Legal Advisor - Corporate Legal

Old Mutual; Wes-Kaap; On-site; ZAR 500 000 - 800 000; Full time

Job summary

A leading financial services firm in South Africa is seeking a Legal Specialist to provide expert legal support across various corporate functions. Responsibilities include drafting and reviewing legal documents, ensuring regulatory compliance, and managing legal risk. The ideal candidate holds an LLB degree and a Postgraduate Diploma in Financial Planning with 4–6 years of experience in financial services. This role offers the chance to work collaboratively with diverse business units in a dynamic environment.

Qualifications

• 4–6 years legal experience in financial services, corporate commercial law or regulatory law.
• Strong experience in contract drafting, regulatory interpretation and product-related legal work.
• Exposure to insurance products, administration arrangements or IT contracting advantageous.

Responsibilities

• Provide specialist legal support to business units across Corporate.
• Draft, review, negotiate and maintain legal and commercial documents.
• Support product development, pricing reviews, rule amendments and regulatory submissions.
• Contribute to appropriate management of legal and regulatory risk.

Skills

Contract Law

Legal Consulting

Legal Risk Management

Legal Writing

Regulatory Law

Education

LLB degree

Postgraduate Diploma in Financial Planning

Certified Financial Planner designation

Job description

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This role is responsible for providing specialist legal support to Old Mutual Corporate across product, distribution, administration/servicing, IT/operations, commercial contracting, and regulatory matters. It also partakes in actions related to legal risk management, regulatory interpretation, technical training, and legal governance.

The incumbent is individually accountable for achieving results through own efforts over periods of up to 3 months and is required to support business stakeholders through legal advice, contract drafting, policy interpretation, process design and regulatory compliance.

Key Result Areas

Legal Advice

• Provides specialist legal support to business units across Corporate.
• Drafts, reviews, negotiates and maintains legal and commercial documents (product, IT, admin, consulting and commercial contracts).
• Provides legal interpretations, written opinions and legislative analysis across FAIS, PFA, COFI, POPIA, FIC Act and other applicable law.
• Supports product development, pricing reviews, rule amendments and regulatory submissions.
• Assists with complaints, governance queries and legal escalation matters.
• Drives or supports legal compliance projects and regulatory readiness initiatives (e.g., COFI, AML/RMCP, BO identification).

Personal Effectiveness

• Accountable for service delivery through own efforts within agreed turnaround times.
• Manages own workload, deadlines and output quality.
• Broadens individual skillset to contribute across product, operations, innovation and consulting streams.
• Collaborates effectively with internal and external stakeholders.
• Demonstrates and lives Old Mutual values.

Consulting

• Provides specialist consulting support to business units.
• Identifies legal, operational and product-related needs in client areas.
• Advises on the design and optimisation of legal, regulatory and process frameworks.
• Provides training, guidance and technical support on legal and regulatory requirements.

Risk Management

• Contributes to appropriate management of legal and regulatory risk within areas of responsibility.
• Identifies emerging risks, designs mitigating actions and supports implementation.
• Provides POPIA, AML, regulatory and contract risk assessments.
• Initiates action where control failures or legal risks arise, including training and process fixes.

Stakeholder Management

• Networks with internal and external stakeholders including Product Legal, Group Legal, compliance officers, operations, Next176, OMCC and external vendors.
• May engage with regulators where required through formal channels.
• Represents Corporate Legal in governance forums, committees or cross-functional working groups.

Skills, Qualifications and Experience Required:

• LLB degree (required)
• Postgraduate Diploma in Financial Planning (required)
• Certified Financial Planner (CFP) designation (required)
• 4–6 years legal experience in financial services, corporate commercial law or regulatory law.
• Strong experience in contract drafting, regulatory interpretation and product-related legal work.
• Exposure to insurance products, administration arrangements or IT contracting advantageous.

Skills

• Contract Law
• Legal Consulting
• Legal Risk Management
• Legal Writing
• Regulatory Law

Competencies

• Communicates Effectively
• Courage
• Decision Quality
• Ensures Accountability
• Instills Trust
• Manages Complexity
• Optimizes Work Processes
• Persuades

Education

• Bachelor Of Laws (LLB) (Required)
• Certified Financial Planner Provided Underlying Qualification Achieved (Required)
• Postgraduate Diploma In Financial Planning (Required)

Closing Date

14 December 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!