Legal Advisor (Forex)

Job Description

To provide legal solutions to legal and business challenges within a business area, to mitigate legal risks and partner with the business on the implementation of policies to comply with legal and regulatory requirements in relation to business processes.

To consult with internal clients to understand business requirements and provide sound legal advice pertaining to the drafting, vetting, review, dissemination and/or negotiation of legal documentation and processes, providing clear legal direction based on sound judgment.

1. Provide sound legal advice to the business area on all legal matters that may arise in its operations.
2. Stay up to date with all relevant developments in the law in relation to his/her area of practice and employer.
3. Provide comments on emerging legislation that impacts business area.
4. Review, in consultation with risk teams, business area operational processes in order to ensure that processes do not expose business to undue legal risk.
5. Liaise with external attorneys on behalf of the organisation to ensure clear instructions, and deliverables are procured within budget and on time.
6. Conduct legal research and proactively advise of legal risks affecting the organisation.
7. Develop, implement, and review legal policies and procedures to ensure that they comply with existing legislation.
8. Provide legal and advisory support to business and other functional areas.
9. Interpret laws, rulings, and regulations applicable to the business area.
10. Give legal opinions or submissions on pertinent issues of importance to the business area.
11. Interact with business leaders and stakeholders at all levels, including industry bodies as applicable.
12. Draft, review, update and negotiate legal agreements and other legal documentation.
13. Monitor, analyse and evaluate the impact and legal implications of developments in industry and related areas, including the activities of competitors, and pro-actively work with the Legal Centres of Expertise and recommend effective courses of action so that either a stance may be adopted, or potential threats may be averted.
14. Identify room for improvement legally sound innovative solutions in relation to all activities within his/her scope of work.
15. Identify and communicate current and anticipated legal issues/risks and report same to relevant forums.
16. Utilise legal and other technology in the execution of his/her work.
17. Monitor compliance with legal and statutory requirements related to legal risks of the organisation.

Experience and Qualifications

1. Admitted as an attorney of the High Court, South Africa.
2. At least 3-5 years post Articles experience in commercial law and banking.
3. In-depth knowledge and understanding of relevant Legislation and litigations.
4. Very good attention to detail and an ability to see the bigger picture.
5. Ability to innovate and collaborate.
6. Has a good understanding of commercial legal terminology and legal principles related to finance and related banking transactions.

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

17/12/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.