Senior Legal Advisor - DF and PSB

Recruiter:

HR Advance

Job Ref:

JHB004825/NJ

Date posted:

Thursday, May 13, 2021

Location:

Johannesburg, South Africa

Salary:

850 000 Annually

SUMMARY:
Our client, a Top 4 bank, seeks to employ a Senior Legal Advisor for their Debtor Finance and Public Sector Banking portfolios. The successful incumbent must have Credit-lending experience to be considered. Must have banking experience.

POSITION INFO:

Responsibilities:

To Provide legal solutions to complex legal and business challenges to mitigate against legal risk and close partnering with the business on the implementation of certain necessary measures to comply with legal and regulatory requirements and business processes.

Drafting, vetting and negotiation of legal agreements and relevant security documents
Template management for the respective business units, including identifying relevant legislation having an impact on legal agreements
Identify the key legal, commercial and other risks which need to be mitigated in contracts and the ability to mitigate these risks appropriately by drafting watertight clauses in contracts
Understand underlying banking products solutions, operations, processes and business drivers
Find solutions to complex legal problems
Provide consultative support to the business
Conducting research and formulating sound legal opinions
Assist with the assessment and re-formulation of the impact of certain legislation on the business
Arrange and co-ordinate training sessions and compile the contents thereof when deemed necessary
Keep the team adequately updated on changes and trends in law which may affect the business
Collate monthly statistics on documents drafted and vetted as well as queries received
Maintain an opinion database of opinions drafted
Attend ManCo and Exco meetings and provide valuable input to stakeholders
Draft reports on pertinent risk matters and manage solving those risks

Qualifications Required:

Minimum qualification: LLB
Admitted attorney
Minimum 5 years’ banking experience.

Experience Required:

5 to 8 years related experience post-admission, with a preference for financial services experience
5 years related experience within a banking environment and contract drafting experience
A broad understanding of the financial services industry
In-depth knowledge and understanding of relevant legislation, including Protection of Personal Information Act, the National Credit Act, Public Finance Management Act, Municipal Finance Management Act, international papers on Factoring, and the Companies Act
Specialist industry expertise, i.e. Contract Drafting, Public Sector Banking, Debtor Finance, Invoice Discounting, Factoring
Strong technical drafting skills
Very good attention to detail and an ability to see the bigger picture
Ability to innovate and collaborate

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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