Job Summary
Absa Bank Limited is seeking a highly skilled and detail-oriented Legal Counsel to join the Advice and Investments division within Absa Trust Limited. The successful candidate will provide expert legal guidance on complex trust, investment, and fiduciary matters, ensuring compliance with all applicable laws and regulatory requirements. This role demands a proactive legal advisor capable of managing risk, supporting business objectives, and contributing to strategic decision-making within the organization.
Key Responsibilities
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Provide comprehensive legal advice on trust structures, investment transactions, and fiduciary duties to internal stakeholders.
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Draft, review, and negotiate contracts, agreements, and other legal documents to mitigate risks and protect the bank’s interests.
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Ensure compliance with all relevant laws, regulations, and internal policies, including financial and trust legislation.
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Conduct legal research on emerging trends and regulatory developments affecting trust and investment activities.
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Support the resolution of complex legal disputes and liaise with external counsel when necessary.
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Collaborate with business units to develop strategies that align legal requirements with commercial objectives.
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Maintain a robust legal framework for the bank’s trust and investment services, promoting best practices and risk management.
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Assist in training and educating staff on relevant legal matters and regulatory compliance.
Required Skills and Qualifications
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LLB or equivalent law degree from a recognized institution.
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Admission as an Attorney or Advocate in South Africa is highly desirable.
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Strong understanding of trust law, investment law, and fiduciary duties.
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Excellent drafting, negotiation, and analytical skills.
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High attention to detail with the ability to manage multiple complex matters simultaneously.
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Strong interpersonal and communication skills for effective collaboration with stakeholders at all levels.
Experience
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Minimum of 5–7 years of post-qualification experience in a corporate or commercial legal environment, preferably within banking, trust, or investment sectors.
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Proven experience in providing legal advice on investment structures, trust management, and regulatory compliance.
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Experience in drafting contracts, agreements, and other legal instruments.
Working Hours
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Full-time position, Monday to Friday, with occasional extended hours based on business requirements.
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Flexibility to manage urgent legal matters outside standard hours as necessary.
Knowledge, Skills, and Abilities
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Deep knowledge of South African corporate, trust, and investment legislation.
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Strong problem-solving and decision-making abilities.
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Ability to interpret and apply complex legal concepts practically within a business context.
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Strong ethical standards and integrity in handling confidential information.
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Excellent organizational and time-management skills.
Benefits
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Competitive salary package with performance-based incentives.
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Comprehensive medical aid and retirement fund contributions.
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Opportunities for continuous professional development and career advancement.
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Access to wellness programs and employee support services.
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Flexible work arrangements depending on business requirements.
Why Join
Absa Bank Limited is a leading financial institution recognized for its commitment to innovation, ethical business practices, and employee development. Joining Absa Trust Limited offers the opportunity to work with a dynamic team, contribute to high-profile trust and investment initiatives, and grow your career in a supportive and professional environment.
How to Apply
Interested candidates are invited to submit their CV and a cover letter outlining their relevant experience and motivation for applying to us. Please include the job title “Legal Counsel – Advice and Investments” in the subject line. Only shortlisted candidates will be contacted for further assessment.