PURPOSES OF THIS ROLE                                                                    

Pay U Africa is seeking a goal-oriented, high energy and hardworking individual to join our team as Legal and Compliance Officer, reporting to PayU’s General Counsel and to the PayU Compliance Department.

PayU Africa operates in a high-velocity business (B2B) environment with multiple PayU global and regional initiatives which require working with regional and local management on a day to day basis. The primary purposes of the role include:

  • Embedding compliance with laws, regulations, business principles, rules of conduct, customer agreements and established good business practices in every aspect of the organization (e.g. governance, strategy, people, processes, policies, culture, communication);
  • Establishing and maintaining effective compliance risk management and control systems;
  • Providing timely advice to the team on relevant changes in the compliance, privacy and regulatory environment; and
  • Providing and working with the legal department and local management in preparing and concluding fit for purpose contracts and legal documents

 

The PayU Global Legal and Compliance Departments consist of legal counsel, privacy officers and compliance officers located in the other main locations of PayU (a.o. The Netherlands (head office), India, Poland, Turkey, Latam) who are tasked with mitigating PayU’s privacy, regulatory & compliance raising awareness of privacy, regulatory & compliance obligations throughout the PayU Group.

 

 

RESPONSIBILITIES AND KEY ACTIVITIES

  • Providing legal advice to the business on a variety of matters including on commercial terms, technology and licensing, intellectual property, data protection and privacy, marketing and advertising and labour law
  • Drafting and negotiating legal documents (including service agreements, vendor agreements, sale agreements, lease agreements, confidentiality agreements, MOUs, letters, and client communications)
  • Anticipate legal developments relevant to the business, and providing advice on their impact. 
  • Safeguard PayU Africa for non-compliance with AML/CTF and Sanctions laws in the countries in which PayU Africa operates and (internal) regulations and protect the company from being used for unlawful activities.
  • Assess the AML/CTF risks of PayU’s new and existing high risk clients;
  • Investigate transactional patterns escalated to compliance and report irregularities indicative of money laundering or terrorist financing;
  • Check transactions on potential sanction violations;
  • Advise and train management and stakeholders on compliance related risks and requirements;
  • Keep track of regulatory and industry standards, including AML/CTF standards and requirements;
  • Keep relevant PayU Compliance policies and procedures up to date;
  • Foster a strong legal, privacy and compliance culture within the company.

 

QUALIFICATIONS AND EXPERIENCE                                                                                                                      

  • Admitted South African attorney, with 1-3  years PQE (post-articles experience)
  • Articles completed at a top tier South African law firm preferable
  • In-house experience with a company would be beneficial
  • Knowledge of AML, sanctions, anti-bribery and anti-corruption such as OFAC, FATF and local supervisory laws such as FICA etc
  • Demonstrable experience in operating in a cross-border environment
  • Power of persuasion – Strong stakeholder management skills (internal & external)
  • Excellent English verbal and written communication skills
  • Risk management experience is a strong plus
  • Knowledge of the payment or financial services industries is a strong plus. Knowledge of card scheme rules is preferred
  • Ability to work in an open plan office
  • Highly flexible, adaptable and ability to handle pressure
  • Team-player, ability to manage diversity within the team in the local office and across jurisdictions
  • Communication and relationship management: establish strong working relationship with peers and stakeholders to manage administrative processes
  • Ability to work independently and be a self-starter
  • Ability to work effectively in a multi-national, multi-cultural organization to accomplish business and unit goals

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