Senior Legal Director

1 month ago


Cape Town, Western Cape, South Africa Old Mutual Full time

As the Senior Legal Director - Investment Management at Old Mutual, you will be responsible for leading a team of legal professionals in providing comprehensive legal advice and support to the organisation.

About the Role

You will play a pivotal role in delivering strategic legal input into overseeing the legal framework/environment across OMIG (mandates, IMA, contracting etc.) projects, ensuring compliance with regulatory requirements, and mitigating legal risks.

  • Lead a team of legal professionals in providing legal advice and support to OMIG and its CSI initiatives, including legal risk management and strategic input into projects.
  • Stay informed of legal trends and regulatory changes, providing guidance to the business on how to influence or implement pending legislation.

In addition to the minimum requirements set out below, this individual is decisive, innovative, enthusiastic, with a strong client-centric mindset, professional and acts with utmost integrity, and performs well under pressure.

Key Responsibilities

The role operates within the Old Mutual Legal framework. Key responsibilities include:

  • Draft and vet legal agreements, with a focus on investment management agreements, ensuring compliance with regulatory requirements and alignment with business objectives.
  • Ensure efficient management of contracts throughout their lifecycle, including negotiation, execution, and ongoing monitoring.
  • Owning and maintaining a legal repository for the business that is accessible to various stakeholders.
  • Interact with the Compliance and Risk functions to establish and embed a compliance culture within the business.
  • Provide advice and consulting on governance issues, ensuring adherence to corporate governance principles and best practices.
  • Maintain and update the signing powers for the business.
  • Identify and report on legal risks, providing legal solutions to mitigate such risks and participating in actions related to legal risk management.
  • Conduct or participate in litigation proceedings as required, representing the interests of OMIG.
  • Network with industry bodies and stakeholders, representing OMIG's interests and staying abreast of industry developments.
  • Provide legal advice and opinions regarding investment activities within OMIG, ensuring legal sign-off on investment documentation.
  • Offer general and commercial legal advice to support OMIG's operations and strategic objectives.
  • Ensure the team is engaged and high performing.
Requirements

To be successful in this role, you will need:

  • Bachelor of Law (Required)

Estimated salary: R1 200 000 - R1 500 000 per annum depending on experience.



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