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  • Posted: Jan 29, 2025
    Deadline: Not specified
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  • Sasria is a public enterprise listed under schedule 3B of the Public Finance Management Act No 1 of 1999. We are a non-life insurance company that provides coverage for damage caused by special risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorders. Our journey began over 40 years ago, after becoming inspired by...
    Read more about this company

     

    Head of Legal and Compliance

    ​Minimum Requirements 

    Qualification

    • Bachelor of Laws degree
    • Master’s degree in commerce, Business Administration, Management, Law or related field
    • Admitted Legal Practitioner

    Experience

    • Minimum of 5 years of relevant senior management experience, leading a function, interacting with and providing advisory to executive management.

    Duties and Responsibilities   

    Key Performance Areas/Tasks 

    Strategic Alignment:

    • Proactively direct and oversee the compliance function, ensuring that the organisation remains compliant with all relevant legal prescripts including legislation, regulations and directives.
    • Collaborate with the executive management team to provide legal advice to and advance Sasria’s interest.
    • Provide strategic advice and counsel to the company in terms of the legal impact of strategic plans and actions – locally or internationally
    • Participate in the development of Sasria’s overall strategy.
    • Develop and implement legal and compliance framework, strategies, policies, ensuring alignment with the overall organisational strategy.
    • Develop the function’s operational plans and monitor implementation thereof 

    Legal :

    • Provide legal services and guidance to the organisation as needed on matters including contracts, short term insurance, labour law and company law among others
    • Provide general legal advice pertaining to organisational decisions regarding scope, mandate and shareholder interactions
    • In collaboration with the executive management, manage various complex legal projects
    • Collaborate with external legal counsel and other stakeholders to facilitate and ensure attainment of organisational objectives.
    • Analyse new legislation and regulation and advise the company on how it will impact its operations

    Compliance:

    • Assume overall accountability for the adequate legal and compliance risk management framework
    • Ensure that the framework for Legal and compliance risk management is in alignment with the Sasria’s enterprise risk management
    • Implement leading practices and processes in the compliance management fraternity
    • Conduct compliance risk and vulnerability self-assessments within Sasria’s business units.
    • Ensure Sasria delivers on its compliance related reporting obligations
    • Provide management reports on compliance operations and progress, on a regular basis, and / or as directed or requested by Line Manager, to keep Management informed of the operation and progress of compliance efforts.
    • Implement adequate compliance management tools/ technology to effectively and efficiently deliver on functional mandate

    Operations:

    • Managing Contracts and Service Level Agreements
    • Drive the reduction of Corporate Risk by Ensuring all Contractual Relationships are done in compliance with Sasria and legal requirements
    • Ensure appointment and management of the panel of attorneys.
    • Represent Sasria in regulatory forums (e.g. SAIA legal committee)

    Financial:

    • Compile and manage functional budget and forecasts
    • Manage legal costs and where applicable oversee the taxation of costs

    People Management:

    • Ensure adequate capacity resourcing for the function to successfully execute its mandate.
    • Recruitment and development of skilled staff
    • Oversee, support, coach and develop performance of direct reports, ensuring agreement of performance targets, measuring performance against agreed goals and dealing with non-performance accordingly.
    • Talent management of direct reports, including career developments and paths for all staff and succession planning for key positions.
    • Ensure that the working environment contributes to improving staff morale and increasing productivity

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Sasria on sasria.erecruit.co to apply

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