Legal Associate - Financial Services – Sandton

Introduction

Our client in the financial services industry is offering an opportunity for a Legal Associate with commercial litigation experience to join their internal legal department. The role involves supporting the existing legal team in fulfilling the credit compliance function, including transaction execution, post-transaction monitoring, and recoveries.

Duties & Responsibilities

• Assisting with the vetting of the terms and conditions of deals from a legal perspective prior to the Credit Committee approving a deal.

• Drafting legal agreements and related documents from standard templates (e.g. Loan Agreements, Pledge and Cession Agreements, Guarantees, etc.).

• Instructing attorneys to attend to the registration of securities (e.g. mortgage bonds, special notarial bonds, etc.).

• Ensuring compliance with all other conditions of a deal prior to disbursing funds on a deal.

• Project managing commercial recovery matters, internally and in conjunction with external legal advisors (from initiating action legal action to full receipt of funds).

• Provide legal advice and services to the organisation in corporate and commercial matters.

• Draft Term Sheets, ensuring they encapsulate the terms of the credit approval and perform general administration in respect of the facility agreement preparations and finalisation.

• Attend to queries from credit analyst, operations and clients, providing legal expertise to the Credit Committee.

• Draft documentation including regulatory required documents, non-standard security agreements and resolutions.

• Reviewing including drafting affidavits and other court papers

• Assisting with the vetting of the terms and conditions of new finance transactions from a legal perspective prior to the Credit Committee approving a deal

• Liaising with colleagues regarding conditions, implementation and execution of deals

• General monitoring of loan portfolio for loan covenants, monitoring and payment defaults

• To ensure that all client documents are up to date and signed off correctly and all required information is loaded onto the system

Desired Experience & Qualification

• Law Degree.

• Admitted Attorney.

• 3 – 5 years post-articles legal experience.

Required Skills:

• EQ - (self-awareness, self-management, reading the room and managing the room).

• Obsessive about controlling documentation - understands the impact of incorrect paperwork.

• Attention to detail.

• Organized & professional work ethic.

• Ability to take initiative and learn quickly.

• Excellent communication skills (verbal and written).

• Comfortable in engaging with customers at all levels.

• Comfortable dealing with conflict and litigation related to recoveries.

• Techno Savvy Remuneration.

• Commensurate with market and years’ experience.

Package & Remuneration

Market Related.

Interested?

Apply online

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