Legal Advisor

Momentum; Centurion; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A significant player in financial services is seeking a Legal Advisor to enhance legal capabilities within their organization. Responsibilities include managing legal risks, providing corporate legal advice, and overseeing contract management. Candidates must have a Bachelor of Law Degree and 1 to 2 years of experience in the Financial Services Industry. Excellent communication and negotiation skills are essential for success in this role.

Qualifications

• 1 to 2 years experience within the Financial Services Industry.
• Admitted attorney (advantageous).

Responsibilities

• Identify, assess, manage, monitor and report on current and potential legal risks.
• Stay abreast with changes in legislation, regulations, and provide legal opinions.
• Draft, negotiate, review, and advise on contracts including Service Level Agreements.
• Manage the contract management process.
• Provide strategic legal support to Momentum Insure.
• Assist in executing the Legal Risk Management Framework.

Skills

Excellent organisational and administrative skills

Strong report writing skills

Attention to detail

Negotiation skills

Excellent verbal and written communication skills

Problem-solving and analytical thinking

Business acumen

Education

Bachelor of Law Degree

Job description

Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.

Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit's inherent energy and commercial drive through our collaborative federated approach. Visit us at www.momentumgroupltd.co.za

Disclaimer: As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The purpose of this role is to enhance the legal capabilities across Momentum Insure; implement an end-to-end corporate legal function; enhance stakeholder interactions; ensure the effective management of legal risk while supporting strategic growth initiatives; and support the legal function.

Requirements

• Bachelor of Law Degree required
• 1 to 2 years experience within the Financial Services Industry
• Admitted attorney (advantageous)

Duties & Responsibilities

• Identify, assess, manage, monitor and report on current and potential legal risks within Momentum Insure.
• Stay abreast with changes in legislation, regulations, proposals from regulators and provide research on legal related topics and legal opinions within the financial services sector.
• Assess business needs and provide corporate legal advice regarding contracting and project implementation.
• Draft, negotiate, review, and advise on contracts including Service Level Agreements, MOUs, NDAs, Outsourcing agreements, and binders.
• Manage the contract management process.
• Provide strategic legal support, advice, and guidance to Momentum Insure, including its committees, forums, and departments requiring legal support.
• Build strong relationships by providing specialist legal opinions.
• Support and contribute to Risk Management and Legal Management within Momentum Insure.
• Implement policies and guidelines effectively.
• Assist in executing the Legal Risk Management Framework and its implementation throughout the organization.
• Track and monitor key legal risk indicators, controls, and action plans.
• Assist in compiling legal reports.
• Address general legal queries as requested.
• Continuously develop industry and subject matter expertise.
• Project manage legal deliverables in conjunction with stakeholders.
• Provide legal training or insights to different business units on relevant legal issues, processes, and policies.

Competencies

• Excellent organisational and administrative skills
• Strong report writing skills
• Accountability and self-discipline
• Attention to detail
• Negotiation skills
• Ability to work independently and in a team
• Excellent verbal and written communication skills
• Problem-solving and analytical thinking
• Business acumen