Legal Specialist | Cape Town

Findojobs South Africa; Wes-Kaap; On-site; ZAR 450,000 - 600,000; Full time

Job summary

An established asset management and investment research group in South Africa is seeking a Legal Specialist. This role focuses on reviewing agreements, ensuring compliance with FIC and POPIA regulations, and acting as an in-house compliance officer. The ideal candidate will have a Law degree and experience in Financial Services, along with strong communication skills.

Qualifications

• 3-5 years experience in Financial Services industry.
• Ability to draft policies and monitor compliance.
• Experience acting as FICA compliance officer.

Responsibilities

• Review 3rd Party Agreements and assist in fund operations.
• Implement and monitor compliance and risk procedures.
• Act as FICA compliance officer and provide in-house training.

Skills

Knowledge of FIC Act

Knowledge of POPI Act

Strong verbal communication

Strong written communication

Education

Tertiary Degree in Law

Job description

Our Client is on the hunt for an accomplished Legal Specialist to join this esteemed independent asset management and investment research group specializing in Global Investment Strategies and Asset Management Services with a focus on multi-generational capital preservation.

Responsibilities:

• Review 3rd Party Agreements
• Assisting with the establishment and operation of investment funds
• Reviewing different fund Prospectuses
• Implementing Compliance and Risk Procedures
• The company and Client Company Secretarial
• Risk
• Compliance

FIC requirements:

• Knowledgeable in regards to the FIC Act, related legislations and regulations
• Ability to work through regulations etc to draft policies and implement in the business and keep up to date on changes
• Understand and know the reporting requirements
• Submissions and liaison with the FIC
• Ensuring implementation and monitoring of RMCP
• Monitoring, updating and implementing KYC processes
• Draft documents and process when necessary
• Acting as FICA compliance officer
• Provide in-house training

POPIA requirements:

• Knowledgeable in regards to the POPI Act and PAI Act, related legislations and regulations
• Ability to work through GN, regulations etc and draft or amend policies when necessary to keep up to date on changes
• Ensuring implementation, monitoring and updating of POPIA plans and processes and PAIA manual
• Acting as Information Officer
• Submissions and liaison with the Information Regulator
• Deal with requests in terms of POPIA and PAIA
• Deal with and investigate data breaches/security compromises and submitting notifications in terms thereof
• Draft documents necessary in terms of POPIA and ensure clients receive the necessary information and for internal processes.
• Track acceptance or non-acceptance in terms of POPIA requests.

FAIS compliance:

• Liaison with external compliance officer
• Implement internal compliance requirements
• Ensuring requirements are met
• Ensuring record of advice is kept and samples “audited” regularly (client file sampling to ensure adherence to requirements)
• Understanding of FAIS act and related legislation will be an advantage

Requirements:

• Tertiary Degree, with qualification in Law
• 3-5 years experience in Financial Services industry
• A hard working individual with strong verbal and written communication skills