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  • Posted: Feb 18, 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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    (865) Legal Counsel - LSD

    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 and procurement law.
    • 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:

    • have 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
    • have at least six to eight years of experience as a practising attorney, advocate or 
    • in-house legal counsel / corporate lawyer.

    The following would be an added advantage:

    • proven track record in leading and concluding fairly complex legal projects;
    • solid knowledge of data protection and data privacy laws;
    • practical experience with PAIA (Promotion of Access to Information Act), 2000; and
    • good drafting and negotiation skills.

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