Legal Counsel: Global Markets

6 months ago

Sandton, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

**Job Description**:
Accountability: Legal Risk
- To provide highly specialised legal advice and support to the global markets business.

Accountability: Leadership & Management
- Demonstrates strong relationship management skills with clients
- Plan and manage projects and matters through to completion
- Contribute to the development and implementation of team objectives and strategy and provide high quality support to the business as required by interacting with different legal and business stakeholders.
- Work independently with mínimal supervision

Accountability: Commercial
- Demonstrate strong analytical skills and solve complex problems creatively and effectively
- Manage external counsel and represent ABSA on relevant industry forums and professional bodies where required
- Add value in commercial as well as technical discussions

Accountability: Technical
- Draft, vet and negotiate legal agreements, specifically Over The Counter derivative agreements including confirmations, ISDA, GMRA and GMSLA
- Draft and/or negotiate ISDA (including CSA), GMRA and other master agreements and related agreements for structured transactions. Assist and advise the dedicated documentation team in the negotiation of ISDA (including CSA), GMRA and other master agreements
- Draft /vet and negotiate confidentiality agreements, clearing agreements and other ad hoc legal agreements for Global Markets
- Provide legal advice on current transactions or transactions that have been concluded
- Conduct legal due diligences on transactions
- Provide advice on legality, the lawfulness and enforceability of agreements and documents
- To take principal responsibility for drafting and periodically reviewing standard terms or template documentation

Accountability: Risk and Control
- Actively raise the profile of the legal function and improve on Legal Key Risks
- Manage and create awareness by embedding legal policies and control requirements in all areas of the business
- Provide appropriate challenge and equally be robust in the face of challenges
- Build strong risk partnerships with colleagues in other functions (especially key control areas)
- Fully understand the role of legal in CIB and how it interacts with other functions and the business.

Accountability: Teamwork
- Proactively collaborates across different teams and geographies within Legal to break down silos
- Provide objective and constructive feedback and openly shares knowledge and expertise

Academic and professional qualifications
- Law degrees: B Juris, B Proc or LLB
- Admitted attorney or advocate in RSA or other similar jurisdiction
- Lawyer / attorney qualified to practice in South Africa or other similar jurisdiction

Education

Bachelor Honours Degree: Law (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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