Legal Risk Analyst - Financial Services

Placements24; Cape Town; Hybride; ZAR 900 000 - 1 300 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Bonuses

Medical benefits

Professional development

Generous leave

Résumé du poste

WhatJobs Direct in Cape Town is seeking a meticulous Legal Risk Analyst to identify, assess, and mitigate legal and regulatory risks in the financial services sector. The role requires strong analytical skills and knowledge of FAIS, FICA, and POPIA, with hybrid work options for collaboration between in-office and remote teams.

You will develop risk mitigation strategies, monitor regulatory changes, and prepare regulatory filings while partnering with legal, compliance, and business units to

Qualifications

• Bachelor's degree in Law, Finance, or related field is required.
• Minimum 4 years of experience in legal risk or compliance in financial services.
• In-depth knowledge of SA financial regulations (FAIS, FICA, POPIA).
• Strong analytical and problem-solving skills with meticulous attention to detail.

Responsabilités

• Conduct comprehensive risk assessments across all business operations.
• Monitor legislative changes affecting financial services and advise on adjustments.
• Develop and implement risk mitigation strategies and control frameworks.
• Investigate and report on compliance breaches and recommend corrective actions.
• Assist in the preparation of regulatory filings and disclosures.
• Collaborate with internal audit, compliance, and legal teams to ensure a cohesive approach to risk management.
• Provide training and guidance to business units on legal and regulatory compliance matters.
• Prepare clear and concise risk reports for senior management and relevant committees.
• Support the legal department in developing and refining internal policies and procedures.

Connaissances

Analytical thinking

Regulatory knowledge

Risk management

Data analysis

Communication skills

Formation

Bachelor's degree in Law, Finance, or a related field

Outils

Risk management tools

Description du poste

About the Role

Our client, WhatJobs Direct, is looking for a meticulous and analytical Legal Risk Analyst to join their dynamic legal department based in the vibrant city of Cape Town, Western Cape, ZA. This role focuses on identifying, assessing, and mitigating legal and regulatory risks within the financial services sector. The successful candidate will be instrumental in ensuring compliance with a complex web of financial regulations and policies. This is a hybrid role, offering a balance between in-office collaboration and remote flexibility. You will work closely with legal, compliance, and business teams to develop and implement robust risk management strategies. Your insights will be critical in protecting the company from potential legal challenges and maintaining its reputation for integrity and trustworthiness. We seek an individual with a strong understanding of financial markets, regulatory landscapes, and risk assessment methodologies. The opportunity presents significant scope for professional growth and the chance to make a tangible impact within a leading financial institution.

Key Responsibilities

• Conduct comprehensive risk assessments to identify potential legal and regulatory exposures across all business operations.
• Monitor changes in legislation and regulatory requirements affecting the financial services industry and advise on necessary adjustments.
• Develop and implement risk mitigation strategies and control frameworks.
• Investigate and report on compliance breaches and recommend corrective actions.
• Assist in the preparation of regulatory filings and disclosures.
• Collaborate with internal audit, compliance, and legal teams to ensure a cohesive approach to risk management.
• Maintain an up-to-date understanding of industry best practices in legal risk management.
• Provide training and guidance to business units on legal and regulatory compliance matters.
• Prepare clear and concise risk reports for senior management and relevant committees.
• Support the legal department in developing and refining internal policies and procedures.

Requirements

• Bachelor's degree in Law, Finance, or a related field.
• Minimum of 4 years of experience in legal risk, compliance, or a related role within the financial services sector.
• In-depth knowledge of South African financial services regulations (e.g., FAIS, FICA, POPIA).
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent written and verbal communication skills.
• Proficiency in risk management methodologies and tools.
• Ability to work effectively both independently and as part of a team in a hybrid work environment.
• Familiarity with data analysis and reporting tools.
• Experience in liaising with regulatory bodies is an advantage.
• Based in or willing to commute to Cape Town, Western Cape, ZA for hybrid work requirements.

Benefits

• Competitive annual salary.
• Performance-based bonuses.
• Comprehensive medical and retirement benefits.
• Professional development opportunities and support for further certifications.
• A collaborative and supportive team environment.
• Access to advanced analytical tools and resources.
• Generous leave policy.
• Opportunities to work on high-profile projects within the financial sector.
• Potential for advancement within the organization.