Knowledge:
Job Summary
General knowledge of the National Credit Act especially the debt counselling provisions.
A good understanding of debt counselling processes
Compliance monitoring principles.
Understanding of the South African credit market.
Conduct compliance monitoring and investigations of debt counsellors and credit providers’ debt counselling departments with the National Credit Act (NCA) and the conditions of registration.
Analyse and interpret documents and/or information received from the compliance monitoring to ensure correct interpretation of the NCA related provisions and draft reports with detailed findings within the applicable timelines.
Identify areas of non-compliance.
Take corrective or enforcement action for non-compliance.
Follow up on corrective/ enforcement action taken as well as implementation of corrective measures.
Co-ordinate and/or participate in industry committees dealing with debt counselling related matters.
Monitor trends in the debt counselling industry and recommend intervening strategies where necessary.
Draft relevant communiqué to the debt counselling industry as and when required.
Engage on legal issues raised by registrants from the compliance monitoring activities and operational queries raised.
Conduct stakeholder engagements such as webinars, periodic meetings and others.
The successful candidate must hold a legal degree or equivalent with a minimum of 3 years working experience in the financial, legal, credit or regulatory environment.
A minimum of 1-year debt counselling process experience.
A valid code B driver’s licence and own reliable vehicle.
Admission as an attorney or advocate will be an added advantage.
The National Credit Regulator is an equal opportunity organisation which offers competitive market related packages. Suitable persons should send a detailed CV quoting the relevant reference number to: [email protected] Correspondence will only be entered into with short listed candidates. The National Credit Regulator reserves the right not to make an appointment.