Legal Counsel Business Banking Legal : Business Support & Restructure

Absa Bank; Gauteng; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A leading financial institution in South Africa is seeking a legal professional to manage legal risk and support compliance. Responsibilities include negotiating and drafting agreements, managing stakeholder interactions, and reporting on legal matters. Ideal candidates should have an Admitted Attorney status with 2-5 years PQE and experience in a fast-paced regulatory environment.

Qualifications

• Admitted Attorney with 2-5 years' PQE.
• Experience in a highly regulated, fast-paced environment.
• Knowledge of litigation and debt recovery preferred.

Responsibilities

• Manage legal risk and ensure compliance with regulations.
• Negotiate, draft, and review legal agreements.
• Compile reports on legal matters and instructions received.

Skills

Admitted Attorney

Experience with insolvency law

Negotiation skills

Stakeholder Management

Education

B Comm Law and LLB or equivalent

Job description

Job Summary

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

Responsibilities

• Accountability : Management of Legal Risk – Ensure the bank's legal and regulatory position is managed effectively in all situations in which legal disputes or regulatory issues arise, at all times safeguarding Absa's reputation.
• Accountability : Negotiate, draft and review agreements – Assist in structuring, negotiating & drafting legal agreements and documentation relating to standard agreements, transactions and new products.
• Accountability : Vendor Management – Support Procurement and Commercial Legal during Supplier contracting and on-boarding process.
• Accountability : Stakeholder Management – Determine needs of stakeholders by regular interaction with the stakeholders in order to discuss legal developments and matters with them.
• Accountability : Reporting – Compile lists of matters and registers of work or instructions received.

Qualifications

• Admitted Attorney
• B Comm Law and LLB; or BA Law and LLB; or B Juris and LLB; B Proc or LLB
• Junior lawyer, ideally 2-5 years' PQE
• Experience of working in a highly regulated, fast paced environment, where there are often competing demand
• Experience in insolvency law and restructuring, both informal and formal business rescue proceedings in terms of Chapter 6 of the Companies Act, is essential
• Experience in litigation, debt recovery, and liquidations would be preferred
• Some in-house experience would be preferred

EEO Statement

Absa Bank Limited is an equal opportunity, affirmative action employer.
In compliance with the Employment Equity Act 55 of
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.