

Job summary

Placements24 is seeking a Legal Counsel focused on Regulatory Compliance in Pretoria, Gauteng. You will advise the business on the evolving SA regulatory landscape, including FAIS, CISCA, and PA regulations, contributing to a strong compliance culture across departments.

A proactive, analytical attorney will thrive in our dynamic legal and compliance team. The role offers a hybrid work model with opportunities to influence regulatory strategy, policies, and governance while engaging with key

Qualifications

• Admitted attorney with SA High Court admission and 5+ years in financial services regulation.
• Proven ability to develop and implement compliance programs.
• Strong analytical, communication and research skills.
• Experience interacting with regulatory bodies is advantageous.

Responsibilities

• Provide expert legal advice on financial services regulations, licensing, conduct and prudential requirements.
• Monitor regulatory changes and assess impact on operations and strategy.
• Develop, implement and maintain compliance policies, procedures and controls.
• Assist with regulatory filings and regulator inquiries.
• Conduct compliance risk assessments and internal investigations as needed.
• Deliver staff training on regulatory requirements and best practices.
• Advise on product development and marketing for regulatory compliance.
• Manage relationships with regulatory authorities and industry forums.
• Support broader compliance and governance initiatives within the legal team.

Skills

Regulatory compliance

FSCA regulation

FAIS knowledge

Legal advisory

Education

Admitted Attorney — High Court of SA

Job description

About the Role

Our client, a prominent financial services institution with significant operations in Pretoria, Gauteng , is seeking a dedicated Legal Counsel to focus on Regulatory Compliance. This crucial role involves advising the business on the complex and evolving regulatory landscape governing the financial services industry in South Africa. You will be instrumental in ensuring the company adheres to all relevant laws, regulations, and industry codes of conduct. The ideal candidate will possess a strong understanding of financial sector regulations, including but not limited to those set by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA). This is an excellent opportunity to join a reputable organization and contribute to its strong compliance culture. The position requires a proactive individual with excellent analytical skills and the ability to translate complex regulatory requirements into practical business solutions. You will work within a dynamic legal and compliance team, collaborating with various departments to embed compliance throughout the organization in Pretoria .

Key Responsibilities

• Provide expert legal advice and interpretation on financial services regulations, including licensing, conduct of business, and prudential requirements.
• Monitor regulatory changes and assess their impact on the company's operations and business strategy.
• Develop, implement, and maintain robust compliance policies, procedures, and controls.
• Assist in preparing regulatory filings and responses to inquiries from regulatory bodies.
• Conduct compliance risk assessments and internal investigations as needed.
• Provide training to staff on regulatory requirements and compliance best practices.
• Advise on product development and marketing initiatives to ensure regulatory compliance.
• Manage relationships with regulatory authorities and represent the company in relevant industry forums.
• Support the legal department in broader compliance and governance initiatives.

Requirements

• Admitted Attorney of the High Court of South Africa with a minimum of 5 years post-admission experience, preferably with a focus on financial services regulation and compliance.
• In-depth knowledge of South African financial services legislation, including the Financial Advisory and Intermediary Services Act (FAIS), Collective Investment Schemes Control Act (CISCA), and related regulations.
• Proven experience in developing and implementing compliance programs.
• Strong analytical, problem-solving, and research skills.
• Excellent written and verbal communication skills, with the ability to explain complex regulatory matters clearly.
• Ability to work independently and manage multiple priorities effectively.
• Strong interpersonal skills and the ability to build relationships across different business units.
• Experience in dealing with regulatory bodies such as the FSCA is highly advantageous.
• A commitment to maintaining the highest ethical standards.

Benefits

• Our client offers a competitive salary package, commensurate with the candidate's experience and expertise, along with performance-related bonuses.
• Comprehensive medical aid and pension fund benefits are provided.
• This role offers a hybrid working model, allowing for a blend of remote and in-office work at our Pretoria, Gauteng offices.
• Employees benefit from extensive professional development opportunities, including specialized compliance training and workshops.
• The company promotes a culture of continuous learning and professional growth, supporting career advancement within the organization.
• Join a dedicated team committed to upholding the highest standards of integrity and compliance in the financial sector.
• Additional benefits include access to wellness programs and employee assistance schemes.