Category: Product Management - OF4302
Posted by: Alexander Forbes
Posted on: 25 Jun 2024
Closing date: 30 May 2025
Location: Johannesburg
Purpose Of The Job
Drafting special rules in line with the legislative framework; negotiate with regulators and clients with regard to outstanding and problematic submissions and ensuring registration/approval of the rules with the regulator; and managing and developing staff reporting to the role.
Overview
Level Summary
- Understanding and applying relevant legal requirements specifically in the drafting of rules.
- Keep abreast of new legislation, both in South Africa.
- Providing holistic solutions to internal and external clients with regards to fund.
- Interact and maintain good relations with consulting platform and installations team.
- Comply with company policies and procedures of the business.
- Provide documentation that is clear, unambiguous and in line with the legislative requirements.
- Providing Support to Senior Umbrella Drafters
- Receiving task through the departmental workflow.
- Seeking clarification/ further information from Consultant(s) to ensure that clients expectations as well as all legal requirements are met.
- Complete drafts accurately 1st time and within the prescribed time frames.
- Understanding the legal framework, the requirements of the regulator, AF Administrative practices, and AF Consulting advice to ensure drafting meets all requirements.
- Responding to the regulators queries and demonstrating an understanding of the legal framework.
- Ensure End to End drafting process is completed, that is, complete drafting, obtain signatures, submission to the regulator and obtain registration/approval of the rules.
- Update and maintain workflow records.
Drafting Rules
- Understanding the legal framework, regulators requirements, AF Administrative practices and AF Consulting advice to ensure drafting meets all requirements.
- Liaising with consultants and the regulator to ensure successful resolution of queries.
- Complete all allocated drafting requests within the target date.
- Update the workflow system on progress for the task.
- Asses drafting requests and allocate to the appropriate team member.
- Minimum 2 years experience in Employee Benefits
- Minimum 3 years experience as a Rules Drafter
- Understanding the Retirement Funds legal framework
- Intermediate knowledge of MS Word
- Extensive knowledge about Retirement Funds
- Advance knowledge of legislation impacting Retirement Funds
