Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: May 30, 2017
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    The South African Reserve Bank is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. Together with other institutions, it also plays a pivotal role in ensuring financial stability. The Reserve Bank is respo...
    Read more about this company

     

    Assistant General Counsel

    Job description

    Brief description

    The main purpose of this position is to provide comprehensive and effective legal advice to the South African Reserve Bank (SARB) and its subsidiaries (collectively known as the SARB Group) in the fields of monetary, payment systems, investment banking, financial and commercial law.

    The incumbent will lead a team of specialist legal counsel in the provision of legal advice and contribute proactively to the mitigation of legal risk within the SARB Group.

    The incumbent will head the Monetary and Financial Law Division and will report directly to the Head of the Legal Services Department (LSD).

    Detailed description

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

    • Manage and lead the Monetary and Financial Law Division in LSD.
    • Coordinate internal legal resources on strategic projects.
    • Manage legal resources efficiently.
    • Mentor legal counsel to ensure skills development and talent management.
    • Contribute to a positive team culture.
    • Manage and provide ongoing legal opinions and advice to clients.
    • Draft and negotiate agreements in the relevant specialised fields.
    • Contribute to the development and/or drafting of SARB Group policies.
    • Proactively identify and address the potential legal risks and liabilities of the SARB Group.
    • Manage external legal counsel.
    • Oversee all litigation affecting the clients and broader stakeholders of the Monetary and Financial Law Division, which includes providing expert advice to senior management and the Governors’ Executive Committee on the merits of all disputes and preparing update reports, as may be required.
    • Execute ad hoc administrative tasks.

    Job requirements

    To be considered for this position, candidates must:

    • be in possession of an appropriate legal qualification (at least an LLM degree,
    • or an equivalent qualification);
    • be an admitted attorney or advocate;
    • have at least 10-13 years’ experience as a practising attorney or advocate, or as an in-house counsel;
    • have at least 5 years’ experience in general management;
    • have knowledge of banking and finance legislation;
    • have a basic understanding of central banking operations, functions and culture;
    • have working knowledge of economics, banking and finance regulations, South African financial systems, and monetary policy;
    • have a high degree of self-motivation and drive;
    • have excellent interpersonal and communication skills; and
    • be able to demonstrate the ability to manage and lead a diverse and experienced legal team.

    Additional requirements are as follows:

    • skill in analysing and solving problems;
    • presentation skills;
    • people management and leadership;
    • ability to work under pressure;
    • conflict handling and negotiation;
    • regulatory and reporting frameworks;
    • research skills;
    • computer literacy;
    • attention to detail;
    • strong management and leadership ability;
    • self-starter;
    • assertiveness;
    • excellent verbal and written communication;
    • judgment and decision making;
    • stakeholder / relationship management; and
    • driving execution.

    Added advantage

    The following would be an added advantage:

    • specialist experience in one or more of the following:
    • investment banking agreements and products, i.e. GMRA, ISDA, GMSLA /ISLA, IMAs;
    • custody agreements;
    • securities lending and collateral arrangements;
    • payment systems;
    • monetary and financial law;
    • global financial markets; and
    • a solid record in coordinating and leading legal teams on complex projects.

    Additional details

    Career path: Management (M)

    Level: M2

    Method of Application

    Interested and qualified? Go to The South African Reserve Bank on www.linkedin.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at The South African Reserve Bank Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail