215 Lead Legal Counsel - Pretoria, South Africa - South African Reserve Bank

Thabo Mthembu

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Thabo Mthembu

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Description

Brief description


The main purpose of this position is to provide comprehensive and effective legal advice relating to the legislative, regulatory and litigious issues within the South African Reserve Bank (SARB) Group, including the Prudential Authority (PA), with a special focus area on financial sector laws as defined in the Financial Sector Regulation Act 9 of 2017.

This includes banking, insurance, financial market infrastructure and other related areas.

The incumbent may also be required to lead a team of legal consultants in the provision of legal advice and to contribute proactively to the mitigation of legal risk within the SARB Group, including the PA.


Detailed description

  • Proactively identify, address and manage potential legal risks within the SARB Group, including the PA.
  • Conduct and integrate legal research.
  • Take responsibility for monitoring and reviewing local and international legislation, regulation and policies that have an impact on the mandate of the SARB Group, including the PA, and advise senior management on any developments.
  • Steer legal processes for internal clients on complex legal challenges and disputes affecting their operations.
  • Provide legal advice and opinions to the SARB Group, including the PA.
  • Participate in negotiations to draft and conclude agreements on relevant positions, policies, principles, litigation matters and regulatory action matters, in consultation with senior management in the Legal Services Department.
  • Draft legislation and review draftsof new legislation to addressspecific concerns of the SARB Group, including the PA.
  • Lead special projects to ensure that mandated and informed positions are developed and presented to stakeholders.
  • Manage litigation affecting the SARB Group, including the PA, in conjunction with external counsel.
  • Conduct research into a wide range of matters, including legislative, regulatory and policy frameworks that have an impact on the SARB Group, including the PA.
  • Take responsibility for addressing issuespertaining to relevantlegislation applicable to the SARB Group, including the PA.
  • Represent the Legal Services Department and the SARB Group, including the PA, on national,regional and international committees.
  • Report on the abovementioned committees.
  • Provide guidance, advice and legal opinions to the abovementioned committees.
  • Review and draft policies relevant to the SARB Group, including the PA.
  • Institutionalise processes to enhance efficiencies within the SARB Group, including the PA.
  • Mentor and develop legal counsel.

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