Thursday, November 5, 2020

New Job Opportunity at ABSA Bank Ltd South Africa, Senior Legal Counsel - Trade and Working Capital

  AjiraLeo Tanzania       Thursday, November 5, 2020
AJIRA LEO TANZANIA
ABSA Bank Ltd South Africa
Jobs27 | South Africa Jobs 2020: New Jobs Vacancies at ABSA Group Limited-  South Africa, 2020
Jobs27 | South Africa Jobs 2020
About Us 
Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.

Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
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We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

Position: Senior Legal Counsel - Trade and Working Capital
Location: Johannesburg
Bring your possibility to life! 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.
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Job Summary
Member of the legal team responsible for identifying, mitigating and managing legal risk across the Trade and Working Capital (TWC) business. This will also include support to our Africa Regional Offices. This position will be expected to provide specialised legal advice on structuring transactions in line with the relevant TWC and general banking practices, procedures and regulations. The role will be a key point of contact on a day-to-day basis for the TWC team, and responsible for providing pro-active legal advice, support and risk management.

Job Description
In this role some of your key accountabilities will include:
  • To identify opportunities to develop new processes to strengthen the legal risk control framework.
  • Effective management of legal risk and continuously improve controls and efficiency of processes (consistent and proactive approach).
  • Manage, evaluate and prioritise tasks in accordance with business needs
  • To communicate and distil legal concepts to TWC, ensuring that lessons learned are communicated both within and outside the TWC Legal function.
  • Ensure effective and appropriate verbal and written communication of the legal policies to TWC business.
  • Proactive monitoring of compliance of the legal risk control framework.
  • Immediately report any breach of the legal risk control framework to the head of his/her department.
  • Immediately record legal risks on the legal risk reporting forms in an accurate manner and provide it to the head of the department.
  • Act on legal risks notified in the legal risk reports, by raising it with TWC stakeholders and addressing it as required to sufficiently remediate and mitigate future risk.
  • Ensure technical correctness of documents drafted by ensuring that the latest legal precedents have been included in the documents.
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NEW S.A JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (433 POSTS)

Send in your application if you have:
  • B Degree in law: LLB, B Juris or B Proc
  • Admitted attorney or Advocate of the High Court of South Africa
  • 5 years plus post admission experience as in-house legal counsel in a financial institution, other corporate, reputable lawfirm or at the Bar.
Education
  • Bachelor Honours Degree: Law (Required)
Deadline: 16th November, 2020.
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