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Johannesburg: Financial Compliance Manager posted by Lerena Recruitment Services

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Job Description

About the Role

The Financial Compliance Manager will play a critical role in ensuring the firm’s compliance with various laws and regulations, including POPI and FICA. This is an exciting opportunity for a seasoned professional to join our team and contribute their expertise in risk management and compliance.

Key Responsibilities

  • Assist the Firm with discharging its obligations under the various applicable laws
  • Maintain compliance frameworks (Data Privacy, FIC Act)
  • Manage the compliance risk management process with respect to high-risk areas within the firm
  • Mitigate and decrease the firm’s higher risk areas to an acceptable level
  • Develop and maintain policies and process documents
  • Interpret and apply laws, regulations, industry codes, and guidance notes issued by regulators
  • Conduct risk assessments and Impact assessments
  • Develop and manage risk management plans
  • Attend to ad hoc duties as assigned from time to time

Requirements

  • BCOM, BCOM Law, or BCOM Accounting degree with at least 8 years of experience in compliance and risk management, or a Risk Qualification with at least 8 years’ relevant experience
  • AML certificate / ACAMS qualification

Qualifications

  • Formal education/certifications not explicitly mentioned.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Legal Jobs in Gauteng

Gauteng, the economic hub of South Africa, is home to a diverse range of industries that require skilled professionals to drive growth and success. Typically, legal positions in Gauteng cater to a broad spectrum of sectors, including financial services, technology, and manufacturing, among others. Generally, these roles involve advising clients on contracts, regulatory compliance, and dispute resolution, among other essential duties.

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The salary range for legal professionals in Gauteng is often commensurate with experience, company size, and industry sector. Broadly speaking, common salary ranges for entry-level lawyers in this region typically start at R400 000 – R600 000 per annum, while senior professionals can expect to earn between R1 million – R3 million+ per year, depending on the specific role, industry, and level of experience.

Common skills required for legal positions in Gauteng include proficiency in South African law, excellent analytical and problem-solving skills, effective communication and negotiation abilities, attention to detail, business acumen, and a strong understanding of industry-specific regulations. Additionally, many organizations require lawyers to possess a degree in law (LLB or equivalent), be admitted as an attorney of the High Court of South Africa, and have relevant work experience.

The legal profession in Gauteng is often characterized by its diverse range of industries, including financial services, technology, manufacturing, and public sector organisations. Financial services sector roles often involve advising clients on banking and finance regulations, while technology industry lawyers focus on intellectual property, data protection, and software licensing agreements. Manufacturing sector lawyers, on the other hand, tend to work on contract negotiations, product liability, and compliance with health and safety regulations.

Career development opportunities for legal professionals in Gauteng are plentiful, with many organisations investing in training and development programs to upskill their teams. Typically, this includes in-house training initiatives, mentorship schemes, and access to continuing professional development (CPD) courses. Generally, career progression paths may involve moving into senior roles, such as company counsel or in-house legal heads, or pursuing alternative careers within the legal profession, such as mediation, arbitration, or academia.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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