Legal Advisor

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To provide specialist legal advice and support in areas of specialisation required in Liberty Corporate
Benefits. Corporate Benefits is a Business Unit within Liberty Group that provides tailor made solutions
for employers to provide their employees with retirement savings, insurance benefits and annuities.

The purpose of the role is to manage and mitigate legal, regulatory and commercial risks by providing
effective, concise, accurate and timely legal support and advice to the Business. The incumbent will
also be responsible for providing legally sound solutions to the Business not only relating to products,
services and applicable legislation, but must also ensure that such solutions contribute to the Business
goals and realisation of the Business' strategic objectives.

Qualifications

Type of Qualification: LLB, Admitted Attorney
Field of Study: Legal

Experience Required
Macro Generic
Legal

• Minimum 3-5 years’ legal experience in Financial Services especially in the pension funds industry;
• Technical and practical knowledge and understanding of the pension funds industry, insurance and financial services sector;
• An understanding of relevant financial services legislation.

Responsibilities

• Assist Chief Specialist in achieving and executing Legal strategy relating to Corporate Benefits;
• Provide legal advice to the business on various legal and technical matters in line with legal framework and best practice (including divorce and maintenance orders, section 37C distributions, fund rules, complaints, product queries);
• Keeping abreast of new legislation, case law and regulatory changes and advising Business stakeholders of potential impact (including the PFA, LTIA, Two-Pot, TCF, POPI, FAIS Act, ITA, FSR Act; Insurance Act);
• Provide legal and regulatory support to the Liberty Group sponsored funds;
• Support and assist the Complaints Management team with FSCA, Pension Funds Adjudicator, and Ombudsman complaints and queries;
• Provide legal and technical support to the Rules Drafting team and review Rules and amendments when required;
• Review, vetting and approval of policy documents, member communication, forms, reports and marketing material relating to the Business;
• Drafting, vetting and negotiation of contracts, and service level agreements relating to the Business;
• Researching complex legal matters and providing legal opinion into business projects and product development;
• Deliver exceptional legal service that exceeds customers’ expectations through proactive, innovative and appropriate legal solutions;
• Research and issue quarterly publications on legal and regulatory issues;
• Training of internal staff as and when required on legal matters;
• Cultivate and manage objective working relationships with a variety of stakeholders, including
  external attorneys and counsel, industry bodies and regulators and act as ambassador of the
  organisational brand;
• Work collaboratively across Liberty to provide excellent and effective legal advice;
• Contribute to a TCF service excellence culture, which builds positive relationships and provides
  opportunity for feedback and exceptional service;
• Complete specific reports, statutory documentation and registers, in order to ensure that
  administrative procedures associated with litigation functionality are complied with and specific
  deadlines are adhered to; and Cost management.

Additional Information

Behavioural Competencies:

• Articulating Information
• Checking Things
• Documenting Facts
• Establishing Rapport
• Examining Information
• Following Procedures
• Interacting with People
• Inviting Feedback
• Managing Tasks
• Meeting Timescales
• Team Working
• Upholding Standards

Technical Competencies:

• Contract Management
• Financial Industry Regulatory Framework
• Legal Advisory & Interpretation
• Legal Drafting
• Legal Knowledge
• Legal Research