Job Vacancies at Absa

Job Summary

• Contribution to the management, identification and mitigating of legal risk within the CIB business in South Africa  and where applicable or required across the continent. This role will be a key point of contact on a day-to-day basis for the transaction team, and responsible for providing pro-active legal advice, support and risk management. This role involves providing dedicated legal support, putting in place a working model in order to maximise synergies between teams and business areas to ensure that they work together effectively.

Job Description

We are looking for your legal expertise and experience in Structured Trade and Commodity Finance. We need your expert opinion in order to:

• Effectively manage legal risk and continuously improve controls and efficiency of processes (consistent and proactive approach)
• Identify opportunities to develop new processes to strengthen the legal risk control framework. 
• Manage, evaluate and prioritise tasks in accordance with business needs
• Communicate and distil legal concepts to the business function, ensuring that lessons learned are communicated both within and outside the IB Legal team environment 
• Ensure effective and appropriate verbal and written communication of the legal policies to internal clients.
• Proactive monitoring of compliance to the legal risk control framework.
• Immediately report/escalate any breach of the legal risk control framework to the Head of IB Legal.
• Ensure technical correctness of documents drafted by ensuring that the latest legal precedents have been included in the documents. Doing regular research on legal developments and attending training interventions. a
• Assist in structuring, negotiating, drafting and vetting of legal agreements and documentation relating to standard agreements, transactions and new products.
• Help develop working structures and best practice guides for use within business

Send in your application if you have;

• Significant banking and finance legal experience, minimum 5 years PQE.
• Experience in advising senior business stakeholders
• Understanding of the banking business and product offerings.
• A Law degree and are an Admitted attorney or advocate in RSA or other similar jurisdiction

Education

• Bachelor Honours Degree: Law, Military Science and Security (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised