Senior Legal Advisor at Nedbank

Job Purpose

• To provide proactive, professional legal advice and risk management services with a primary focus on payments and digital banking solutions, ensuring the effective mitigation of legal and regulatory risk.

Job Responsibilities

• Provide expert legal advice on payment solutions, including EFTs, debit orders, real-time payments, and digital payment platforms.
• Advise on regulatory compliance and legal risk management across payment processes and product lifecycles.
• Draft, review, and negotiate contracts, product terms, and customer-facing documentation related to payments and digital banking.
• Interpret and apply relevant legislation (e.g., NCA, FICA, POPIA, PASA rules) to payment products, systems, and operations.
• Support innovation initiatives by advising on legal considerations relating to new payment technologies and platforms.
• Assist in managing legal disputes, complaints, and litigation related to payments and transactional banking activities.
• Collaborate with business stakeholders to identify and mitigate legal and regulatory risks.
• Contribute to process enhancements, policy development, and implementation of systems that support payment solutions.
• Conduct gap analyses, monitor compliance, and support risk and regulatory reporting.
• Participate in audits, provide legal input on findings, and track remediation actions.
• Support knowledge sharing, continuous learning, and team development initiatives.
• Build strong stakeholder relationships to drive business understanding and effective communication.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees
• Professional Qualifications/Honour’s Degree

Essential Certifications

• Admitted Attorney

Minimum Experience Level

• 8 years’ experience as a legal advisor within the banking or financial services industry
• Strong experience in payments, transactional banking, or digital banking environments
• Sound understanding of the payments ecosystem, including regulatory frameworks and industry standards
• Experience advising on digital platforms and financial innovation (advantageous)
• Proven ability to conduct risk assessments, gap analysis, and regulatory reviews
• Strong stakeholder engagement and communication skills

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

Closing date: 26 May 2026