Legal Risk Analyst

Placements24; Stellenbosch; Hybrid; ZAR 248,000 - 413,000; Part time

Job summary

Placements24, a fast-growing financial services employer in Stellenbosch, seeks a detail-oriented Legal Risk Analyst for a part-time remote role. You will identify, assess, and mitigate legal risks across functions and collaborate with legal, compliance and business units to ensure regulatory adherence.

Ideal candidates hold an LLB or related degree with 3+ years in legal risk, compliance or audit within financial services, and knowledge of SA regulations (FAIS, FICA, POPIA).

Qualifications

• 3+ years in legal risk, compliance or audit in financial services.
• Solid knowledge of SA regulations (FAIS, FICA, POPIA).

Responsibilities

• Identify, assess, and monitor legal risks across functions and products.
• Conduct research on relevant laws, regulations, and industry standards.
• Develop and implement risk management frameworks and policies with legal/compliance teams.
• Prepare risk assessment reports with exposures and mitigation strategies.
• Review contracts and policies for legal/regulatory compliance.
• Monitor regulatory changes and advise on impact.
• Support audits related to legal/regulatory compliance.
• Develop training materials on legal risk awareness for staff.
• Report on legal incidents and contribute to process improvements.

Skills

Regulatory knowledge

Risk management

Analytical thinking

Communication skills

Legal research

Excel

Education

LLB or related degree

Tools

Microsoft Excel

Job description

About the Role

Our client, a rapidly expanding financial services institution in the heart of the winelands, Stellenbosch, Western Cape , is seeking a detail-oriented and analytical Legal Risk Analyst to join their team on a part-time basis. This role is critical in identifying, assessing, and mitigating legal risks associated with the company's operations and products. The successful candidate will work closely with legal, compliance, and business units to ensure adherence to regulatory requirements and industry best practices. This is a remote position, offering significant flexibility for individuals seeking to contribute their expertise without needing to be physically present in the office daily. We are looking for a proactive individual with a strong understanding of financial regulations, corporate governance, and risk management principles. The Legal Risk Analyst will play a key role in developing strategies to minimize exposure and protect the company’s reputation and assets. This is a prime opportunity to apply your analytical skills in a challenging and rewarding field.

Key Responsibilities

• Identify, assess, and monitor legal risks across various business functions and product lines.
• Conduct thorough research on relevant laws, regulations, and industry standards affecting the financial services sector.
• Develop and implement risk management frameworks and policies in collaboration with legal and compliance teams.
• Prepare comprehensive risk assessment reports, highlighting potential exposures and recommending mitigation strategies.
• Assist in the review of contracts, policies, and procedures to ensure legal and regulatory compliance.
• Monitor changes in the legal and regulatory landscape and advise on their potential impact.
• Support internal and external audits related to legal and regulatory compliance.
• Develop and deliver training materials on legal risk awareness to relevant staff.
• Investigate and report on legal incidents and near misses, contributing to process improvements.

Requirements

• A Bachelor's degree in Law (LLB) or a related field; a qualification in Risk Management is advantageous.
• Minimum of 3 years of experience in legal risk, compliance, or audit, preferably within the financial services industry.
• Solid understanding of South African financial services regulations (e.g., FAIS, FICA, POPIA).
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent written and verbal communication abilities, with the capacity to articulate complex risk issues clearly.
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis and reporting.
• Ability to work independently and manage multiple projects effectively in a remote setting.
• Meticulous attention to detail and a commitment to accuracy.
• Proactive approach to identifying and addressing potential risks.
• Familiarity with risk management tools and methodologies is a plus.

Benefits

This part-time, remote role offers a competitive pro-rata salary commensurate with experience and expertise. You will gain invaluable experience in legal risk management within the dynamic financial services sector in Stellenbosch, Western Cape . The flexibility of remote work allows for an excellent work-life balance, enabling you to manage your schedule effectively. Our client provides opportunities for professional development and exposure to high-level risk assessment strategies. You will be part of a supportive and forward-thinking team, contributing to the overall stability and integrity of the institution. This is an ideal position for someone looking to leverage their legal and analytical skills in a flexible, impactful capacity.