Legal Counsel

IT Ridge Technologies; Pretoria; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading company in the financial sector is seeking a Legal Advisor to provide comprehensive legal advice on regulatory and legislative issues. The successful candidate will manage legal risks, draft necessary documents, and represent the company in various forums. Candidates should possess an LLB degree and have 5-7 years of relevant experience, with additional advantages for those admitted as Attorneys or Advocates.

Qualifications

• 5-7 years of relevant work experience in legal advisory roles.
• Strong understanding of financial sector laws and regulations.

Responsibilities

• Manage legal risks and provide advice on regulatory frameworks.
• Draft legislation and represent the Company Group in legal forums.
• Oversee litigation processes and manage stakeholder relationships.

Skills

Legal Risk Management

Legislative Analysis

Negotiation

Stakeholder Management

Education

LLB degree (NQF 8)

Job description

The main purpose of this position is to provide comprehensive and effective legal advice relating to the legislative, regulatory, and litigious issues within the Company Group, including the Prudential Authority (PA), with a special focus on financial sector laws as defined in the Financial Sector Regulation Act 9 of 2017. This includes insurance, financial market infrastructure, and other related areas.

The incumbent may also be required to lead a team of legal consultants in providing legal advice and contribute proactively to mitigating legal risks within the Company Group and the PA.

Detailed description

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

1. Proactively identify, address, and manage potential legal risks within the Company Group, including the
2. Contribute to, and take responsibility for, the development of appropriate legislative and regulatory frameworks impacting the Company Group, including the
3. Monitor and review local and international legislation, regulation, and policies affecting the Company's mandate, advising senior management and other relevant departments on implications
4. Conduct research on legislative, regulatory, and policy issues affecting the Company Group and the financial sector, and advise on their impact
5. Manage legal processes for internal clients on complex legal challenges and disputes
6. Draft legislation, regulations, and legal opinions to address specific concerns of the Company Group
7. Participate in negotiations to conclude agreements and establish policies, principles, litigation, and regulatory actions in consultation with senior management
8. Represent the Company Group in forums, presenting and defending positions in the interest of the organization
9. Lead special projects to develop and present mandated positions and strategies
10. Manage projects related to legislative, regulatory, and policy issues, ensuring the development and presentation of informed positions
11. Manage stakeholder relationships to facilitate cooperation and enhance operations, including interactions with the PA
12. Oversee litigation processes affecting the Company Group, including engagement with external counsel
13. Provide regular updates and reports to management to ensure consistent application of legislation and to manage risks

Job Requirements :

Candidates must possess :

1. An LLB degree (NQF 8) or an equivalent qualification
2. 5–7 years of relevant work experience

Additional advantages include :

1. Admission as an Attorney or Advocate of the High Court
2. Experience in the insurance industry