Legal Advisor

The overall purpose of the role
The incumbent will be responsible for providing advice and addressing the diverse and complex needs of a variety of business units in SC on technical matters that the Legal team is tasked with. Acts as counsel on issues involving company compliance with the most complex governmental and regulatory standards. Reviews legal documentation and provides advice on appropriate action. Oversees legal matters requiring external legal assistance. Provides functional advice and expert legal assurance to the business.
The incumbent will be responsible for providing advice and addressing the diverse and complex needs of a variety of business units in SC on technical matters that the Legal team is tasked with. Acts as counsel on issues involving company compliance with the most complex governmental and regulatory standards. Reviews legal documentation and provides advice on appropriate action. Oversees legal matters requiring external legal assistance. Provides functional advice and expert legal assurance to the business. Key Responsibilities
Provide various business units with on time, up to date understandable, practical and relevant legal advice
Analyse disputes; consider, negotiate, implement and manage appropriate solutions
Facilitate the involvement of external lawyers
Consider practical and cost-effective alternatives, risks and trends
Negotiate, draft and vet all required legal agreements including but not limited to binders, outsourcing, intermediary agreements, SLA’s, re-insurance agreements, data sharing agreements, NDA’s, joint venture agreements, cross-border transactional agreements,
Research, prepare and draft opinions required;
Conduct and prepare impact analysis of regulatory changes;
Assist with litigation matters. Qualification and Requirements
LLB or higher law degree
Admitted as an Attorney in South Africa
At least 5 years in Financial Services’ Industry or Legal Practice
Exposure and knowledge of Pension Funds (essential), Insurance and Financial Sector Legislation ( the Insurance Act, the Financial Sector Regulation Act, FAIS Knowledge and Skills
The Interpretation of Statutes Act, the Conduct of Financial Institutions legislation, FICA, NCA, POPIA, Consumer Protection Act )
Exposure to Investment and Medical Sector Legislation (advantageous)
Knowledge of retail insurance products (advantageous)
Exposure to litigation
Contract drafting skills
Communication Skills (Written & Verbal)
Professionalism
Research skills
Recognise and appreciate legal and regulatory risks nuanced by proportionally balancing competing interests towards the facilitation of business
Ability to analyse complex data
Assimilation and adaptation of new concepts and environment Personal Qualities Flexible and Adaptable - Rebounds from setbacks and adversity when facing difficult situations. Courage - Steps up to address difficult issues, saying what needs to be said. Manages Complexity - Demonstrated ability and proven record in making complex decisions. Ensures Accountability - Holds self and others accountable to meet commitments. Plans and Aligns - Plans and prioritises work to meet commitments aligned to organisational goals
Core Competencies Cultivates Innovation by creating new and better ways for the organisation to be successful. Client Focus - Building strong customer relationships and delivering customer-centric solutions. Drives Results - Consistently achieving results and meets deadlines, even under tough circumstances. Collaborates - Building partnerships and working collaboratively with others to meet shared objectives. Resilience - Rebounding from setbacks and adversity when facing difficult situations. Transformation
The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities