Senior Legal Advisor - Litigation
Listing reference: nef_000034
Listing status: Under Review
Apply by: 10 March 2024
Position summary
Industry: Financial Services
Job category: Banking, Finance, Insurance. Stockbroking
Location: Sandton
Contract: Fixed Term Contract
Remuneration: Market Related
EE position: Yes
Introduction
The National Empowerment Fund is looking for a Senior Legal Advisor - Litigation who will join our Legal Services team on a fixed-term contract. The purpose of this role is to provide sound legal support to post-investment monitoring of investments where there are emerging defaults on loan servicing. Active involvement in deal re-structuring, understand and analyse the commercial aspects of the transaction and give expert legal solutions.
Job description
- To provide sound legal support to post-investment monitoring of investment where there are emerging defaults on loan servicing. Active involvement in deal re-structuring, understand and analyse the commercial aspects of the transaction and give expert legal solutions.
- To provide prompt and sound legal advice and support to the NEF in particular the Post Investment Department & Turnaround, Workouts and Restructuring department,
Recoveries
- To provide legal input to submissions on existing investments prepared for the Portfolio Management Committee and other committees where relevant,
- Implement Committee decisions to recover monies, ensure rights of NEF are protected,
- Negotiate settlements,
- Brief external attorneys,
- To implement and monitor debt recovery, litigation, liquidation and all other legal and Court processes, whether or not outsourced to external law firms.
Turnarounds, Workouts, Restructures
- Business rescue, restructuring.
- Understand instruments, draft agreements, litigate, sequestrate.
- Criminal charges.
- Exercise guarantees, etc.
- To implement the restructuring of companies, draft and review all legal agreements relating thereto,
- Manage budgets and relationships with external lawyers, timeously.
- To address all legal matters relating to the NEF and its investee companies, implement amendments to funding structures and terms and negotiation of contracts with investee companies or third parties,
- Provide general legal advice to the NEF’s various departments,
- Mentor Legal Advisors.
Minimum requirements
Qualifications
- LLB
- Admitted Attorney
Experience/Skills required
- At least 8 years’ experience post articles experience in similar environment i.e. Private equity, Corporate finance, Corporate Finance Management Consulting etc.
- At least 8 years litigation, business rescue and Court experience,
- Experience in securities law; and/or
- Experience in insolvency law; and/or
- General experience in commercial law; and/or
- Proven working knowledge of Company law, Tax law and NCR
- Business report writing
- MS Office suite knowledge
- Experience in Turnarounds, Workouts and Restructuring is advantageous
- 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.
Behavioural Competencies
- High leadership qualities and teamwork,
- Strong sense of initiative and self-motivated,
- Strong communication skills,
- Efficient presentation skills,
- High sense of analysis, attention to detail and judgement,
- Integrity
- Problem Solving and Strategic Thinking
- Anticipating and Managing Change
- Business insight and Risk Awareness
- Interpersonal Agility
- Resilience and Stress Management
- Rule Orientation