Senior Legal Advisor at Nedbank

Job Purpose
To provide proactive professional legal advice and risk management services to internal clients to mitigate the bank’s legal risk, to enable business operations and support stakeholders.

Job Responsibilities

• 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.
• Conduct FAIS (Financial Advisory and Intermediary Services) act monitoring on a weekly basis by analysing reports throughout the business units.
• Create stakeholder awareness and understanding of the Business Continuity Plan (BCP) by utilising reports obtained from the BCP intranet and by engaging with and ensuring that each branch has an approved business continuity plan in place.
• Monitor compliance training completion throughout the designated business unit and conduct follow ups by reviewing Group Compliance reports.
• 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.

Minimum Experience Level

• At least 8 years’ experience as a legal advisor of which at least 2 years must have been in either the banking industry or in the asset ownership field

Qualification NQF Level

• Bachelor of Laws (LL.B) or equivalent degree,
• Admitted Attorney 

Type of Exposure

• Identifying business risks and providing possible solutions
• Making legal decisions taking business operations into account
• Assessing legal compliance
• Drafting legal agreements; opinions; letters
• Managing legal risks
• Networking and building relationships
• Establishing and maintaining collaborative relationships with peers / managers

Technical / Professional Knowledge

• Banking and asset ownership 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

Closing Date: 18th, March 2022