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Legal Counsel – South Africa

This position will work within a small but highly effective global Group legal department, assisting to execute a broad range of matters across the Group.

Company Overview

The NMG Group is a global advisory and intermediary firm focused exclusively on the financial services sector. Established in 1992, NMG has enjoyed rapid expansion internationally and now has over 800 employees in 18 cities, covering all inhabited continents. NMG is made up of three broad business groups:

• NMG Benefits, an employee benefit consulting and administration business in Southern Africa.
• NMG Consulting, a specialist consulting business focused on the insurance and investment industries.
• NMG Capital, a private equity business investing in financial services entities.

Clients include multinational insurance and wealth management companies, as well as employers whose staff participate in Retirement Fund and other employee benefit programmes.

Summary Statement

Reporting to the Senior Legal Counsel based in Johannesburg, this position will work within a small but highly effective global Group legal department, assisting to execute a broad range of matters across the Group.

Whilst the role will have exposure to NMG Group’s global activities, its primary focus will be towards NMG Benefits and its related business activities in neighbouring jurisdictions as well as NMG Consulting in connection with its business activities in the United Kingdom and North America. Key business units within NMG Benefits include: retirement fund administration and consulting, corporate healthcare consulting, actuarial services, personal financial advice, and asset management. Key business units within NMG Consulting include strategy consulting, insights, and data analytics.

The successful applicant will make a significant contribution to efficiency of the organisation, working closely with business unit managers to allow for the achievement of strategic and commercial objectives and growth targets.

Role

Legal Counsel

Location:

South Africa

Key Responsibilities

  • NMG Benefits and NMG Consulting – Legal: a) Possessing broad / generalist legal expertise and able to problem solve with key stakeholders to define legal concerns, risks and appropriate solutions; b) Drafting and negotiating commercial transactions including those for the provision of services to major customers and partners.

  • NMG Benefits and NMG Consulting – Legal: c) Preparing and negotiating contractual documentation for employee relationships, standard trading arrangements, contractors and other services including confidentiality agreements, licence agreements and non-compete/non-solicitation provisions; d) Advising on employment issues, law and policies, including the management and settlement of employee disputes and litigation.

  • NMG Benefits and NMG Consulting – Legal: e) Advise, communicate, and ensure understanding of, and compliance with, applicable privacy and relevant data protection laws across multiple jurisdictions; and f) Performing certain Company Secretarial functions such as minuting Board meetings, preparation of resolutions for directors and shareholders, responsibility for preparation of AGM materials and minutes.

  • NMG Benefits and NMG Consulting - Risk and Compliance: a) Acting as a valued business partner to key stakeholders; and b) Providing proactive advice and guidance on current and future regulatory and legislative requirements and guidelines that govern business activities.

  • NMG Group: a) Drafting and negotiating documents relating to the Group’s capital raising and ongoing strategic investment activity including M&A, cross-border minority investments and restructuring shareholders arrangements in various jurisdictions including drafting share purchase agreements and shareholder agreements.

  • NMG Group: b) Performing certain Company Secretarial functions such as minuting Board meetings, preparation of resolutions for directors and shareholders, responsibility for preparation of AGM materials and minutes; and c) Living the NMG Values of Collaborating, Curiosity, Go for it and Make it Count in all that your do.

Competencies, Qualifications & Experience

  • 6-8+ years qualified lawyer (South Africa, UK, and US (common law) qualifications preferred); Experience within a highly reputable, international law firm or in the legal function of a multinational organisation (candidates with significant experience in M&A preferred)

  • Solid transactional training and experience with strong drafting and negotiating skills with an ability to manage complex deal structure

  • Providing timely, accurate, independent, pragmatic, and commercial legal advice to internal stakeholders while effectively highlighting and managing legal and commercial risks

  • Exceptional attention to detail whilst having a solid grasp of broader, material legal and commercial issues when deal making; effectively and efficiently communicate and escalate commercial and legal issues to relevant stakeholders

  • Able to work both independently and collaboratively with excellent time management skills; Effective at multi-tasking in an extremely fast-paced environment with short turnaround times

  • Driven with the aptitude and attitude to learn, embrace, and adapt to changes

  • Excellent communication and interpersonal skills, with the ability to effectively engage stakeholders throughout the organisation

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