Legal and Compliance Officer

Description:

Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.

We have an amazing opportunity for a Legal and Compliance Officer, based at Umhlanga, Durban. Do you think you have what it takes to be our newest Purple Star?

The successful candidate will be responsible to providing compliance expertise and support to the Legal and Compliance Manager by ensuring legislative, statutory and governance requirements are compliant. The role will also ensure that the company implements an effective compliance management framework, and that policies and processes comply with applicable laws and regulations.

With Hollywoodbets You Will:

Innovate and create as part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

You Bring:

• 1 – 2 years’ experience in a similar role.

A Bonus To Have:

• Solid understanding of applicable gambling legislation and regulations and Data Protection legislation and be able to stay updated on the changes thereto.
• Relevant degree or diploma.

What You’ll Do For The Brand:

• Conduct research, when necessary, compile required reports and papers, and make legally sound recommendations regarding legal and compliance issues.
• Attend to contract reviews.
• Manage and maintain the contracts register.
• Report monthly on status of the contracts and attend to renewals and terminations thereof.
• Attend to all applicable licensing, approvals and consents required from regulatory authorities.
• Handle company licensing function and ensure that all licences are up to date, and that renewals are submitted timeously.
• Proactively monitor licence conditions and carry out relevant reporting thereto.
• Liaise with regulatory bodies where necessary.
• Draft advanced reports and correspondence to various third parties when necessary.
• Confidently respond to queries and any investigations from external and internal parties.
• Responsible for overall compliance advice to Management to ensure compliance with all applicable legislation, regulations, policies, and procedures.
• Ability to assist with the implementation, compliance, and monitoring with the Protection of Personal Information Act.
• Responsible for staying updated on the evolving best practices affecting the company and its underlying operations and provide guidance to the company on how to achieve and maintain compliance to relevant legislation, regulations, and policies in plain language.
• Assist with the development of the Compliance Framework and Procedures as well as the monitoring mechanisms.
• Ensure that internal controls are in place to provide reasonable assurance of compliance with established company regulatory requirements, and that all external regulatory requirements are complied with.
• Recognize gaps in existing processes or arising from new regulations and ensure that the correct remedial action is put into place to close the gaps.
• Responsible for examining and researching risk areas across the business and mitigating identified risks ensuring full compliance with all applicable regulations, legislation, company policies and best practice.
• Review all critical business policies from a regulatory compliance perspective and make recommendations for improvement.
• Assist with the design and development of an annual compliance monitoring plans.
• Monitor developments in all compliance aspects affecting the company and its operations and conduct regular internal compliance monitoring audits.
• Identify, investigate, and report on issues identified and raised in compliance audits to ensure resolution and corrective actions taken.
• Lead investigations and remediation promptly and effectively.
• Track and assist with remedial actions following any compliance findings or breaches.
• Recommend mitigation of risks and implementing remedial action.
• Escalate any significant compliance issues to Management.
• Assist with the preparation for independent compliance reviews and external audits.
• Ensure technical correctness of policy documents drafted through regular research and training.
• Implement standards, policies, and procedures to govern business compliance to applicable legislation.
• Drive compliance awareness and encourage a compliance culture across the business through training and awareness initiatives when necessary.

What You’ll Bring To The Team:

• Ensure quality outcome is achieved.
• Demonstrate strong planning skills.
• Generate new ideas and challenge the status quo, takes risk, supports change, and encourages innovation.
• Search for opportunities to create new ideas and innovate or improve efficiencies wherever possible.
• Solve problems through questioning the status quo.
  

Please be advised that should you not be contacted within 30 days, kindly consider your application to be unsuccessful.

Requirements:

• 1 – 2 years’ experience in a similar role.

• Solid understanding of applicable gambling legislation and regulations and Data Protection legislation and be able to stay updated on the changes thereto.
• Relevant degree or diploma.

• Conduct research, when necessary, compile required reports and papers, and make legally sound recommendations regarding legal and compliance issues.
• Attend to contract reviews.
• Manage and maintain the contracts register.
• Report monthly on status of the contracts and attend to renewals and terminations thereof.
• Attend to all applicable licensing, approvals and consents required from regulatory authorities.
• Handle company licensing function and ensure that all licences are up to date, and that renewals are submitted timeously.
• Proactively monitor licence conditions and carry out relevant reporting thereto.
• Liaise with regulatory bodies where necessary.
• Draft advanced reports and correspondence to various third parties when necessary.
• Confidently respond to queries and any investigations from external and internal parties.
• Responsible for overall compliance advice to Management to ensure compliance with all applicable legislation, regulations, policies, and procedures.
• Ability to assist with the implementation, compliance, and monitoring with the Protection of Personal Information Act.
• Responsible for staying updated on the evolving best practices affecting the company and its underlying operations and provide guidance to the company on how to achieve and maintain compliance to relevant legislation, regulations, and policies in plain language.
• Assist with the development of the Compliance Framework and Procedures as well as the monitoring mechanisms.
• Ensure that internal controls are in place to provide reasonable assurance of compliance with established company regulatory requirements, and that all external regulatory requirements are complied with.
• Recognize gaps in existing processes or arising from new regulations and ensure that the correct remedial action is put into place to close the gaps.
• Responsible for examining and researching risk areas across the business and mitigating identified risks ensuring full compliance with all applicable regulations, legislation, company policies and best practice.
• Review all critical business policies from a regulatory compliance perspective and make recommendations for improvement.
• Assist with the design and development of an annual compliance monitoring plans.
• Monitor developments in all compliance aspects affecting the company and its operations and conduct regular internal compliance monitoring audits.
• Identify, investigate, and report on issues identified and raised in compliance audits to ensure resolution and corrective actions taken.
• Lead investigations and remediation promptly and effectively.
• Track and assist with remedial actions following any compliance findings or breaches.
• Recommend mitigation of risks and implementing remedial action.
• Escalate any significant compliance issues to Management.
• Assist with the preparation for independent compliance reviews and external audits.
• Ensure technical correctness of policy documents drafted through regular research and training.
• Implement standards, policies, and procedures to govern business compliance to applicable legislation.
• Drive compliance awareness and encourage a compliance culture across the business through training and awareness initiatives when necessary.

• Ensure quality outcome is achieved.
• Demonstrate strong planning skills.
• Generate new ideas and challenge the status quo, takes risk, supports change, and encourages innovation.
• Search for opportunities to create new ideas and innovate or improve efficiencies wherever possible.
• Solve problems through questioning the status quo.