Senior Legal Advisor | Waterfall, Gauteng at PSG Konsult Ltd

Job description:

• This role is responsible for providing quality legal advice and guidance to the company, operating in the financial services sector.

Responsibilities:

• Providing legal and technical advice and support to business on all legal matters relating to the different business units and their products
• Interpreting existing and proposed legislation, conducting research into legal issues, and providing opinion on relevant matters
• Providing legal support to the risk and compliance functions to minimise legal risk – i.e., provide legal interpretation and advice on regulatory, company and client related matters
• Providing legal support regarding client complaints and Ombud cases and the relevant formal responses
• Drafting and maintaining product application forms, terms and conditions documents and other related business transactional forms
• Drafting and vetting of agreements relevant to the business (e.g., financial adviser agreements, platform administration agreements, Manco service-level agreements, loan facility agreements, safe custody agreements, outsource agreements, etc.)
• Ensuring that all documentation used in the business comply with any new industry legislation
• Attending to client services queries relating to the business
• Attending to industry regulator queries and on-site visits and reviews
• Training employees on legislation applicable to the business
• Drafting of legal reports on various topics for governing committees
• Managing of litigation matters via external legal counsel
• Knowledge and experience of legislation, regulations, and industry policy applicable to LISP platforms, investment-based insurance, unit trusts etc.

Minimum requirements:

• LLB or an equivalent degree
• Admitted attorney (Preferable)
• 8+ years of relevant experience in a legal role within the financial services or insurance industry
• LISP experience is ESSENTIAL