Job category: Banking, Finance, Insurance. Stockbroking
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.
Responsibilities
- Provide sound legal support to post-investment monitoring of investments where there are emerging defaults on loan servicing.
- Provide prompt and sound legal advice and support to the NEF, particularly the Post Investment Department & Turnaround, Workouts and Restructuring department.
Recoveries
- Provide legal input to submissions on existing investments prepared for the Portfolio Management Committee and other relevant committees.
- Implement Committee decisions to recover monies and ensure rights of NEF are protected.
- Negotiate settlements.
- Brief external attorneys.
- 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 and restructuring.
- Understand instruments, draft agreements, litigate, and sequestrate.
- Implement the restructuring of companies, draft and review all legal agreements relating thereto.
- Manage budgets and relationships with external lawyers.
- Address all legal matters relating to the NEF and its investee companies, implement amendments to funding structures and terms, and negotiate contracts with investee companies or third parties.
- Provide general legal advice to the NEF’s various departments.
Qualifications
Experience/Skills required
- At least 8 years’ experience post articles in a similar environment (e.g., Private equity, Corporate finance).
- At least 8 years litigation, business rescue, and Court experience.
- Experience in securities law, insolvency law, and general commercial law.
- Proven working knowledge of Company law, Tax law, and NCR.
- Business report writing skills.
- 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 advise on legal issues related to NEF business.
- Ability to convey legal opinion and argue legally.
- High leadership qualities and teamwork.
- Strong sense of initiative and self-motivated.
- High sense of analysis, attention to detail, and judgement.
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