Senior Compliance Specialist (PJN) at Weaver Fintech Ltd

More about the role:

• Knowledge of applicable legislation – including but not limited to NCA, CPA, POPIA, FAIS Act, FICA, RICA, BCEA, LRA, EEA, and related the financial services laws relevant to BNPL, payments & card, MVNO and crypto currencies.
• Staying updated on the latest industry trends, regulatory updates, and legal developments relevant to the business and report any potential risks to management.
• Preparing opinions & memorandums (with or without external legal counsel), including presenting these opinions to key business stakeholders.
• Drafting, facilitating and monitoring the regulatory framework to ensure business policies and practices meet regulatory and legislative requirements – such as conduct, ethics, employment, standard operating procedures, process documents, etc.
• Providing support and offering strategic guidance and risk assessments on regulatory aspects to the business.
• Managing the compliance calendar in SA to ensure regulatory requirements are adhered to accurately and timeously, including but not limited to training, license renewals, payments, submitting reports.
• Design, implement and monitor a compliance program and roadmap for the business to ensure ongoing monitoring against legislation, planning improvements or new implementations and provide feedback to management.
• Drafting compliance training program and material for the business, actively driving training of staff with the assistance from People Department.
• Engaging with regulators in the form of complaints, reports, inspections as and when required.
• Prepare reports (monthly and quarterly) to be used in presentations to Exco, Board, RAC and other committees to highlight legislative changes, point out risks, provide confirmation of compliance milestones achieved.
• Leading certain workstreams around legislative compliance requirements around FIC, FAIS, RICA and POPIA.
• Being the representative or deputy representative on regulatory websites like GoAML, RICA, and POPIA.
• Ad hoc project work as needed by business and in response to regulatory changes & requirements.

More about you:

• A collaborator
• A multi-tasker
• An initiator
• A strong communicator (written and verbal)
• Self-driven
• Possessing a strong commitment to delivering high-quality compliance solutions within a sensitive timeframe, aligned with business needs & objectives.

Qualifications & Accreditations:

• LLB degree
• Admitted attorney in South Africa, maintaining good standing within the legal profession
• Qualification in Compliance
• 4-6 years PQE, with demonstrable practical experience in areas such as compliance programs, frameworks, monitoring, reporting, training in the BNPL, payments & card, credit and financial services industry

Experience & Skills:

• Proficient technical drafting
• Critical & creative thinking
• Confident public speaking & presentation skills
• Taking initiative & being proactive in performance of job
• Timeous delivery of work within agreed timelines, managing expectations of coworkers & timeous escalation of work when required