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Legal Counsel

1 month ago

Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

**Job Description**:
BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.

**PURPOSE**

The main purpose of the Legal Counsel is to provide expert legal advice, regulatory and contractual risk management services to BankservAfrica.

You will engage with the following stakeholders:
**External**
- Regulator
- Clients and their legal departments
- Suppliers and their legal departments
- Law firms

**Internal**:

- CEO
- Executive management
- Senior management
- All other team members

**Your key responsibilities include**:

- Provide simplified business-focused legal solutions to complex matters
- To provide excellent Legal services, including general legal advice, to BankservAfrica
- Managing contracts, negotiating contract terms and conditions, supplier management, and all associated matters
- Provide regulatory analysis and develop positions to represent BankservAfrica’s interests in the payments industry
- Assist in necessary legislative research as required
- Provide support to the Legal Services Department on projects
- Draft legal opinions and memoranda
- Ensure that legal risks are adequately addressed and mitigated
- Advise business of how future legal changes will impact on the business
- Identify legal risks affecting the organisation on all matters relating to legal advice, legal opinions, legislation and other regulatory commentary and interpretation, standard and non-standard agreements or legal documentation, intellectual property and litigation, and ad hoc matters referred to legal

**QUALIFICATIONS / KNOWLEDGE**
- An admitted attorney with an LLB degree or equivalent
- Computer literate

**EXPERIENCE**
- At least 5 - 6 years post qualification experience at a reputable law firm or as a corporate lawyer in a corporate environment in respect of contractual and commercial matters
- Have knowledge of Information technology and payments regulatory experience(preferable)
- Corporate and Commercial law
- Competition law(preferable)
- Financial Regulatory experience
- Contract law