LEGAL ADVISOR – GROUP LEGAL – REF8253

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R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS

Our client who has been established in South Africa and investing on behalf of clients since 1974 has grown to become Africa’s largest privately owned investment management company.

They now seek a Legal Advisor – Group Legal to join their team. The role reports to the Group Head of Legal and Compliance.

JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

  • You will be required to ensure that the legal and regulatory business needs are satisfied by providing legal expertise, support for all legal and legal‐related matters, as well as for certain regulatory compliance‐related matters and company secretarial matters;
  • You will be responsible for assisting the business to keep on top of relevant legislative, regulatory and industry changes;
  • You will be responsible for providing legal opinion, counsel and interpretation (which will include contractual drafting, vetting and negotiating);
  • You will be responsible for providing clear, succinct reporting on legal developments and compliance;
  • You will be responsible for providing quality representation (internally and externally);
  • You will be responsible for proactively assisting in the prevention of non‐compliance with relevant legislation, regulation and contractual obligations;
  • You will be responsible for assisting with a variety of assigned legal projects;
  • You will be required to act as counsel on basic issues involving company compliance with governmental and regulatory standards;
  • You will be required to review legal documentation and provide advice on appropriate action;
  • You will be required to coordinate legal matters requiring external legal assistance;
  • You will be required to, on top of all this, contribute meaningfully towards ensuring that the business functions well for the clients;
  • You will be required to provide legal input, opinions (including drafting) when agreements are being negotiated on behalf of the company, vetting agreements drawn up by other parties and commenting thereon (such as with service providers);
  • You will be required to draft and review retail distribution and service level agreements, e.g. with other third party management companies, fund managers and LISP’s;
  • You will be required to draft and review institutional client agreements, e.g. portfolio management agreements with institutional clients and consultants;
  • You will be required to draft and review various 3rd party service provider agreements;
  • You will be required to assist and resolve ad hoc legal issues;
  • You will be required to furnish legal opinions and advice concerning the company and its clients (verbal and written);
  • You will be required to advise management, employees, clients on all legal and compliance matters that affect business decisions;
  • You will be required to advise and assist the investment team regarding various matters, such as corporate actions, ‘inside information’ matters, Companies Act and JSE Listings Requirement issues etc.;
  • You will be required to have/fast obtain a sound working knowledge and be able to effectively deal with issues arising under the Collective Investment Schemes Control Act, Financial Advisory and Intermediary Services Act, Long‐Term Insurance Act, Financial Intelligence Centre Act, Pension Funds Act, Financial Markets Act, Protection of Personal Information Act, Exchange control regulations, Companies Act, Financial Institutions (Protection of Funds) Act and National Credit Act;
  • You will be required to perform regulatory lobbying ‐ this includes to assist in reviewing, commenting on new draft legislation, sub‐ordinate legislation, circulars, discussion documents etc., including with a view on how that impacts the company and its operations;
  • You will be required to liaise with the financial services board and manage applications in terms of Collective Investment Schemes Control Act;
  • You will be required to represent the company at relevant industry workshops and working groups with regard to relevant asset management legislative developments;
  • You will be required to research and engage with regulators and counterparties in the ex‐SA regional offices, as well as ex‐Africa;
  • You will be required to provide input on various policies, especially compliance related ones;
  • You will be required to advise in regard to monitoring compliance with client mandates, applicable legislation, internal rules, processes and policies;
  • You will be required to assist , support the compliance team (re investment and trading) on permissible investments and investment restrictions;
  • You will be required to assist in further developing, promoting, implementing, maintaining standards, procedures that enable employees to act in an appropriate manner i.e. in line with the company’s values, in compliance with internal policies and legislation;
  • You will be required to advise on internal corporate related matters especially regarding the Companies Act;
  • You will be required to record, keep and maintain good records of agreements, processes, monitoring outcomes, breaches and courses of action;
  • You will be required to assist with the internal training and education as may be required – this may, over time, require work leadership and mentoring to less experienced attorneys;
  • You will be required to assist with the completion of statutory returns, such as those to be submitted to regulatory bodies;
  • You will be required to assist with rolling out group legal policies, procedures, controls and report on nonadherence at the appropriate level where necessary.

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

  • You have a strong work ethic;
  • You have excellent drafting (contractual and opinion writing) and research skills;
  • You are methodical with a keen eye for detail and accuracy;
  • You are highly articulate;
  • You have excellent communication (written and verbal) skills in English;
  • You have the ability to effectively multi‐task, self-manage and take initiative;
  • You have excellent analytical skills, logical thought processes, sound judgement and decision-making abilities;
  • You are confident and assertive;
  • You are reliable, responsive, resourceful and professional;
  • You have a high level of integrity;
  • You are able to consistently produce a high standard of work;
  • You are conscientious;
  • You are goal orientated and solution‐driven;
  • You are able to consistently produce high quality work efficiently when under pressure;
  • You are able to deal with and manage conflicts;
  • You are a good receiver of constructive feedback (positive and negative);
  • You are well organized,  delivery and deadline focused, flexible;
  • You have effective time management skills;
  • You are a proactive,  self‐starter, self-motivator and self‐manager;
  • You have strong problem‐solving skills with a ‘can‐do’ attitude;
  • You have the ability to confidently engage at all levels of the organisation and amongst a diverse group of people;
  • You have the ability to effectively prioritise workload and opinions and input sought by various teams;
  • You have a proven record of ability to work as part of a multidisciplinary team, as well as independently;
  • You have the ability to manage projects to achieved the desired outcome;
  • You are resilient especially in the face of adversity;
  • You are service orientated with the ability to build and maintain strong relationships with internal stakeholders, with a ‘how can I help’ attitude;
  • You have strong business acumen;
  • You are skilled and have superb academic results;
  • You are energetic.

CORE QUALIFICATIONS AND EXPERIENCE:

  • You have B.Com/LLB degree with articles;
  • You are an Admitted attorney;
  • You have strong academics, this is essential;
  • You have 1 year post articles, with some financial services exposure and commercial acumen/ exposure;  we are not looking for anyone with litigation experience.
  •  You have current, relevant experience in negotiating, drafting, process management of commercial transactions and agreements;
  • You have dealings within the financial services industry, asset management in particular and good knowledge of investment type‐products and financial instruments;
  • You have current and relevant knowledge of drafting financial services ‘type’ agreements and all legal ‘aspects’ of a global best practise asset manager;
  • You may have working knowledge of / experience with financial services legislation (especially Collective Investment Schemes Control Act, Financial Advisory and Intermediary Services Act, Long‐Term Insurance Act, Financial Intelligence Centre Act, Pension Funds Act, Financial Markets Act, Exchange control regulations,) and other key legislation (especially Protection of Personal Information Act, Companies Act);
  • You are abreast of key ongoing regulatory developments in the financial services industry;
  • You have strong computer literacy skills.

You are a smart, technically astute legal professional. You have made a good career and study choices and would like to put all of this effort and commitment to ‘great’ use! Here you will do this and augment your career! Wonderful house to work for and superb colleagues to work with and for – an opportunity ++.