Legal Head

6 months ago

Johannesburg, South Africa FirstRand Full time

Job Description

To partner at the segment level on the legal advisory services and legal risk and to optimise the risk management performance of the segment by assisting business to identify; recommend (through reporting; insights and risk analytics) and execute legal risk management strategies within the Group/Segment’s defined risk appetite.

To assess and navigate the segment legal and regulatory landscape, establish policies and procedures for seamless operational implementation.
- Identify and mitigate legal risk through providing specialist legal advice, drafting and vetting contracts, managing regulatory actions or litigation against the bank and ensuring that the company remains legally compliant.
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Provide risk advice to assist and enable business to achieve its risk objectives by developing; managing and executing policies; procedures; practices of a risk nature.
- Meet internal stakeholder requirements by providing governance, policy and advisory services.
- Report on the risk management process and litigation matters by generating and presenting risk reports.
- To contribute to the planning and execution of the annual performance plan and business plan of the Legal Service Delivery in the segment and to participate in the Segment and Business Unit strategic planning processes and committees.
- To manage, supervise and evaluate the performance of a central legal team
- To provide strategic and substantive guidance on legal matters and cases handled by team members in order to ensure expeditious and effective legal decision making to prevent regulatory/legal contraventions.
- Providing legal partnering and guidance on segment based decisions on mergers and acquisition transactions.
- To provide and supervise the provision of timely and well researched legal advice to the key stakeholders in segment and business units.
- To oversee and partner with the Fr Centre of Expertise on potential litigious matters and litigate cases before the Competition Tribunal, Competition Appeal Court, High Court, Supreme Court of Appeal and the Constitutional Court.
- To instruct, brief and manage attorneys and counsel representing the segment.
- To assist in negotiating and concluding consent and settlement agreements; and
- To co-ordinate, facilitate and execute activities to build internal capacity for legal compliance, drafting and litigation.
- Ensure continued satisfaction of stakeholders by meeting turnaround times for requests and identifying and addressing issues or concerns through the provision of risk advice.
- Stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
- Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Job Details

Application Closing Date

06/02/24

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