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  • Posted: Mar 18, 2024
    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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    (321) Legal Counsel - LSD

    Brief description

    • The main purpose of this position is to provide comprehensive and effective legal support to the South African Reserve Bank (SARB) and its subsidiaries (collectively called the “SARB Group”) in the field of commercial law, ranging from facilities agreements, information technology, professional services contracts for training programs, fixed term contracts, learnerships to dispute resolution.  The role will have a specific focus on infrastructure and facilities (waterproofing, waste management), installations (supply and installation of equipment, power and water supply, minor building works and maintenance) as well as technology matters (software licenses, maintenance and support, professional services) and general legal assistance to the Procurement Division. 

    Detailed description

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

    • Negotiate, draft and vet various commercial contracts.
    • Identify, address and manage potential legal risks within the SARB Group.
    • Steer legal processes for internal clients on fairly complex legal challenges and disputes affecting their operations. 
    • Conduct research into a wide range of matters relating to commercial, procurement and disputes.
    • Take responsibility for addressing issues pertaining to relevant legislation applicable to the SARB Group.
    • Review and draft policies, procedures and guidelines for the SARB Group.
    • Establish processes to enhance efficiencies within the SARB Group.
    • Provide legal advice and opinions.
    • Represent the LSD and SARB Group on internal committees, workgroups and/or forums.
    • Build and maintain relationships with internal and external stakeholders. 

    QUALIFICATIONS

    Job requirements

    To be considered for this position, candidates must be in possession of:

    • at least an LLB degree or an equivalent appropriate legal qualification; 
    • be an admitted attorney, advocate or be a corporate lawyer within a reputable legal practice or within a reputable corporate; and
    • at least 5 - 7 years of experience as a practising attorney, advocate or in-house legal counsel / corporate lawyer.

    Method of Application

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