Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
To provide sound legal advice and support in area of specialisation enabling the provision of legal risk management for the business.
Job Description Accountability:
Continued pro-active stakeholder engagement and involvement on a business level
Understands the principles of insurance with a specific emphasis on long term insurance. Ensure commercially and legally sound guidance and advice in respect of allocated insurance regulatory requirements in a professional and supportive manner; always considering the potential alternatives within the rules and regulations applicable, endeavouring to find solutions to ensure lawfulness and compliance as well as the continuation of business. A good working knowledge of credit life and key regulatory changes across the industry is an advantage.
Provide tailored, commercial advice as well as recommendations on legality, the lawfulness and enforceability of agreements and documents. Should have a working knowledge of drafting of contracts and the application of insurance principles to the contracts.
Good understanding of relevant products and services across AGL (notably RBB & AFS) and assist in structuring, negotiating and drafting legal agreements and documentation
Risk and Control Exercise sound risk judgement based on practice / previous experience and ensures, legal risk management. Have a broad understanding of key risks in other areas and collaborates with others to manage and address them. Understands policies and procedures that are relevant to a business and broadly to a Group and understands the impact of such on the regulatory soundness of the business.
Collaborative skills and the ability to build strong relationships especially with other colleagues in legal and business stakeholders is essential.
Assist to develop working structures and best practice guides for use within business
Should be able to adopt a cohesive approach to working across businesses and engage stakeholders at middle management level.
Technical Demonstrate a thorough understanding of areas of specialisation and consider, comment, draft negotiate and give advice and guidance on long term insurance documents/ agreements for the business. Experience in technology law and IT related agreements is advantageous but not essential.
PQE: 3-5 years of experience as in an house legal advisor preferably (but not essential) at a professional services firm or at a law firm.
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