Wednesday, November 4, 2020

New Job at ABSA Bank Ltd South Africa - Senior Legal Counsel - Structured Trade and Commodity Finance

  AjiraLeo Tanzania       Wednesday, November 4, 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 - Structured Trade and Commodity Finance
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
Contribution to the management, identification and mitigating of legal risk within the CIB business in South Africa and where applicable or required across the continent. This role will be a key point of contact on a day-to-day basis for the transaction team, and responsible for providing pro-active legal advice, support and risk management. This role involves providing dedicated legal support, putting in place a working model in order to maximise synergies between teams and business areas to ensure that they work together effectively.

Job Description
We are looking for your legal expertise and experience in Structured Trade and Commodity Finance. We need your expert opinion in order to:
  • Effectively manage legal risk and continuously improve controls and efficiency of processes (consistent and proactive approach)
  • Identify opportunities to develop new processes to strengthen the legal risk control framework.
  • Manage, evaluate and prioritise tasks in accordance with business needs
  • Communicate and distil legal concepts to the business function, ensuring that lessons learned are communicated both within and outside the IB Legal team environment
  • Ensure effective and appropriate verbal and written communication of the legal policies to internal clients.
  • Proactive monitoring of compliance to the legal risk control framework.
  • Immediately report/escalate any breach of the legal risk control framework to the Head of IB Legal.
  • Ensure technical correctness of documents drafted by ensuring that the latest legal precedents have been included in the documents. Doing regular research on legal developments and attending training interventions. a
  • Assist in structuring, negotiating, drafting and vetting of legal agreements and documentation relating to standard agreements, transactions and new products.
  • Help develop working structures and best practice guides for use within business
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NEW S.A JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (433 POSTS)

Send in your application if you have;
  • Significant banking and finance legal experience, minimum 5 years PQE.
  • Experience in advising senior business stakeholders
  • Understanding of the banking business and product offerings.
  • A Law degree and are an Admitted attorney or advocate in RSA or other similar jurisdiction
Education
  • Bachelor Honours Degree: Law, Military Science and Security (Required)
Deadline: 16th November, 2020.
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