Head of Legal & Compliance
The Unlimited
Nơi làm việc
Durban
Hình thức tuyển dụng
Toàn thời gian
Chi tiết công việc
Purpose of the Role:
Ensure compliance with all applicable legislation through responsibility for the on-going implementation and maintenance of The Unlimited's compliance program. Includes building and enhancing relationships with key stakeholders, including insurers, FSCA and Information Regulator. Ensure that the company’s compliance objectives are achieved.
Responsible for the company’s legal framework, including panel attorneys, and contracts with third parties. Advise the company on legal matters affecting it.
Key Responsibilities:
• Ensure compliance with regulatory requirements (including but not limited to LTIA, STIA, Insurance Act, PPR’s, FAIS, FICA and POPI specifically)
• Promote a culture that contributes to the overall objective of prudent market conduct and compliance management.
• Represent The Unlimited and its position with the relevant insurers and regulatory bodies, including the FSCA and Information Regulator.
• Monitor compliance across the business and conduct routine assessments of key functional areas.
• Facilitate implementation of regulatory solutions, which take cognizance of The Unlimited’s business model and risk appetite.
• Implement and review control measures relative to risk across the business.
• Complete statutory returns (including CBR’s) and ensure that the company’s obligations to the regulators are met.
• Assess compliance by strategic partners with requirements and ensure that corrective actions are implemented.
• Responsible for the identification of POPI risks, implementation of The Unlimited’s POPI governance framework, processes and controls, assessment of effectiveness and monitoring of POPI compliance overall.
• Develop a strategic plan for data protection in collaboration with external experts.
• Contract management and review.
• Provide legal advice and opinions in consultation with panel attorneys.
• Fulfil lead role on litigation impacting the company.
• Periodically review panel attorneys.
• Monitor legal landscape (e.g. relevant judgments) to ensure impacts of changes in legislation and case law are promptly understood and communicated to key stakeholders.
Knowledge and Experience:
• Appropriate legal degree.
• Admitted Attorney an advantage.
• 10 years’ experience in the financial services industry (ideally in a senior role) or providing legal services into a financial services company.
• Thorough understanding of information security, data governance and IT systems an advantage.
• Registered as a Compliance officer with the FSCA an advantage.
Skill Competencies:
• Proven track record in the interpretation and practical application of legislation.
• Lateral thinker who is not afraid to challenge the traditional way of doing things.
• Relevant practical financial services legal / compliance experience.
• Excellent communication and problem-solving skills.
• Ability to influence at a senior level, including strategic external stakeholders.
• Strong evaluation and analytical skills.
• Attention to detail.
Personal Characteristics:
• Self-Generator
• Driven
• Analytical
• Accurate
• Proactive
• Team player
• Solution Oriented
