(1114) Legal Counsel - LSD

South African Reserve Bank; Pretoria; On-site; ZAR 600,000 - 900,000; Full time

Job summary

The South African Reserve Bank is seeking a Legal Counsel to manage legal risks and advise on complex legal challenges within the banking sector. The successful candidate will draft legal documents, represent the bank in committees, and guide internal stakeholders on compliance with relevant legislation. Candidates must hold an LLB degree and have significant experience in legal practice, ideally in corporate banking or investment environments.

Qualifications

• Admitted attorney, advocate, or corporate lawyer required.
• 5-8 years of experience in legal practice or as in-house legal counsel.
• Familiarity with financial, commercial, or banking law essential.

Responsibilities

• Identify and manage legal risks within the SARB Group.
• Draft and vet financial and investment banking agreements.
• Provide legal advice and opinions to internal clients.

Skills

Legal Risk Management

Complex Legal Analysis

Legal Research

Policy Drafting

Litigation Management

Education

LLB degree or equivalent legal qualification

Job description

Job Location : Gauteng, Pretoria Deadline : August 01, 2025

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Identify, address, and manage potential legal risks within the SARB Group.
• Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations.
• Conduct research into a wide range of matters relating to financial, commercial, and central banking law.
• Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
• Represent the Legal Services Department, the SARB, and the SARB Group on regional, national, and international committees.
• Report on, and provide guidance, advice, and legal opinions to, the above-mentioned committees.
• Review and draft policies for the SARB Group.
• Institutionalize processes to enhance efficiencies within the SARB Group.
• Provide legal advice and opinions.
• Draft and vet various financial and investment banking agreements.
• Manage litigation.

Job requirements

To be considered for this position, candidates must:

• Possess an LLB degree (NQF8) or an equivalent appropriate legal qualification.
• Be an admitted attorney, advocate, or corporate lawyer within a corporate or investment banking legal environment or within a reputable banking/finance legal practice.
• Have at least five to eight years of experience as a practising attorney, advocate, or in-house legal counsel.

The following would be an added advantage:

• A solid record in leading and closing complex legal projects.
• Experience in company law.
• Exposure to financial markets, financial technology (fintech), and/or payment systems.