Legal Officer

Direct message the job poster from African Bank. Responsible for assisting the Asset Finance division to grow its business by offering expertise in terms of Legal documentation (and process) operational and government tender and business requirements while exercising any mandate with due care and authority to the benefit of the division.

MINIMUM EDUCATION

Admitted Attorney

MINIMUM EXPERIENCE

Three years post articles experience in a similar role / Asset Finance environment.

SPECIAL REQUIREMENTS

Asset finance experience beneficial.

KEY PERFORMANCE INPUTS / ACTIVITIES

1. Legal advice
   Ensure appropriate standards are properly applied to Asset Finance Supplier contractual arrangements and rental, lease and Instalment sale Agreements ("Rental Agreements"). Review of asset finance cession supplier rental agreements. Provide legal advice relating to deal documentation, deal structure, credit applications and contracts. Provide input in terms of litigation of non-performing loans where required. Oversee transactions required by management that are within the ambit of the PFMA, MFMA, Tender procedures, as well as large deals on request. Relationships with major account directors / senior management. Review and negotiate legal amendments on a deal-by-deal basis as well as control of master documents. Liaise with clients and/or suppliers regarding proposed changes to asset finance agreements and attend to general enquiries & meetings. Advise Asset Finance staff as to the relevant documentation required for specific transactions and requirements. Review indemnitees in line with mandate. Ad hoc duties, generally required by business banking legal management.
2. Legal administration
   Custodian of legal report (report monthly). Ensure proper version control of all agreements is maintained. Consider master changes to agreements that asset finance Cession Suppliers request. Facilitate coordination of supplier/client engagement where required. Assist in asset finance supplier reviews. Ensure legislative/credit conditions are applied to all deal documentation appropriately after consultation with management. Action necessary changes to asset finance rental agreements to ensure the agreements remain up to date with legislative and operational changes and requirements and ensure proper version control and contract management processes are in place. Review and/or action changes to non-standard asset finance agreements. Custodian of the asset finance Supplier Documentation where required. Draft letters to suppliers and clients as and when required. Assist with proposals to new suppliers. Assist in drafting of new Modus Operandi's, Processes and Rules. Provide clause, financial and document training to Asset Finance staff when required or requested. Draft responses/letters to supplier/client queries or concerns.
3. General
   Support the management team in maximizing support from existing clients. Motivate, support, lead and engage team.

Seniority level

Entry level

Employment type

Full-time

Job function

Administrative

Industries

Banking