Overview
Legal Associate – Financial Services Jobs in Sandton, South Africa at AGC Recruitment Pty Ltd
Introduction
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.
Duties & 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.
- 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.
- Reviewing including drafting affidavits and other court papers
- Assisting with the vetting of the terms and conditions of new finance transactions from a legal perspective prior to the Credit Committee approving a deal
- Liaising with colleagues regarding conditions, implementation and execution of deals
- General monitoring of loan portfolio for loan covenants, monitoring and payment defaults
- To ensure that all client documents are up to date and signed off correctly and all required information is loaded onto the system
Desired Experience & Qualification
- Law Degree.
- Admitted Attorney.
- 3 – 5 years post-articles legal experience.
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.
- Commensurate with market and years’ experience.
Package & Remuneration
Market Related.
Interested?
Apply online
Brought to you by AGC Legal Recruitment
. Skillset
Required:
Legal Associate, Admitted Attorney, Litigation Associate, High Court, Magistrate’s Court, Foreclosures, Commercial Litigation , Legal Documents, Legal Research, Loan Agreements, Pledges, Cession documents, Term sheets, Legal advice
Title: Legal Associate – Financial Services
Company: AGC Recruitment Pty Ltd
Location: Sandton, South Africa
Category:
