Legal Risk Consultant (DBN)

Investec; Durban; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution in Durban is seeking a Legal Advisor to manage legal risks and provide comprehensive legal advisory services. The ideal candidate will hold a Bachelor of Law and have 5 to 8 years of relevant experience. Key responsibilities include advising on financing agreements and ensuring compliance with all legal obligations. The role requires strong knowledge of commercial law and significant experience in the banking sector.

Qualifications

• 5 to 8 years of relevant experience in a legal capacity.
• Experience with banking and corporate legislation is an advantage.
• Understanding of Companies Act, Insolvency Act, and Trust Property Control Act.

Responsibilities

• Manage the legal risk of the bank while maintaining commerciality.
• Provide legal advisory on instalment sale agreements and loans.
• Draft nonstandard clauses and vet documents.

Skills

Legal advisory and support

Knowledge of commercial law

Contract law expertise

FICA and NCA knowledge

Document vetting

Education

Bachelor of Law

Admitted Attorney and Conveyancer

Job description

Description

Manage the legal risk of the bank whilst maintaining commerciality, which includes, inter alia, instructions of bonds, authorising payments, restructuring loans, vetting documents, and drafting guarantees. Perusing entity documents to establish locus standi of the entity entering into the contractual obligation.

Key Responsibilities

• Provide a legal advisory and support service with regards to : Instalment sale agreements, Secured and unsecured loans, home loans, building bonds, commercial properties, mortgage commercial developments and restructures
• Instructing bonds to panel attorneys and managing the file until registration
• Advising consultants on legal aspects of deal structure
• Drafting nonstandard clauses for agreements
• Vetting of documents and authorising payments
• Review credit minutes and ensure that all condition precedents on minutes are fulfilled and security is perfected
• Advise on aspects of Companies Act and Insolvency Act

Qualifications, Experience and Skills

• Bachelor of Law, Admitted Attorney and Conveyancer
• 5 to 8 years of relevant experience
• Good general commercial law background and experience
• Working knowledge of FICA and NCA
• Experience in contract law and drafting of contracts
• Banking experience and corporate legislation an advantage
• Working knowledge of Trust Property Control Act, Companies Act, Insolvency Act and Close Corporations Act

Investec Culture

At Investec we look for intelligent, energetic people filled with passion, integrity and curiosity. We value individuals who in turn value our culture that is, a flexible attitude comfortable to live with ambiguity and willing to challenge the status quo. Diversity, talent and leadership are respected in pursuit of the growth of our business. People who can manage themselves and build strong relationships in order to get things done, will perform in out of the ordinary ways in our environment.

We are committed to diversity and inclusion when recruiting internally and externally.