Legal Advisor

2 weeks ago

Randburg, Gauteng, South Africa FirstRand Full time
Job Description

To provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes

Provides guidance and management to more junior legal advisors

Purpose


FNB Commercial is looking for a Senior Legal Counsel in its Structured Finance Solutions Legal team to provide legal advice, services and support (as set out in more detail below) to the Debtor Finance and Selective Invoice Discounting business units within FNB Commercial.


Responsible for:

  • Reviewing, commenting and drafting of documents relating to debtor finance and selective invoice discounting transactions that the bank seeks to enter into, including but not limited to debtor finance agreements, syndicated lending arrangements, common terms agreements, security sharing agreements, facility letters and security documents.
- receiving and reviewing credit limit approvals for Debtor Finance and Selective Invoice Discounting related transactions (or relating to any other product house transaction within Structured Finance Solutions) to ensure that the transaction makes legal sense and to ensure the successful implementation of such transactions from a legal perspective.
- providing legal advice and support the Bank's transactors in relation to a Debtor Finance transaction that the bank is funding or to a Selective Invoice Discounting transaction.
- in need, briefing external attorneys on transactions or projects as well as liaising and monitoring with the external attorneys in this regard from approval to deal implementation especially when it comes to syndicated transactions for debtor finance.
- projects, research and opinion work on various Legislation such as the New Companies Act No 71 of 2008, as amended as well as applicable relevant Bills etc.
- providing input on new products to be launched from a legal perspective within Debtor Finance, Selective Invoice Discounting (or other product houses within FNB Commercial) as well as doing legal risk assessments in this regard as and when applicable.
- meeting client expectations with regard to turnaround times.
- dealing with any comments received from clients or their attorneys on Bank's draft funding agreements, common terms agreements, security sharing agreements, facility letters, security documents etc or any reply to any comments made by the Bank in respect of client agreements which are associated to the funding request such as sale of business agreement etc.
- close partnering with the business on the implementation of certain necessary measures to comply with legal and regulatory requirements and business processes.
- template management for the respective business units, including identifying relevant legislation having an impact on legal agreements.
- identify the key legal, commercial and other risks which need to be mitigated in contracts and the ability to mitigate these risks appropriately by drafting watertight clauses in contracts.
- understand underlying banking products solutions, operations, processes and business drivers.
- find solutions to complex legal problems.
- provide consultative support to the business.
- conducting research and formulating sound legal opinions.
- assist with the assessment and re-formulation of the impact of certain legislation on the business.
- arrange and co-ordinate training sessions and compile the contents thereof when deemed necessary.
- keep the team adequately updated on changes and trends in law which may affect the business.
- collate monthly statistics on documents drafted and vetted as well as queries received.
- attend Business ManCo and credit meetings and provide valuable input to stakeholders.
- draft and provide input to reports on pertinent risk matters and manage solving those risks.
- close proximity to the business is key (deployed model).

MINIMUM QUALIFICATIONS AND EXPERIENCE
Professional Registrations

Experience

  • Admitted as an attorney of the High Court, South Africa
  • At least 10 years post Articles experience in commercial law and banking and finance work (preferably from a leading law firm or other leading banking institution).
  • Indepth knowledge and understanding of relevant Legislation, including Protection of Personal Information Act, international papers on Factoring and the Companies Act
  • Specialist industry expertise, i.e. Contract Drafting, Debtor Finance, Invoice Discounting, Factoring
  • Strong technical drafting skills
  • Very good attention to detail and an ability to see the bigger picture
  • Ability to innovate and collaborate
  • Has a good understanding of commercial legal terminology and legal principles related to finance and related banking transactions.
  • Understands the various levels of lending structures such as senior debt and mezzanine funding,
  • Ability to run with syndicated lending structures is critical.
  • Ability to structur

  • Legal Advisor Insurance

    2 weeks ago

    Randburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionContinuously assess own performance, seek timely and clear feedback and request training where appropriateLitigation support on insurance legal mattersProvide legal adviceContribute to the development of a budget aligned to operational delivery plans, monitor effectiveness and report on variancesDrafting of legal documentation and reviewing of...

  • Legal Counsel

    2 weeks ago

    Randburg, Gauteng, South Africa FirstRand Full time

    About us, purpose, experience and qualificationsabout us: WesBank, a division of FirstRand Bank Limited, is a leading Vehicle and Asset Finance bank and part of one of the largest financial services groups in Africa. WesBank has over 40 years' experience in asset finance. We focus on providing secured instalment finance to retail, public sector and corporate...

