Regulatory Compliance Manager

This is a fully remote position, open to applicants in South Africa.

📋 Description

• Conduct in-depth research on intricate global financial services laws, encompassing payment frameworks, data privacy, cryptocurrency, and regulations for virtual and digital assets.

• Compose legal opinions and risk evaluations regarding current and forthcoming laws, product feasibility, licensing requirements, and risks associated with multi-country operations.

• Interpret ambiguous or rapidly changing laws and formulate legal strategies to inform product design.

• Convert legal findings into accessible guidance for Product, Engineering, and other non-legal teams.

• Monitor legislative bills, consultation documents, and updates from regulators, central banks, and governmental organizations.

• Detect regulatory changes early and evaluate their strategic and operational implications for VALR.

• Prepare horizon-scanning reports and briefs for executive leadership.

• Draft and coordinate responses to regulatory consultations and industry comment submissions.

• Create, document, and manage Compliance Risk Management Plans for the VALR Group.

• Assist in engaging regulators regarding information requests, regulatory submissions, and licensing conditions.

• Support regulatory inspections, audits, and inquiries by gathering necessary documentation and compliance records.

• Revise compliance policies, frameworks, and procedures and monitor their implementation.

• Provide training for internal teams on upcoming regulatory changes.

⛳️ Requirements

• Minimum of 5 years’ experience in legal and/or compliance roles, ideally within a cryptocurrency asset service provider, fintech, technology-focused financial institution, or the financial services division of a leading law firm.

• A Bachelor of Laws (LLB) degree or an equivalent legal qualification.

• Comprehensive understanding of financial services regulations pertinent to VALR, including cryptocurrency asset and VASP regulation, digital payments, banking-as-a-service, open banking, AML/CFT, and data protection laws.

• Proven history of drafting formal legal opinions that reconcile legal compliance with business agility.

• Outstanding research capabilities utilizing legal databases and primary regulatory sources.

• Competence to analyze ambiguous, newly drafted, or rapidly changing regulations and derive concrete business implications.

• Advantageous: possession of a professional compliance certification, e.g., from the Compliance Institute Southern Africa or an equivalent international body.

• Advantageous: experience across VALR’s jurisdictions and regulators – South Africa (FSCA, FIC), Kenya (CMA, CBK), Malta (MFSA), and the Cayman Islands (CIMA).

🏝️ Benefits

• Dynamic work environment with access to cutting-edge blockchain technologies and tools.

• Flexibility to work from anywhere with reliable internet connectivity.

• Annual professional development budget.

• Regularly scheduled company training sessions.

• Competitive salaries in line with industry benchmarks.

• Discretionary bonus opportunities.

• Reduced Tier 5 trading fees on VALR, with no requirement for monthly trading volume.

• Initiatives promoting diversity, equity, and inclusion.

• Statutory leave as mandated by respective countries.

• Flexible leave arrangements.

• Complimentary lunch for those working at the Johannesburg Head Office.

• Opportunities for social gatherings outside of work.

• Global exposure and collaboration with colleagues from across the globe.

• Regular recognition of employee achievements.

• Company retreats that blend professional development with team bonding.

• Provision of a Mac laptop.

• Discretionary allowance for home office equipment; laptop and additional items are yours to keep after three years, subject to terms and conditions.