ROLE PROFILE FOR LEGAL, RISK AND COMPLIANCE SPECIALIST

COMPANY INFORMATION:

Granite Central Securities Depository (Pty) Ltd
Rivonia Gate Office Park
381 Rivonia Boulevard, Sandton
PostNet Suite 19, Private Bag X51, Rivonia, 2128
+27.11.568.7440 (office)
+27.11.234.2721 (fax)

PURPOSE OF THE JOB:

The role of the legal and compliance specialist is to make sure that the company is conducting its business in full compliance with all national and international laws and regulations that pertain to its particular industry, as well as professional standards, accepted business practices, and internal standards.
They are responsible for monitoring all legal affairs within their organization. They handle both internal and external legal concerns, and are tasked with doing everything in their power to keep their organization out of legal trouble. They also fulfil the role of supervising Central Securities Depository Participants.

ROLES AND RESPONSIBILITIES:

The successful candidate will be responsible for:

• Supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up-to-date with its licensing requirements
• Reporting their findings to the company’s governing body and recommend any needed changes to the Risk Sub Committee
• Providing proactive, in-depth, legal, business-focused advice to the company, as well as implementing initiatives and processes in order to set standards and reinforce a culture of integrity, quality, ethical behaviour and responsibility across the company
• Analysing and identifying the legal risks and implications of all the company’s transactions, keeping the senior management in all departments of the company informed of developments in laws and regulations that potentially affect the company
• Conduct periodic external reviews or audits of CSDPs to ensure that compliance procedures are followed
• Reporting any CSDP issues or conflict of interest to Regulatory and Supervisory Committee
• Assessing product, compliance, or operational risks and develop risk management strategies
• Conduct or direct the internal investigation of compliance issues
• Oversee and monitor activities for compliance of company and financial market regulations
• Legal management
• Compliance management
• Governance
• Documenting and maintaining internal procedures and processes
• Document and manage the changes of rule processes and sign-off
• Document and manage the changes of directive processes and sign off by the Market and Board

SKILLS AND COMPETENCIES:

The successful candidate should possess the following skills and competencies:

• Regulatory compliance
• Risk management/control
• Anti-money laundering (AML)
• Financial compliance
• Writing procedures and documentation including rules and directives
• Communication/ interpersonal skills
• MS office
• Legal skills
• Leadership/people skills

QUALIFICATIONS AND EXPERIENCE:

The successful candidate should have:

• Matric
• 5 years’ experience in legal and/or compliance position
• Relevant tertiary legal qualification(s) (preferred but not essential)
• Relevant compliance qualifications and/or experience

ADDITIONAL INFORMATION:

The Legal and Compliance Specialist will report to the Head of Legal Risk and Compliance