  • Sales Advisor

    2 weeks ago

    Randburg, Gauteng, South Africa Sigma Connected SA Full time

    Role Purpose:Experience and Requirements: South African Matric / Grade 12 (required) 12 years Outbound Sales experience within a contact centre. Excellent communication skills (verbal and written) Clear understanding of an operational contact centre environment. Highly targetdriven with the ability to sustain highperformance consistently. Excellent...

  • Data Scientist

    2 weeks ago

    Randburg, Gauteng, South Africa FirstRand Bank Limited Full time

    DescriptionTo plan, build, and implement innovative analytical methodologies, products, and advanced models to provide analytical support and interpret insights for business opportunities and problems with minimal guidance.Role PurposeThis role is within the FNB Retail Data and Analytics Office. The focus is on developing predictive and prescriptive...

  • Ediscovery and Cyber Forensic Specialist

    2 weeks ago

    Randburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us 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 SummaryAre you...

  • Credit Risk Executive

    2 weeks ago

    Randburg, Gauteng, South Africa Manpower Group SA (Pty) Ltd Full time

    PRINCIPAL OBJECTIVE OF POSITIONTo lead and manage credit risk strategy and execution for the organisation including reviewing and approving credit within delegations, managing contractual and portfolio compliance, optimising collections and managing loan work out, restructuring and related processes to manage risk exposure to support client success and...

  • Legal Advisor

    2 weeks ago

    Randburg, South Africa Puleng Pulane Consultants Full time

    Closing on: Feb 29, 2024 Our client in the tracking devices industry (electronic monitoring device) is currently seeking a Legal Advisor to manage litigation matters and represent the company in ensuring the efficient resolution of negotiations and disputes. **Experience and Qualification** - **6 years**‘ experience in corporate legal environments -...

  • Senior Corporate Legal Advisor

    3 months ago

    Randburg, South Africa Staff Unlimited Recruitment Pty Ltd TA MPC Recruitment Group EC Full time

    A Senior Corporate Legal Advisor, often referred to as an In-House Counsel or Corporate Counsel, plays a crucial role within a company by providing legal guidance and support on various business matters. Here is a description outlining the responsibilities, qualifications, and skills typically associated with this role: Role Overview:A Senior Corporate...

  • Senior Corporate Legal Advisor

    3 months ago

    Randburg, South Africa Staff Unlimited Recruitment Full time

    A Senior Corporate Legal Advisor, often referred to as an In-House Counsel or Corporate Counsel, plays a crucial role within a company by providing legal guidance and support on various business matters. Here is a description outlining the responsibilities, qualifications, and skills typically associated with this role: Role Overview:A Senior Corporate...

  • Senior Corporate Legal Advisor

    3 weeks ago

    Randburg, South Africa Staff Unlimited Recruitment Pty Ltd TA MPC Recruitment Group EC Full time

    A Senior Corporate Legal Advisor, often referred to as an In-House Counsel or Corporate Counsel, plays a crucial role within a company by providing legal guidance and support on various business matters. Here is a description outlining the responsibilities, qualifications, and skills typically associated with this role: Role Overview:A Senior Corporate...

  • Senior Corporate Legal Advisor

    4 weeks ago

    Randburg, South Africa Staff Unlimited Recruitment Full time

    A Senior Corporate Legal Advisor, often referred to as an In-House Counsel or Corporate Counsel, plays a crucial role within a company by providing legal guidance and support on various business matters. Here is a description outlining the responsibilities, qualifications, and skills typically associated with this role: Role Overview:A Senior Corporate...

  • Legal Advisor

    5 days ago

    Randburg, South Africa FirstRand Full time

    Job Description To provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes Provides guidance and management to more junior legal advisors Purpose FNB Commercial is looking for a...

  • Legal Advisor-1

    4 weeks ago

    Randburg, South Africa FirstRand Bank Limited Full time

    Description To provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes Provides guidance and management to more junior legal advisors Hello Future iCustomer, Legal Advisor ...

  • Legal Advisor-2

    4 weeks ago

    Randburg, South Africa FirstRand Bank Limited Full time

    Description To provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes Provides guidance and management to more junior legal advisors Hello Future iCustomer, Legal Advisor ...

