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Legal Advisor

1 month ago


Randburg, South Africa WesBank Full time
Job title : Legal Advisor (Randburg) Job Location : Gauteng, Randburg Deadline : January 02, 2025 Quick Recommended Links
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Job Description

  • To provide legal solutions to legal and business challenges within a business area, to mitigate legal risks and partner with the business on the implementation of policies to comply with legal and regulatory requirements in relation to business processes. 
  • To consult with internal clients to understand business requirements and provide sound legal advice pertaining to the drafting, vetting, review, dissemination and/or negotiation of legal documentation and processes, providing clear legal direction based on sound judgment.
  • Provide sound legal advice to the business area on all legal matters that may arise in its operations.
  • Stay up to date with all relevant developments in the law in relation to his/her area of practice and employer.
  • Provide comments on emerging legislation that impacts business area.
  • Review, in consultation with risk teams, business area operational processes in order to ensure that processes do not expose business to undue legal risk.
  • Liaise with external attorneys on behalf of the organisation to ensure clear instructions, and deliverables are procured within budget and on time.
  • Conduct legal research and proactively advise of legal risks affecting the organisation.
  • Develop, implement, and review legal policies and procedures to ensure that they comply with existing legislation.
  • Provide legal and advisory support to business and other functional areas.
  • Interpret laws, rulings, and regulations applicable to the business area.
  • Give legal opinions or submissions on pertinent issues of importance to the business area.
  • Interact with business leaders and stakeholders at all levels, including industry bodies as applicable.
  • Draft, review, update and negotiate legal agreements and other legal documentation.
  • Monitor, analyse and evaluate the impact and legal implications of developments in industry and related areas, including the activities of competitors, and pro-actively work with the Legal Centres of Expertise and recommend effective courses of action so that either a stance may be adopted, or potential threats may be averted.
  • Identify room for improvement legally sound innovative solutions in relation to all activities within his/her scope of work.
  • Identify and communicate current and anticipated legal issues/risks and report same to relevant forums.
  • Utilise legal and other technology in the execution of his/her work.
  • Monitor compliance with legal and statutory requirements related to legal risks of the organisation

Minimum qualification and Experience

  • LLB
  • Admitted attorney
  • 3-4 years related experience post admission, with a preference for financial services experience.
  • A broad understanding of the financial services industry OR Fleet
  • In-depth knowledge and understanding of relevant Legislation
  • Specialist industry expertise
     

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