Legal Counsel
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Industry Banking / Financial Services Founded 1991 Type Public Website http://www.absa.co.za Address 7th Floor, Barclays Towers West 15 Troye Street Johannesburg, Johannesburg 2001 South Africa
View All Jobs at Absa Bank Limited
Job Summary
- The Legal Counsel for Corporate Investment Bank (CIB) & Commercial Services provides dedicated legal support to CIB business and Commercial Services function on areas such as deal and transactional structuring, review of commercial contracts and general legal advice.
Job Description
KEY ACCOUNTABILITIES
CORPORATE INVESTMENT BANK BUSINESS SUPPORT (50%)
Assist Head of Legal in:
- Deal transactions and securities structuring.
- Finance documentation review.
- Credit papers review and support.
- Preparation and review of term sheets.
- Product development and documentation support.
- Business support and recoveries including restructuring, business rescue, insolvency and enforcement.
- Managing costs.
- Monthly and periodical reports.
- CIB litigation.
- General advisory and legal risk management.
COMMERCIAL SERVICES (50%)
- Assist the Head of Legal in:
- Review of supplier contracts.
- Review of leases and licenses.
- Negotiation with suppliers.
- Dispute resolution.
- Managing costs.
- General legal advisory.
SKILLS AND COMPETENCIES
- Strong knowledge of banking and finance law.
- Expertise in structured finance, lending transactions, and security structures.
- Experience in insolvency, restructuring, recoveries, and enforcement.
- Strong legal drafting and negotiation skills.
- Sound understanding of credit risk and banking products.
- Commercial acumen and problem-solving ability.
- Stakeholder management and influencing skills.
- Ability to manage multiple complex transactions simultaneously.
- Good grounding on Loans Markets Association (LMA) standard documentation.
QUALIFICATIONS
- Bachelor of Laws (LL. B) degree.
- Advocate of the High Court
- Minimum 7 years' post-admission experience in banking and finance law, preferably within a Corporate & Investment Banking environment or a leading commercial law firm.
- Experience in financing transactions, restructurings, recoveries, and banking litigation.
- Exposure to cross-border transactions and securities structures is an added advantage.