Litigation Associate

4 days ago

Craighall Gauteng South Africa Spartan SME Finance Full time R400 000 - R800 000 per year

Spartan Background

Explore Spartan's culture and the impact you'd make in funding SMEs to grow - view our Careers page.

The Fit – You & Spartan

Spartan SME Finance focuses exclusively on established SMEs - we are changing South Africa one SME at a time and need people who believe that inclusive growth can happen through helping SMEs grow. If you are looking to help us grow SMEs and build our SA - then you are the right person.

Spartan opened in 1981 and provides financing that backs entrepreneurs. This is done by adopting a structured finance approach that incorporates an intimate understanding of both the jockey [entrepreneur] and their business [SME].

We value a person with truthful candid talk, creativity, curiosity, conscientiousness and an obsession towards holistic learning & growth.

We're more effective as a team that works closely together and engages with its customers and stakeholders, face-to-face - consequently we are entirely office based [i.e. no work-from-home mode].

Purpose of the Role

Litigation Associate with commercial litigation experience, for our internal legal department.

To join the existing internal legal department in managing and executing litigation for commercial recoveries in coordination with our external litigation firms.

Job Description

Litigation Associate with commercial litigation experience, for our internal legal department.

Spartan requires a Litigation Associate to fulfil the litigation function.

Project managing commercial recovery matters, internally and in conjunction with external legal advisors (from initiating action legal action to full receipt of funds)Reviewing including drafting affidavits and other court papersAssisting with the vetting of the terms and conditions of deals from a legal perspective prior to the  Credit Committee approving a dealDrafting legal agreements and related documents from standard templates (e.g. Loan Agreements, Pledge and Cession Agreements, Guarantees, etc.)Instructing attorneys to attend to the registration of securities (e.g. mortgage bonds, special notarial bonds, etc.)Liaising with colleagues regarding conditions, implementation and execution of dealsEnsuring compliance with all other conditions of a deal prior to disbursing funds on a dealGeneral monitoring of portfolioProvide legal advice and services to the organisation in corporate and commercial mattersDraft Term Sheets, ensuring they encapsulate the terms of the credit approval and perform general administration in respect of the facility agreement preparations and finalisationAttend to queries from credit analyst, operations and clients, providing legal expertise to the Credit CommitteeDraft documentation including non-standard security agreements and resolutions.To ensure that all client documents are up to date and signed off correctly and all required information is loaded onto the systemThis is NOT a regulatory compliance role.

Required Qualifications

Admitted AttorneyLaw Degree5 years post articles work experience

Desired Skills

RobustSelf-StarterTenaciousProblem solver, with street wise senseEQ - (Self-awareness, Self-management, reading the room and managing the room)Obsessive about controlling documentation - understands the impact of incorrect paperworkAttention to detailOrganized & professional work ethicAbility to take initiative and learn quicklyExcellent communication skills (verbal and written)Comfortable in engaging with customers at all levelsComfortable dealing with conflict and litigation related to recoveriesTechno Savvy

Remuneration

Commensurate with market and years' experience

 Application Requirements

CVMotivation Letter

Industry

Financial Services

Employment Type

·  Full-time, Onsite (No Remote)

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