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  • Posted: Sep 27, 2024
    Deadline: Not specified
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    The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Secon...
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    Senior Legal Advisor

    Qualification and Experience

    Qualification

    • Law degree and Admission as an Attorney essential
    • Master’s degree such as LLM desirable

    Knowledge & Skills 

    • A minimum of five years’ post-article experience in the financial services industry
    • 2-3 years working experience in the banking and finance/SoE/DFI (restructuring, turnaround & business rescue) space is essential
    • Experience in the drafting, review, negotiation and re-negotiation of cross-border, project finance, corporate, commercial, structured and re-structured finance transactions
    • Understanding of the PFMA in particular its application to Schedule 2 SOEs, PFMA Treasury acquisition notifications, competition commission  acquisitions notifications, fund management/investment

    Roles and Responsibilities

    • Provide general legal advice, including legal research
    • Structure, restructure, negotiate and re-negotiate corporate and commercial transactions including project finance and cross-border financing transactions
    • Identify, evaluate and structure import and export finance transactions
    • Ensure compliance with internal legal and other IDC procedures and policies
    • Identify and minimize potential legal risks
    • Draft, review, negotiate and re-negotiate financing agreements and other legal documentation
    • Make presentations and opine on legal and regulatory developments
    • Conducting legal due diligence investigations
    • Ensure efficiencies aimed at improving client satisfaction by providing efficient legal services 
    • Developing and maintaining relationships with providers of legal services (including, external legal counsels, business rescue practitioners and other key stakeholders)
    • Develop and maintain client and institutional relationships, internally, locally and internationally

    Method of Application

    Interested and qualified? Go to Industrial Development Corporation on careers.idc.co.za to apply

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