Legal Administrator at Indwe Risk Services

PURPOSE

• To ensure that business functions within the Legal and Compliance frameworks
• To provide legal input, co-ordination and administrative support with regards to Indwe’s Legal and Compliance Framework.

CONTEXT

(External/ Internal factors which influence the work environment, taking into account future conditions and strategic requirements.)

• Financial Services Sector
• Regulatory Financial Bodies (IFRS, KING IV)
• South African Regulatory framework of insurance / brokerage industry
• Competitive environment
• Customer Focus
• Service Excellence
• Target driven environment

CUSTOMERS

(Customers to whom the service is rendered / impacted upon.)

• Suppliers
• Regulatory Bodies
• Group Internal customers
• Shareholders
• Professional Bodies (CSSA)
• Board Members
• Legal firm

VALUES

All Indwe employees are expected to conduct themselves in a manner commensurate with the Indwe values.

Innovative

• Actively seeking continuous Improvement

Nurturing

• To care for our clients with Empathy

Driven

• Proving the best solutions to our customers

Willing

• To learn, grow and embrace diversity

Eager

• To take responsibility and use initiative

SENIOR COMPLIANCE MANAGER

MINIMUM REQUIREMENTS

EDUCATIONS

• LLB or B.Comm (majoring in Risk Management)
• FAIS Regulatory Exam (RE5) (advantageous)
• FAIS Credits at NQF Level (advantageous)
• Practical Legal Training (preferred)

EXPERIENCE

• 2 years compliance, legal and/or risk management experience
• 2 years legal apprenticeship or article period (or working towards)
• Attorney admission examination (or working towards)

COMPETENCIES

SKILLS

• Business Acumen
• Computer Literacy (MS Packages)
• Communication
• Legal writing skills
• Planning and organizing
• Time management
• Analytical Skills and Problem Solving
• Attention to detail
• Interpretation
• Influencing and Negotiation
• Presentation
• Decision making
• Change Management
• Business Insight
• Monitoring
• Building Relationships

KNOWLEDGE

• Corporate Law Fundamentals
• Corporate Governance Fundamentals
• Relevant Legislation
• Continuous Professional Development

PERSONAL ATTRIBUTES

• Verbal & Written Communication
• Assertiveness
• Confidentiality
• Honesty & trustworthiness
• Interpersonal effectiveness
• Service excellence
• Ability to effectively adapt to change
• Accuracy
• Self-motivated
• Self-confidence, visibility and impact
• Resilience
• Excellence Orientation
• Drive
• Enthusiastic
• Flexibility
• Sound Work Ethic
• Result oriented / Deadline orientated
• Professionalism
• Ability to work under pressure
• Work according to set policies and procedures

KEY PERFORMANCE OUTPUTS

Risk Management

• Monitor internal controls to ensure compliance with relevant legislation
• Improve and maintain regulatory compliance
• Manage annual Intermediaries Guarantee Facility renewals
• Manage the collation of relevant tender documents for business as required
• Regular research, and reporting of regulatory changes affecting the business

Contracts and Vendor Management

• Manage all lease and rental agreements for premises and equipment
• Drafting, vetting and finalising of new business contracts according to set standards and negotiations
• Ensure Service Level Agreements are in place in respect of: Agencies, Payroll, Insurers, Partners, Suppliers and Business in general
• Where applicable liaise with the relevant stakeholder and monitor Service Levels and report corrective action
• Monitor potential risk and exposure on contractual obligations and agreements
• Maintain the contractual database (filing and systems)
• Ensure that contractual terms and conditions with suppliers are in line with the business strategy, and report on any irregularities – vetting of all business contracts
• Take ownership of contractual agreements and ensure accuracy of terms and conditions

Corporate Governance

• Monitor compliance to relevant legislation, charters and codes of good practice (Companies Act, Insurance Act, FAIS, GAAP & IFRS, Tax etc. according to internal set guidelines.)
• Report and provide recommendations and advice to business regarding contractual and legal matters
• Assist with drafting and vetting of compliance and risk management company policies and charters, submit to board members for approval; ensure annual revision of approved policies
• Submit regular reporting to Exco, Board and FAR on related matters

Stakeholder Relationship Management

• Build and maintain strategic relationships with key stakeholders
• Brand ambassador – Ensure that the Indwe brand is positioned positively in the market 
• Monitor service level agreements