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  • Posted: May 25, 2023
    Deadline: May 31, 2023
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    Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Senior Legal Advisor

    Role Purpose    

    • The purpose of this role is to enhance the legal capabilities across Momentum Insure; implement an end-to-end corporate legal function; enhance stakeholder interactions; ensure the effective management of legal risk while supporting strategic growth initiatives; by providing quality legal advisory services.

    Requirements    

    • Legal Degree
    • Must be an Admitted attorney
    • Minimum of 6 years’ post admission experience
    • experience within the Financial Services Industry advantageous
    • Knowledge of POPIA, COFI, FAIS, FICA, FSRA, Insurance Act advantageous

    Duties & Responsibilities    

    • Ability to identify, assess, manage, monitor and report on current and potential legal risks within Momentum Insure.
    • Continuously staying abreast with changes in legislation, regulations, court decisions and proposals from regulators and provide research on legal related topics and provide feedback to relevant stakeholders.
    • Ensure changes and developments in legislation, regulators, guidelines and practices are analysed, evaluated and reported.
    • Provide legal support, opinions, advice and feedback.
    • Assessment of business needs and provide corporate legal advice regarding contracting and projects implementation.
    • Ability to draft, negotiate, review and advise on contracts including but not limited to Service Level, MOU, NDA, Outsourcing, binder etc.
    • Manage the contract management process.
    • Provide strategic legal support, advice and guidance to Momentum Insure, including its various committees, forums and departments which may require legal support.
    • Build strong relationships through providing specialist know-how and leadership.
    • Assist, support and contribute to Risk Management and Legal Management within the orginisation
    • Draft and/or review internal policies and effectively implement policies and guidelines.
    • The development and management of the legal risk plans managing and maintaining the Legal Risk Management Framework including implementation of same throughout the organisation.
    • Tracking, monitoring and reporting of key legal risk indicators, controls and corrective action plans.
    • Conduct training and ensure staff are kept abreast of legal and regulatory developments.
    • Compiling legal reports.
    • Attend to general legal queries, as and when requested.
    • Continuously develop own expertise in terms of the industry and subject matter development and application thereof in an area of specialization
    • Ability to project manage legal deliverables in conjunction with stakeholder.
    • Review ongoing litigation cases and advise management accordingly.
    • Provide legal training to different business units on applicable legal issues which is relevant for a particular business unit, including legal processes and policies.

    Competencies    

    • Excellent organisational and administrative skills
    • Report writing skills
    • Accountable, self-disciplined and responsible
    • Attention to detail
    • Negotiation skills
    • Strong People skills
    • Ability to work independently and in a team environment
    • Excellent communication skills (verbal and written)
    • Problem solving ability, analytical thinker with investigative instinct
    • Stress Tolerance
    • Tenacity and Resilience
    • Business Acumen and professional approach
    • Assertive and tactful with the ability to handle conflict

    Closing Date    
    2023/06/09

    Method of Application

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