Legal and Compliance Business Partner

5 days ago


Johannesburg, South Africa Momentum Metropolitan Holdings Full time

-Introduction

Provide specialist legal advice to ensure legal soundness of operations and effective execution of commercial transactions across the business.
Role Purpose

Provide specialist legal advice to ensure legal soundness of operations and effective execution of commercial transactions across the business and support on legislative, regulatory compliance matters and legal agreements to effectively manage clients legal and compliance risks.
Requirements
- LLB Qualification
- Admitted Attorney of the high court
- Post graduate qualification preferred
- Advanced MS Office
- At least 5 years of insurance experience post admission
- Experience in insurance or financial service industry specifically life
- and non-life insurance
- Solid knowledge about the laws applicable in the financial services industry
- Sound experience in contract drafting
- Working knowledge about the litigation process and compliance
Duties & Responsibilities
- Provide support on legislative, regulatory compliance matters and legal agreements to effectively manage clients legal and compliance risks
- Provide expert advice to business on various legal and compliance technical matters in line with legal and compliance framework and best practice
- Ensure that the legal and compliance operating environment is structured and up to date. Thus, all client structures and legal agreements are up to date, signed off and complete
- Manage litigation related matters to enable a consistent approach and mitigate risk
- Provide the business executive leadership with a view of legal and compliance issues and status of risks and provide expert opinion on any matters arising
- Ensure that all legal execution documents are executed in accordance with relevant industry legislation and requirements
- Provide legal advice to all stakeholders on any corporate legal related matters to ensure soundness of commercial operations enabling business to achieve its objectives
- Advise, assist or lead on legal negotiations, including the reviewing and drafting of all legal documentation
- Provide legal advice on client and supplier contractual matters to business stakeholders
- Review and ensure that all relevant client and supplier contractual documents are in line with business and legal requirements
- Review, anticipate and guard against legal and compliance risks facing the company in projects and transactions
- Update and educate the business on changes or amendments to business laws and advise how this may affect the business and provide plans to address changes
- Act as the custodian of the contract management system, and administration in relation to all agreements
- Assisting with complaints and enquiries from the regulatory authorities as well as coordination of the gathering of relevant information in order to respond
- Assist Portfolio Managers in respective allocated area with all legal and compliance matters, including but not limited to:

- Attending operational meetings with clients;Assisting clients with legal and compliance queries
- Conducting compliance reviews of client documentation
- Conduct research on various adhoc legal and compliance aspects
- Gathering and collation of comments to new and existing legislation
- Drafting of various internal legal and compliance reports to committee and operational meetings
- Consideration of, recording and circulation of legal opinions obtained from external legal firms
- Coordinate the gathering of relevant information in response to formal enquiries by the regulatory authorities
- Maintain and manage positive relationships with internal and external stakeholders
- Control the budget for area, including the authorisation of expenditures and implementation of financial regulations
- Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy
Competencies
- Business Acumen
- Collaborative
- Good communication skills
- Analytical
- Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.



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