Legal Advisor 138862

Nedbank Private Wealth; Johannesburg; On-site; ZAR 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a proactive Legal Advisor to provide top-notch legal advice and risk management services. This role involves collaborating with internal stakeholders to ensure compliance and mitigate legal risks effectively. You will manage relationships with external counsel, support contract negotiations, and contribute to a positive corporate culture. If you have a strong background in legal risk management within the Financial Services sector and are passionate about making a difference, this opportunity is perfect for you. Join a dynamic team and help shape the future of legal services in a leading organization.

Benefits

Flexible Working Hours

Health Insurance

Professional Development Opportunities

Employee Discounts

Retirement Savings Plan

Qualifications

• 6-10 years post-articles experience in Financial Services, preferably Insurance.
• Admitted Attorney with strong legal risk management skills.

Responsibilities

• Provide legal advice to mitigate legal risks and support business objectives.
• Manage and develop partnerships with external counsel for quality legal services.

Skills

Legal Risk Management

Contract Negotiation

Stakeholder Management

Regulatory Knowledge

Business Writing

Education

Bachelor of Arts: Law

Advanced Diplomas / National 1st Degrees

Tools

Legal Software

Management Reporting Systems

Job description

Please Note : Preference will be given to applicants from Underrepresented Groups

Job Family

Risk Audit and Compliance

Legal

Manage Self : Professional

FAIS Affected

Job Purpose

To provide proactive professional legal advice and legal risk management services to internal clients to mitigate the insurer's legal risk.

Assist Legal Head : Nedbank Insurance in the development and implementation of structures and processes for effective and efficient delivery of insurance-wide legal services, risk management, and compliance.

Job Responsibilities

1. Build and sustain business relations to ensure stakeholder satisfaction.
2. Manage and develop partnerships with external counsel/law firms to ensure high-quality legal services at reasonable costs.
3. Support legal cost management within allocated budgets.
4. Ensure stakeholder satisfaction by meeting turnaround times and addressing issues through legal risk advice.
5. Align new product development policies with stakeholders and business processes.
6. Manage stakeholder expectations by providing management information, risk analytics, and strategic insights.
7. Advise governance, regulatory, procedural, and legal matters to boards and committees.
8. Contribute to a positive corporate culture through participation in Nedbank initiatives.
9. Research and train staff on legal risk management.
10. Support corporate responsibility initiatives.
11. Identify and recommend process improvements to add value.
12. Assist in managing legal risk strategies within the group's risk appetite.
13. Provide legal risk advice to support business objectives.
14. Develop and implement policies and practices for legal risk management.
15. Provide strategic insights to decision-making bodies to improve legal risk processes.
16. Develop mandates for legal risk management structures.
17. Meet internal stakeholder requirements with governance and advisory services.
18. Report on legal risk management processes.
19. Embed legal risk culture within Nedbank Insurance.
20. Support business transactions and projects as a trusted legal advisor.
21. Respond to ad hoc legal risk queries.
22. Manage litigation matters effectively, including communication with stakeholders and panel attorneys.
23. Review and manage the attorneys' panel for diversity and transformation.
24. Monitor legal and regulatory changes, assess impacts, and coordinate responses.
25. Educate management and staff on relevant legal issues.

Job Responsibilities Continue

1. Draft, review, vet, and negotiate contracts to manage contractual risks.
2. Support negotiations and drafting of commercial agreements.
3. Ensure systems and processes for contract and litigation management are effective.
4. Align business processes with strategic objectives.
5. Understand and embody Nedbank's vision and values.
6. Enhance personal skills through training and feedback.
7. Share knowledge and industry trends with the team.
8. Develop and promote improved processes and practices.
9. Participate in mentoring and knowledge transfer activities.
10. Foster teamwork and collaboration across the organization.
11. Identify opportunities to enhance processes, systems, and policies.
12. Track and ensure completion of risk and compliance projects.
13. Plan and monitor individual activities to meet business needs.
14. Engage stakeholders to identify and evaluate risks.
15. Make informed recommendations based on data, observations, and interviews.
16. Maintain effective stakeholder communication to promote understanding.
17. Stay updated on legislative changes and conduct relevant training.
18. Participate in audits and ensure follow-up actions are completed.

People Specification

Essential Qualifications NQF Level

• Advanced Diplomas / National 1st Degrees

Preferred Qualification

Bachelor of Arts : Law or equivalent Advanced Diplomas / National 1st Degrees

Essential Certifications

• Admitted Attorney

Minimum Experience Level

6-10 years post-articles experience within the Financial Services Industry, preferably Insurance.

Technical / Professional Knowledge

• Business principles
• Business writing
• Governance, risk, and controls
• Nedbank culture, policies, and procedures
• Relevant regulatory knowledge
• Software and systems knowledge
• Management information and reporting principles
• Effective communication and decision-making skills

Please contact the Nedbank Recruiting Team at [contact details].

Required Experience : Unclear Seniority

Key Skills

Experience : years

Vacancy : 1

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Legal Advisor • Johannesburg, Gauteng, South Africa