Legal Associate Financial Services – Sandton

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

Required Skills:

Legal Associate Admitted Attorney Litigation Associate High Court Magistrates Court Foreclosures Commercial Litigation Legal Documents Legal Research Loan Agreements Pledges Cession documents Term sheets Legal advice

Employment Type : Full Time
Experience: years
Vacancy: 1