R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client is an investment management business fully invested in meeting client needs more effectively. They are focused on helping their clients grow and protect their investments, by managing risk and volatility and offering innovative solutions and best of breed building blocks to meet their needs. They tap into the skills and capabilities of the broader group in South Africa, Namibia and international markets to leverage a broad range of investment opportunities that are not typically accessible to investors.
This investments business is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk. In the institutional space in South Africa as well as their global business, they pride themselves on offering solutions to address clients’ holistic balance sheet needs and to support business strategies in the reallocation of investment capital in the face of increasing regulatory pressures. Their approach is to understand their clients’ individual needs and to gain insight into the strategic investment challenges they face, to provide appropriate solutions to their investment challenges. Their mission as an asset manager is: “getting those that are not saving to save, getting those who are saving to save more effectively and helping to fund Africa”.
The company is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk. In the institutional space in South Africa as well as their global business, they pride themselves on offering solutions to address clients’ holistic balance sheet needs and to support business strategies in the reallocation of investment capital in the face of increasing regulatory pressures. To further aid their client value proposition and to scale, the company was recently integrated under the holistic corporate and institutional (C&I) invest business and resides within C&I markets management structure.
They now seek a legal advisor to join their team.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be required to drive legal implementation of investment and asset management products, services and structures, within the company business and across the retail, commercial, and corporate & institutional customer segments of the wider group;
- You will be responsible for advising the company’s investment and asset management businesses on the legal aspects of applicable products and services and transactions, as well as continued research into various aspects of the laws, industry best practice and regulatory framework impacting on the legal viability of the transactions being considered;
- You will be required to provide legal advice on moderate to complex legal matters with a financial impact and to identify and manage the legal risk associated with such transactions;
- You will be required to provide highly specialised legal advice or support in relation to, inter alia:
- LMA transactions, liability driven investments (LDI), structured notes, funds and collective investment schemes, securitisation structures, asset swap facilities;
- You will be responsible for operational aspects pertaining to these product offerings, including opinions and guidance on the investment parameters applicable in such contexts;
- You will be responsible for fund migrations and funds litigation services;
- You will be responsible for advising on financial services legislation affecting funds, investment management companies and advisors, including distribution and marketing issues;
- You will be required to ensure compliance with internal legal and other procedures and policies;
- You will be responsible for negotiating and drafting final agreements, pertaining to the product offering, investment management agreements, ISDA’s, custody agreements, administration agreements, prime brokerage agreements, co-investment agreements, securitisation agreements, asset swap agreements and rebate agreements;
- You will be responsible for listing investment funds and conducting due diligence;
- You will be responsible for technical analysis and application of legal and commercial principles to transactions / products;
- You will be responsible for expert drafting and reviewing of applicable documentation and agreements;
- You will be responsible for developing and maintaining relationships with internal stakeholders and providers of legal services (including, external legal counsels, and other key stakeholders);
- You will be required to provide guidance and mentoring to junior legal advisers and direct reports;
- You will be required to stay up to date in all developments in the law in relation to his/her areas of legal practice;
- You will be required to comply with all professional and ethical standards relevant to in-house legal advisers;
- You will be required to monitor, analyse and evaluate the impact and legal implications of developments in the industry and related areas, including the activities of competitors and pro-actively work with the legal centres of expertise and recommend effective courses of action so that either a stance may be adopted, or potential threats may be averted;
- You will be responsible for monitoring compliance with legal and statutory requirements related to legal risks of the organisation.
CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:
- You have sound corporate and commercial legal knowledge;
- You have the ability to work independently and within a team;
- You have the ability for transactional negotiations at senior and complex level;
- You have outstanding analytical and problem-solving skills;
- You have excellent interpersonal and communication (verbal and written) skills in English;
- You have independent judgement and good analytical skills;
- You are capable of working in a high-pressured environment and can exercise independent judgement;
- You have the ability to prioritise and plan;
- You have the ability to independently provide guidance and timeous delivery on highly complex projects;
- You have a deep understanding of the law, regulation, and practice of the relevant area of specialisation;
- You have strong technical ability to draft sound legal opinions or legal documentation in the relevant area of specialisation.
CORE QUALIFICATIONS AND EXPERIENCE:
- You have a LLB;
- You are admitted legal practitioner;
- You may have an LLM in relevant specialist area of the law advantageous, corporate, or commercial law, banking and finance, international business law;
- You have a minimum of 8 – years’ current, relevant post-article experience in the relevant area of legal specialization;
- You have a minimum of 6 – 8 years current, relevant working experience in a relevant asset management or investment management legal environment;
- You have experience in the drafting, review (and at times negotiating) of LMA and LDI investments;
- You have experience in portfolio management and fund management business.
You will have access to: Opportunities to network and collaborate; challenging and meaningful work; opportunities to innovate.