Senior Legal Advisor, Shariah Banking

Job Overview
Business Segment: Group Functions
Location: ZA, GP, Johannesburg, Baker Street 30
Job Type: Full-time
Job Ref ID: 80375702A-0002
Date Posted: 11/5/2024

Job Description
To interpret and implement business instructions in compliance with Islamic law and guidelines in the relevant jurisdiction or area of accountability across Business Units (i.e. Business and Commercial Banking, Personal and Private Banking, Corporate and Investment Banking):

1. to draft, review, update and negotiate template and complex, bespoke legal agreements and client facing documents in accordance with business requirements and applicable laws;
2. to provide specialised legal advice (in the application of Islamic, banking and finance laws and guidelines) to multiple business areas on all complex commercial legal matters;
3. to conduct legal research;
4. to identify, manage and mitigate legal risks, all in accordance with the legal entity mandate, policies and regulatory requirements with the intention of enabling the maximisation of revenue streams.

Qualifications

Minimum Qualifications
Type of Qualification: Post Graduate Degree
Field of Study: Islamic structuring of capital markets (sukuk), Islamic finance (structured lending products and funds), Islamic Wealth (consumer lending and general banking products and services)

Experience Required
8-10 years of proven Islamic Finance experience in the provision of guidance and insight pertaining to the drafting, vetting, review, dissemination and/or negotiation of legal documentation and processes of a complex nature. Identification and mitigation of legal risks. At least 8 years' experience within the legal/financial and/or corporate/commercial sectors with specific experience in Shariah compliant finance, banking products and services. At least 6 years' people management experience where appropriate.

Additional Information
Behavioral Competencies:
Articulating Information
Developing Strategies
Directing People
Documenting Facts
Empowering Individuals
Technical Competencies:
Financial Industry Regulatory Framework
Legal Compliance
Legal Knowledge
Legal Research
Policy Development
Risk Awareness
Strategy Definition

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za