Job Opportunities in South Africa


October 18, 2024

Land Bank Careers

Centurion


Senior Legal Advisor: Client Agreements servicing Workout & Restructuring

Job Advert Summary
The position is dedicated to all Legal matters pertaining to the Workout & Restrucuting Business Area.
To provide legal advice, legal opinions and solutions for all matter related to workout & restructuring to ensure best practice and manage or mitigate legal risks on behalf of the Land Bank while ensuring compliance and governance.
Act as counsel on issues involving company compliance and provide advice on appropriate action within area of responsibility and coordinate legal matters requiring external legal assistance. Will include the following:
  • Manage external resources
  • Draft, vet and negotiate contracts, term sheets, etc.
  • Develop and review standard legal templates
  • Conduct legal reviews
  • Participate and provide legal input/advise in investment committees of the Bank
  • Manage costs and exposure for the Bank
  • Improve service delivery
  • Conduct research and development
  • Manage stakeholder relationships
Key Performance Areas
1. Business Support and General Legal Advice
  • Voting member in approving credit applications and reviewing applications
  • Custodians of all legal agreements in the Bank and responsible for developing and reviewing them from time to time to ensure legal compliance
  • Assisting business units with the process of deal structuring from a legal perspective
  • Drafting complex legal agreements for high net worth clients which include but are not limited to securitisations, restructures, mergers and acquisitions
  • Reviewing and approving recommendations from the Branches
  • Advising Treasury from time to time regarding raising funds for the Bank in the market
  • Drafting and/or reviewing capital raising/ funding agreements between the Bank and its private investors
2. Review and Development of Policies and Procedures
  • Identify loopholes and make recommendations on policies and processes for improved service delivery
  • Monitoring and compliance to the policies and procedures and making recommendations in case of non-compliance
  • Assist in Delegation of Powers (DOP) development and review
3. Resource Management
  • Management of panel of attorneys in terms of giving them instructions and subsequent communication
  • Manage delivery of outsourced work
  • Managing costs and reviewing invoices in respect of outsourced works and ensure compliance with the signed SLA
  • Manage expectations and relations with internal and external stakeholders and to negotiate with them from time to time
4. Manage Stakeholder relationships
  • Proactive building of internal relationships with all Business Units
  • Understanding operational business needs
  • Providing business solutions in area of expertise
  • Understanding internal client’s areas of operation
5. Reports and Document Management
  • Prepare reports to Board and management on matters pertaining to the business of the Bank
  • Prepare legal summaries post legal reviews for the Board / Credit Risk and Investment Committee (CRMC)
  • Ensure proper records keeping within area of responsibility
Preferred Minimum Education and Experience
  • 4 year LLB Degree or equivalent
  • 7 years Post admission experience in a corporate and commercial environment which includes workout & restructuring
Critical Competencies
  • Legislation
  • Legal opinions
  • Report writing
  • Compilation of policies and procedures
  • Legal reviews
  • Research
  • Skills transfer to juniors
Additional Requirements
  • Banking and Finance
  • In depth knowledge of the Companies Act, NCA, CPA, Land Bank Act, and other relevant legislations, and understanding of regulatory legislation, e.g., National Environmental Management Act, Nation Water Act

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