Legal Associate - Financial Services - Sandton

AGC Recruitment Pty Ltd; Sandton; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An established industry player in the financial services sector is seeking a Legal Associate with a strong background in commercial litigation. This exciting opportunity involves supporting the internal legal team in credit compliance, transaction execution, and post-transaction monitoring. The role requires drafting legal agreements, managing recoveries, and ensuring compliance with legal standards. If you are a detail-oriented attorney with excellent communication skills and a passion for legal excellence, this position offers a chance to make a significant impact in a dynamic environment.

Qualifications

• Admitted Attorney with a Law Degree and 3-5 years post-articles experience.
• Experience in commercial litigation and legal documentation is essential.

Responsibilities

• Assist in vetting terms and conditions of deals for legal compliance.
• Draft legal agreements and manage commercial recovery matters.
• Provide legal advice and perform KYC/FICA checks.

Skills

Attention to detail

Excellent communication skills

Organized & professional work ethic

Ability to take initiative

Techno Savvy Remuneration

EQ (self-awareness, self-management)

Education

Law Degree

Admitted Attorney

3-5 years post-articles legal experience

Job description

Our client in the financial services industry is offering an opportunity for a Legal Associate with commercial litigation experience to join their internal legal department. The role involves supporting the existing legal team in fulfilling the credit compliance function, including transaction execution, post-transaction monitoring, and recoveries.

Key Responsibilities:

• Assisting with the vetting of the terms and conditions of deals from a legal perspective prior to the Credit Committee approving a deal.
• Drafting legal agreements and related documents from standard templates (e.g. Loan Agreements, Pledge and Cession Agreements, Guarantees, etc.).
• Instructing attorneys to attend to the registration of securities (e.g. mortgage bonds, special notarial bonds, etc.).
• Ensuring compliance with all other conditions of a deal prior to disbursing funds on a deal.
• Project managing commercial recovery matters, internally and in conjunction with external legal advisors (from initiating action legal action to full receipt of funds).
• Provide legal advice and services to the organisation in corporate and commercial matters.
• Performing KYC/FICA/AML/PEP checks on clients.
• Draft Term Sheets, ensuring they encapsulate the terms of the credit approval and perform general administration in respect of the facility agreement preparations and finalisation.
• Attend to queries from credit analyst, operations and clients, providing legal expertise to the Credit Committee.
• Draft documentation including regulatory required documents, non-standard security agreements and resolutions.

Required Qualifications:

• Admitted Attorney.
• Law Degree.
• 3-5 years post-articles legal experience.
• Currently working in a law practice/firm with extensive experience in commercial litigation matters.

Required Skills:

• EQ - (self-awareness, self-management, reading the room and managing the room).
• Obsessive about controlling documentation - understands the impact of incorrect paperwork.
• Attention to detail.
• Organized & professional work ethic.
• Ability to take initiative and learn quickly.
• Excellent communication skills (verbal and written).
• Comfortable in engaging with customers at all levels.
• Comfortable dealing with conflict and litigation related to recoveries.
• Techno Savvy Remuneration.

Package and Remuneration:

Market Related.

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