Thursday, November 5, 2020

New Job Vacancy at ABSA Bank Limited South Africa, Senior Legal Counsel - Cash Management

  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 - Cash Management
Location: Sandton
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 Cash Management (CM) business. This will also include support to our Africa Regional Offices. This position will be expected to provide specialised legal advice on Cash Management Products (namely Collections, Channel, Liquidity Management International and Domestic Payments and Integrated Solutions) in line with general banking practices, procedures and regulations. The role will be a key point of contact on a day-to-day basis for the CM team, and responsible for providing pro-active legal advice, support and risk management.

Job Description
We need your legal expertise, in order to:
  • 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 CM, ensuring that lessons learned are communicated both within and outside the CM Legal function.
  • Ensure effective and appropriate verbal and written communication of the legal policies to CM 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.
  • Draft /vet and negotiate terms and conditions relating to Cash Management products, confidentiality agreements and other ad hoc legal agreements for CM.
  • Help to develop working structures and best practice guides for use within business including responding to and/or assist CM in mitigating risk associated with
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NEW S.A JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (433 POSTS)

Send us your CV, if you have:
  • A B Degree in law: LLB, B Juris or B Proc
  • Are an Admitted attorney or Advocate of the High Court of South Africa
  • 5 years plus post admission experience and in-house legal counsel in a financial institution, other corporate, reputable lawfirm or at the Bar.
  • Experience with multijurisdictional transactions, legal issues of benefit and preferred
Education
  • Bachelor Honours Degree: Law (Required)
Deadline: 16th November, 2020.
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