Description:
Admitted Attorney providing legal advice focused on financial services industry.
Responsibilities:
- Apply for FSCA License Applications.
- Maintain FSP licenses.
- Advise Financial Services Providers (brokerage, private equity, venture capital, corporate finance & asset managers) on legal matters.
- Training Development &
- In-person training for RE exams, FAIS legislation and Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF).
- AML Officer for Money Remitting business.
- Advise SARB licensees (AD’s & ADLAs).
- Compliance Audits on financial services & AML.
Pros:
- Flexible working hours (unless working for a big corporate).
- Few urgent matters.
- Can generate better than average income.
- Vast range of industries to learn of.
- Medium intensity client relationships.
- Satisfaction in taking red tape (stringent requirements) out of everyday business.
- Good performance earns trust from clients.
- Can do things differently from competitors, innovative solutions.
Cons:
- Little room for growth unless working for a big corporate.
- Lots of administrative management required.
- Will reach a stage where you know everything unless you expand service offering.
- Not a good fit for those who like working with people constantly. Must like finances to some degree.
Education:
- LL.B at UFS (2011-2015).
- Regulatory Examinations 1, 3 and 5 recognised by FSCA (2017).
Professional Body:
FSCA and SARB (as and when applicable, we offer a range of services that are not regulated too).
Advice to someone interested in pursuing a similar career:
To find this career rewarding you have to like financial & entrepreneurial thinking to a good extent and be okay to manage your admin, a secretary can’t remove this burden completely. This is not for the feint hearted, as this job often requires negative advice to regular paying clients. You need soft skills to convey this advice and great people skills. You deal with directors of businesses most of the time and they can be quite demanding. This is a wonderful job for women who plan to have families. The experience of this job can generate multiple opportunities for the future that can expand your career substantially.
Willing to participate in virtual one on one contact sessions with readers:
Yes. (Click here to request a contact session)
Post ID: #200007