Our client, Deloitte South Africa, is seeking a Payments Regulatory Support Specialist to join their team on a 6-month contract. This role is ideal for a junior compliance or legal professional with 2 to 4 years of experience, particularly in the payment's regulation space. The successful candidate will work closely with a senior payments specialist to support the delivery of regulatory guidance and respond to payments-related queries.

This hybrid role is based in Johannesburg, with 2 days in-office and 3 days remote per week.

Key Responsibilities of the role include:

• Respond to payments-related regulatory and compliance queries
• Support the implementation of guidance provided by senior payments specialists
• Ensure alignment with relevant legislation, rules, and policies

Core Requirements:

• 2–4 years of relevant post-articles or professional working experience
• Legal or compliance background (legal qualification preferred)
• Knowledge of key payments legislation and regulations, including:

– National Payment System Act

– PASA Directives

– Banks Act

– Payment Card Standards

– Clearing & Settlement Rules

– Payment Clearing House Agreements

• Strong understanding of payments regulatory frameworks
• Excellent communication and analytical skills

Advantageous Experience & Skills:

• Familiarity with the national payment system and key stakeholders (SARB, BankservAfrica, Visa, Mastercard, PASA, banks, etc.)
• Understanding of payment streams: Card, ATM, EFT Debit/Credit, DebiCheck, RTC, PayShap
• Interest in emerging trends: CBDC, tokenization, digital identity, QR codes
• Knowledge of cross-border payments and SWIFT network
• Previous consulting or financial services experience
• Strong collaboration and communication skills