Drafter
Closing date: 28 February 2025
Reference Number: PP3923
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
The Junior Drafter will be responsible for providing drafting services to the business and its clients as follows:
- 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
Key Performance Areas:
Drafting Rules
- Understanding the legal framework, regulator’s 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.
Drafting Rules
- 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.
Requirements:
- 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
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