Introduction
Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.
Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit's inherent energy and commercial drive through our collaborative federated approach. Visit us at www.momentumgroupltd.co.za
Disclaimer
As an applicant, please verify the legitimacy of this job advert on our company career page.
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; and support the legal function.
Requirements
- Bachelor of Law Degree required
- 1 to 2 years experience within the Financial Services Industry
- Admitted attorney (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, proposals from regulators and provide research on legal related topics and providing legal opinions within the financial services sector.
- 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 legal opinion.
- Assist, support and contribute to Risk Management and Legal Management within Momentum Insure
- Effective implementation of policies and guidelines.
- Assist in the effective execution of the Legal Risk Management Framework including implementation of same throughout the organisation.
- Tracking and monitoring of key legal risk indicators, controls and action plans.
- Assisting in compiling legal reports.
- Attend to general legal queries, as and when requested
- Continuously develop your 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
- Provide legal training or insights 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 and self-disciplined
- Attention to detail
- Negotiation skills
- Ability to work independently and in a team environment
- Excellent communication skills (verbal and written)
- Problem solving ability, analytical thinker with investigative instinct
- Business Acumen
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