Job Requisition ID: R14043
Job DescriptionTo provide legal solutions to complex legal and business challenges to mitigate against legal risk and partner with the business on the implementation of policies to comply with legal and regulatory requirements and business processes.
Provides guidance and management to more junior legal advisors.
Hello Future Legal Advisor Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
As part of our team in FNB Credit Card, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now's the time to imagine your potential in a team where experts come together and ignite effective change.
Are you someone who can: Establish, align and manage target and budget goals whilst ensuring effective control of costs to increase cost efficiency.Identify and communicate potential financial risks with a legal implication.Cultivate and manage objective working relationships with a variety of stakeholders, including external attorneys, FirstRand Group Legal Services, FNB Legal Services, business and external stakeholders, and industry bodies to ensure the business is in the position to obtain expert opinion on specialist areas of law.Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions.Maintain expert knowledge on relevant legislation, industry best practices, and provision of proactive advice and solutions to relevant stakeholders.Research and provide legal opinion on a variety of issues and new business projects within the business to proactively identify, assess and manage legal risk.Provide timeous, professional advice and solutions in respect of legal matters to persons within FNB, resulting in business sustainability and risk mitigation.Maintain a constantly updated 'library' of advice that has been requested and given in FNB, including updates relating to legislation.You will be an ideal candidate if you can: Draft and review legal agreements, including Service Level Agreements and other legal documentation.Have sufficient experience in dealing with the Protection of Personal Information Act, specifically regarding record management, record keeping, and data processes.Have a good understanding of the framework in which the Financial Advisory and Intermediary Services Act operates and how the legal risks would impact the business.Monitor, analyze and evaluate the impact and legal implications of developments in the financial services industry and related areas, including the activities of competitors, and proactively recommend effective courses of action.Identify, report and mitigate legal risk at a system, product, process, and/or channel level within the business unit.Benchmark current practices against the FRB legal risk management framework and adjust practices as necessary.Implement, benchmark and improve all business processes in the designated area of responsibility.Actively monitor changes in law, regulations, technology and relevant industry practices.Draft, review/update and re-negotiate legal agreements and other legal documentation.Monitor the relevance of legal documentation to ensure consistency across the business.Deal with litigation matters involving the business to manage legal risk and liaise with Ombudsman when necessary.You will have access to: Opportunities to network and collaborate.A challenging working environment.Opportunities to innovate.We can be a match if you: Proactively resolve disputes to avoid litigation and ombudsman referrals.Benchmark current practices against the group legal risk management framework and adjust practices as necessary.Ensure legally compliant best business practices and policies to protect the organization from legal action.Identify room for improvement or 'loopholes' in the current mandates space and provide general legal advice.Identify and communicate current and anticipated legal issues/risks.Plan and manage performance, skills development, employment equity, talent and culture of the team to improve innovation, achieve efficiencies and increase competencies.Manage personal development to increase own skills and competencies.Apply now if you are interested in taking the next step. We look forward to engaging with you!
All appointments will be made in line with FirstRand Group's Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. Candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose it to other parties.
Job DetailsTake note that applications will not be accepted on the below date and onwards; kindly submit applications ahead of the closing date indicated below. Closing Date: 30/10/2024
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