Legal Consultant

SUMMARY:
The main purpose of this position is to analyse and make recommendations on applications for the licensing, registration and other approvals required in terms of relevant legislation to ensure compliance with legal and prudential governance frameworks.

POSITION INFO:

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Conduct a legal assessment by analysing applications in terms of the Financial Sector Regulation Act 9 of 2017 (FSR Act) and related sectoral laws and regulations by testing against compliance with legal requirements as prescribed by relevant legislation.
• Engage applicants and frontline teams to provide information and legal guidance in respect of submissions for approval sought in terms of the FSR Act and related sectoral laws and regulations.
• Engage regulatory bodies for concurrence and related legislative requirements.
• Formulate, motivate and submit recommendations to relevant committees for consideration and decisions on applications received.
• Engage with various stakeholders/external parties and/or participate in internal/external forums/industry meetings in order to execute the mandate of the regulator as per legislation.
• Initiate, negotiate, draft and conclude memorandums of understanding with other regulators for information sharing and joint supervision purposes.
• Stay abreast of, and appropriately apply, any changes relevant to the legal field/regulatory environment.
• Participate in working groups and provide input into the development of appropriate legislative and regulatory frameworks that impact the financial sector.

Job requirements

To be considered for this position, candidates must be in possession of:

• a Bachelor’s degree in Law or an equivalent qualification; and
• a minimum of 5-8 years’ experience within a legal environment with exposure to financial and regulatory environments.

Additional requirements include:

• knowledge of business protocol;
• innovative problem-solving skills;
• good communication skills;
• good interpersonal skills;
• good working knowledge of Microsoft Office and other related software packages;
• knowledge of the FSR Act and related financial sector laws and their respective regulations;
• industry, business and organisational knowledge and skill;

NB! This job is now closed. You can apply for other jobs by uploading your CV.