Legal Advisor: Commercial
Listing reference: nef_000024
Listing status: Closed
Apply by: 23 November 2023
Position summary
Industry: Financial Services
Job category: Banking, Finance, Insurance. Stockbroking
Location: Sandton
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
The National Empowerment Fund is looking for a Legal Advisor who will provide sound legal support as part of the deal structuring team. To fulfil all statutory, reporting and legal advisory services in accordance with business requirements as well as provide legal solutions that minimize risks for transactions like franchise, contract finance, etc.
Job description
Deal management
• Analyse the commercial aspects of the transactions.
• Draft, vet and negotiate a range of commercial agreements e.g. term sheets, loan agreements, sale of shares, sale of business, security documents, etc. in line with NEF’s funding terms and conditions.
• Ensure agreements are legally accurate and in accordance with the term sheet and Investment Committee approval.
• Ensure agreements are compliant with latest legal developments.
• Form part of the investment team and consult regularly with team on proposed structures, developments and legal implications thereof.
Due Diligence
• Attend due diligence assessments relating to NEF’s investments.
• Perform legal due diligence assessment on deals.
Legal Advice
• Identify legal risks and recommend mitigation methods for the risks relating to NEF’s investments.
• Provide prompt and sound legal advice and support to NEF in particular the Fund Management Division.
• Provide legal input to submission papers prepared for Investment Committee(s).
• Manage costs/budget for work carried out externally.
Minimum requirements
Qualifications
• LLB
• Admitted Attorney with at least 3 years post articles experience
Experience / Skills Required
• At least 3 – 5 years job related corporate and commercial law as well as banking and finance experience.
• Working knowledge of various computer programmes including Power Point, MS Word, Excel and Outlook.
• In depth knowledge of laws and legal processes in respect of NEF core business (primarily relating to Corporate Finance, Structured Finance and Investment Banking).
• Working knowledge of other areas of law e.g. Tax, Companies Act, Insolvency, Labour Law.
• Experience in legal due diligence.
• Working knowledge of finance.
• Ability to work on your own and within a team.
• Ability to work on own initiative and under pressure,
• Strong interpersonal skills.
• Excellent oral and written communication skills
• Articulate and detail conscious.
• Proven experience in negotiations
• Strong decision making and problem-solving skills.
• Legal drafting skills.
• Professional and courteous to all clients (internal and external).
• Accuracy in preparing legal documentation.
• Ability to advice on legal issues related to NEF business.
• Ability to convey legal opinion and argue legally.