Legal Officer

Job description

Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. My Career Development Portal : Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility. Job Summary • Management of the relationship with law firms. • Draft of litigations reports. • Manage external legal expenditure • Management of Court Orders. Job Description Manage Court Orders and avoid payment of any fine due of delays of processing payments to Court in process where Bank is part. keep the list of litigation updated. Litigation risk assessment in annual basis (RCSA/ CPA). Manage relationships with external lawyers using best supplier management practices and get monthly litigation report. Manage external legal expenditure (Control payments of lawyers’ fee and Court’s fee before process any payment (ensure that invoices issued by Law Firms correspond to the (i) service received by Bank and (ii) lawyer’s fee agree); Manage Court orders and inheritance processes. Prepare and submit in monthly basis the cost report to ARO Legal Centre. Submission of quarterly Litigation report of an amount of ZAR 1.5 Million and respective provision to Group Litigation Team, ABMZ ERC, Operational Risk and Finance; Education and Experience Required Law degree Knowledge & Skills: Banking Law. Financial Services Compliance Frameworks. Retail financial services contractual drafting of terms & conditions / products terms etc. Commercial banking facility terms and standard security documentation. HR & Industrial relations knowledge. Civil Litigation knowledge. Competencies: Strong legal analytical skills Planning and organizing Learning and researching Relating and networking Adapting and responding to change Persuading and influencing Education Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)