Legal Counsel (Institutional)

Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and rewards programmes. Our purpose is to enhance the lifetime financial wellness of people, their communities and their businesses wherever they may be in the world. Our strategy is simple to build relationships with clients by integrating financial wellness solutions into each and every engagement we may have with them. We want to understand their needs, circumstances and preferences and design holistic lifetime solutions with a personalised suite of products and services that sees to the financial wellness of the individual. At work, we strive to have a culture that is grounded in accountability, diversity, excellence , innovation, integrity and teamwork. Since we are in the business of people, we do not consider Corporate Social Investment as a nice-to-have, but as an imperative to help alleviate some of the challenges we face as a society. We are proud to proclaim our workforce a collective of social givers; employees lend their time, might and money to various projects to uplift and grow the community. MomMet has gone from strength to strength boasting an impressive 16 000 employees, six operating brands; the Multiply rewards programme; specialist cell captive insurance group Guardrisk, healthcare group Carecross, Occupational Care South Africa, property management group Eris and mobile health provider Hello Doctor. Weve also made inroads into the global investment space in the UK through Momentum Global investments. And we are now one of the largest insurers listed on the Johannesburg Stock Exchange (JSE) Role Purpose The successful candidate will provide business-focused legal advice and contract support primarily to the institutional businesses within Momentum Investments. This role requires knowledge of the South African financial services regulatory landscape with a focus on asset management, including FAIS, global markets, collective investment schemes, the JSE environment, the Insurance Act and matters related to the Financial Markets Act. The role includes reviewing and drafting contracts, supporting compliance efforts as well as projects and keeping updated with legislative developments. Requirements BCom LLB or LLB Degree. Admitted Attorney. 3 - 5 years of post-admission legal experience, preferably in an investment/asset management business. Experience of corporate law, complex transactions, alternative investments, corporate governance, global markets documentation, debt and credit instruments, operations of a CIS Manco and securitisation structures. Understanding of financial sector laws in South Africa such as FAIS, FICA, CISCA, Insurance Act, FMA, JSE rules and POPIA. Significant experience in contract drafting. Any postgraduate qualifications relating to capital/global markets or investment management is advantageous. Duties & Responsibilities Contractual support Draft, review, and negotiate a wide array of legal documents including investment management agreements, ISDAs/GMSLAs/GMRAs, note programmes, investment mandates, service level agreements, data agreements and stockbroking agreements. Support the team with continuous improvements on templates. Ensure efficient management of contracts through the entire contract lifecycle. Legal Risk Management Monitor and report on legal risks and regulatory developments. Identify and communicate legal risks in projects, policies, and systems. Support training initiatives regarding legal and regulatory updates. Legal Advisory and Queries Advise internal stakeholders on legal matters, including contracting and the interpretation and implementation of legislation. Provide legal advice on operational processes and appropriate legal contracting structures. Carry out legal research and provide commercially focused legal opinions. Product Development/Project Support Provide reliable legal support on the various initiatives and projects of the institutional businesses, including the launch of new portfolios, the take-on of new clients and developments due to regulatory changes Collaborate and communicate confidently within a multi-disciplinary project team, including portfolio managers, analysts, compliance and IT teams. Governance and Compliance Work closely with regulatory compliance and risk teams to manage regulatory changes and emerging risks within the business to embed a culture of good governance. Assist in implementing internal controls to mitigate legal risk, including systems and policies. Monitor legislative developments and be able to unpack the impact on the various businesses Competencies Meticulously detail-oriented with strong analytical and problem-solving abilities. Adaptability and resilience in the face of change and uncertainty. Exceptional legal and contract drafting skills. Be able to embrace and implement legal and financial technology solutions Strong communication, collaboration and relationship-building abilities. Ability to work under pressure and manage competing priorities in a fast-paced environment. Professionalism, integrity and sound judgment. Closing Date 2026/06/12