Executive Head: Legal Affairs Financial Services

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Role Purpose/Business Unit:

Responsible for providing legal advice and support to Vodacom’s financial services business on aspects related to the fintech/ financial services industry, which includes but is not limited to insurance law (both short-term and long-term), PASA rules with a focus on digital payments, credit law and/or banking law.

Your responsibilities will include:

• Responsible for providing accurate, effective, and timely legal advice, analysis and support at an expert level on complex matters of significant, strategic and/or financial value to Vodacom in relation to its financial services business.
• Negotiating complex transactions relating to the company’s financial services business and providing legal advice regarding these transactions to senior business stakeholders.
• Drafting a wide range of contracts for the financial services business, including but not limited to Payments, Lending and Insurance Binder, Intermediary and Outsourced agreements.
• Keep business stakeholders updated and briefed on key projects and risk management.
• Ensure that all legal matters are reported and managed in accordance with company governance requirements and processes, delegation of authority, and Group Code of Conduct.
• Actively participate in the broader Vodafone and Vodacom legal community to bring benefit from experience, expertise, and synergies to Vodacom.
• Keep Managing Executive: Legal Affairs and/or Chief Legal Risk and Compliance Officer (as the case may be) informed /involved on major or complex issues.

The ideal candidate must have:

• LLB Degree and admitted attorney with a minimum of 8 – 10 years post qualification experience.
• Proven track record in providing strategic legal advice to clients in the fintech sector.
• Prior experience working in major financial institution, financial services regulatory authority, or financial services practice and/or department within a major law firm or reputable corporate.
• Comprehensive technical knowledge of insurance, digital payments services and/or payments acquiring is essential.
• Knowledge and/or awareness of relevant technological developments within the financial, payments-acquiring and digital payments services industries.
• Experience in dealing with regulatory and government authorities.
• Extensive commercial law, drafting and negotiation experience, with ability to provide timely and innovative legal solutions in a fast- moving industry.
• Experienced commercial attorney with knowledge of telecoms industry, general technology law, financial services / fintech or related experience.
• Fluency in English is mandatory.

Core competencies, knowledge, and experience:

• Comprehensive knowledge of the industry practices, laws and regulations relating to the financial services sector, including but not limited to banking laws, data privacy regulations, anti-money laundering (AML) laws and consumer protection laws, with a deep understanding of the unique legal challenges faced by fintech companies. (essential)
• An in-depth understanding of the financial services industry and demonstrable wide-ranging commercial experience. (essential)
• Knowledge and / or awareness of relevant technological developments within the financial sector industry.

Closing date for Applications: 23 June 2025.

The base location for this role is Vodacom Midrand.

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.