Purpose of the role: to ensure compliance with legal obligations and support implementing changes related to regulatory requirements in South Africa and subsidiarily in Nigeria.
Responsibilities and Key Activities
· ensuring compliance of Company operations with laws,
· monitoring changes in laws relating to Company operations,
· managing relations with regulators & acquiring banks,
· coordinating audits carried out at the Company by supervision authorities,
· expressing opinions on new products and services in respect of Compliance requirements,
· expressing opinions on communication directed to Company’s customers,
· participating in drafting of agreements for products and services offered by the Company,
· consulting procedures drafted by other units and making recommendations to them, as well as keeping the register of internal regulations applicable at the Company,
· exercising control over following by Company employees of internal regulations and values applicable at the Company,
· educating Company employees in Compliance requirements, in particular in the scope of counteracting money laundering and terrorism financing
· executing of obligations resulting from anti-money laundering and terrorist financing policy
Qualifications and Experience
Entry-level Requirements
· 3 year’s experience in compliance or legal in a financial institution
Professional Requirements
strong knowledge & understanding of the payment or financial services industries, in particular supervision laws applicable to payment service providers.
Skills and Knowledge:
· Knowledge of MS OFFICE;
· English knowledge on the professional level;
· Ability to work in a team;
· Communication skills;
· Ability of analytical thinking, creativity and consistency in action;
· Ability to mediate in problem situations;
Behavioral Competences:
· Ability to be willing to take action to address needs without being requested to do so.
· Acknowledging diverse opinions, addressing relevant concerns, minimizing conflict, promoting harmony.
· Ability to identify and set priorities, plan and effectively allocate appropriate resources.
Ability to work well under pressure