Legal Aid South Africa Jobs in Cape Town

Legal Advisor

Job Details

Post NameLegal Advisor
Company NameSanlam
IndustryPrivate
Employment TypeFull Time
Working Hours8 Hour
LocationCape Town, Cape Town, South Africa 7493
Min. SalaryZAR 200
Max. SalaryZAR 210 Per Hour
QualificationLLB degree

Job Description

Sanlam Corporate forms part of the Sanlam Life and Savings Cluster which offers retail and corporate life insurance, health, and investment products in South Africa. Our vision is to be the preferred partner to the Corporate and Public sectors by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of those entities and their employees.

We tap into over 100 years of expertise to provide cost-effective Employee Benefits and Healthcare Solutions that enable financial confidence for our members.

We enable our clients to make better retirement and risk decisions today through determined and passionate thought leadership and best-in-class people, innovative products, and proven processes all designed to help people live a better life tomorrow. 

We believe in creating and cultivating a positive, energized working environment that gives every individual the opportunity to achieve success by embracing diversity and growing our talent. We do this through living our values of having the courage to be bold, care, collaboration, and an intolerance of mediocrity.

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future –your career, your personal development, and of achieving awesome things. We pride ourselves in helping our employees to realize their worth and live with confidence.

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development, and achieving great things. We pride ourselves in helping our employees to realize their worth.

Through its four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provide many opportunities for growth and development.

What will you do?

To provide expert legal support to the Institutional Investment Product teams and assist with general legal tasks in the wider business as and when required.

The incumbent will provide legal advice, including drafting or vetting of contracts, related to –

  • the investment and annuity products offered to retirement funds and corporate clients 
  • investment contracts and guidelines between Sanlam Life, asset managers, and clients
  • regulatory and compliance changes impacting the business and our stakeholders

Key Responsibilities

  • Drafting and reviewing legal agreements applicable to the different business units described above.
  • Advising on the impact of legislation applicable to the different business units and their clients.
  • Providing advice on legal matters and drafting legal opinions.
  • Legal risk management reporting.
  • Presentations on various legal topics and developments to the different business units.
  • Conducting legal analysis and researching legal matters relating to new products.
  • Providing expert legal input for new product development.
  • Drafting, reviewing, and negotiating legal agreements including policy contracts, investment guidelines, and mandates.
  • Advising on all legal and regulatory requirements pertaining to the take-on of new clients and new products.
  • Assist with general legal tasks in the wider business as and when required.
  • Identify new amendments to investment legislation that impacts the business and advise and assist with implementation.
  • Conducting legal research and providing practical and operational legal advice to the business on a wide range of issues that affect or may affect the business.
  • Main liaison with wider Sanlam Group Legal teams. 

Qualification and Experience

  • LLB degree, preference is given to individuals with excellent academic results.
  • 2-6 years experience. 
  • Previous experience in investment, pension, and insurance law is preferred. 

Knowledge and Skills

  • Excellent drafting experience
  • Ability to interpret legislation and make recommendations considering business requirements
  • Good knowledge and understanding of South African law – basic knowledge of the financial services industry and the Pension Funds Act, Insurance Act, and FAIS Act will be advantageous
  • Computer literate with proven proficiency in MS Office (Word and Powerpoint)
  • A fair knowledge of all legislation affecting investment management firms, including the Insurance Act, Pension Funds Act, Collective Investment Schemes Control Act, Exchange Control Regulations, and others.  

Behavioural Competencies

  • Analytical and interpretational skills
  • Business and Client orientated
  • Excellent communication skills
  • Solution mindset – ability to come up with solutions and focus on problem-solving instead of just raising problems
  • Able to work under pressure and independently
  • Team player and solid interpersonal skills
  • An ability to communicate in a lucid and concise manner with colleagues and external parties, both in oral and written form. 
  • The ability to make firm decisions and recommendations.  

Core Competencies

  • Cultivates Innovation by creating new and better ways for the organization to be successful.
  • Client Focus – Building strong customer relationships and delivering customer-centric solutions.
  • Drives Results – Consistently achieving results, even under tough circumstances.
  • Collaborates – Building partnerships and working collaboratively with others to meet shared objectives.
  • Resilience – Rebounding from setbacks and adversity when facing difficult situations. 

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

Our commitment to transformation

The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process.

This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.

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