Senior Legal Advisor: Workout & Restructuring

In brief

**Overview** This is an editorial assistant rewrite of the job description for a Senior Legal Advisor: Workout & Restructuring at Land Bank Careers. The role involves providing comprehensive legal support and advice across various business functions, with a specific focus on credit applications, legal compliance, deal structuring, and complex agreement drafting (including securitisations, restructures, mergers, and acquisitions). It also includes responsibility for policy and procedure development, resource management of external legal panels, stakeholder relationship management, and meticulous reporting and document management for the Bank. **What you will do** * Act as a voting member in approving credit applications and reviewing applications. * Serve as a custodian of all legal agreements in the Bank, responsible for their development and periodic review to ensure legal compliance. * Assist business units with the process of deal structuring from a legal perspective. * Draft complex legal agreements for high net worth clients, including but not limited to securitisations, restructures, mergers, and acquisitions. * Identify loopholes and make recommendations on policies and processes for improved service delivery. * Monitor and ensure compliance with policies and procedures, making recommendations in cases of non-compliance. * Assist in the development and review of Delegation of Powers (DOP). * Draft agreements and provide general legal assistance to the Bank, ensuring product compliance and alignment with Bank policies. * Manage a panel of attorneys, including providing instructions and subsequent communication. * Manage the delivery of outsourced legal work. * Manage costs and review invoices for outsourced work, ensuring compliance with signed Service Level Agreements (SLAs). * Manage expectations and relations with internal and external stakeholders, and negotiate with them as required. * Evaluate the performance of external service providers periodically. * Proactively build internal relationships with all Business Units. * Understand operational business needs and provide business solutions in the area of expertise. * Understand internal client’s areas of operation. * Proactively build relationships with attorneys, advocates, and bank clients. * Maintain a good working relationship with the team. * Prepare reports for the Board and management on matters pertaining to the business of the Bank. * Prepare legal summaries post legal reviews for the Board / Credit Risk and Investment Committee (CRMC). * Ensure proper record keeping within the area of responsibility. **Requirements (from the original advert)** * 4 year LLB Degree or equivalent. * Admitted Attorney or Advocate having undergone pupilage programme. * Post admission experience in a corporate and commercial environment which includes workout & restructuring. * Experience in a banking environment will be an added advantage. * **Critical Competencies**: * Legislation * Legal opinions * Report writing * Compilation of policies and procedures * Legal reviews * Research * Skills transfer to juniors * **Additional Requirements**: * Travel as and when required. * Extended hours as and when required. **Who should apply** This role is suitable for an admitted Attorney or Advocate with a 4-year LLB Degree or equivalent. The ideal candidate will have post-admission experience in a corporate and commercial setting, specifically including workout and restructuring activities, with a preference for experience within a banking environment. They should possess strong critical competencies in legislation, legal opinions, report writing, policy and procedure compilation, legal reviews, research, and the ability to transfer skills to junior colleagues. Applicants must also be prepared for business travel and extended working hours when necessary. **Deadline** 19th October, 2026 **Reference** Original posting: https://www.myjobmag.co.za/job/senior-legal-advisor-workout-restructuring-land-bank-careers Source: myjobmag

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