Legal Associate - Financial Services - Sandton

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.

Key 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.
• Performing KYC/FICA/AML/PEP checks on clients.
• 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.

Required Qualifications:

• Admitted Attorney.
• Law Degree.
• 3-5 years post-articles legal experience.
• Currently working in a law practice/firm with extensive experience in commercial litigation matters.

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.

Package and Remuneration:

Market Related.

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