Legal & Compliance Officer

September 14, 2024

Curo Fund Services (Pty) Ltd.

Northern Suburbs

FULL TIME

Role Purpose
The Legal and Compliance Officer is responsible for overseeing the company’s legal and regulatory compliance activities within Curo. This role includes ensuring that the company adheres to all relevant laws, regulations, and internal policies while minimising legal risks. The Legal and Compliance Officer works closely with internal departments to promote a culture of compliance and ensure that the company’s activities meet regulatory standards.
Key Responsibilities
1. Implementation and Execution of the Legal and Compliance functions

Review and administration of all business, vendor and client contracts including service level agreements, revising and updating these as required.
Drafting new business, vendor and client contracts including service level agreements.
Perform ongoing legislative risk analysis as it pertains to the business and reporting of any gaps in legislative compliance.
Execute a risk-based compliance monitoring framework and plan.
Assist in the completion of required compliance submissions to the regulators, i.e. FSCA, FIC, etc.
Assist in drafting and revising relevant compliance related company policies and communicate to the business.

2. Legal and Compliance Consulting, Collaboration and Relationship Management

Keeping abreast of the laws applicable to Curo and its clients and ensuring that business units are aware of its position with respect to the law.
Timeously communicating changes in legislation and its impact to the business.
Assist with reporting to the applicable regulators, especially FSCA.
Assist with Legal or compliance advisory to management as required or perform necessary research.
Assist Human Resources with labour law issues that may arise.

3. Assist company secretary

Assist the company secretary in duties where applicable.
Advise on Companies Act or Corporate Governance changes.

4. Training and Awareness

Develop and deliver mandatory or non-mandatory training programs for employees on regulatory compliance, legal obligations, and ethical behaviour.
Promote a culture of compliance across the organisation, ensuring that employees understand their legal and ethical responsibilities.

5. Report relevant legal and compliance information to the business and the Curo Board

Assist the GRC manager with draft reporting to management as regards to legal and compliance activities and status of compliance.
Assist the GRC manager with draft reporting to the Finance & Risk Committee as regards to the legal and compliance risk profile of the company.
Complete all regulatory reporting as and when required

Competencies

Communication Skills: Clearly conveys legal and compliance information to internal teams and external regulators, good drafting skills and the ability to interpret business processes into legally sound documents.
Problem-Solving: Anticipates potential compliance issues and develops effective solutions
Analytical Skills: Ability to assess risks and provide sound legal and compliance advice.
Attention to Detail: Ensures thoroughness and accuracy in compliance checks and legal documentation.
Time Management: Effectively manages time and prioritises tasks to meet deadlines.
Adaptability: Demonstrates flexibility in handling changing requirements and workloads.
Influencing skills: Ability to work collaboratively and influence others in a fast-paced, dynamic environment.
Client Focus: Prioritizes client needs and ensures high levels of client satisfaction.
Risk Management: Ability to systematically identify, assess, and mitigate potential threats to ensure organisational resilience and strategic success.
Integrity: Upholds the highest ethical standards in all decision-making processes.

Qualifications & Experience

Bachelor’s degree in Law, Finance, Business Administration, or a related field.
A legal qualification or professional certification in compliance (e.g., ICA, CAMS) is preferred.
5-7 years’ experience in legal and compliance within the financial services industry is beneficial.
Strong knowledge of securities laws, financial regulations, and corporate governance principles.
Experience with AML and KYC processes, as well as data protection laws.