  • Legal Advisor

    2 weeks ago

    Randburg, South Africa Job Masters (Pty) Ltd Staff Recruitment Co Full time

    Legal Advisor - Admitted Attorney - AA/EE - Randburg Job purpose: Litigation, Contracts, Legal Support, Legal Risk, Risk / Compliance, Legislation & Regulatory Minimum requirements: - Bachelor of Law degree - Admitted Attorney - Minimum 6 years’ experience in a corporate environment Salary offer: Negotiable Application Question(s): - Are you an...

  • Legal Advisor

    2 weeks ago

    Randburg, South Africa Tracker South Africa Full time

    **Listing reference**: track_001183 **Listing status**: Online **Position summary**: **Industry**:IT & Internet**Job category**:Legal Department**Location**:Randburg**Contract**:Permanent**Remuneration**:Market Related**EE position**:Yes**Introduction**: **Job description**: **Litigation**: - Manage litigation matters internally, conduct internal...

  • Legal Advisor

    2 weeks ago

    Randburg, South Africa Staff Unlimited Recruitment Full time

    **Minimum Requirements**: 6 years in a legal corporate environment Contract Drafting and Negotiation skills Coaching/ Training Skills Presentation Skills Communication Skills Legislative and regulatory knowledge Bachelors Degree in law Admitted Attorney

  • Legal Counsel

    2 months ago

    Randburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: - WesBank, a division of FirstRand Bank Limited, is a leading Vehicle and Asset Finance bank and part of one of the largest financial services groups in Africa. WesBank has over 40 years’ experience in asset finance. We focus on providing secured instalment finance to retail, public sector...

  • Legal Counsel

    2 days ago

    Randburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: - WesBank, a division of FirstRand Bank Limited, is a leading Vehicle and Asset Finance bank and part of one of the largest financial services groups in Africa. WesBank has over 40 years’ experience in asset finance. We focus on providing secured instalment finance to retail, public sector...

  • Legal Advisor Insurance

    2 months ago

    Randburg, South Africa FirstRand Full time

    Job Description Continuously assess own performance, seek timely and clear feedback and request training where appropriate Litigation support on insurance legal matters Provide legal advice Contribute to the development of a budget aligned to operational delivery plans, monitor effectiveness and report on variances Drafting of legal documentation and...

  • Trust Administrator

    3 weeks ago

    Randburg, South Africa Finding Personnel (Pty) Ltd Full time

    **Job Details**: **Title: Trust Administrator** **Location: Randburg** **Permanent: Yes** **Full time: Yes** **Industry: Fiduciary** **Salary / CTC: R 10 000 - R 15 000 (depending on experience)** **Reports to: General Manager** Our Client is seeking a highly organised and detail-oriented Trust Administrator to join their team at a leading fiduciary...

  • Chief Executive Officer

    2 weeks ago

    Randburg, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: The Chief Executive Officer (CEO) role is responsible for providing leadership and direction to the organization to achieve its strategic objectives and deliver exceptional advisory services to clients seeking to transform and comply with BBBEE regulations. This role’s primary responsibility is to identify and create new business...

  • Sales Advisor

    4 weeks ago

    Randburg, South Africa Sigma Connected SA Full time

    **Role Purpose**: **Experience and Requirements**: - South African Matric / Grade 12 (required) - 1-2 years Outbound Sales experience within a contact centre. - Excellent communication skills (verbal and written) - Clear understanding of an operational contact centre environment. - Highly target-driven with the ability to sustain high-performance...

  • Consultant, Network

    6 days ago

    Randburg, South Africa Rockwell Automation Full time

    Rockwell Automation is a global technology leader focused on helping the world’s manufacturers be more productive, sustainable, and agile. With more than 28,000 employees who make the world better every day, we know we have something special. Behind our customers - amazing companies that help feed the world, provide life-saving medicine on a global scale,...

  • Credit Risk Executive

    1 month ago

    Randburg, South Africa Manpower Group SA (Pty) Ltd Full time

    PRINCIPAL OBJECTIVE OF POSITIONTo lead and manage credit risk strategy and execution for the organisation including reviewing and approving credit within delegations, managing contractual and portfolio compliance, optimising collections and managing loan work out, restructuring  and related processes to manage risk exposure to  support client success and...

  • Credit Risk Executive

    4 weeks ago

    Randburg, South Africa Manpower Group SA (Pty) Ltd Full time

    PRINCIPAL OBJECTIVE OF POSITIONTo lead and manage credit risk strategy and execution for the organisation including reviewing and approving credit within delegations, managing contractual and portfolio compliance, optimising collections and managing loan work out, restructuring  and related processes to manage risk exposure to  support client success and...