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To support the Managing Executive of Risk, Regulatory and Compliance with the implementation and management of key compliance initiatives by enhancing and maintaining the existing controls within the financial services division as it specifically relates to insurance, payments, lending and / or banking related products and services. The role will further provide general day to day support in terms of managing stakeholders and the needs of their respective business units.
- Interfacing, monitoring and advising on pending, anticipated and new legislation and bills that impact on the businesses.
- Assisting in the preparation of business risk and / or privacy impact assessments.
- Assisting the broader Risk, Regulatory and Compliance team in ensuring compliance with the current regulatory environment, internal policies and relevant
- contractual agreements in accordance with an internal compliance plan.
- Sourcing and providing reference materials and doing relevant legal research and providing legal opinions and advice regarding interpretation of laws vis-a-vis the
- Company’s operations, from time to time.
- Assist in the development of Terms and Conditions for New Products as may be launched from time to time.
- Preparing, vetting and / or facilitating the execution of legal documents / agreements in conjunction with the Vodacom Group Legal division.
- Create a mechanism to ensure timely renegotiation and renewal of key contracts prior to expiry as well as engaging with the outsourced service providers to
- provide oversight and assess levels of risk and compliance.
- Assist the business in coordinating any engagements with industry regulators.
- Any other duties as may be assigned by the ME: Risk, Regulatory and Compliance from time to time.
Stakeholder management
- Analyse and facilitate responses to complaints (internal and external).
- Engage with internal (Project Support) and business stakeholders.
Assist in the implementation of the compliance training and awareness program
- Assist management in creating a compliance culture and in embedding compliance principles, values and sound business practices into existing training mediums.
- Assist management to create new mediums of communication to enhance compliance awareness and knowledge within the Company.
Regulatory analysis as it relates to respective business units of the Financial Services division
- Assists with the analysis and documentation of regulatory compliance requirements especially as it relates to opportunities that may be relevant to the division.
Assessing the risk of changes to Regulatory Environment
- Identify and track changes to existing and new laws
- Impact analysis across business processes and systems
- Excellent Interpersonal and Communication Skills.
- Proven track record of previous legal, compliance and contract drafting and negotiation skills, especially in the context of a financial services company.
- Good understanding of both Technology Law as it applies tothe financial services industry.
- A good understanding of Laws and Regulations, as it relates to payment services, privacy, outsourcing arrangements, and a workable knowledge of insurance, lending and investment based laws within South Africa.
- Demonstrate ability to interact with regulators.
- Prior experience in a law firm and / or multinational company.
- Build trust and maintain values that ensure mutual respect between the Company and other stakeholders (internal & external)
- Able to guide and assist professionals and synergize with other departments / functional heads.
- Ability to multitask and work in a fast paced environment.
- Results-driven, perseverance, proactive, responsible and an ethical person with a passion for regulatory and ability to strike a balance between compliance and business interest.
Job Skills:
- Ability to transfer regulatory knowledge into sound business practices.
- Analytical and sound financial / commercial acumen.
- Effective interpersonal and communication (verbal and written skills)
- Relationship management including influencing and persuasion skills
- Presentation and facilitation skills
- Enticing incentive programs and competitive benefit packages
- Retirement funds, risk benefits, and medical aid benefits
- Cell phone and data benefits, advantages fibre connection discounts, and exclusive staff discounts offered in collaboration with partner companies
Closing date for Applications: 12 August 2025.
The base location for this role is Vodacom Midrand Campus.
The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates, and values diversity & inclusion.
