Posted on: 15 January 2024
ID 898275

Legal Advisor (Bellville)

Build a successful career with us

Were all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.

The overall purpose of this role

The incumbent will be responsible for providing advice and addressing the diverse and complex needs of a variety of business units in SC on technical matters that the Legal team is tasked with. Acts as counsel on issues involving company compliance with the most complex governmental and regulatory standards. Reviews legal documentation and provides advice on appropriate action. Oversees legal matters requiring external legal assistance. Provides functional advice and expert legal assurance to the business.

Key Responsibilities
  • Provide various business units with on time, up to date, understandable, practical and relevant legal advice
  • Analyse disputes; consider, negotiate, implement and manage appropriate solutions
  • Facilitate the involvement of external lawyers
  • Consider practical and cost-effective alternatives, risks and trends
  • Negotiate, draft and vet all required legal agreements including but not limited to binders, outsourcing, intermediary agreements, SLAs, re-insurance agreements, data sharing agreements, NDAs, joint venture agreements, cross-border transactional agreements,
  • Research, prepare and draft opinions required;
  • Conduct and prepare impact analysis of regulatory changes;
  • Assist with litigation matters.
Qualifications And Experience
  • LLB or higher law degree
  • Admitted as an Attorney in South Africa (preferred)
  • At least 5 years in Financial Services Industry or Legal Practice
Knowledge and skills
  • Exposure and knowledge of Pension Funds (mandatory), Insurance and Financial Sector Legislation (the Insurance Act, the Financial Sector Regulation Act, FAIS, the Interpretation of Statutes Act, the Conduct of Financial Institutions legislation, FICA, NCA, POPIA, Consumer Protection Act)
  • Exposure to Investment and Medical Sector Legislation (advantageous)
  • Knowledge of retail insurance products (advantageous)
  • Exposure to litigation
  • Contract drafting skills
  • Communication Skills (Written & Verbal)
  • Professionalism
  • Research skills
  • Recognise and appreciate legal and regulatory risks nuanced by proportionally balancing competing interests towards the facilitation of business
  • Ability to analyse complex data
  • Assimilation and adaptation of new concepts and environment
Personal qualities
  • Flexible and Adaptable - Rebounds from setbacks and adversity when facing difficult situations.
  • Courage - Steps up to address difficult issues, saying what needs to be said.
  • Manages Complexity - Demonstrated ability and proven record in making complex decisions.
  • Ensures Accountability - Holds self and others accountable to meet commitments.
  • Plans and Aligns - Plans and prioritises work to meet commitments aligned to organisational goals
Core competencies
  • Cultivates Innovation by creating new and better ways for the organisation to be successful.
  • Client Focus - Building strong customer relationships and delivering customer-centric solutions.
  • Drives Results - Consistently achieving results and meets deadlines, even under tough circumstances.
  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Resilience - Rebounding from setbacks and adversity when facing difficult situations.
Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

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