Legal Advisor
6 days ago
Job Description
To provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes
Provides guidance and management to more junior legal advisors
Hello Future Legal Advisor
Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
As part of our team in Wealth and Investments, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.
Are you someone who can:
- Identify and communicate potential legal risks
- Cultivate and manage objective working relationships with a variety of stakeholders, including external attorneys, FirstRand Group Legal Services, FNB Legal Services, business and external stakeholders and industry bodies to ensure business is in the position to obtain expert opinion on specialist areas of law
- Maintain expert knowledge on relevant legislation industry best practices and provision of proactive advice and solutions to relevant stakeholders
- Research and provide legal opinion on a variety of issues and new business projects within the business to proactively identify, assess and manage legal risk
- Provide timeous, professional advice and solutions in respect of legal matters to persons within FNB, on request or initiated, resulting in business sustainability and risk mitigation
- Maintain a constantly updated 'library' of advice that has been requested and given in FNB, including updates relating to legislation
- Has an understanding of the retail investment and fiduciary environment
- Draft and review legal agreements, including all kinds of Investment and Fiduciary Agreements, Service Level Agreements and other legal documentation to adequately manage legal risks
- Monitor, analyse and evaluate the impact and legal implications of developments in the investment, fiduciary and financial services industry and related areas, including the activities of competitors, and pro-actively recommend effective courses of action so that either a stance may be adopted or potential threats may be averted by FNB
- Identify report and mitigate legal risk at a product, process and/or channel level within the business unit.
- Benchmark current practices against the FRB legal risk management framework and adjust practices as and when necessary. Ensure legally compliant best business practices and policies in order to protect the organisation from legal action
- Implement, benchmark and improve all business processes in the designated area of responsibility
- Actively monitor changes in investment or fiduciary law, regulations, technology and relevant industry practices and ensure appropriate interventions are defined
- Draft, review / update and re-negotiate legal agreements and other legal documentation to adequately manage legal risks
You will have access to:
- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate
We can be a match if you:
- Monitor relevance of legal documentation to ensure consistency across business, identify risks and within legal standards
- Deal with litigation matters involving the business to manage legal risk and liaise with Ombudsman when necessary
- Proactively resolves disputes to avoid litigation and ombudsman referrals
- Benchmark current practices against the group legal risk management framework and adjust practices as and when necessary
- Ensure legally compliant best business practices and policies in order to protect the organisation from legal action
- Identify and communicate current and anticipated Legal issues/risks
- Have a good understanding of the Investment and Fiduciary environment
Job Details
Application Closing Date
14/02/24
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