Senior Legal Advisor at Nedbank

Job Purpose

• To provide proactive professional legal advice and risk management services to internal clients to mitigate the banks legal risk.

Job Responsibilities
Non-negotiable: CISCA Knowledge and implementation
Good understanding of vehicle knowledge e.g. Long Term insurance Act, Pension Fund Act, Income Tax Act, FAIS, FICA, POPIA, FATCA

• Achieve goals and objectives by understanding and embracing the Nedbank vision and demonstrate the Nedbank values through interaction with team and stakeholders.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression opportunities for self with input from management.
• Support personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience gained and certifications obtained within specified time frames.
• Maintain knowledge management; and improve team success by sharing knowledge with team and stakeholders.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
• Achieve key business strategies by participating and supporting corporate social responsibility initiatives.
• Add value to Nedbank by identifying and recommending opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
• Deliver on risk and compliance related projects by tracking progress and ensuring completion within specified time frames.
• Mitigate risk and minimize losses by identifying risk factors linked to non adherence to project timelines and recommended changes and courses of action.
• Improve business efficiency and minimize compliance risk by conducting gap analysis of business processes; and by scrutinising relevant monthly reports.
• Ensure delivery on projects by planning individual activities according to business needs and monitoring actions.
• Minimize overall business risks by engaging and obtaining stakeholders' view of where risks exists.
• Make an informed recommendation to stakeholders by evaluating identified risks and by conducting observations; analysing data and interviewing relevant parties.
• Foster good relationships and promote business understanding by engaging in effective communication with stakeholders.
• Monitor relevant legislative compliance status by receiving electronic feedback from Business Information Systems and communicating with the branches regarding actions to be taken.
• Ensure full understanding of changes on relevant legislative issues by conducting ad hoc training.
• Ensure that the recommended actions are taken by participating in external audit process and subsequently follow ups with relevant stakeholders.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Bachelor of Laws (LL.B) Post Graduate Degree , Advanced Diplomas/National 1st Degrees

Type of Exposure

• Coaching and mentoring others
• Identifying business risks
• Making legal decisions
• Assessing legal compliance
• Drafting legal agreements; opinions; letters
• Managing legal risks
• Networking and building relationships
• Establishing and maintaining collaborative relationships with peers / managers

Minimum Experience Level

• 5 - 7 years experience as legal advisor
• Technical / Professional Knowledge
• Banking knowledge
• Business Acumen
• Business principles
• Diversity management
• Governance, Risk and Controls
• Legal Risk and practice management
• Nedbank culture and values
• Nedbank vision and strategy
• Regulatory, Legal and Economics Principles
• Research and development
• Stakeholder management
• Business writing skills
• Management information and reporting principles, tools and mechanisms

Behavioural Competencies

• Communication
• Continuous Learning
• Decision Making
• Innovation
• Managing Work
• Technical/Professional Knowledge and Skills