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Legal Counsel at ABSA April, 2023

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Job Description

Main Accountabilities

Commercial Focus

  • Proactive approach to identifying, managing and reporting of legal risks and issues.
  • Can apply legal principles to the business environment and challenges to find solutions and mitigate legal risk.
  • Positively adapts to change and adjusts approach to provide solutions
  • Develops strong networks across the organization to get things done.
  • Exhibits ability to negotiate and influence people to achieve positive outcomes.
  • Clear and confident communicator who tailors message according to audience

Customer Focus

  • Understanding of customers stated needs
  • Offers insightful service provision in response to business issues.
  • Develops professional relationships with key business areas and maintains relationships in testing situations

Technical Skills and Knowledge

  • Has a clear logical approach to the issues and provides easy to follow commercial advice

Solution Focus

  • Takes ownership of problems and fixes what is not right with personal accountability for high quality outputs
  • Gets involved in projects in the team and across the function to share knowledge and learn new skills

Team Working

  • Shows enthusiasm for new ideas and contributes to implementation.
  • Works with others to improve and seeks coaching/ mentoring for self
  • Involves team members when developing recommendations and utilizes resource to the best effect
  • Makes the team a fun place to work, supports others to make a success of the team and function and encourages collaborative working.
  • Gives observable and honest feedback in a timely manner.
  • Work on team and Function wide initiatives to make Absa a better place

Risk and Control Objectives

  • In the event of major issues in the business unit, act as crisis coordinator and allocate tasks to the crisis teams.
  • Review the risk and Legal profiles of the business unit on a regular basis and provide consultative support to the Head of Compliance & Legal on changes that are required to rebalance risk and reward where required.
  • Understanding of own role in the end to end processes in which you play a part, including applicable risks and controls.
  • Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
  • Keep up to date on all legal and regulatory changes and have the ability to articulate the impact to the Business, be well informed on the industry thinking.
  • All mandatory training completed to deadline.

Technical skills / Competencies

  • Strong legal analytical skills.
  • Strong written and spoken English including legal terminology.
  • Strong conversational English
  • Ability to work with figures confidently and to construct and use excel spreadsheets confidently
  • Computer literate – comfortable user of usual office software packages

Experience, qualifications and other requirements specific to the role

  • Essentials 
  • Law degree
  • Admitted as an Advocate.
  • Preferred
  • Qualified legal experience (private practice or in-house) dealing with banking and/or commercial issues/clients.

Knowledge and Expertise

  • Essential
  • Banking Law
  • Financial Services Compliance Frameworks
  • Anti-Money Laundering Frameworks
  • Retail financial services contractual drafting of terms & conditions / products terms etc.
  • Commercial banking facility terms and standard security documentation
  • Sourcing contractual relationships and drafting
  • HR & Industrial relations knowledge
  • Civil Litigation knowledge

Absa Purpose Values & Behaviours

Absa’s Values and Behaviors represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:

  • I drive high performance to achieve sustainable results
  • I’m obsessed with customer
  • I have an African heartbeat
  • I believe our people are our strengths

Education

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



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