Senior Counsel

2 weeks ago


Johannesburg, South Africa IFC Systems Corporation Full time

**Senior Counsel**

**Job #**:

- req21145**Organization**:

- IFC**Sector**:

- Other**Grade**:

- GG**Term Duration**:

- 3 years 0 months**Recruitment Type**:

- International Recruitment**Location**:

- Johannesburg,South Africa**Required Language(s)**:

- English**Preferred Language(s)**:
**Closing Date**:

- 2/21/2023 (MM/DD/YYYY) at 11:59pm UTC**Description**

IFC’s Business Risk and Compliance Department (CBR) supports IFC’s business teams by helping to mitigate certain risks that may occur in IFC financings and advisory projects. One of these is “integrity risk” - corruption, fraud, economic sanctions, litigation, criminal activity/history, politically exposed persons, opaque ownership structures - any of which can affect the integrity of an IFC project, or adversely impact IFC’s reputation as the preeminent international organization operating in the private sector. IFC business teams conduct integrity due diligence (IDD) to identify integrity risks and the 10+ integrity experts in CBR support that effort by providing legal and practical advice on managing and mitigating those risks and lessening their impact when they arise. Integrity risks are increasing in legal complexity and require more crisis management expertise, as IFC is exposed to increased risk arising from a strategic shift to riskier markets. Additionally, IFC’s business strategy requires staff to be in the region, closer to clients, and better positioned to support IFC operations.

What You'll Be
- A Senior Counsel for Africa leading on integrity matters in the Africa region and guiding and overseeing the other members of the Africa integrity team in CBR
- A strategic partner to business teams (investment and advisory) for integrity matters in Africa
- A visible, vocal and influential champion for the proper management of integrity issues
- Reporting to the Principal Counsel - Head, Integrity Risk, who leads the Integrity unit in CBR from Washington D.C.

**Roles and Responsibilities**:
You’ll advise business teams with an independent voice on all core aspects of integrity risks as they impact IFC’s clients, partners, transactions and new products/initiatives in the Africa region, to include:

- Evaluating integrity and reputational risk flags identified by business teams during IDD, making recommendations, and providing solutions to mitigate these risks
- Employing knowledge, expertise, and sound judgment to address IFC’s unique risk profile
- Demonstrating expertise in IDD issues in Africa across all sectors in which IFC works
- Being known by business teams as the lead for integrity matters in Africa
- Liaising with the other business integrity staff in CBR focusing on money laundering risks and tax-related risks in Africa projects.
- International and national anti-corruption/bribery laws and regulations (e.g., FCPA, UK Bribery Act, etc.)
- International standards and guidance relating to AML/CFT (e.g., issued by Financial Action Task Force (FATF), the Wolfsberg Group) as well as national AML/CFT laws and regulations
- Other integrity-related laws/regulations and legal issues that arise in IFC business
- Economic sanctions (such as the UN, EU, UK, and US regimes) and other international trade sanctions and export controls
- Crisis management and legal advice related to significant integrity legal matters, including potential or actual litigation or involving complex legal issues
- The legal workings of the WBG Integrity Vice-Presidency (INT) and WBG Sanctions System

You’ll also provide legal advice to Africa business teams and management on integrity-related contractual provisions, to include:

- Reviewing current integrity-related provisions in IFC legal agreements
- Drafting new integrity-related provisions in IFC legal agreements and bespoke legal provisions in IFC financing documents
- Negotiating with clients to build out contractual protections on integrity-related matters
- Advising on integrity-related provisions for legal documentation relating to new products/initiatives
- Drafting disclosures for Board papers.

**Selection Criteria**
- Juris Doctorate (JD), Bachelor of Laws (LLB) or equivalent
- At least 15 years of working experience including a minimum of 7 years providing legal advice on international business transactions, project finance, investment funds, or litigation including experience advising on business integrity-related matters (such as anti-corruption laws, AML/CFT, economic sanctions, etc.)
- Fluency in English plus one other major language relevant to the region
- Seasoned judgement on integrity-related and/or international business transactions
- Track record of delivering high-quality work product for complex engagements and initiatives
- Demonstrated skills in working across teams and providing effective feedback to team members
- Strong communication and presentation skills and ability to explain complex issues clearly and concisely; superior client focus
- Strong organization


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