Senior Legal Advisor at Momentum

Role Purpose

To provide the Momentum Investments division (and other divisions within Momentum Metropolitan when necessary) with legal opinions, product development advice and affiliated legal services relating to Long term insurance, Investments, Retirement Funds, and other general legal services relating to Marketing, Digital and Loyalty programmes.

The work you need to deliver

• Providing general legal services to the business including dispensing advice to all areas within the organisation as required.
• A large focus area will entail drafting, vetting and negotiation of agreements with, internal and external clients and third parties.
• Keeping abreast of legislative developments.
• Reviewing, interpreting and implementing relevant legislation in collaboration with the Compliance Team.
• Opinion work (written/verbal and formal/informal as required).
• Legal research on pertinent issues that impact on the Momentum Metropolitan business.
• Presenting and training on legal issues and legislation.
• Formulating and drafting of policy documents.
• Render expert legal technical assistance, design, input and approval of new product structures during the product development process in the Long term insurance, Investments, LISP and
• Retirement Funds areas.
• General Corporate Governance issues.

Competencies required

• Knowledge and in-depth understanding of the relevant financial services legislation e.g. Long-Term
• Insurance Act, POPI, ECTA, CPA, Pension Funds Act, FAIS and FICA as well as the secondary legislation that applies.Extensive knowledge of financial products and the structuring thereof.
• Knowledge of the advice processes associated with the marketing and selling of investments and linked
• investment products
• Retirement planning, business insurance and estate planning knowledge
• Sound knowledge of the financial markets.
• Ability to operate and think independently and literally self-starter/pro-active
• Business acumen
• Assertiveness
• Trustworthy
• Professional
• Responsible and accountable

Experience and Qualifications

• LLB degree
• An admitted attorney (an advantage)
• At least 7 years financial services industry experience dealing with long term insurance, investment and associated products.