Senior Legal Counsel - Trade and Working Capital at Absa

Member of the legal team responsible for identifying, mitigating and managing legal risk across the Trade and Working Capital (TWC) business. This will also include support to our Africa Regional Offices. This position will be expected to provide specialised legal advice on structuring transactions in line with the relevant TWC and general banking practices, procedures and regulations. The role will be a key point of contact on a day-to-day basis for the TWC team, and responsible for providing pro-active legal advice, support and risk management.

Job Description

In this role some of your key accountabilities will include:

• To identify opportunities to develop new processes to strengthen the legal risk control framework.
• Effective management of legal risk and continuously improve controls and efficiency of processes (consistent and proactive approach).
• Manage, evaluate and prioritise tasks in accordance with business needs
• To communicate and distil legal concepts to TWC, ensuring that lessons learned are communicated both within and outside the TWC Legal function.
• Ensure effective and appropriate verbal and written communication of the legal policies to TWC business.
• Proactive monitoring of compliance of the legal risk control framework.
• Immediately report any breach of the legal risk control framework to the head of his/her department.
• Immediately record legal risks on the legal risk reporting forms in an accurate manner and provide it to the head of the department.
• Act on legal risks notified in the legal risk reports, by raising it with TWC stakeholders and addressing it as required to sufficiently remediate and mitigate future risk.
• Ensure technical correctness of documents drafted by ensuring that the latest legal precedents have been included in the documents.

Send in your application if you have:

• B Degree in law: LLB, B Juris or B Proc
• Admitted attorney or Advocate of the High Court of South Africa
• 5 years plus post admission experience as in-house legal counsel in a financial institution, other corporate, reputable lawfirm or at the Bar.