Statutory Compliance Manager
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Job Summary
Introduction
Based in Jet Park the purpose of this position is to ensure legal and contractual compliance for new and existing business by managing high-volume legal documentation customer onboarding and credit vetting processes. The role oversees security arrangements maintains accurate records across systems and ensures adherence to statutory and regulatory requirements. It supports risk management through monitoring reporting and compliance activities.
Duties & Responsibilities
Legal & Contract Administration (High Volume)
- Manage a significant volume of legal and contractual work relating to onboarding new customers drafting coordinating and executing security documentation and ensuring full legal compliance for all new and existing accounts.
- Liaise with prospective retailers regarding SPARs legal and security requirements for new business ensuring full understanding and agreement prior to onboarding.
- Oversee the preparation review and finalisation of all securities including Notarial Bonds Bank Guarantees Funds in Trust Suretyships Option Agreements and other contractual documents.
- Arrange the drafting signature processes and registration of all legal securities through attorneys banks and relevant authorities.
- Ensure the safe custody tracking and retrieval of all signed legal and security documents.
- Manage the end-to-end new business onboarding process from initial application to final registration.
- Prepare all security packs required for credit assessments in collaboration with the Credit Manager.
- Conduct comprehensive credit vetting for new applicants including verification risk analysis KYC checks and ensuring proper approval levels are met.
- Maintain and update debtor profiles in conjunction with the credit bureau.
- Liaise closely with the Retail Operations Department regarding new business applications store ownership changes and security requirements.
- Maintain and update securities credit limits and related data across AS400 SAP BPM and ICC IRO.
- Manage the annual collection and reporting of wine and liquor licences.
- Maintain and update the securities database to ensure complete accuracy
- Track all new business applications using internal systems and tools ensuring that all securities are lodged registered and completed with zero outstanding items.
- Provide weekly progress and status reports on all new business legal documentation and credit vetting workflows.
- Conduct annual and ad-hoc credit reviews to support ongoing risk management.
- Oversee legal collections handovers where required.
- Process and verify cashbook payments.
- Prepare loan applications and manage KYC compliance.
- Creating reviewing and updating financial reports
Desired Experience & Qualification
- National Senior Certificate (Matric) is a pre-requisite.
- A relevant paralegal securities or credit-management qualification is essential
- LLB or equivalent qualification (advantageous)
- Prior experience in paralegal work securities administration or credit management is essential.
- Minimum 5 years experience.
- Previous litigation or legal collections experience is an advantage.
- Must have hands-on experience with securities and the execution/registration of security documents.
- Must have a strong working knowledge of finance.
- Strong interpersonal skills with the ability to liaise across a broad spectrum of stakeholders including attorneys retailers banks and internal departments.
- Strong organisational and time-management capabilities; able to manage high volumes of contracts and documentation.
- Highly deadline-driven with excellent planning ability.
- Effective verbal and written communication skills.
- Strong analytical capability and problem-solving skills.
- High attention to detail and accuracy.
Kindly note: All applications are to be submitted through the Careers Site and Pnet. Please refrain from calling the Distribution Centre (DC) or emailing applications directly.
Your application and all personal information provided herein is protected under the Protection of Personal Information Act (4 of 2013) hereinafter referred to as the Act.
- The SPAR Group LTD with its head offices at 22 Chancery Lane in Pinetown is collecting this information to enable us to facilitate your application and /or assess your suitability for the advertised position. This information will be used for this purpose only and disposed of thereafter unless you consent to the information being retained for marketing purposes.
- Where shortlisted your information will be retained for a period of 3 months and disposed of immediately thereafter if you are unsuccessful in your application. Where employment is offered it will be retained as part of your employee portfolio and secured accordingly.
- This information is given to us by you voluntarily and of your own free will.
- If you do not wish to provide us with this information are unable to do so or object to it being used it will result in the disqualification of your application.
- In the course of the recruitment process and for matters related to your application only we may share your information with third parties.
- You have the right to access this information while in our possession and make corrections if necessary.
- You have the right to lodge a complaint via email with the office of the Information Regulator at if you are unhappy with the manner in which we deal with your information.
Required Experience:
Manager
Key Skills
- Abinitio
- Apprentice
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- Cost Estimation
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