Legal Consultant Job Vacancy

Full Time South African Reserve Bank in Public Entities
  • Post Date: Jun 24, 2022
  • Apply Before : Jun 24, 2022
  • View(s) 0

Job Details

  • Qualifications Bachelor Degree
  • Industry Business, finance and economy
  • Reference Job: IRC32713
  • Centre Pretoria, ZA
  • Where to submit application
  • Notes
    Internal applicants MUST apply through the ERP system. External applicants MUST apply online, via • All the available vacancies will be visible. • Please follow these links: [email protected] > Current vacancies. • Login: o Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or o Already registered on our Job Site? > Already registered? > Login here. • Select the ‘Date posted’ > ‘Last 3 weeks’ (in the drop-down menu). • Select the appropriate IRC number to view the full advertisement. Do not enclose copies of your identity document or qualifications with your application. Shortlisted applicants will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process. The closing date for applications is 24 June 2022. Late applications will not be considered. In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply. The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence. Ms Sarah Molomo Senior Manager: Recruitment and Selection Human Resources Department South African Reserve Bank

Job Description

Brief Description The main purpose of this position is to analyse and make recommendations on applications for the licensing, registration and other approvals required in terms of relevant legislation to ensure compliance with legal and prudential governance frameworks. Detailed Description The successful candidate will be responsible for the following key performance areas: • Conduct a legal assessment by analysing applications in terms of the Financial Sector Regulation Act 9 of 2017 (FSR Act) and related sectoral laws and regulations by testing against compliance with legal requirements as prescribed by relevant legislation. • Engage applicants and frontline teams to provide information and legal guidance in respect of submissions for approval sought in terms of the FSR Act and related sectoral laws and regulations. • Engage regulatory bodies for concurrence and related legislative requirements. • Formulate, motivate and submit recommendations to relevant committees for consideration and decisions on applications received. • Engage with various stakeholders/external parties and/or participate in internal/external forums/industry meetings in order to execute the mandate of the regulator as per legislation. • Promote corporate governance as prescribed in the relevant legislation (e.g. Banks Act 94 of 1990, Insurance Act 18 of 2017, Financial Markets Act 19 of 2012) in respect of the appointment of executive officers/key persons. • Initiate, negotiate, draft and conclude memorandums of understanding with other regulators for information sharing and joint supervision purposes. • Stay abreast of, and appropriately apply, any changes relevant to the legal field/regulatory environment. • Participate in working groups and provide input into the development of appropriate legislative and regulatory frameworks that impact the financial sector. Job Requirements To be considered for this position, candidates must be in possession of: • a Bachelor’s degree in Law or an equivalent qualification; and • a minimum of five to eight years’ experience within a legal environment with exposure to financial and regulatory environments. Additional requirements include: • knowledge of business protocol; • innovative problem-solving skills; • good communication skills; • good interpersonal skills; • good working knowledge of Microsoft Office and other related software packages; • knowledge of the FSR Act and related financial sector laws and their respective regulations; • industry, business and organisational knowledge and skill; • quality assurance knowledge and skill; • continuous improvement knowledge and skill; • continued learning/professional development knowledge and skill; • knowledge of relevant legislation, regulation, legal principles, procedures, practices and tools; • research knowledge and skill; and • reporting knowledge and skill.

South African Reserve Bank
The Application deadline closed.

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