Legal Counsel (Advice and Investments – AIFA)

Absa Group; Sandton; On-site; ZAR 700,000 - 900,000; Full time

Job summary

A leading financial services group seeks a Legal Risk Management professional to provide sound legal advice and support. This role involves engaging with stakeholders, ensuring compliance, and managing legal risks while fostering strong teamwork. Ideal candidates will have relevant legal qualifications and experience within financial advisory contexts.

Qualifications

• Admitted Attorney.
• 3 to 5 Years PQE Financial Advisory experience.
• Experience preferred in FAIS and Advice, Distribution - Investment and Insurance Advisory.

Responsibilities

• Provide legal risk management guidance and ensure compliance.
• Advise on legality of agreements and documentations.
• Build relationships with stakeholders in legal and business.

Skills

Commercial awareness

Stakeholder engagement

Legal risk management

Education

Bachelor Honours Degree: Law

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To provide sound legal advice and support in area of specialization enabling the provision of legal risk management for the business

Job Description

Accountability: Legal Risk

• Continued pro-active stakeholder engagement and involvement on a business level
• Ensure commercially and legally sound guidance and advice in respect of allocated regulatory requirements in a professional and supportive manner; always considering the potential alternatives within the rules and regulations applicable, endeavouring to find solutions to ensure lawfulness and compliance as well as the continuation of business

Accountability: Commercial

• Provide tailored, commercial advice as well as recommendations on legality, the lawfulness and enforceability of agreements and documents
• Good understanding of relevant products and services across Absa Group and assist in structuring, negotiating and drafting legal agreements and documentation

Accountability: Risk and Control

• Exercise sound risk judgement based on practice / previous experience and ensures, legal risk management
• Have a broad understanding of key risks in other areas and partners with others to manage and address them

Accountability: Teamwork

• Build strong relationships especially with other colleagues in legal and business stakeholders
• Assist to develop working structures and best practice guides for use within business

Accountability: Technical

• Demonstrate a thorough understanding of areas of specialisation and consider, comment, draft negotiate and give advice and guidance on documents/ agreements for the business.

Education and Experience:

• Admitted Attorney
• 3 to 5 Years PQE Financial Advisory experience
• Previous experience preferred in FAIS and Advice, Distribution - Investment and Insurance Advisory, Litigation, Fraud, Forensic Investigations.
• Knowledge and understanding of Absa Financial Services.

Education

Bachelor Honours Degree: Law, Military Science and Security (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised