Job Description

Empowering Africa’s tomorrow, together…one story at a time.

CIB Legal is currently looking for senior legal Counsel to join the Transactional Banking Legal Team. The candidate will be responsible for identifying, mitigating and managing legal risk across the Pan Africa Cash Management (CM) business. The position requires a strong understanding of banking law and financial regulations in South Africa. A Deep knowledge of transactional banking products including payments/payments systems (requirements of legislation and directives in the National Payment System) , liquidity and cash pooling management, account structure and treasury services, and digital and online banking platforms, payment systems and cash management products is required as well as knowledge in the South African and Global regulations on digital/crypto assets. 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.

Accountability: Legal Risk

• To provide highly specialised legal advice and support to the dedicated area of support.

Accountability: Leadership & Management

• Demonstrates strong relationship management skills with clients
• Plan and manage projects and matters through to completion, including resourcing
• Contribute to the development and implementation of team objectives and strategy and provide high quality support to the business as required by interacting with different legal and business stakeholders.
• Work independently with minimal supervision and demonstrate the ability to supervise where appropriate

Accountability: Commercial

• Demonstrate strong analytical skills and solve complex problems creatively and effectively
• Drives good cost control behaviour, especially around external spend and consistently deliver against a broad range of competing target
• Manage external counsel and represent AGL on relevant industry forums and professional bodies where required
• Add value in commercial as well as technical discussions, and provide training that is beneficial / informative to internal clients
  

Accountability: Risk and Control

• Actively raise the profile of the legal function and improve on Legal Key Risks
• Manage and create awareness by embedding legal policies and control requirements in all areas of the business
• Provide appropriate challenge and equally be robust in the face of challenges
• Build strong risk partnerships with colleagues in other functions (especially key control areas)
• Fully understand the role of legal in AGL and how it interacts with other functions and the business.

Accountability: Teamwork:

• Proactively collaborates across different teams and geographies within Legal to break down silos
• Provide objective and constructive feedback and openly shares knowledge and expertise

Accountability: Technical

• Acts as a trusted advisor to business and other infrastructure areas; understands market and legal developments and their impact on business
• Contribute to industry-wide initiatives and have a good network amongst peer group externally

Education

Bachelor Honours Degree: Law, Military Science and Security (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised