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| ABSA Group Limited |
Jobs in Tanzania 2023: New Job Vacancies at ABSA Group Limited, 2023
About Us
Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.
Absa
Group Limited is listed on the JSE and is one of Africa’s largest
diversified financial services groups with a presence in 12 countries
across the continent and around 41 000 employees.
Absa Group Limited
is listed on the JSE and is one of Africa’s largest diversified
financial services groups with a presence in 12 countries across the
continent and around 41 000 employees.
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We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
Legal Counsel
locations Absa House - ABT
time type Full time
job requisition id R-15950514
Bring your possibility to life! Define your career with us
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | ZIPO ZA NECTA NA MOCK 1988 - 2019. CLICK HERE!
We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
Legal Counsel
locations Absa House - ABT
time type Full time
job requisition id R-15950514
Bring your possibility to life! Define your career with us
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
My Career Development Portal:
Wherever you are in your career, we are here for you. Design your
future. Discover leading-edge guidance, tools and support to unlock your
potential. You are Absa. You are possibility.
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CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!Job Summary
Job Purpose
Manage Legal Risks; particularly manage Litigation risk and litigation case outcomes, Competition Law risk, Intellectual Property risk and Contractual arrangement risk.
Ensure that the Bank has effective Legal & Regulatory risk control frameworks and processes in accordance with the Absa Group Board Governance Standards.
Support all business areas and functions ((CIB/Retail/Business Banking/Treasury/Global Markets/Credit) in relation to their Legal risks and issues and provide services required to achieve their business and functional objectives.
Support all non-business areas and functions (People/Customer Service/Customer Experience and Digital Channels/COO/Sourcing/Marketing and Corporate Relations in relation to the legal risks and issues and provide services required to achieve business and functional objectives.
In particular, support Compliance with legal advice in relation to regulatory compliance, sanctions, financial crime and anti- money laundering.
Manage relationships with external lawyers using best supplier management practices.
Analyse Legal Risk Management and prepare information reports for submission to various forums at Local and Group Level.
Assist the Company Secretary in the preparation of Board Packs and minutes.
Provide/Conduct training to business areas and non- business areas relating to legal risks and other contractual related issues.
Support the Bank’s Recovery Strategy both, Retail and Corporate recoveries.
Manage external legal expenditure and tracking.
Job Description
Main Accountabilities
Commercial Focus
Technical Skills and Knowledge
Solution Focus
Risk and Control Objectives
Technical skills / Competencies
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,475 POSTS)
Experience, qualifications and other requirements specific to the role
Essentials Job Purpose
Manage Legal Risks; particularly manage Litigation risk and litigation case outcomes, Competition Law risk, Intellectual Property risk and Contractual arrangement risk.
Ensure that the Bank has effective Legal & Regulatory risk control frameworks and processes in accordance with the Absa Group Board Governance Standards.
Support all business areas and functions ((CIB/Retail/Business Banking/Treasury/Global Markets/Credit) in relation to their Legal risks and issues and provide services required to achieve their business and functional objectives.
Support all non-business areas and functions (People/Customer Service/Customer Experience and Digital Channels/COO/Sourcing/Marketing and Corporate Relations in relation to the legal risks and issues and provide services required to achieve business and functional objectives.
In particular, support Compliance with legal advice in relation to regulatory compliance, sanctions, financial crime and anti- money laundering.
Manage relationships with external lawyers using best supplier management practices.
Analyse Legal Risk Management and prepare information reports for submission to various forums at Local and Group Level.
Assist the Company Secretary in the preparation of Board Packs and minutes.
Provide/Conduct training to business areas and non- business areas relating to legal risks and other contractual related issues.
Support the Bank’s Recovery Strategy both, Retail and Corporate recoveries.
Manage external legal expenditure and tracking.
Job Description
Main Accountabilities
Commercial Focus
- Proactive approach to identifying, managing and reporting of legal risks and issues.
- Can apply legal principles to the business environment and challenges to find solutions and mitigate legal risk.
- Positively adapts to change and adjusts approach to provide solutions
- Develops strong networks across the organization to get things done.
- Exhibits ability to negotiate and influence people to achieve positive outcomes.
- Clear and confident communicator who tailors message according to audience
- Understanding of customers stated needs
- Offers insightful service provision in response to business issues.
- Develops professional relationships with key business areas and maintains relationships in testing situations
Technical Skills and Knowledge
- Has a clear logical approach to the issues and provides easy to follow commercial advice
Solution Focus
- Takes ownership of problems and fixes what is not right with personal accountability for high quality outputs
- Gets involved in projects in the team and across the function to share knowledge and learn new skills
- Shows enthusiasm for new ideas and contributes to implementation.
- Works with others to improve and seeks coaching/ mentoring for self
- Involves team members when developing recommendations and utilizes resource to the best effect
- Makes the team a fun place to work, supports others to make a success of the team and function and encourages collaborative working.
- Gives observable and honest feedback in a timely manner.
- Work on team and Function wide initiatives to make Absa a better place
Risk and Control Objectives
- In the event of major issues in the business unit, act as crisis coordinator and allocate tasks to the crisis teams.
- Review the risk and Legal profiles of the business unit on a regular basis and provide consultative support to the Head of Compliance & Legal on changes that are required to rebalance risk and reward where required.
- Understanding of own role in the end to end processes in which you play a part, including applicable risks and controls.
- Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
- Keep up to date on all legal and regulatory changes and have the ability to articulate the impact to the Business, be well informed on the industry thinking.
- All mandatory training completed to deadline.
Technical skills / Competencies
- Strong legal analytical skills.
- Strong written and spoken English including legal terminology.
- Strong conversational English
- Ability to work with figures confidently and to construct and use excel spreadsheets confidently
- Computer literate – comfortable user of usual office software packages
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,475 POSTS)
Experience, qualifications and other requirements specific to the role
- Law degree
- Admitted as an Advocate.
- Qualified legal experience (private practice or in-house) dealing with banking and/or commercial issues/clients.
Knowledge and Expertise
- Banking Law
- Financial Services Compliance Frameworks
- Anti-Money Laundering Frameworks
- Retail financial services contractual drafting of terms & conditions / products terms etc.
- Commercial banking facility terms and standard security documentation
- Sourcing contractual relationships and drafting
- HR & Industrial relations knowledge
- Civil Litigation knowledge
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Absa Values
Absa’s Values and Behaviours represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
• I drive high performance to achieve sustainable results
• I’m obsessed with customer
• I have an African heartbeat
• I believe our people are our strengths
Education
- Bachelor Honours Degree: Law, Military Science and Security (Required)
Deadline: 2023-04-18.
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