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  • Posted: Aug 28, 2024
    Deadline: Not specified
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  • The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Secon...
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    Senior Legal Advisor

    Qualification and Experience
    Qualification

    • Law degree and Admission as an Attorney essential
    • Master’s degree such as LLM desirable

    Knowledge & Skills 

    • A minimum of five years’ post-article experience in the financial services industry
    • 2-3 years working experience in the banking and finance/SoE/DFI (restructuring, turnaround & business rescue) space is essential
    • Experience in the drafting, review, negotiation and re-negotiation of cross-border, project finance, corporate, commercial, structured and re-structured finance transactions
    • Understanding of the PFMA in particular its application to Schedule 2 SOEs, PFMA Treasury acquisition notifications, competition commission  acquisitions notifications, fund management/investment

    Roles and Responsibilities

    • Provide general legal advice, including legal research
    • Structure, restructure, negotiate and re-negotiate corporate and commercial transactions including project finance and cross-border financing transactions
    • Identify, evaluate and structure import and export finance transactions
    • Ensure compliance with internal legal and other IDC procedures and policies
    • Identify and minimize potential legal risks
    • Draft, review, negotiate and re-negotiate financing agreements and other legal documentation
    • Make presentations and opine on legal and regulatory developments
    • Conducting legal due diligence investigations
    • Ensure efficiencies aimed at improving client satisfaction by providing efficient legal services 
    • Developing and maintaining relationships with providers of legal services (including, external legal counsels, business rescue practitioners and other key stakeholders)
    • Develop and maintain client and institutional relationships, internally, locally and internationally

    Job Requirements

    TECHNICAL/FUCNTIONAL COMPETENCIES

    • Sound corporate and commercial legal knowledge
    • Ability to work independently and within a team
    • Draft and negotiate loan agreements and other legal documentation
    • Transactional negotiations at senior level
    • Excellent analytical and problem-solving skills
    • Excellent communication and interpersonal skills
    • Independent judgement and good analytical skills
    • Capable of working in a high-pressured environment and can exercise independent judgement
    • Ability to prioritize and plan
    • Ability to independently provide guidance and timeous delivery on highly complex projects
    • Ability to coach and mentor juniors on areas of specialization
    • Good knowledge and understanding of international and local financing instruments

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Industrial Development Corporation on careers.idc.co.za to apply

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