(1040) Lead Legal Counsel x 3 - LSD

South African Reserve Bank; Pretoria; On-site; ZAR 850,000 - 1,200,000; Full time

Job summary

A leading institution in the finance sector is seeking multiple Lead Legal Counsels to manage legal risks and provide expertise in regulatory matters. Candidates must possess an LLB and extensive experience in legal practice within banking environments. You will engage in high-level legal research, negotiations, and mentorship, contributing to strategic legal objectives. This role offers an opportunity for those looking to advance their career in a dynamic legal framework.

Qualifications

• Must have an LLB degree or equivalent legal qualification.
• 8-10 years' experience as a practicing attorney or in-house counsel.
• Experience in banking regulation is a plus.

Responsibilities

• Manage potential legal risks for the SARB and PA.
• Provide legal advice and guidance on regulatory matters.
• Lead and mentor other legal counsels.

Skills

Legal risk management

Negotiation skills

Legal research

Litigation management

Regulatory compliance

Education

LLB degree

LLM degree

Job description

Job title : (1040) Lead Legal Counsel x 3 - LSD

Job Location : Gauteng, Pretoria Deadline : June 26, 2025 Quick Recommended Links

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Detailed description

The successful candidate will be responsible for, but not limited to, the following key performance areas :

• Proactively identify, address and manage potential legal risks within the SARB and the PA.
• Conduct and integrate legal research.
• Take responsibility for monitoring, reviewing and commenting on local and international legislation, regulation and policies that have an impact on the mandate of the SARB and the PA, and advise senior management on any developments.
• Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations.
• Provide legal advice, opinions and guidance to the SARB and the PA on legal, regulatory and supervisory matters.
• Participate in negotiations to draft and conclude agreements on relevant positions, policies, principles, litigation matters and regulatory action matters, in consultation with senior management in the Legal Services Department.
• Initiate legislative amendments or review drafts of new legislation in accordance with standard policies and procedures to address specific concerns of the SARB and the PA.
• Lead special projects to ensure that mandated and informed positions are developed and presented to stakeholders.
• Support and maintain strong professional relationships with panel attorneys’ firms and manage litigation in accordance with standard policies and procedures in conjunction with panel firms.
• Conduct research on a wide range of matters, including matters on legislative, regulatory and policy frameworks that have an impact on SARB and the PA.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB and the PA.
• Represent the department, the SARB and the PA on national, regional and international committees and report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
• Participate in various relevant legal practice groups of the Legal Service Department as a member or as lead.
• Contribute to and support the strategic objectives of LSD and the SARB Group.
• Review and draft relevant SARB and PA policies.
• Institutionalise processes to enhance efficiencies within the SARB and the PA.
• Mentor and develop legal counsel.

Job requirements

To be considered for this position, candidates must :

• have anLLB degree or an equivalent appropriate legal qualification and preferably LLM.
• be an admitted attorney, advocate or a corporate lawyer within a corporate or investment banking legal environment or reputable banking and finance legal practice; and
• have 8‒10 years’ experience as a practicing attorney, advocate or in-house legal counsel.

The following will be an added advantage :

• Admission as an Attorney or an Advocate of the High Court
• experience in banking regulation
• a solid record in leading and closing complex projects
• experience in company law
• exposure to financial market infrastructure, financial technology, exchange control and payment systems