SATIC - Financial Services Lawyer

undefined ago • 7 Years + • Financial Analysis

Job Summary

Job Description

At PwC, legal services professionals offer comprehensive legal solutions, ensuring regulatory compliance and minimizing risks for internal and external clients. Those in NewLaw focus on innovative approaches, leveraging technology, process improvement, and data analysis to streamline legal services. This Senior Manager role in SATIC, a delivery centre serving UK PwC and based in South Africa, involves project-based assignments, specialist legal advice, and general counsel support for the PwC Legal UK team. We are seeking a South African admitted lawyer with 7+ years PQE in financial services and transactional background, passionate about client service and embracing new technology.
Must have:
  • Qualified and admitted attorney in South Africa or equivalent common law jurisdiction
  • Excellent academic background
  • Experience negotiating loan agreements and advising on lending and security-related transactional matters
  • Good working knowledge of LMA documentation and current market practice
  • Experience drafting, negotiating, reviewing and assessing financial services legal documents
  • Strong knowledge of the financial services regulatory space impacting banks, insurers, funds, and asset managers
  • Ability to meet tight deadlines and thrive in a fast-paced environment
  • Ability to use initiative and embrace innovation and continuous improvement
  • Ability to work autonomously and as part of a team
  • Ability to harness new technology to deliver better services, faster
  • Ability to lead, coach and manage junior team members and provide quality assurance
  • Excellent communication skills and a positive “can do” attitude
  • Good technical legal skills, expertise in drafting, reviewing, and redlining
  • Keen ability to learn in a fast-moving, innovative, and technology-enabled environment
Good to have:
  • Knowledge of or previous experience in the managed legal services industry
  • Experience working as an in-house legal counsel
  • PowerPoint presentation skills
  • Strong IT skills (Office 365)
  • CLM skills

Job Details

Management Level

Manager

Job Description & Summary

At PwC, our people in legal services offer comprehensive legal solutions and advice to internal stakeholders and clients, maintaining compliance with regulations and minimising legal risks. These individuals provide strategic guidance and support across various industries. Those in NewLaw at PwC will focus on innovative approaches, methodologies, and tools to deliver legal services in a more efficient and effective manner. Your work will involve utilising technology, process improvement, and data analysis to streamline legal processes, enhance client service, and drive value.

Growing as a strategic advisor, you leverage your influence, expertise, and network to deliver quality results. You motivate and coach others, coming together to solve complex problems. As you increase in autonomy, you apply sound judgment, recognising when to take action and when to escalate. You are expected to solve through complexity, ask thoughtful questions, and clearly communicate how things fit together. Your ability to develop and sustain high performing, diverse, and inclusive teams, and your commitment to excellence, contributes to the success of our Firm.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Craft and convey clear, impactful and engaging messages that tell a holistic story.
  • Apply systems thinking to identify underlying problems and/or opportunities.
  • Validate outcomes with clients, share alternative perspectives, and act on client feedback.
  • Direct the team through complexity, demonstrating composure through ambiguous, challenging and uncertain situations.
  • Deepen and evolve your expertise with a focus on staying relevant.
  • Initiate open and honest coaching conversations at all levels.
  • Make difficult decisions and take action to resolve issues hindering team effectiveness.
  • Model and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

About the role

SATIC is a delivery centre serving UK PwC and is an independent member of the PwC international network of firms. By joining SATIC and being based in South Africa, you will be part of the PwC Legal UK team located in London, Birmingham and Manchester. You will be working on project-based assignments, specialist legal advice and ongoing general counsel support.

An exciting opportunity has arisen to join the legal team based in one of our state of the art facilities in South Africa. We are looking for +7 year or more PQE South African admitted lawyers in financial services and transactional background to join this busy, friendly team at Senior Manager level.

We are looking for a talented and ambitious individual with a passion for client service. We are experiencing significant growth in our practice largely due to our ability to harness new technology to deliver better services, faster.

This is the ideal environment for an individual who wants to be part of the future of legal services and solve real business problems.

Role and Key Responsibilities:

You will join as a Senior Manager and contribute to the team’s expansion. The role includes:

  • Drafting, negotiating, reviewing and assessing a wide range of financial services legal documents including loan agreements (bilateral and syndicated), security, ancillary and CP documents.
  • Providing lending SME and applying market/industry knowledge of lending transactions as part of wider PwC engagements.
  • Knowledge-sharing and providing training and tailored lending Subject Matter Expertise support to colleagues in other parts of the PwC network.
  • Supporting clients in the negotiation and execution of a range of lending transactions and developing contract negotiation playbooks for clients.
  • Supporting clients to leverage technology enabled workflows to support contract preparation, negotiation and execution.
  • Business development, including over time building a network of referrers within PwC as well as developing direct client relationships.

Essential skills/Requirements:

  • Qualified and admitted attorney in South Africa or equivalent common law jurisdiction.
  • Excellent academic background. Experience of negotiating loan agreements and advising on lending and security-related transactional matters, either as an in-house lending lawyer at a bank or other financial institution or at a leading law firm.
  • Good working knowledge of LMA documentation and current market practice.
  • Experience in drafting, negotiating, reviewing and assessing a wide range of financial services legal documents including loan agreements (bilateral and syndicated), security, ancillary and CP documents.
  • Strong knowledge of the financial services regulatory space as it impacts on banks, insurers, funds, asset managers and other financial institutions.
  • Ability to meet tight deadlines and to thrive in a fast-paced environment.
  • Ability to use initiative and a willingness to embrace innovation and continuous improvement.
  • Ability to work both autonomously and as part of a team as and when required.
  • Ability to harness new technology to deliver better services, faster.
  • Ability to lead, coach and manage junior team members and provide quality assurance and control.

The Skills and Experience we are looking for

The successful candidate(s) will be energetic, enthusiastic and keen to embrace the challenge of turning their hand to many different types of financial services work.

Essential Skills / Requirements:

  • Qualified attorney in South Africa or equivalent common law jurisdiction.
  • Excellent academic background.
  • Excellent communication skills and a positive “can do” attitude - ability to achieve goals through teamwork, direct and indirect influence and collaboration. Primarily a team player but also able to work under own initiative. Clear, articulate and confident in written and verbal communication skills.
  • Good technical legal skills. Expertise in drafting, reviewing and redlining.
  • Ability to meet tight deadlines and to thrive in a fast-paced environment;
  • A keen ability to learn in a fast moving, innovative and technology enabled environment and a desire to be part of the movement to modernise the in-house delivery of legal services and advance the New Law Services practice.

Knowledge of or previous experience in the managed legal services industry or of working as an in-house legal counsel would be advantageous and looked on favourably. The successful candidate will be working with lawyers across the other UK offices and will be occasionally required to travel between offices.

Desirable skills:

  • PowerPoint presentation skills
  • Strong IT skills. (Office or 356)
  • CLM skills

Training:

You will be upskilled to handle transactions governed by the laws of England and Wales through comprehensive training in the ways of working in delivering financial services work.

The successful candidate(s) will be energetic, enthusiastic and keen to embrace the challenge of turning their hand to many different types of financial services work.

Travel Requirements

Up to 20%

Available for Work Visa Sponsorship?

No

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About The Company

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.


Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.

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