Senior Legal Advisor

Requisition Details & Talent Acquisition Contact

REQ 138315- Tshego Semenya 

Location: Sandton

Closing date: 11 March 2025

Cluster

Retail & Business Banking 

Career Stream

Leadership Pipeline

Position

Senior Legal Advisor

Why join our team!

Are you an experienced legal advisor with a knack for structured finance lending and commercial banking? Nedbank is looking for a Senior Legal Advisor to join our RBB legal team. In this role, you'll provide expert legal advice and risk management services, ensuring compliance and driving business efficiency. With a focus on structured finance lending, you'll work with principal client portfolios and CIB. If you have an LLB (NQF level 10), are an admitted attorney, and have 5-7 years of experience, this is your chance to make a significant impact. Join us and be part of a team that values your expertise and fosters continuous growth. Apply now and help shape the future of banking!

Job Purpose

To provide proactive professional legal advice and risk management services to internal clients to mitigate the banks legal risk.

Job Responsibilities

• Achieve goals and objectives by understanding and embracing the Nedbank vision and demonstrate the Nedbank values through interaction with team and stakeholders.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression opportunities for self with input from management.
• Support personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience gained and certifications obtained within specified time frames.
• Maintain knowledge management; and improve team success by sharing knowledge with team and stakeholders.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
• Achieve key business strategies by participating and supporting corporate social responsibility initiatives.
• Add value to Nedbank by identifying and recommending opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
• Deliver on risk and compliance related projects by tracking progress and ensuring completion within specified time frames.
• Mitigate risk and minimize losses by identifying risk factors linked to non adherence to project timelines and recommended changes and courses of action.
• Improve business efficiency and minimize compliance risk by conducting gap analysis of business processes; and by scrutinising relevant monthly reports.
• Ensure delivery on projects by planning individual activities according to business needs and monitoring actions.
• Minimize overall business risks by engaging and obtaining stakeholders' view of where risks exists.
• Make an informed recommendation to stakeholders by evaluating identified risks and by conducting observations; analysing data and interviewing relevant parties.
• Foster good relationships and promote business understanding by engaging in effective communication with stakeholders.
• Monitor relevant legislative compliance status by receiving electronic feedback from Business Information Systems and communicating with the branches regarding actions to be taken.
• Conduct FAIS (Financial Advisory and Intermediary Services) act monitoring on a weekly basis by analysing reports throughout the business units.
• Create stakeholder awareness and understanding of the Business Continuity Plan (BCP) by utilising reports obtained from the BCP intranet and by engaging with and ensuring that each branch has an approved business continuity plan in place.
• Monitor compliance training completion throughout the designated business unit and conduct follow ups by reviewing Group Compliance reports.
• Ensure full understanding of changes on relevant legislative issues by conducting ad hoc training.
• Ensure that the recommended actions are taken by participating in external audit process and subsequently follow ups with relevant stakeholders.

Minimum Experience Level

• 5 - 7 years' experience as legal advisor within the banking industry 
• Experience in structured finance lending within a commercial banking space.
• Experience servicing the principal client portfolio midcorp and dealing with CIB.
• Strong understanding of banking and structured lending.
• Ability to conduct gap analysis of business processes and scrutinize relevant monthly reports.
• Experience in planning individual activities according to business needs and monitoring actions.
• Proven track record in engaging and obtaining stakeholders' views of where risks exist.
• Experience in evaluating identified risks, conducting observations, analyzing data, and interviewing relevant parties.
• Strong communication skills to foster good relationships and and promote business understanding.

Essential Qualifications - NQF Level

Preferred Qualification

• Must have an LLB (NQF level 10) and be an admitted attorney. This is a non-negotiable requirement

Essential Certifications

Technical / Professional Knowledge

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566