| JOB NAME |
Specialist : Legal & Compliance (FTC - 12months) Centurion
POSTED BY: Land & Agricultural Development Bank
REF:LBAF 26
Date Published:Monday, November 30, 2020
Date of Expiration:Saturday, May 29, 2021 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | CENTURION in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Contract |
| MAIN JOB DESCRIPTION |
Closing Date 2020/12/07
Reference Number LAN201127-1
Job Title Specialist : Legal & Compliance (FTC - 12months) Centurion
Division Land Bank Insurance Company
Unit LBIC
Job Type Classification Contract
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
JOB ADVERT SUMMARY
To assist with providing legal advice and opinions, vetting agreements and business coordination requirements, identifying regulatory risks, assessing controls and conducting monitoring reviews within LBIC and LBLIC. To ensure that compliance risks identified during the risk identification stages and monitoring reviews, that remedial actions are tracked until completion and mitigation of risks.
KEY PERFORMANCE AREAS
Legal Advisory Services
1. Provide legal advice and legal opinions to business on proposed business arrangements;
2. Once a business arrangement is approved, provide legal advice regarding structure and contracts in line with legislative requirements.
3. Review, draft and/or vet contracts / agreements as and when required.
Assist with Legal Recoveries
1. Conduct monitoring reviews on LBIC and LBLIC policies and agree on recommended remedial actions with business
2. Conduct reviews on AML/CFT (FICA) reporting obligations to the Financial Intelligence Centre (FIC)
Governance Coordination
1. Assist with Governance and coordination requirements of policy reviews, updating the Policy Register, coordinating with Company Secretarial regarding;
2. Assist with Business Coordination within the Public Officer’s office in terms of documentation, collation and tracking submissions thereof;
3. Assist the Public Officer’s office with tracking and collating statutory Returns and submissions; and
4. Assist the Public Officer’s office in terms of business, legal and governance matters on an ad-hoc basis as and when required
Compliance Management
1. Assist with Compliance and Risk Management Plans (CRMPs) on the new and updated key legislation and update the Regulatory Universe;
2. Update Compliance registers and findings log and follow up on outstanding items with the relevant teams;
3. Assist the Compliance function in terms of business, legal and governance matters on an ad-hoc basis as and when required.
4. Provide inpuits to the Regulatory Universe.
Assurance and Monitoring
1. Conduct monitoring reviews on LBIC and LBLIC policies and agree recommended remedial actions with business
2. Conduct reviews on AML/CFT (FICA) reporting obligations to the Financial Intelligence Centre (FIC)
Compliance Training
1. Conduct monitoring reviews on LBIC and LBLIC policies and agree recommended remedial actions with business
2. Conduct reviews on AML/CFT (FICA) reporting obligations to the Financial Intelligence Centre (FIC)
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| REQUIREMENTS FOR THIS JOB |
PREFERRED MINIMUM EDUCATION AND EXPERIENCE
1. Legal Degree and / or equivalent
2. 2-4 years experience as a Legal Advisor / Compliance Officer in the short and long-term insurance industry.
Critical Competencies
1. Microsoft Office
2. Knowledge of risk management framework
3. Knowledge / Experience of compliance systems / tools
4. Knowledge of Compliance related legislation
5. Knowledge of Business and Legal Principles and Interpretation
6. Interpretation of statutes/ law
ADDITIONAL REQUIREMENTS
1. Travel as and when required
2. Extended hours as and when required
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English 
FRENCH
