Job Description

Lesaka Technologies (Pty) Ltd

Division: Cape Town - Platterkloof

Reports To: Enterprise CEO (or Designate)

Primary Objectives/Purpose of Job:

The Compliance Manager (CM) is responsible for driving and overseeing compliance within the Enterprise business to ensure that financial and operational procedures and personal conduct within the business comply with relevant and applicable laws, regulations and contractual agreements. Embedded within the business, this position involves informing and executing on the compliance strategy as well as taking direct responsibility for the efficient and effective execution of day-to-day operational compliance activities, supporting risk-based decision making and strengthening the control environment.


This is an excellent opportunity for an individual to make their mark within the business whilst supporting Group Compliance to achieve the compliance objectives and partnering with business to proactively identify and manage compliance risks.

Duties and Responsibilities (What you will be doing):

Ensure compliance with the applicable regulatory framework, NPS, FICA, POPIA and any other relevant legislation; Develop, roll-out and monitor the implementation of the Risk Management and Compliance (RMCP) program and provide input into the same as part of the enhancement process; Ensure efficient and effective running of the daily compliance operational activities; Assist business to design and implement adequate and effective processes and controls to manage compliance risk; Assist in communicating and driving key aspects of the group compliance frameworks and policies to business stakeholders; Take ownership for the compilation and review of business specific compliance policies and procedures in accordance with the group compliance frameworks and policies; Monitor and execute on the outputs of the compliance dashboards; Review new/existing processes and products to identify and mitigate compliance risk and sign-off on the same; Be proactive and monitor changes to the regulatory landscape and provide the necessary and practical compliance advice and guidance to business partners; Ensure the timely collation and submission of the required reports or returns in accordance with regulatory obligations; Assist in the design, development and delivery of compliance awareness and training interventions to support a strong culture of risk management and good customer outcomes; Ensure timely escalation of material risks or breaches to senior management and group compliance; Effectively manage key internal and external stakeholders within the business and develop good working relationships; Produce periodic compliance reports for the business to track progress of initiatives and value-add of same; and Ensure that any outstanding compliance allocated internal audit actions are closed within deadline.

Knowledge and Experience Required (What you'll need to succeed):

Educational Level:

Legal, Risk or Compliance related degree or equivalent. CISA membership would be advantageous.

Specialist Skills required:

Organisational skills, Leadership skills, Detail orientation, Stakeholder Management skills, Problem-solving and Communication Skills (written and verbal), Effective time management and multi-tasking skills as well as the ability to work under pressure, Ability to work independently or as a team player. Knowledge of relevant laws and regulations.

Experience Required:

3-5+ Years experience in a compliance role within the Financial Services sector preferably in Banking, Fintech or Payments, along with managing/leading a Compliance team. A strong understanding of the relevant regulatory frameworks, including but not limited to FICA and Payments, is essential.

Personal Characteristics (What you'll bring):

Can operate both at a strategic and operational level Proactive individual who is a self-starter and gets things done An individual who takes a pragmatic approach to Compliance and is business-minded Has the ability to work well with people and collaborate to develop practical solutions to compliance related problems Possesses good stakeholder management ability and can develop relationships across senior and junior management levels Good written and verbal communication skills Passionate about compliance

Key Stakeholders:

Senior and Executive Management The business's sponsoring banks * Regulatory/Industry Bodies viz. the FIC, PASA/PIB and other relevant regulators