Legal Officer - Compliance & Regulatory

Placements24; Polokwane; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Training and certifications

Hybrid work model

Modern office in Polokwane

Job summary

Placements24 is seeking a Legal Officer focused on Compliance and Regulatory matters in Polokwane, Limpopo. A hybrid work model enables office presence and remote flexibility as you monitor regulations, implement programs, and advise stakeholders on compliance obligations.

The role calls for a strong regulatory background in financial services, with the capacity to develop frameworks, perform risk assessments, and liaise with regulators. Strong analytical and reporting skills are essential.

Qualifications

• LLB or relevant degree in Finance, Commerce, or related field required.
• Admission as an Attorney or Advocate would be advantageous.
• Minimum 4 years of compliance/regulatory or legal experience in financial services.
• Strong knowledge of SA financial services laws (FAIS, FICA, POPIA, Companies Act).
• Excellent analytical, reporting and communication skills.

Responsibilities

• Monitor and interpret financial regulations and guidelines from bodies such as FSCA and SARB.
• Develop, implement, and update compliance programs and policies across the organization.
• Conduct compliance risk assessments and audits to identify non-compliance.
• Investigate breaches, prepare reports, and recommend corrective actions.
• Advise business units on regulatory requirements for new products and marketing.
• Prepare regulatory filings and reports, ensuring accuracy and timeliness.
• Deliver compliance training to staff at varying levels.
• Liaise with regulators and external auditors as required.
• Maintain comprehensive records of compliance activities.

Job description

About the Role

Our client, a prominent financial services institution with a significant footprint in Polokwane, Limpopo , is seeking a dedicated Legal Officer focused on Compliance and Regulatory matters. This role is crucial for ensuring the company adheres to all applicable financial laws, regulations, and industry best practices. The position involves a hybrid work model, allowing for a balance between collaborative work in the Polokwane office and remote flexibility. The Legal Officer will be responsible for monitoring regulatory changes, implementing compliance programs, and advising internal stakeholders on compliance obligations. We are looking for a proactive and analytical individual who can navigate the complex regulatory landscape of the financial sector in Limpopo and beyond.

Key Responsibilities

• Monitor and interpret relevant financial regulations, legislation, and guidelines issued by regulatory bodies (e.g., FSCA, SARB).
• Develop, implement, and maintain effective compliance programs and policies across the organization.
• Conduct regular compliance risk assessments and audits to identify potential areas of non-compliance.
• Investigate compliance breaches, prepare reports, and recommend corrective actions.
• Advise business units on regulatory requirements related to new products, services, and marketing initiatives.
• Prepare and submit regulatory filings and reports accurately and on time.
• Develop and deliver compliance training programs to employees at various levels.
• Stay informed about industry trends and best practices in financial services compliance.
• Liaise with external regulators and auditors as required.
• Maintain comprehensive records of compliance activities and documentation.

Requirements

• A Bachelor of Laws (LLB) degree or a relevant degree in Finance, Commerce, or a related field.
• Admission as an Attorney or Advocate would be advantageous.
• A minimum of 4 years of experience in compliance, regulatory affairs, or legal roles within the financial services industry.
• Strong understanding of South African financial services legislation (e.g., FAIS Act, FICA, POPIA, Companies Act).
• Proven experience in developing and implementing compliance frameworks.
• Excellent analytical, problem-solving, and report-writing skills.
• Strong communication and interpersonal skills, with the ability to engage effectively with stakeholders at all levels.
• Proficiency in Microsoft Office Suite and experience with compliance management software is preferred.
• Ability to work independently and collaboratively in a hybrid work environment based in Polokwane, Limpopo .
• High level of integrity and ethical conduct.

Benefits

• Our client offers a competitive salary package, commensurate with the candidate's experience and expertise in compliance.
• In addition to the salary, benefits include comprehensive medical aid, a pension fund, and opportunities for professional certifications and ongoing training in regulatory and compliance fields.
• The hybrid work model provides flexibility, fostering a healthy work-life balance.
• Employees have access to modern office facilities in Polokwane and are part of a supportive team dedicated to upholding the highest standards of integrity and compliance in the financial sector.