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  • Posted: Jul 1, 2025
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (1114) Legal Counsel - LSD

    Detailed description

    The successful candidate will be responsible for the following key performance areas:

    • Identify, address and manage potential legal risks within the SARB Group.
    • Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations. 
    • Conduct research into a wide range of matters relating to financial, commercial and central banking law.
    • Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
    • Represent the Legal Services Department, the SARB and the SARB Group on the regional, national and international committees.
    • Report on, and provide guidance, advice and legal opinions to, the above-mentioned committees.
    • Review and draft policies for the SARB Group.
    • Institutionalise processes to enhance efficiencies within the SARB Group.
    • Provide legal advice and opinions.
    • Draft and vet various financial and investment banking agreements.
    • Manage litigation.

    Job requirements

    To be considered for this position, candidates must:

    • be in possession of an LLB degree (NQF 8) or an equivalent appropriate legal qualification; 
    • be an admitted attorney, advocate or corporate lawyer within a corporate or investment banking legal environment or within a reputable banking/finance legal practice; and
    • have at least five to eight years of experience as a practising attorney, advocate or in-house legal counsel.

    The following would be an added advantage:

    • a solid record in leading and closing complex legal projects;
    • experience in company law; and/or
    • exposure to financial markets, financial technology (fintech) and/or payment systems.

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